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ARU.V ·

Aurania Resources Ltd. Releases Second Video IN Its Documentary Series “IN Search of the Lost Cities” & Signs Geophysical Survey Contract

Exploration Programs Marketing Announcement

TSX-V: ARU

NR 2017-08

AURANIA RESOURCES LTD. RELEASES SECOND VIDEO IN ITS DOCUMENTARY SERIES

“IN SEARCH OF THE LOST CITIES” & SIGNS GEOPHYSICAL SURVEY CONTRACT

Toronto, Ontario , June 1 5, 2017 – Aurania Resources Ltd. (TSXV: ARU) (“Aurania” or the

“Company”) is pleased to announce the release of “ Maps and Documents ” the second episode in the

documentary series “In Search of The Lost Cities.”

The first episode in the series focused on th e gathering of the historical data that underscores the

significance of Logro ño de Los Caballeros and Sevilla de Oro as centres that produced gold for the

Spanish empire in the 1500’s. The second episode is now available on Aurania’s website at:

http://www.aurania.com/in-search-of-the-lost-cities/episode-2-maps-and-documents/

Yesterday the Company signed a contract for an airborne geophysics program to be undertaken over the

2,080 square kilometre The Lost Cities – Cutucu Project. The heliborne survey will measure magnetic

and radiometric data that have proved to be very effective in identifying porphyry centres in the

Cordillera del Condor that lies a long trend immediately adjacent to The Lost Cities – Cutucu Project.

Many of the porphyry centres in the Cordillera del Condor are mineralized, and mine construction has

started on two of these copper-gold deposits.

About Aurania

Aurania Resources Ltd. (TSXV: ARU) is a junior exploration mining company engaged in the

identification, evaluation, acquisition and exploration of mineral property interests, with a focus on

precious metals. Its flagship asset, the Lost Cities – Cutucu Project, is located in the Jurassic Metallogenic

Belt in the eastern foothills of the Andes mountain range, in southeastern Ecuador.

Information on Aurania and technical reports are available at www. aurania.com and on SEDAR at

www.sedar.com, as well as on Facebook at https://www.facebook.com/auranialtd/, Twitter at

https://twitter.com/auranialtd, and LinkedIn at https://www.linkedin.com/company/aurania-resources-ltd-.

For further information, please contact:

Dr. Richard Spencer

President

Aurania Resources Ltd.

(416) 367-3200

[email protected]

Donna McLean

Chief Financial Officer

Aurania Resources Ltd.

(416) 417-8349

[email protected]

Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the

TSXV) accepts responsibility for the adequacy or accuracy of this release.

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Forward-Looking Statements

This news release contains forward -looking information that involves substantial known and unknown

risks and uncertainties, most of which are beyond the control of Aurania. Forward-looking statements

include estimates and statements that describe Aurania’s future plans, objectives or goals, including

words to the effect that Aurania or its management expects a stated condition or result to occur. Forward -

looking statements may be identified by such terms as “believes”, “anticipates”, “expects”, “estimates”,

“may”, “could”, “would”, “will”, or “plan”. Sinc e forward-looking statements are based on assumptions

and address future events and conditions, by their very nature they involve inherent risks and

uncertainties. Although these statements are based on information currently available to Aurania, Aurania

provides no assurance that actual results will meet management’s expectations. Risks, uncertainties and

other factors involved with forward -looking information could cause actual events, results, performance,

prospects and opportunities to differ materially from those expressed or implied by such forward -looking

information. Forward looking information in this news release includes, but is not limited to, Aurania’s

company’s objectives, goals or future plans, statements, exploration results, potential minera lization, the

corporation’s portfolio, treasury, management team and enhanced capital markets profile, the estimation

of mineral resources, exploration and mine development plans, timing of the commencement of

operations and estimates of market conditions. Factors that could cause actual results to differ materially

from such forward -looking information include, but are not limited to, failure to identify mineral

resources, failure to convert estimated mineral resources to reserves, the inability to complete a feasibility

study which recommends a production decision, the preliminary nature of metallurgical test results,

delays in obtaining or failures to obtain required governmental, regulatory, environmental or other project

approvals, political risks, inab ility to fulfill the duty to accommodate First Nations and other indigenous

peoples, uncertainties relating to the availability and costs of financing needed in the future, changes in

equity markets, inflation, changes in exchange rates, fluctuations in co mmodity prices, delays in the

development of projects, capital and operating costs varying significantly from estimates and the other

risks involved in the mineral exploration and development industry, and those risks set out in Aurania’s

public documents filed on SEDAR. Although Aurania believes that the assumptions and factors used in

preparing the forward-looking information in this news release are 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. Aurania disclaims any

intention 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.