Aurania Resources: Evidence of Past Activity at Lost Cities Project
Field Evidence of Colonial Spanish Activity at its Lost Cities Project
Aurania is a junior mineral exploration company. They’re engaged in the identification, evaluation, acquisition and exploration of mineral property interests, with a focus on precious metals and copper. Further, its flagship asset is The Lost Cities – Cutucu Project. It’s located in the Jurassic Metallogenic Belt in the eastern foothills of the Andes mountain range of southeastern Ecuador. Markedly, it’s a very large land package at two thousand square kilometers.
“We’ve been chasing down a couple of lost settlements, mining gold back around 1600. We’ve got very, very good evidence now of one of them.”, says CEO & Chairman Keith Barron.
More on the Lost Cities
The Cordillera de Cutucu is contiguous with the Cordillera del Condor to the south. Together they form foothills on the Amazon-side of the Andes mountain chain. To explain, the cordilleras Cutucu and Condor are separated by the valley of the Santiago River. In fact, this is the only river which breaches the divide and flows to the east, into the Amazon River system. The two cordilleras are essentially one geological and geomorphic feature.
Moreover, the Cordillera de Cutucu forms part of the Northern Andean Jurassic Metallogenic Belt (“NAJMB”) that extends from 3° north in Colombia to 5° south in Ecuador and northern Peru. The Belt also contains clusters of porphyry copper, gold-copper skarn and epithermal gold deposits.
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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