Aurania Resources Ltd - Mining Stock Analysis & Updates

Aurania Announces Closing of First Tranche of Private Placement

Aurania Directors Receive Stock Options in Lieu of Fees and Concession Renewal Reports Filed in Ecuador

Aurania Resources Ltd. will pay its directors' fees in stock options instead of cash for 2025, granting 64,000 options at $0.36 each. The company has also renewed its 42 mineral exploration concessions in Ecuador and is negotiating payment agreements.

Aurania Appoints VP Corporate Social Responsibility

Aurania Resources Ltd. has appointed Ms. Carolina Lasso as Vice President of Corporate Social Responsibility. With 20 years of experience, she will lead CSR initiatives, enhancing community engagement and sustainability efforts for the company, pending TSX approval.

Aurania to Extend Term of Previously Issued Warrants

Aurania Resources Ltd. plans to extend the expiry dates of nearly 2 million common share purchase warrants by one year, subject to TSX Venture Exchange approval. The extension involves related party transactions due to CEO Dr. Keith Barron's involvement with the warrants.

Aurania Reports Initial Findings From IP Survey at Kuri-Yawi

Aurania Resources Ltd. reports valuable findings from an induced polarization survey at the Kuri-Yawi gold target in Ecuador, aiding future drilling location decisions. The survey revealed conductive anomalies and signs of an extinct geothermal system.

Aurania Commissions Environmental Impact Study in Corsica

Aurania Resources' subsidiary, Corsica Ressources, has hired a French firm to conduct an environmental impact study for its nickel project at Nonza and Albo beaches in Corsica. The study aims to assess environmental effects and propose mitigation strategies while preserving local ecosystems and communities.

Aurania Directors Receive Stock Options in Lieu of Fees

Aurania Resources Ltd. announced that its directors opted to receive their quarterly fees for Q4 2024 as stock options instead of cash, totaling 54,000 options at C$0.425 each. The options are exercisable for three years and vested immediately.

Aurania Announces Closing of Private Placement

Aurania Resources Ltd. announced the closing of its second tranche of a private placement financing, raising C$459,334 by selling 1,020,744 units at C$0.45 each. Proceeds will fund exploration in France and general working capital, with potential activities in Ecuador. The company also settled debt by issuing shares to CEO Dr. Keith Barron.

Aurania Announces Closing of First Tranche of Private Placement

Aurania Resources Ltd. closed the first tranche of a non-brokered private placement financing, selling 2,726,499 units for C$1,226,924.55. The funds will be used for exploration in France and Ecuador, with options for future investors to participate.

Aurania Announces Attendance at NobleCon 20 in Florida and Appointment of Fractional CFO as Full-time CFO

Aurania CEO to present at NobleCon20; webcast available; CFO Francisco Freyre to become full-time CFO; focus on mineral exploration in South America.

Aurania Announces Amended Terms for Private Placement and Debt Settlement; Agreement Complete for Payment of Mineral Properties in Ecuador

Aurania Resources Ltd. has revised the pricing for its previously announced non-brokered private placement financing. Under the new terms, the company plans to issue up to 8,888,888 units at C$0.45 per unit, which could generate up to C$4 million. Each unit will include one common share and one purchase warrant, which allows the holder to buy one common share at C$0.75 for 24 months following the closing of the offering. The company may increase the size of the offering by up to 25%, which could raise an extra C$1 million. The proceeds will be used for exploration in France, exploration programs in Ecuador, and for working capital. The company may also pay finders

Aurania Announces Non-Brokered Private Placement of up to C$4.0 Million and Debt Settlement

Aurania Resources Ltd. announced its plan to complete a non-brokered private placement financing of up to 7,272,728 units at a price of C$0.55 per unit, aiming to raise a total of C$4,000,000. They also hold the right to increase the offering size by up to 25%, potentially raising an additional C$1,000,000. The proceeds will be used for exploration in France, exploration programs in Ecuador, and for general working capital. The company may also pay finder's fees of up to 7% in cash or finder's warrants.

Aurania Nickel Samples from Corsica Yield Precious Metals as Well as Cobalt and Copper

Aurania Resources Ltd. has reported preliminary results from mineral processing studies on a sample of magnetic sand from Nonza Beach, Corsica. The studies, conducted by SGS Laboratories, revealed that the sand contains the nickel-iron alloy awaruite. The beach, which is approximately 1350 meters long and 350 meters wide, displays up to 31.7% magnetic material, with a magnetic concentrate of the sand yielding 40.1% nickel. Further studies are underway to determine the marketability of the mixed awaruite-magnetite, and to explore identical sands at the nearby Albo Beach. A nearly pure awaruite concentrate was isolated, containing 71.4% nickel.

Aurania Receives Corsica Study from IHC Mining B.V. of Holland

Aurania Resources Ltd. has commissioned IHC Mining Advisory Services to conduct a study on potential extraction and recovery methods for heavy minerals found in the Albo-Nonza black beach sands in Corsica. The minerals, believed to originate from the historic Canari Mine, may contain nickel and iron. The study proposed a solution that could cost an estimated 13 million Euros for capital and 2.82 Euros per tonne for operation. Further environmental studies and drilling are needed for more precise estimates. The beach is 40% sand, which is where the minerals of interest are primarily located.

Aurania's Sampling of Sea Bottom Indicates Potential for Greater Extent of Nickel at Corsica

Aurania Resources Ltd. has completed initial sea bottom sampling offshore of the Nonza and Albo Beaches, Cap Corse. The results suggest that the area's nickel potential is not just confined to the beach, but significantly extends offshore. Using a high-intensity rare earth magnet, abundant black sands were collected, believed to be composed of awaruite and magnetite. Preliminary analysis yielded 40.1% nickel. LiDAR technology was used to produce detailed 3D images of the Earth's surface, revealing different submarine topography. It is hypothesized that waste from the historic Canari Mine filled in and covered the sea bottom at Albo and Nonza Beaches.

IP Survey Commences at Aurania's Kuri-Yawi Gold Target in Ecuador

Aurania Resources Ltd. has announced the commencement of the induced polarization (IP) geophysical survey at its Kuri-Yawi project in Ecuador. The survey is being conducted by GexplOre, a geophysics company with experience in the Amazon rainforest. The Kuri-Yawi project is the most advanced target in the company's Cutucu project, which has shown promising signs of epithermal gold mineralization. The IP survey aims to identify deep conductors that could correspond to gold mineralization and to guide drilling for the 2025 program. The survey is expected to be completed by mid-December 2024, with results anticipated in early 2025.

Aurania Grants Stock Options

Aurania Resources Ltd., a mineral exploration company focusing on precious metals and copper in South America, has granted a total of 415,000 stock options to specific officers and consultants as per their Stock Option Plan. These options, priced at C$0.70 each, include 200,000 options granted to a company officer, valid for five years from the grant date and subject to standard vesting conditions.