Aurania Nickel Samples from Corsica Yield Precious Metals as Well as Cobalt and Copper
Toronto, Ontario--(Newsfile Corp. - November 11, 2024) - Aurania Resources Ltd. (TSXV: ARU) (OTCQB: AUIAF) (FSE: 20Q) ("Aurania" or the "Company") has received preliminary results from ongoing mineral processing, laboratory assay and metallurgical studies conducted by SGS Laboratories (Lakefield) Ltd. ("SGS") on a sample of magnetic sand taken from Nonza Beach, Corsica, under independent supervision by Mr. John Rae, P. Geo. of Ontario, Canada. The nickel-bearing mineral in the black magnetic sand is awaruite, a naturally occurring nickel-iron alloy,...
2024-11-11 6:55 AM EST
Aurania Receives Corsica Study from IHC Mining B.V. of Holland
Toronto, Ontario--(Newsfile Corp. - November 5, 2024) - Aurania Resources Ltd. (TSXV: ARU) (OTCQB: AUIAF) (FSE: 20Q) ("Aurania" or the "Company") reports that IHC Mining Advisory Services ("IMAS") of IHC Mining B.V. were commissioned by the Company to prepare a conceptual desktop study identifying a potential extraction and recovery methodology for the Albo-Nonza black beach sands in Corsica (see related press releases dated October 3, 2024 and November 4, 2024) followed by a potential processing solution for extraction of the heavy...
2024-11-05 6:45 AM EST
Aurania's Sampling of Sea Bottom Indicates Potential for Greater Extent of Nickel at Corsica
Toronto, Ontario--(Newsfile Corp. - November 4, 2024) - Aurania Resources Ltd. (TSXV: ARU) (OTCQB: AUIAF) (FSE: 20Q) ("Aurania" or the "Company") reports that further to its news release dated October 3, 2024, Jean-Paul Pallier, P. Geo., VP Exploration of Aurania, and Stefan Ansermet, Geological Consultant to Aurania, have completed first pass sea bottom sampling offshore of the Nonza and Albo Beaches, Cap Corse suggesting that the nickel potential is not confined to the beach alone, but extends significantly offshore ...
2024-11-04 7:00 AM EST
IP Survey Commences at Aurania's Kuri-Yawi Gold Target in Ecuador
Toronto, Ontario--(Newsfile Corp. - November 1, 2024) - Aurania Resources Ltd. (TSXV: ARU) (OTCQB: AUIAF) (FSE: 20Q) ("Aurania" or the "Company") announces the start of the induced polarization (IP) geophysical survey at its Kuri-Yawi project in southeastern Ecuador. The survey is being carried out by the geophysics company GexplOre, which has extensive experience developing this technique within the Amazon rainforest. The geophysicists have arrived in the field last week following the completion of the line-cutting preparation work.Kuri-Yawi is the most...
2024-11-01 7:00 AM EDT
Aurania Grants Stock Options
Toronto, Ontario--(Newsfile Corp. - October 30, 2024) - Aurania Resources Ltd. (TSXV: ARU) (OTCQB: AUIAF) (FSE: 20Q) ("Aurania" or the "Company") announces the grant of an aggregate of 415,000 stock options (the "Options") to certain officers and consultants of the Company pursuant to the terms and subject to the conditions of the Company's Stock Option Plan. The Options have an exercise price of C$0.70. 200,000 Options were granted to an officer of the Company and are exercisable for five...
2024-10-30 5:15 PM EDT
Aurania Discovers Nickel-rich Beach Placers in France and Signs Memoranda of Understanding
Toronto, Ontario--(Newsfile Corp. - October 3, 2024) - Aurania Resources Ltd. (TSXV: ARU) (OTCQB: AUIAF) (FSE: 20Q) ("Aurania" or the "Company"). Aurania has signed non-binding Memoranda of Understanding ("MOUs") with the Communes of Ogliastro and Nonza in Cap Corse, Northern Corsica, France, through Aurania's wholly-owned subsidiary Corsica Ressources S.A. for the exploitation of heavy mineral beach placers that are highly enriched in nickel (Ni) and other metals. Analysis by Activation Laboratories Ltd (Actlabs) of Ancaster, Ontario, of a...
2024-10-03 7:00 AM EDT
Aurania Provides Update on Activities and Grants Stock Options in Lieu of Fees to Directors
Toronto, Ontario--(Newsfile Corp. - September 30, 2024) - Aurania Resources Ltd. (TSXV: ARU) (OTCQB: AUIAF) (FSE: 20Q) ("Aurania" or the "Company") provides an update on the Company's activities and announces that its directors received their quarterly director fees in the form of stock options in lieu of cash for the period ended September 30th. EcuadorAt the Company's Kuri-Yawi gold target, preparation is underway for an induced polarization (IP) geophysical survey. The geophysical company has been selected and the survey...
