Aurania Reports Initial Findings From IP Survey at Kuri-Yawi
Aurania Resources (OTCQB: AUIAF) has reported significant findings from its induced polarization (IP) geophysical survey at the Kuri-Yawi gold target in Ecuador. The survey, conducted by GexplOre in late 2024, revealed important conductive and chargeability anomalies that will help determine future drill hole locations.
The survey detected a conductive sedimentary unit to the east and a resistive volcanic unit overlying another conductive unit at depth. In the southeastern area, vertical conductive structures form a large corridor aligned with previously discovered high-grade thallium chalcedony veins. Two main chargeability vertical structures were identified: one in the Northwest extending to a deeper model, and others in the south associated with vertical conductive anomalies.
Notably, large pieces of siliceous sinter were found in the grid, indicating an extinct geothermal system. This is particularly significant as the Fruta del Norte gold deposit, located 100 km south, lies beneath a similar siliceous sinter unit.
Aurania Resources (OTCQB: AUIAF) ha riportato risultati significativi dal suo sondaggio geofisico di polarizzazione indotta (IP) presso il target aurifero Kuri-Yawi in Ecuador. Il sondaggio, condotto da GexplOre alla fine del 2024, ha rivelato importanti anomalie di conducibilità e di carica che aiuteranno a determinare le future posizioni dei fori di perforazione.
Il sondaggio ha rilevato un'unità sedimentaria conduttiva a est e un'unità vulcanica resistiva che sovrasta un'altra unità conduttiva in profondità. Nella zona sud-est, strutture conduttive verticali formano un ampio corridoio allineato con vene di calcedonio al tallio ad alto grado precedentemente scoperte. Sono state identificate due principali strutture verticali di carica: una a nord-ovest che si estende verso un modello più profondo e altre a sud associate ad anomalie conduttive verticali.
È degno di nota che sono stati trovati grandi pezzi di sinter siliceo nella griglia, indicando un sistema geotermico estinto. Questo è particolarmente significativo poiché il giacimento aurifero Fruta del Norte, situato a 100 km a sud, si trova al di sotto di una simile unità di sinter siliceo.
Aurania Resources (OTCQB: AUIAF) ha informado sobre hallazgos significativos de su encuesta geofísica de polarización inducida (IP) en el objetivo de oro Kuri-Yawi en Ecuador. La encuesta, realizada por GexplOre a finales de 2024, reveló importantes anomalías de conductividad y carga que ayudarán a determinar las ubicaciones futuras de los pozos de perforación.
La encuesta detectó una unidad sedimentaria conductiva al este y una unidad volcánica resistiva que cubre otra unidad conductiva a profundidad. En la zona sureste, estructuras conductivas verticales forman un gran corredor alineado con venas de calcedonia de talio de alta ley previamente descubiertas. Se identificaron dos estructuras verticales de carga principales: una en el noroeste que se extiende hacia un modelo más profundo, y otras en el sur asociadas con anomalías conductivas verticales.
Es notable que se encontraron grandes piezas de sinter silíceo en la cuadrícula, lo que indica un sistema geotérmico extinto. Esto es particularmente significativo ya que el depósito de oro Fruta del Norte, ubicado a 100 km al sur, se encuentra debajo de una unidad similar de sinter silíceo.
아우라니아 리소스 (OTCQB: AUIAF)는 에콰도르의 쿠리-야위 금 목표에서 실시한 유도 전기 탐사(IP) 조사 결과를 보고했습니다. 2024년 말 GexplOre가 수행한 이 조사에서 중요한 전도 및 전하 특이점이 발견되어 향후 시추 구멍 위치를 결정하는 데 도움이 될 것입니다.
조사는 동쪽에 전도성 퇴적 단위가 있고, 깊이에는 또 다른 전도성 단위를 덮고 있는 저항성 화산 단위가 있음을 감지했습니다. 남동부 지역에서는 수직 전도 구조가 이전에 발견된 고품질 탈륨 칼세돈니 광맥과 일치하는 큰 복도를 형성합니다. 두 개의 주요 전하 수직 구조가 확인되었습니다: 하나는 북서쪽에서 더 깊은 모델로 확장되고, 다른 하나는 남쪽에서 수직 전도 특이점과 관련되어 있습니다.
특히, 그리드에서 큰 실리카 신터 조각이 발견되어 멸종된 지열 시스템을 나타냅니다. 이는 100km 남쪽에 위치한 프루타 델 노르테 금 매장지가 유사한 실리카 신터 단위 아래에 있다는 점에서 특히 중요합니다.
Aurania Resources (OTCQB: AUIAF) a rapporté des résultats significatifs de son enquête géophysique de polarisation induite (IP) sur le cible aurifère Kuri-Yawi en Équateur. L'enquête, réalisée par GexplOre fin 2024, a révélé d'importantes anomalies de conductivité et de charge qui aideront à déterminer les futures emplacements de forage.
