Mining Co. Kicks Off 2022 Strongly

Mining Co. Kicks Off 2022 Strongly

Aurania Resources Ltd. (ARU:TSX.V; AUIAF:OTCQB) kicked off the year by recommencing exploration activities at the Awacha target after signing an access agreement with the surrounding communities, reported Noble Capital Markets analyst Mark Reichman.

Work already completed there suggests Awacha may contain a three porphyry cluster.

At Tiria-Shimpia, the company is closing is on the high-grade zones. Aurania may drill more deeply to intersect higher grade zinc-silver shoots at depth.

Regarding Tsenken, results are expected soon of hole TSN1-009, which targeted copper-silver mineralization in evaporite mineral beds within sedimentary layers.

“Management is focused on identifying the sites where the metals would have accumulated, and progress has been made in identifying potential trap locations for drilling,” Reichman wrote.

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Disclosures for Noble Capital Markets Inc., Aurania Resources Ltd., Jan. 18, 2022

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ANALYST CREDENTIALS, PROFESSIONAL DESIGNATIONS, AND EXPERIENCE: Senior Equity Analyst focusing on Basic Materials & Mining. 20 years of experience in equity research. BA in Business Administration from Westminster College. MBA with a Finance concentration from the University of Missouri. MA in International Affairs from Washington University in St. Louis. Named WSJ ‘Best on the Street’ Analyst and Forbes/StarMine’s “Best Brokerage Analyst.” FINRA licenses 7, 24, 63, 87. Full Bio & Coverage List
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Ownership and Material Conflicts of Interest: Neither I nor anybody in my household has a financial interest in the securities of the subject company or any other company mentioned in this report. NOTE: On August 20, 2018, Noble Capital Markets, Inc. changed the terminology of its ratings (as shown above) from “Buy” to “Outperform”, from “Hold” to “Market Perform” and from “Sell” to “Underperform.” The percentage relationships, as compared to current price (definitions), have remained the same.

Mining Co. Kicks Off 2022 Strongly News

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