Aurania Secures New Exploration Licenses IN Brittany, France
TSX-V: ARU
NR 2025-31
AURANIA SECURES NEW EXPLORATION LICENSES IN BRITTANY, FRANCE
Toronto, Ontario, December 10, 2025 – Aurania Resources Ltd. (TSXV: ARU; OTCQB: AUIAF;
Frankfurt: 20Q) (“Aurania” or the “Company”) is pleased to announce it has been granted three new
exploration licenses for polymetallic metals including gold, in the Brittany Peninsula of northwestern
France through a wholly-owned French subsidiary of the Company.
President and CEO, Dr. Keith Barron commented, “ The French government's decision to grant us these
permits is an excellent opportunity for Brittany and the Pays de la Loire to gain a deeper understanding of
their subsurface resources and for France to find ne w sources of metals to secure the country’s supplies
through exploration to be conducted by Company. It also marks a new opportunity for Aurania in a
jurisdiction where institutional stability and high -quality infrastructure make exploration safe and more
efficient than other areas in the world . The initial mining inventory studies conduc ted by the French
Geological Survey (BRGM) confirmed the presence of gold associated with strategic metals over more than
150 km along the shear zone, and in some cases at exceptional grades. This demonstrates the strength of
the hydrothermal activity that occurred in the region.”
Aurania announced the filing of an exploration permit named Epona back in 2023 (see press release dated
July 24, 2023). Subsequently, in October 2023, the Company submitted two additional applications, Taranis
and Bélénos, covering areas of 359.5 km² and 440.9 km² respectively. These areas are located in southern
Brittany and northern Pays de la Loire in France (see map in Figure 1 below).
Since antiquity, Brittany has been an important producer of metals in Europe — supplying tin and gold to
the Roman Empire, then base metals and silver during the Middle Ages, and later tin , antimony, and
uranium during the Industrial Revolution. Despite this long history, no exploration has been conducted in
the region since the 1980s, leaving its significant potential largely unexplored. With more than four decades
of advances in exploration technologies, the application of moder n exploration techniques potentially
positions the Brittany Peninsula as a highly prospective area that can be considered a greenfield district.
The purpose of these permits is to explore the South Armorican Shear Zone, a major crustal fault where
mineralization of antimony, tungsten, tin, zinc, and copper — accompanied by gold — and other metals
have been deposited as indicated by the BRGM.
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Figure 1: Location of Aurania’s permits in France.
Potential for polymetallic strategic metals
With geology comparable to the Iberian Peninsula, the Bohemian Massif, Newfoundland and other
Variscan terranes, the Armorican Massif stands out as a possible candidate to help meet Europe’s growing
demand for strategic metals in a market environment largely dominated by China. T he European Union
launched the European Critical Raw Materials Act, a plan that aims to secure 10% of its metal supply from
within Europe by 2030. S upport for the mining industry was first expressed by the French government in
2022 after receiving the Varin Report and was later reinforced through the launch of a new national mineral
inventory1. The areas selected by Aurania align with this plan, and show strong potential for strategic metals
such as antimony, tungsten, and tin, as well as zinc and silver, with by-products of indium (see Figure 2).1
1 In September 2023, President Emmanuel Macron announced the launch of a major update to France’s national
mineral inventory, known as the Inventaire des Ressources Minérales (IRM). This initiative was designed to identify
subsurface areas with potential mineral resources, reduce import dependence, and support re-industrialization efforts.
The inventory is being led by the French Geological Survey (BRGM) and aligns with the EU’s Critical Raw Materials
Act. https://www.brgm.fr/en/news/feature-article/mineral-resources-inventory-answers-questions-faq
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Figure 2: Geology of the permit areas and main commodities.
Potential for gold
An advantage of the Armorican Massif is its potential richness in gold associated with the aforementioned
metals, which enhances the likelihood of an economic discovery. In this respect, the area can be compared
to the district currently being explored by New Found Gold in Newfoundland, Canada, where a similar
dispersion of gold is observed along a shear zone within a comparable Cambrian to Ordovician geological
environment.
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Figure 3: Comparison on the same scale between the geology and gold showings at the Queensway
permit (New Found Gold) located in Canada and the area of Aurania’s permits in France (modified
from the map published in the 43-101 report , January 2023 Exploration Update: New Found Gold
Corp.’s Queensway Gold Project, NL, Figure 7.17).
Next steps
Aurania will proceed with stakeholder engagement, including outreach and dialogue with local landowners,
while advancing preparations for an airborne geophysical survey and subsequent field activities.
Qualified Person
The geological information contained in this news release has been verified and approved by Jean-Paul
Pallier, MSc., Vice -President Exploration of the Company. Mr. Pallier is a designated EurGeol by the
European Federation of Geologists and a Qualified Per son 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 critical energy in Europe.
Information on Aurania and technical reports are available at www.aurania.com and 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:
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Carolyn Muir
VP Corporate Development & Investor Relations
Aurania Resources Ltd.
(416) 367-3200
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the
policies of the TSX Venture Exchange) 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 that the Company’s exploration activities may
be an excellent opportunity for Brittany and the Pays de la Loire to gain a deeper understanding of their
subsurface resources, the purpose of obtaining the permits being to explore the South Armorica n Shear
Zone, that the Armorican Massif stands out as a possible candidate to help meet Europe’s growing demand
for strategic metals, that an advantage of the Armorican Massif is its potential richness in gold associated
with the aforementioned metals, which enhances the likelihood of an economic discovery, the Company’s
next steps with respect to the permits and exploration activities conducted thereof, Aurania’s objectives,
goals or future plans, statements, exploration results, potential mineralization, the tonnage and grade of
mineralization which has the potential for economic extraction and processing, the merits and effectiveness
of known process and recovery methods, 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 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: 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; the inability to recover and process mineralization using known mining
methods; the presence of deleterious mineralization or the inability to process mineralization in an
environmentally acceptable manner; 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 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. The Company 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.