L'enquête a détecté une unité sédimentaire conductrice à l'est et une unité volcanique résistante recouvrant une autre unité conductrice en profondeur. Dans la zone sud-est, des structures conductrices verticales forment un grand couloir aligné avec des veines de chalcedoine de thallium de haute qualité précédemment découvertes. Deux principales structures verticales de charge ont été identifiées : l'une au nord-ouest s'étendant vers un modèle plus profond, et d'autres au sud associées à des anomalies conductrices verticales.
Il est à noter que de grands morceaux de sinter siliceux ont été trouvés dans la grille, indiquant un système géothermique éteint. Cela est particulièrement significatif car le gisement d'or de Fruta del Norte, situé à 100 km au sud, se trouve sous une unité de sinter siliceux similaire.
Aurania Resources (OTCQB: AUIAF) hat bedeutende Ergebnisse aus seiner geophysikalischen Untersuchung zur induzierten Polarisation (IP) am Goldziel Kuri-Yawi in Ecuador berichtet. Die Untersuchung, die Ende 2024 von GexplOre durchgeführt wurde, offenbarte wichtige Leitfähigkeits- und Ladungsanomalien, die helfen werden, zukünftige Bohrlochstandorte zu bestimmen.
Die Untersuchung erfasste eine leitfähige sedimentäre Einheit im Osten und eine widerstandsfähige vulkanische Einheit, die eine weitere leitfähige Einheit in der Tiefe überlagert. Im südöstlichen Bereich bilden vertikale leitfähige Strukturen einen großen Korridor, der mit zuvor entdeckten hochgradigen Thallium-Chalcedon-Venen ausgerichtet ist. Es wurden zwei Hauptstrukturen mit vertikaler Ladung identifiziert: eine im Nordwesten, die sich in ein tieferes Modell erstreckt, und andere im Süden, die mit vertikalen Leitfähigkeitsanomalien verbunden sind.
Bemerkenswert ist, dass große Stücke von kieselsäurehaltigem Sinter im Raster gefunden wurden, was auf ein erloschenes geothermisches System hinweist. Dies ist besonders bedeutend, da sich das Goldvorkommen Fruta del Norte, das 100 km südlich liegt, unter einer ähnlichen kieselsäurehaltigen Sintern-Einheit befindet.
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Toronto, Ontario--(Newsfile Corp. - February 20, 2025) - Aurania Resources Ltd. (TSXV: ARU) (OTCQB: AUIAF) (FSE: 20Q) ("Aurania" or the "Company") reports that the induced polarization (IP) geophysical survey has provided invaluable information that will assist in defining the location of future drill holes at the Kuri-Yawi gold target in Ecuador. Kuri-Yawi is a geochemical anomaly with enrichments in epithermal pathfinder elements. In addition, large pieces of siliceous sinter in float were recovered from the grid signifying the presence of an extinct geothermal system. The Fruta del Norte gold deposit some 100 km to the south lies beneath a siliceous sinter unit.
The IP survey detected conductive and chargeability anomalies at the Kuri-Yawi epithermal gold target. Chargeability (or induced polarization) is a measure of the ability of the rock to temporarily retain an induced electrical charge, usually due to disseminated sulphides
Our geologists are now working to interpret the IP survey results in relation to and compared to existing field data and data from the previous Mobile MagnetoTellurics (MobileMT) airborne survey to define optimal drill hole positions. A start date for a proposed drill program at Kuri-Yawi has not yet been determined.
The IP survey at Kuri-Yawi was conducted by GexplOre in late 2024 using the Fullwaver system (from Iris Instruments). The Fullwaver is a distributed acquisition system with each system being fully independent of the other. This drastically reduces the need for cables making it optimal for challenging terrain.
Two different methods were deployed during the geophysical survey:
- Pseudo-3D profiling using 2D DC electrical methods in Pole-dipole configuration with simultaneous measurement of apparent resistivity (ρa) and induced polarization (IP) along eleven profiles, each of 2700 m length; and
- 3D DC electrical methods over a selected area with simultaneous measurement of apparent resistivity (ρa) and induced polarization (IP) along two grids (0.6 km²).
The collected data was processed and inverted to generate a 3D model of the ground's resistivity and chargeability.
Resistivity and Conductivity
- The resistivity results highlight the different lithologic units with a conductive sedimentary unit to the east and a resistive volcanic unit overlying another conductive unit at depth that could correspond to an alternation of black shale, limestone and volcanic tuff. These facies are known further to the north and are suspected to be a good trap for gold mineralisation. The conductive unit at surface may correspond to the tropically weathered clay level.
- In the southeastern area, conductive vertical structures are locally present and remain relatively consistently sub-perpendicular along the lines, forming a large vertical conductive corridor. The direction of this corridor is similar to the direction of the chalcedony veins with high grade thallium that was discovered while walking the cut lines on the survey grid.
Fig 1: Resistivity and conductivity image of the Kuri-Yawi target to the south (red is conductive and blue is resistive).
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/2477/241623_d76b98eaa4dc1bb5_001full.jpg
Chargeability
The survey returned two main chargeability vertical structures:
- One to the Northwest of the grid extending to a deeper more chargeable model (Fig 2).
