One of the more fascinating presentations we saw at Mines and Money London was from Aurania Resources.
The Chairman and CEO, Keith Barron, gave a talk about hunting for abandoned gold mines in Ecuador using maps hundreds of years old stored in the Vatican archives, amongst other places. Aurania’s 208,000 hectare land package happens to include at least two of these mines. Originally mined by the conquistadores, the mines were active for 35 years and abandoned in 1605. We wanted to find out more about this from Keith so were thrilled to talk to him in person.
This story has elements of Raiders of the Lost Ark about it, but Keith’s extensive experience and success with gold mining in the area, coupled with the expertise of the team he has working on this mean we should all be taking this particular story very seriously indeed.
Keith outlined an extensive drilling plan for 2019 so Aurania is definitely going on our ‘one to watch’ list. Aside from the gold itself, this has got the makings of a great screenplay too!
More about Aurania Resources
Aurania is a junior exploration mining company engaged in the identification, evaluation, acquisition and exploration of mineral property interests, with a focus on precious metals and copper. 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.
You can find out more about Aurania Resources on their website, connect with them on LinkedIn and follow them on Twitter @auranialtd
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MiningIR host a variety of articles from a range of sources, our content, while interesting, should not be considered as formal financial advice. Always seek professional guidance and consult a range of sources before investing.