Large Target Zone Confirmed at Aurania's Awacha Porphyry Copper Target
Aurania Resources (OTCQB: AUIAF) has confirmed a significant hydrothermal alteration zone at its Awacha porphyry copper target in Ecuador through an Anaconda-style mapping program. The company identified a large zone measuring over 6 km by 4 km of hydrothermal alteration, with rock-chip sampling yielding up to 0.37% Cu, 0.20 g/t Au, and other promising mineral indicators.
Porphyry copper expert Dr. Steve Garwin has delineated a 2,200 m x 1,200 m high-priority target zone, supported by magnetic high anomalies and elevated MobileMT conductivity. The target shows characteristics typical of mineralized porphyry systems, including potassic alteration and potential sulphide mineralization. The mapping program covered 17 km² and analyzed over 2,200 outcrops.
Aurania Resources (OTCQB: AUIAF) ha confermato una significativa zona di alterazione idrotermale nel suo obiettivo di rame porfirico Awacha in Ecuador tramite un programma di mappatura in stile Anaconda. L'azienda ha individuato una vasta area di oltre 6 km per 4 km di alterazione idrotermale, con campionamenti di frammenti di roccia che hanno restituito fino a 0,37% Cu, 0,20 g/t Au e altri promettenti indicatori minerali.
L'esperto di rame porfirico, il dott. Steve Garwin, ha delineato una zona target ad alta priorità di 2.200 m x 1.200 m, supportata da anomalie magnetiche elevate e da una conduttività MobileMT aumentata. L'area target presenta caratteristiche tipiche dei sistemi porfirici mineralizzati, inclusa l'alterazione potassica e la potenziale mineralizzazione solfurea. Il programma di mappatura ha coperto 17 km² e analizzato oltre 2.200 affioramenti.
Aurania Resources (OTCQB: AUIAF) ha confirmado una importante zona de alteración hidrotermal en su objetivo de cobre porfídico Awacha en Ecuador mediante un programa de mapeo estilo Anaconda. La compañía identificó una gran zona de más de 6 km por 4 km de alteración hidrotermal, con muestreos de fragmentos de roca que arrojaron hasta 0,37% Cu, 0,20 g/t Au y otros indicadores minerales prometedores.
El experto en cobre porfídico, el Dr. Steve Garwin, ha delimitado una zona objetivo prioritaria de 2.200 m x 1.200 m, respaldada por anomalías magnéticas altas y una conductividad MobileMT elevada. El objetivo muestra características típicas de sistemas porfídicos mineralizados, incluida la alteración potásica y la posible mineralización de sulfuros. El programa de mapeo cubrió 17 km² y analizó más de 2.200 afloramientos.
Aurania Resources (OTCQB: AUIAF)는 에콰도르 Awacha 포타입 구리 목표 지역에서 Anaconda 스타일 매핑 프로그램을 통해 중요한 열수 변질대를 확인했습니다. 회사는 6km x 4km가 넘는 넓은 열수 변질대를 확인했으며, 암석 샘플링 결과 최대 0.37% 구리, 0.20 g/t 금과 기타 유망한 광물 지표를 얻었습니다.
포타입 구리 전문가인 Steve Garwin 박사는 2,200m x 1,200m의 고우선순위 목표 구역을 설정했으며, 이는 자기 이상 및 높은 MobileMT 전도도에 의해 뒷받침됩니다. 이 목표 구역은 칼륨 변질과 잠재적 황화광 광물화 등 광물화된 포타입 시스템의 전형적인 특성을 보여줍니다. 매핑 프로그램은 17 km²를 커버하며 2,200개 이상의 노두를 분석했습니다.
Aurania Resources (OTCQB : AUIAF) a confirmé une importante zone d'altération hydrothermale sur sa cible de cuivre porphyrique Awacha en Équateur grâce à un programme de cartographie de type Anaconda. La société a identifié une grande zone de plus de 6 km sur 4 km d'altération hydrothermale, avec des prélèvements de fragments rocheux donnant jusqu'à 0,37 % Cu, 0,20 g/t Au et d'autres indicateurs minéraux prometteurs.
L'expert en cuivre porphyrique, le Dr Steve Garwin, a délimité une zone cible prioritaire de 2 200 m x 1 200 m, soutenue par des anomalies magnétiques élevées et une conductivité MobileMT accrue. La cible présente des caractéristiques typiques des systèmes porphyriques minéralisés, notamment une altération potassique et une minéralisation sulfureuse potentielle. Le programme de cartographie a couvert 17 km² et analysé plus de 2 200 affleurements.
Aurania Resources (OTCQB: AUIAF) hat durch ein Anaconda-ähnliches Kartierungsprogramm eine bedeutende hydrothermale Alterationszone an seinem Porphyr-Kupferziel Awacha in Ecuador bestätigt. Das Unternehmen identifizierte eine große Zone von über 6 km mal 4 km mit hydrothermaler Alteration, wobei Gesteinsproben bis zu 0,37% Cu, 0,20 g/t Au und weitere vielversprechende Mineralindikatoren ergaben.
Der Porphyr-Kupfer-Experte Dr. Steve Garwin hat eine 2.200 m x 1.200 m große Hochprioritätszielzone abgegrenzt, unterstützt durch magnetische Hochanomalien und erhöhte MobileMT-Leitfähigkeit. Das Ziel zeigt typische Merkmale mineralisierter Porphyrsysteme, einschließlich potassischer Alteration und potenzieller Sulfidmineralisierung. Das Kartierungsprogramm erstreckte sich über 17 km² und analysierte über 2.200 Aufschlüsse.
