Aurania Reports Initial Findings from IP Survey at Kuri-Yawi
TSX-V: ARU
NR 2025-04
AURANIA REPORTS INITIAL FINDINGS FROM IP SURVEY AT KURI-YAWI
Toronto, Ontario, February 20 , 2025 – Aurania Resources Ltd. (TSXV: ARU; OTCQB: AUIAF;
Frankfurt: 20Q) (“Aurania” or the “Company”) reports that the induced polarization (IP) geophysical
survey has provided invaluable information that will assist in defining the location of future drill holes at
the Kuri-Yawi gold target in Ecuador. Kuri-Yawi is a geochemical anomaly with enrichments in epithermal
pathfinder elements. In addition, large pieces of siliceous sinter in float were recovered from the grid
signifying the presence of an extinct geothermal system. The Fruta del Norte gold deposit some 100 km to
the south lies beneath a siliceous sinter unit.
The IP survey detected conductive and chargeability anomalies at the Kuri -Yawi epithermal gold target.
Chargeability (or induced polarization) is a measure of the ability of the rock to temporarily retain an
induced electrical charge, usually due to disseminated sulphides
Our geologists are now working to interpret the IP survey results in relation to and compared to existing
field data and data from the previous Mobile MagnetoTellurics (MobileMT) airborne survey to define
optimal drill hole positions. A start date for a proposed drill program at Kuri -Yawi has not yet been
determined.
The IP survey at Kuri-Yawi was conducted by GexplOre in late 2024 using the Fullwaver system (from Iris
Instruments). The Fullwaver is a distributed acquisition system with each system being fully independent
of the other. This drastically reduces the need for cables making it optimal for challenging terrain.
Two different methods were deployed during the geophysical survey:
Pseudo-3D profiling using 2D DC electrical methods in Pole -dipole configuration with
simultaneous measurement of apparent resistivity (ρa) and induced polarization (IP) along eleven
profiles, each of 2700 m length; and
3D DC electrical methods over a selected area with simultaneous measurement of apparent
resistivity (ρa) and induced polarization (IP) along two grids (0.6 km²).
The collected data was processed and inverted to generate a 3D model of the ground's resistivity and
chargeability.
Resistivity and Conductivity
The resistivity results highlight the different lithologic units with a conductive sedimentary unit to
the east and a resistive volcanic unit overlying another conductive unit at depth that could
correspond to an alternati on of black shale, limestone and volcanic tuff. These facies are known
further to the north and are suspected to be a good trap for gold mineralisation. The conductive unit
at surface may correspond to the tropically weathered clay level.
In the southeastern area , conductive vertical structures are locally present and remain relatively
consistently sub-perpendicular along the lines, forming a large vertical conductive corridor. The
direction of this corridor is similar to the direction of the chalcedony veins with high grade thallium
that was discovered while walking the cut lines on the survey grid.
Fig 1: Resistivity and conductivity image of the Kuri-Yawi target to the south (red is conductive and blue
is resistive).
Chargeability
The survey returned two main chargeability vertical structures:
One to the Northwest of the grid extending to a deeper more chargeable model (Fig 2).
The others to the south of the grid are associated with the corridor of vertical conductive anomalies
(see above). They extend to the depth of the inverted model as one (western area) or two vertical
structures (eastern area), forming a single large vertic al structure. In the eastern area, the unit is
separated into two main vertical structures of high chargeability (Fig 3). In contrast to western
anomalies (Fig 2), the maximum chargeability of these structures is observed along the edges of
the vertical conductive corridor.
Fig 2: Chargeability in the west area of the grid at Kuri -Yawi (red is high chargeability and blue is low
chargeability).
Fig 3: Chargeability in the west area of Kuri-Yawi (red is high chargeability and blue is low chargeability).
PDAC 2025
Aurania will be attending the Prospector’s and Developers International Convention (PDAC) being held
March 2nd – 5th, 2025 at the Metro Toronto Convention Centre (MTCC) in Toronto, Canada. Visit us at
booth 2948 in the Investors Exchange located in the MTCC South Building, Level 800. For more
information about PDAC and registration, please visit the PDAC website.
Aurania is hosting a meet-and-greet for its shareholders on Sunday, March 2nd from 5:00pm-8:00pm in
Salon 1, 19th Floor, at The Fairmont Royal York Hotel, 100 Front Street West, Toronto, Ontario.
Due to capacity limitations, we kindly ask that you confirm your attendance no later than 10am ET on
February 24th by RSVP to Carolyn: [email protected]
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
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 corporation’s portfolio, treasury, management
team and enhanced capital markets profile, the estimation of mineral resources, exploration, timing of the
commencement of operations, the Company’s teams being on track ahead of any drill program, 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: 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; 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 ar e
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 inten tion 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.