2024-09-30 5:15 PM EDT
Aurania Announces Completion of the Sale of Its Peruvian Subsidiary to Palamina Corp
Toronto, Ontario--(Newsfile Corp. - September 23, 2024) - Aurania Resources Ltd. (TSXV: ARU) (OTCQB: AUIAF) (FSE: 20Q) ("Aurania" or the "Company") announces that Palamina Corp. (TSXV: PA) (OTCQB: PLMNF) has completed the acquisition of 100% of the shares of Aurania's Peruvian Subsidiary, Sociedad Minera Vicus Exploraciones S.A.C. ("Vicus"), as anticipated in the press release dated June 10, 2024.Aurania received 350,000 common shares of Palamina Corp. and was granted a 1% Net Smelter Return ("NSR") royalty as full payment for the...
2024-09-23 8:01 AM EDT
Aurania Confirms Terms of Previously Granted Stock Options
Toronto, Ontario--(Newsfile Corp. - July 16, 2024) - Aurania Resources Ltd. (TSXV: ARU) (OTCQB: AUIAF) (FSE: 20Q) ("Aurania" or the "Company") announces that further to its news releases dated March 28, 2024, and July 2, 2024, the Company wishes to clarify certain terms relating to the grant of options to directors in lieu of cash fees. Certain Directors (the "Optionees") of the Company have agreed to receive their quarterly director fees for 2024 in the form of stock options in...
2024-07-16 7:00 AM EDT
Aurania to Investigate Visible Gold Found at Crunchy Hill
Toronto, Ontario--(Newsfile Corp. - July 11, 2024) - Aurania Resources Ltd. (TSXV: ARU) (OTCQB: AUIAF) (FSE: 20Q) ("Aurania" or the "Company") announces that visible gold has been found in the area of the Company's Crunchy Hill target in southeastern Ecuador. The gold, as shown in figures 1 and 2 below, was found during basic prospecting by one of Aurania's reconnaissance exploration geologists. The source of this gold needs to be confirmed through further investigation including the completion of assays.The Crunchy...
2024-07-11 7:00 AM EDT
Aurania Grants Stock Options Including Options in Lieu of Fees to Directors
Toronto, Ontario--(Newsfile Corp. - July 2, 2024) - Aurania Resources Ltd. (TSXV: ARU) (OTCQB: AUIAF) (FSE: 20Q) ("Aurania" or the "Company") announces the grant of 2,154,000 stock options to directors, officers, employees and consultants pursuant to the terms and subject to the conditions of the Company's Incentive Stock Option Plan. As previously announced on March 28, 2024, the Directors of the Company agreed to receive their quarterly director fees for 2024 in the form of stock options in lieu of...
2024-07-02 7:30 AM EDT
Aurania Shareholders Approve All Resolutions at Annual Meeting
Toronto, Ontario--(Newsfile Corp. - June 14, 2024) - Aurania Resources Ltd. (TSXV: ARU) (OTCQB: AUIAF) (FSE: 20Q) ("Aurania" or the "Company") announces that its shareholders approved all resolutions at the Company's Annual and Special Meeting of Shareholders (the "Meeting") which was held on Thursday, June 13, 2024. The formal part of the Meeting was followed by an update from Aurania's President & CEO, Dr. Keith Barron. To access the replay of the Dr. Barron's update, click here.At the Meeting,...
2024-06-14 7:44 AM EDT
Palamina Corp. to Acquire Aurania's Subsidiary in Peru
Toronto, Ontario--(Newsfile Corp. - June 10, 2024) - Aurania Resources Ltd. (TSXV: ARU) (OTCQB: AUIAF) (FSE: 20Q) ("Aurania" or the "Company") announces that it has signed a share purchase agreement (the "Agreement") with Palamina Corp. ("Palamina") whereby Aurania has agreed to sell to Palamina 100% of the shares of Aurania's Peruvian wholly-owned subsidiary, Sociedad Minera Vicus Exploraciones S.A.C. ("Vicus"). Under the Agreement, Aurania will receive 350,000 common shares of Palamina and a 1% Net Smelter Return ("NSR") royalty over certain...
