Gold targets found at the Lost Cities Project in Ecuador
Aurania Resources, a junior mineral exploration company, is engaged in the identification, evaluation, acquisition and exploration of mineral property interests, with a focus on precious metals and copper. Its flagship asset is the Lost Cities – Cutucu Project. It is located in the Jurassic Metallogenic Belt in the eastern foothills of the Andes mountain range of southeastern Ecuador.
The Lost Cities is a carefully designed and considered exploration project more than a dozen years in the making. Moreover, it is perhaps the only project that has ever brought together professional historical archival research with modern geological, geochemical and geophysical exploration techniques in a geographical area of high discovery potential.
Further, Aurania has found more than 20 gold targets as well as many copper porphyry targets. “I have never come across a junior company with this many targets ever in the history of the industry.”, says CEO & Chairman Keith Barron.
Lost Cities Project
The Lost City Project is found in the SE part of the Republic of Ecuador, in the Province of Morona-Santiago. It consists of circa 208,000 hectares in 42 concessions occupying the central part of the Cordillera de Cutucu. Furthermore, the concessions extend approximately 95 km along the Cordillera.
The Cordillera de Cutucu forms part of the Northern Andean Jurassic Metallogenic Belt (“NAJMB”). This belt extends from 3° north in Colombia to 5° south in Ecuador and northern Peru. In fact, the Belt contains clusters of porphyry copper, gold-copper skarn and epithermal gold deposits.
Additionally, modern exploration only started in the Ecuadorian segment of the NAJMB in the mid-1990s, focused on the Cordillera del Condor, and resulted in the delineation of 19 million ounces (“Moz”) of gold, 61Moz of silver and 9 million pounds (“Mlbs”) of copper in measured and indicated resources, with an additional 7Moz, 30Moz and 22Blbs, respectively, in inferred resources.
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