Aurania Resources Ltd. · TSXV:ARU

Aurania Resources — Investor Presentation (June 2023)

26 slides from Aurania Resources's investor presentation, Jun 6, 2023

  1. Slide 1: Exploring Mineral Systems in Ecuador: Gold, Copper & Silver

    Exploring Mineral Systems in Ecuador: Gold, Copper & Silver June 2023

  2. Slide 2: Forward Looking Statements

    Forward Looking Statements This presentation contains or incorporates by reference “forward-looking statements” and “forward-looking information” (collectively, “forward-looking statements”) within the meaning of applicable Canadian securities legislation and applicable U.S. securities laws concerni

  3. Slide 3: Ecuador: An Exploration Hot-Spot

    Ecuador: An Exploration Hot-Spot SolGold’s Cascabel Mining-friendly government in place copper-gold deposit Codelco’s Llurimagua copper Colombia porphyry Ecuador Adventus’ gold- copper Curipamba VMS deposit Dundee’s Loma Larga gold- Peru silver deposit Next Slide Lumina’s Cangrejos gold deposit TSXV

  4. Slide 4: Southeastern Ecuador: An Emerging Mineral Belt

    Southeastern Ecuador: An Emerging Mineral Belt Ecuador Aurania’s concession block is 207,764Ha San Carlos-Panantza (Tongling–CRCC) Warintza (Solaris) Tarqui (Lumina-BHP) Gamora (Lundin Gold-Newcrest) Mirador Norte (Tongling - CRCC) Mirador (Tongling – CRCC) – copper - in production Fruta del Norte (

  5. Slide 5: Exploration for Gold, Copper & Silver

    Exploration for Gold, Copper & Silver  100% interest in the Lost Cities – Cutucú Project (the “Project”)  The Project is 207,764Ha and is located in Cordillera de Cutucú in southeastern Ecuador The Project  42 mineral exploration concessions  Geological similarities of the Project to that of the

  6. Slide 6: Mineralized Systems & Targets in Ecuador

    Mineralized Systems & Targets in Ecuador Aurania’s large property is 207,764Ha (~0.5M acres) Awacha porphyry Tatasham Porphyry - Epithermal Tiria-Shimpia Sediment-hosted silver-zinc Tsenken N1 Sediment-hosted copper-silver Kuri-Yawi Kuripan Latorre C Epithermal gold-silver TSXV:ARU OTCQB:AUIAF FRANK

  7. Slide 7: Mineralization Styles

    Mineralization Styles TSXV:ARU OTCQB:AUIAF FRANKFURT:20Q 7

  8. Slide 8: Copper Gold Exploration Plan

    Exploration Plan Complete mapping and field programs to refine targets prior to drill testing* Copper Gold Porphyry Epithermal  Awacha – Anaconda  Tatasham – the epithermal mapping to continue; target is new as of early 2023; consider IP geophysical further field work is required survey ahead of d

  9. Slide 9: Awacha: Evidence of a Porphyry System

    Awacha: Evidence of a Porphyry System • Typical alteration of the upper part of Porphyry system reported by Terraspec study • Example of monzonite intrusive • Example of Quartz vein with central suture of pyrite, chalcopyrite and covellite TSXV:ARU OTCQB:AUIAF FRANKFURT:20Q 9

  10. Slide 10: Awacha: QSP Alteration

    Awacha: QSP Alteration Top of a porphyry body, confirmed by geophysics TSXV:ARU OTCQB:AUIAF FRANKFURT:20Q 10

  11. Slide 11: Awacha Compared to Global Porphyry Systems

    Awacha Compared to Global Porphyry Systems TSXV:ARU OTCQB:AUIAF FRANKFURT:20Q 11

  12. Slide 12: Tatasham: Porphyry and Epithermal

    Tatasham: Porphyry and Epithermal • Recently drilled 3 holes based on porphyry target and discovered geological evidence of an epithermal system • Porphyry is below or lateral at an unknown depth; it provided the “heat engine” for geothermal activity • Geological context is similar to the Fruta del