2024-06-10 7:59 AM EDT
Details of Annual & Special Meeting of Aurania Shareholders
Toronto, Ontario--(Newsfile Corp. - June 7, 2024) - Aurania Resources Ltd. (TSXV: ARU) (OTCQB: AUIAF) (FSE: 20Q) ("Aurania" or the "Company") announces that its Annual and Special Meeting of Shareholders (the "Meeting") will be held at 1:30pm EST on Thursday, June 13, 2024 at the Company's offices at 8 King Street East, Suite 1800, Toronto, ON M5C 1B5. Aurania's President & CEO, Dr. Keith Barron is planning to provide a brief update on activities and plans following the formal...
2024-06-07 7:30 AM EDT
Aurania Announces Closing of Private Placement
Toronto, Ontario--(Newsfile Corp. - May 31, 2024) - Aurania Resources Ltd. (TSXV: ARU) (OTCQB: AUIAF) (FSE: 20Q) ("Aurania" or the "Company") announces it has closed the third and final tranche ("Third Tranche") of its non-brokered private placement of up to 20,000,000 units ("Units") for aggregate gross proceeds of up to C$4,000,000 (the "Offering"). An aggregate of 18,716,112 Units have been sold under the Offering for total gross proceeds of C$3,743,222.40.An aggregate of 3,622,000 Units were sold under the Third Tranche...
2024-05-31 5:30 PM EDT
Aurania Announces Closing of Tranche 2 of Private Placement
Toronto, Ontario--(Newsfile Corp. - May 23, 2024) - Aurania Resources Ltd. (TSXV: ARU) (OTCQB: AUIAF) (FSE: 20Q) ("Aurania" or the "Company") announces it has closed the second tranche (the "Second Tranche") of its non-brokered private placement of up to 20,000,000 units ("Units") for aggregate gross proceeds of up to C$4,000,000, subject to the right of the Company to increase the size of the Initial Offering by up to 25% (the "Offering"). An aggregate of 4,219,752 Units were sold under the...
2024-05-23 5:15 PM EDT
Aurania Announces Closing of First Tranche of Private Placement and Closing of Debt Settlement
Toronto, Ontario--(Newsfile Corp. - May 9, 2024) - Aurania Resources Ltd. (TSXV: ARU) (OTCQB: AUIAF) (FSE: 20Q) ("Aurania" or the "Company") announces that, further to its news releases of April 17, 2024 and April 24, 2024, it has closed the first tranche (the "First Tranche") of its non-brokered private placement of up to 20,000,000 units ("Units") for aggregate gross proceeds of up to C$4,000,000, subject to the right of the Company to increase the size of the Initial Offering by...
2024-05-09 5:29 PM EDT
Aurania Announces Increase in Size of Debt Settlement to C$2.07 Million
Toronto, Ontario--(Newsfile Corp. - April 24, 2024) - Aurania Resources Ltd. (TSXV: ARU) (OTCQB: AUIAF) (FSE: 20Q) ("Aurania" or the "Company") announces that, further to its news release of April 17, 2024, it intends to increase the size of the debt settlement arrangement with Dr. Keith Barron, the CEO and a director of the Company, whereby Dr. Barron will convert up to C$2.0 million of the loans plus interest thereon of C$72,165, for an aggregate amount of C$2,072,165 owed to...
2024-04-24 5:30 PM EDT
Aurania Announces Exploration Plan and Non-Brokered Private Placement of up to C$4.0 Million
Toronto, Ontario--(Newsfile Corp. - April 17, 2024) - Aurania Resources Ltd. (TSXV: ARU) (OTCQB: AUIAF) (FSE: 20Q) ("Aurania" or the "Company") announces its 2024 exploration plan at its project in southeastern Ecuador. In conjunction with this, the Company intends to complete a non-brokered private placement financing of up to 20,000,000 units of the Company (the "Units") at a price of C$0.20 per Unit (the "Issue Price") for total gross proceeds to the Company of up to C$4,000,000 (the "Offering").Each Unit...
2024-04-17 6:45 AM EDT
Aurania Provides Update on Payment of Mineral Properties in Ecuador
Toronto, Ontario--(Newsfile Corp. - April 12, 2024) - Aurania Resources Ltd. (TSXV: ARU) (OTCQB: AUIAF) (FSE: 20Q) ("Aurania" or the "Company") reports an update regarding a request to enter into an agreement for payment of its annual mineral concession fees in Ecuador as announced on March 27, 2024.While this process is ongoing, the Company maintains its property in Ecuador in good standing and is able to further its exploration projects, dependent on funding availability. As previously reported, the Company filed...
2024-04-12 5:54 PM EDT