- The others to the south of the grid are associated with the corridor of vertical conductive anomalies (see above). They extend to the depth of the inverted model as one (western area) or two vertical structures (eastern area), forming a single large vertical structure. In the eastern area, the unit is separated into two main vertical structures of high chargeability (Fig 3). In contrast to western anomalies (Fig 2), the maximum chargeability of these structures is observed along the edges of the vertical conductive corridor.
Fig 2: Chargeability in the west area of the grid at Kuri-Yawi (red is high chargeability and blue is low chargeability).
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/2477/241623_d76b98eaa4dc1bb5_002full.jpg
Fig 3: Chargeability in the west area of Kuri-Yawi (red is high chargeability and blue is low chargeability).
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/2477/241623_d76b98eaa4dc1bb5_003full.jpg
PDAC 2025
Aurania will be attending the Prospector's and Developers International Convention (PDAC) being held March 2nd - 5th, 2025 at the Metro Toronto Convention Centre (MTCC) in Toronto, Canada. Visit us at booth 2948 in the Investors Exchange located in the MTCC South Building, Level 800. For more information about PDAC and registration, please visit the PDAC website.
Aurania is hosting a meet-and-greet for its shareholders on Sunday, March 2nd from 5:00pm-8:00pm in Salon 1, 19th Floor, at The Fairmont Royal York Hotel, 100 Front Street West, Toronto, Ontario.
Due to capacity limitations, we kindly ask that you confirm your attendance no later than 10am ET on February 24th by RSVP to Carolyn: Carolyn.muir@aurania.com
Qualified Persons:
The geological information contained in this news release has been verified and approved by Aurania's VP Exploration, Mr. Jean-Paul Pallier, MSc. Mr. Pallier is a designated EurGeol by the European Federation of Geologists and a Qualified Person as defined by National Instrument 43-101, Standards of Disclosure for Mineral Projects of the Canadian Securities Administrators.
About Aurania
Aurania is a mineral exploration company engaged in the identification, evaluation, acquisition and exploration of mineral property interests, with a focus on precious metals and copper in South America. Its flagship asset, The Lost Cities - Cutucu Project, is located in the Jurassic Metallogenic Belt in the eastern foothills of the Andes mountain range of southeastern Ecuador.
Information on Aurania and technical reports are available at www.aurania.com and www.sedarplus.ca, as well as on Facebook at https://www.facebook.com/auranialtd/, X (formerly Twitter) at https://x.com/AuraniaLtd, and LinkedIn at https://www.linkedin.com/company/aurania-resources-ltd-.
For further information, please contact:
Carolyn Muir
VP Corporate Development & Investor Relations
Aurania Resources Ltd.
(416) 367-3200
carolyn.muir@aurania.com
Neither the TSX-V nor its Regulation Services Provider (as that term is defined in the policies of the TSX-V) accepts responsibility for the adequacy or accuracy of this release.
Forward-Looking Statements
This news release contains forward-looking information as such term is defined in applicable securities laws, which relate to future events or future performance and reflect management's current expectations and assumptions. The forward-looking information includes Aurania's objectives, goals or future plans, statements, exploration results, potential mineralization, the corporation's portfolio, treasury, management team and enhanced capital markets profile, the estimation of mineral resources, exploration, timing of the commencement of operations, the Company's teams being on track ahead of any drill program, the commencement of any drill program and estimates of market conditions. Such forward-looking statements reflect management's current beliefs and are based on assumptions made by and information currently available to Aurania, including the assumption that, there will be no material adverse change in metal prices, all necessary consents, licenses, permits and approvals will be obtained, including various local government licenses and the market. Investors are cautioned that these forward-looking statements are neither promises nor guarantees and are subject to risks and uncertainties that may cause future results to differ materially from those expected. Risk factors that could cause actual results to differ materially from the results expressed or implied by the forward-looking information include, among other things: commodity prices, supply chain disruptions, restrictions on labour and workplace attendance and local and international travel; a failure to obtain or delays in obtaining the required regulatory licenses, permits, approvals and consents; an inability to access financing as needed; a general economic downturn, a volatile stock price, labour strikes, political unrest, changes in the mining regulatory regime governing Aurania; a failure to comply with environmental regulations; a weakening of market and industry reliance on precious metals and base metals; and those risks set out in the Company's public documents filed on SEDAR+. Aurania cautions the reader that the above list of risk factors is not exhaustive. Although the Company believes that the assumptions and factors used in preparing the forward-looking information in this news release are reasonable, undue reliance should not be placed on such information, which only applies as of the date of this news release, and no assurance can be given that such events will occur in the disclosed time frames or at all. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, other than as required by law.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/241623
FAQ
What did Aurania's IP survey reveal at the Kuri-Yawi gold target in February 2025?
How does the siliceous sinter discovery at AUIAF's Kuri-Yawi target relate to Fruta del Norte?
What geophysical survey methods did AUIAF use at Kuri-Yawi in late 2024?
What are the main chargeability structures identified in AUIAF's Kuri-Yawi survey?
