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Aurania Resources Ltd.
Summary
| Project: | Lost Cities - Cutucu | |
|---|---|---|
| Deposit: | Lost Cities - Cutucu | |
| Location: | Ecuador | |
| Commodities: | Gold-Silver | |
| Date: | 2/7/2020 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 7-2-2020: Aurania Resources Ltd. announces an Exploration/Drilling Update report for its Lost Cities - Cutucu deposit at the Lost Cities - Cutucu project. Technical summary of project. This Technical Report (“Report”) has been prepared in accordance wit | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Robert H. Page (Watts, Griffis & McOuat Ltd.) | |
| ABSTRACT: | This Technical Report (“Report”) has been prepared in accordance with the guidelines of National Instrument 43-101 (“NI 43-101”) by Watts, Griffis and McOuat Limited ("WGM") Senior Associate Geologist, Robert Page, Ph.D., P.Geo. Site visits were carried out by Mr. Page and WGM Associate Geologist, Robert Phillips. Mr. Page is a Qualified Person and a member of the Professional Geoscientists of Ontario ("PGO"). Mr. Phillips is not a Qualified Person and the site visit he carried out in Ecuador was done under the guidance of Mr. Page. Both are associates of Watts, Griffis and McOuat Limited. This Technical Report provides an update on exploration carried out for Aurania Resources Ltd. (“Aurania”), through its wholly owned Ecuadorian subsidiary, EcuaSolidus S.A. (“EcuaSolidus”), between April 2017, when the initial NI 43-101 Technical Report by Karl John Roa was prepared (Roa, 2017). The Effective Date of this Report is December 21, 2019 (the “Effective Date”). During the last week of August 2019, Mr. Page spent 3.5 days at Aurania’s Macas field office, and half a day in Quito meeting with Aurania’s legal counsel and delivering check samples to the Bureau Veritas sample preparation facility. Mr. Phillips spent 4 days reviewing the Project at Aurania’s Macas field office, 7 days in the field visiting 12 target areas, and a half day in Quito delivering check samples to the Bureau Veritas sample preparation facility. Owing to the large geographic scale of the project, and limited vehicular access to all but the western and southern margins of the Project, Mr. Page was only able to visit a single target area, Crunchy Hill, where Aurania had recently completed its initial drill program. Mr. Phillips, on his trip, was able to carry out site visits to the Awacha and Tsenken target areas. Neither Mr. Page nor Phillips were able to visit most of the target areas covered by this Report. Much of Section 9.5 is based on personal communications with Aurania geologists and consultants. | |
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