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Aurania Resources Update on Drilling at Yawi in Lost Cities Cutucu Project in Ecuador

Mining News - Published on Wed, 20 Nov 2019

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Aurania Resources Ltd reported that scout drilling for epithermal gold and silver at the first hole at Yawi Target A has been completed at its Lost Cities Cutucu Project in southeastern Ecuador. The first drill hole in Target A, YW-001, reached a depth of 533.40 metres, approximately 460m vertically below the collar elevation of the bore hole. Samples from YW-001 have been submitted to the laboratory and results will be reported as soon as they become available. The drill has been mobilized to the second platform and the second bore hole at Target A is underway.

Four targets have been identified at Yawi, and a fifth is being mapped and soil sampled to determine whether it warrants scout drilling. The first bore hole in Target A intersected veinlets that have banded textures typical of epithermal gold-silver systems at various depths along its trajectory. It is clear from some of the veins that hole YW-001, which was inclined due south at an angle of 60 degrees to the horizontal, was drilled parallel to a component of the vein system. Hole YW-002, therefore, is being drilled towards the north so that it cuts across the vein system

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Posted By : Rabi Wangkhem on Wed, 20 Nov 2019
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