Outcrop Mineralisation Discovered Over 2.7 Km In Ecuador
Aurania Resources Ltd (TSXV:ARU) (OTCQB: AUIAF) has discovered silver-zinc mineralisation in outcrop over 2.7 km in the Tiria-Shimpia target area in the company’s Lost Cities – Cutucu Project in south-eastern Ecuador.
The follow up exploration find og a high-grade boulder found in a stream, together with the on-going channel sampling of the mineralised layers where they are exposed at surface, is providing key information on the distribution of grade on surface within the 15km trend along which silver-zinc is located at Tiria-Shimpia.
This trend was recently extended to a total of 22km after the discovery of a seven km long mineralised zone at Shimpia North
Within the 2.7km mineralised zone, there is a 500m segment of high-grade material with silver up to 73 grams per tonne (g/t) and zinc up to 49%. The high-grade mineralisation is open to the north where there is a gap in outcrop of about 1km.
The mineralised sedimentary layer corresponds closely with silver enrichment in soil and remains open to the south. In fact, there is a second band of elevated silver in soil that suggests that there is a second mineralised layer in the sedimentary strata, but no outcrop has yet been found of the suspected second layer.
A third level of mineralisation has been found to the west with the discovery of low-grade outcrop that returned up to 2% zinc. Zinc and silver enrichment continues to the southern limit of ridge and spur soil sampling, and there is therefore potential for the silver-zinc zone to extend further south.