Aurania Resources (CVE: ARU- OTCQB: AUIAF) President Richard Spencer joined Steve Darling from Proactive with news of the company's first drill hole at the Tsenken N1 target at its Lost Cities – Cutucu Project in southeastern Ecuador. Though the intersection was modest with grades below economic levels, Spencer says the occurrence of native copper beneath the impermeable layer within the red beds is a key piece of evidence supporting the exploration model that the company is using for sediment-hosted mineralization.
The second drill hole on the target is now underway.