  13. Slide 13: Tatasham: Location of Sinter and Boreholes

    Tatasham: Location of Sinter and Boreholes Kutnahorite, a rare pink calcium manganese carbonate mineral, was found on surface in several places at Tatasham. This is a common gangue mineral at the Fruta del Norte gold mine located 100km south. TSXV:ARU OTCQB:AUIAF FRANKFURT:20Q 13

  14. Slide 14: Tsenken–Shimpia: Sediment-hosted Mineralization

    Tsenken–Shimpia: Sediment-hosted Mineralization Shimpia Target Tsenken Target TSXV:ARU OTCQB:AUIAF FRANKFURT:20Q 14

  15. Slide 15: Samples from Tsenken Target

    Samples from Tsenken Target TSXV:ARU OTCQB:AUIAF FRANKFURT:20Q 15

  16. Slide 16: TSXV:ARU OTCQB:AUIAF FRANKFURT:20Q

    TSXV:ARU OTCQB:AUIAF FRANKFURT:20Q 16

  17. Slide 17: Tsenken: Gross Metal Values

    Tsenken: Gross Metal Values TSXV:ARU OTCQB:AUIAF FRANKFURT:20Q 17

  18. Slide 18: Set to Capture Value through Discovery

    Set to Capture Value through Discovery Set to Capture Value through Discovery Lassonde Exploration Project Value Curve Aurelian’s share price performance through discovery of the Fruta del Norte gold deposit 14x 12x 10x Project Value 8x 6x 4x 2x 0 Exploration Engineering Mining Aurania has the poten

  19. Slide 19: Our Local Stakeholders: The Shuar

    Our Local Stakeholders: The Shuar TSXV:ARU OTCQB:AUIAF FRANKFURT:20Q 19

  20. Slide 20: CSR: Microbusiness Workshops with Communities

    CSR: Microbusiness Workshops with Communities TSXV:ARU OTCQB:AUIAF FRANKFURT:20Q 20

  21. Slide 21: Capital Structure

    Capital Structure Capitalization Table (TSX.V:ARU, OTCQB:AUIAF, Frankfurt:20Q) Share Price (C$) 0.30 Ecuador Basic Shares Outstanding (M) 67.5 Warrants (M) 23.9 Options (M) 3.8 RSUs* (M) 0.058 Fully Diluted Shares Outstanding (M) 95.3 Market Cap (Basic) (C$M) 20.2 Note: numbers above including share

  22. Slide 22: Summary

    Summary  The Project is located in Cordillera de Cutucú in southeastern Ecuador – an exploration hotspot; large, contiguous land package  Same geology as the Cordillera del Cóndor in the south, which hosts major gold and copper deposits  The Ecuadorian government supports responsible exploration/

  23. Slide 23: Contact

    Contact Corporate Office Social Media 8 King Street East, Suite 1800 @AuraniaLtd Toronto, ON M5C 1B5, Canada (416) 367-3200 ir@aurania.com @AuraniaLtd Dr. Keith Barron, President, CEO and Chairman keith@aurania.com Aurania Resources Francisco Freyre, Chief Financial Officer Paco.freyre@wdnumeric.com

  24. Slide 24: Appendix

    APPENDIX TSXV:ARU OTCQB:AUIAF FRANKFURT:20Q 24

  25. Slide 25: Board

    Board Keith Barron, PhD  Exploration geologist with over 39 years experience in the mining sector CEO & Chairman  Co-founded Ecuador gold explorer Aurelian Resources Inc., which made the Fruta del Norte (FDN) gold discovery in 2006; FDN currently being mined by Lundin Gold Inc.  Economic Geologis

  26. Slide 26: Tsenken–Shimpia: Basin model

    Tsenken–Shimpia: Basin model Napo (shales and Mineralized fault breccia in hole SH-004 limestones) : seal (2.5m @ 9.98% Zn, 4.4g/t Ag) Reduced : Metal trap Hollin (porous sandstone and carbon Zn Pb rich beds) : trap Zn Cu Oil Oil Lava flow : source of metal Cu Oxidized : Metal mobile Cl- Cl- Cu Chap

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