- Discovery of large hydrothermal alteration zone (>6 km by 4 km) indicating potential copper mineralization
- Rock-chip sampling revealed promising mineral content with up to 0.37% Cu and 0.20 g/t Au
- Magnetic and MobileMT data confirm subsurface anomalies consistent with porphyry deposits
- Validation from renowned porphyry expert Dr. Steve Garwin strengthens project credibility
- Target mineralization is approximately 200m below surface, requiring significant drilling for access
- Additional field work and drilling program still needed to confirm economic viability
Toronto, Ontario--(Newsfile Corp. - July 30, 2025) - Aurania Resources Ltd. (TSXV: ARU) (OTCQB: AUIAF) (FSE: 20Q) ("Aurania" or the "Company") announces that a large zone of hydrothermal alteration has been revealed following data review and interpretation from the Anaconda-style mapping program completed at the Company's Awacha project in Ecuador in 2024. The Anaconda method is characterized by a systematic and detailed approach to recording geological data that has facilitated the discovery of several deposits, including the giant Alpala porphyry Cu-Au-Ag deposit in northern Ecuador and the Cortadera porphyry Cu-Au-Mo deposit cluster in northern Chile. Significantly, the zone of interest at the Awacha porphyry copper target area is spatially coincident with both a magnetic high anomaly and an area of elevated Mobile MagnetoTellurics (MobileMT) conductivity, warranting additional field work to refine drill hole locations for a future anticipated drill program.
Interpretation of the data was finalized in early June, and the Company engaged porphyry copper expert Dr. Steve Garwin (see press release dated June 27, 2025) to review the Anaconda-style mapping data and identify the most promising porphyry targets in the Awacha area. Dr. Garwin is credited as being instrumental in the discovery of several major ore deposits, including the Alpala porphyry copper-gold deposit at the Cascabel project in Ecuador. Dr Garwin has recommended evaluating the defined target through detailed 1:1,000- to 1:2,000-scale Anaconda-style mapping with the objective of establishing drill pad locations. He also advised extending field prospecting and soil sampling coverage to the west, over MobileMT anomalies 1 and 2 (see press release dated June 27, 2025).
Dr. Garwin confirmed that the Anaconda method has revealed a large zone (>6 km by 4 km) of hydrothermal alteration affecting Mesozoic hornblende-bearing intrusions hosted by Jurassic siliciclastic rocks (Santiago Formation). This alteration is characterized by an early-stage propylitic assemblage (chlorite + epidote), with localized zones of potassic (biotite) alteration, followed by a late-stage phyllic (quartz-sericite-pyrite), argillic (kaolinite-illite/smectite), and advanced argillic (dickite-pyrophyllite) alteration. A central argillic zone measuring approximately 2 km (north-south) by 1 km (east-west) is flanked by phyllic and localized advanced argillic zones (see Figure 1).
Rock-chip sampling has yielded up to
Based on these observations, Dr. Garwin has delineated a 2,200 m x 1,200 m target zone, supported by a magnetic high anomaly and an area of elevated MobileMT conductivity (see Figures 2 and 3). Magnetic high anomalies can indicate zones of potassic alteration with abundant magnetite in the subsurface, which are closely associated with the core of mineralized porphyry systems. In proximity to the core, high conductivity anomalies can indicate the presence of electrically conductive sulphide minerals such as pyrite and the primary minerals of economic interest in porphyry copper deposits: chalcopyrite and bornite. Significantly, the subsurface magnetic and MobileMT highs are spatially coincident with high chalcopyrite/pyrite zones delineated in the surface mapping.
Figure 1: Main Anaconda method mapping results at the Awacha target area (high-priority target zone outlined in red) with select interpreted MobileMT anomalies (magenta outlines). Cp = chalcopyrite; Py = pyrite.
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https://images.newsfilecorp.com/files/2477/260603_2235c429f436e988_001full.jpg
Figure 2: Left image, MobileMT depth slice at 700 m above sea level showing the position of the Awacha target area (red outline) over the MobileMT anomaly 6 (red colour is high conductivity and blue colour is high resistivity). Right image, RTP magnetic airborne showing the position of the target area over the major magnetic anomaly.
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https://images.newsfilecorp.com/files/2477/260603_2235c429f436e988_002full.jpg
Figure 3: East-west cross section of the MobileMT 2.5D inversion at the Awacha target area (red outline in Figure 2 above Anomaly 6), looking north. The top of Anomaly 6 is approximately 200m below the surface.
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https://images.newsfilecorp.com/files/2477/260603_2235c429f436e988_003full.jpg
The Anaconda-style mapping was completed over a 17 km² area at the Awacha target. A total of more than 2,200 outcrops were studied and described by field geologists and subsequently compiled into a database.
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 tonnage and grade of mineralization which has the potential for economic extraction and processing, the merits and effectiveness of known process and recovery methods, 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 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: failure to identify mineral resources; failure to convert estimated mineral resources to reserves; the inability to complete a feasibility study which recommends a production decision; the preliminary nature of metallurgical test results; the inability to recover and process mineralization using known mining methods; the presence of deleterious mineralization or the inability to process mineralization in an environmentally acceptable manner; 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; an inability to fund or extend the payment of Ecuador mineral concession fees which are due and payable and could result in the forfeiture of such mineral concessions; an inability to fund the administrative fees imposed by the Ecuadorian Control and Regulation Agency (ARCOM for its Spanish acronym) on the mining sector which could render the Company insolvent; 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/260603
FAQ
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