Aurania Confirms New Discovery That Extends Tiria-Shimpia
Laboratories: The stream and rock samples were prepared for analysis at MS Analytical MSA in Cuenca, Ecuador, and the analyses were done in Vancouver, Canada. Otherwise, we would never have guessed it was there. The Mato Bula and Da Tambuk mines are four kilometres apart and will be developed simultaneously. Bei bersetzungen knnen Fehler nicht ausgeschlossen werden. Factors that could cause actual results to differ materially from such forward-looking information include, but are not limited to, failure to identify mineral resources, failure to convert estimated mineral resources to reserves, the inability to complete a feasibility study which recommends. Analytical procedure: Approximately.25g of rock pulp or -80# soil underwent four-acid digestion and analysis for 48 elements by ICP-MS. Stream sediment:.5g split of the -80 mesh fraction of the stream silt underwent digestion with aqua regia and the liquid was analyzed for 48 elements by ICP-MS. About Aurania, aurania is a mineral exploration company engaged in the identification, evaluation, acquisition and exploration of mineral property interests, with a focus on precious metals and copper in South America. Keith Barron commented, "Shimpia North appears to have the same character, style and mineralization type as Tiria-Shimpia, though it is displaced to the northwest. The quantity and grade of reported inferred mineral resources as the estimation is uncertain in nature and there has been insufficient exploration to define any inferred mineral resources as an indicated or measured mineral resource and it is uncertain.
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Though it is not yet confirmed, it is believed the potassium mineral is langbeinite, a potassium magnesium sulphate which could potentially occur with the other sulphates like barite, celestite, or gypsum. The estimate of mineral resources may be materially affected by environmental, permitting, legal, title, taxation, sociopolitical, marketing, or other relevant issues. Selected analytical results for grab samples of rocks from the Shimpia target (Ag is silver, Pb is lead and Zn is zinc). To view an enhanced version of Figure 1, please visit: g, table. In addition, the Company has a 30 Net Streaming Interest SRI in the Magambazi Mine in the Tanga region of Tanzania. Although these statements are based on information currently available to Aurania, Aurania provides no assurance that actual results will meet management's expectations. Forward-looking information is based on reasonable assumptions that have been made by the Company as at the date of such information and is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level. The development of the mining operations is scheduled to begin during the second quarter of 2021. Pallier is a designated EurGeol by the European Federation of Geologists and a Qualified Person as defined by National Instrument 43-101, Standards of Disclosure for Mineral Projects of the Canadian Securities Administrators. The -80 mesh silt was packaged by MSA for analysis.
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The siliceous sinters we find at Kuri-Yawi are evidence of the original land surface in the Jurassic, when we expect the mineralizing event took place. Gossan, weathered rock in which the sulphide minerals have been removed by oxidation to leave an iron oxide residue, has also been encountered. Qaqc: Aurania personnel inserted a certified standard pulp sample, alternating with a field blank, at approximate 20 sample intervals in all sample batches. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. The contained gold, copper and silver figures shown are in situ. Qualified Person, the geological information contained in this news release has been verified and approved by Jean-Paul Pallier, MSc. Accordingly, readers should not place undue reliance on forward-looking information contained herein, except in accordance with applicable securities laws. (tsxv: ARU) (otcqb: auiaf) (FSE: 20Q) Aurania" or the "Company reports on the discovery of Shimpia North, an area in which elevated metal values have been found in streams draining a ridge that is seven kilometres km long.
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Recent stockpiled tailings have not been sampled by CTL; however, samples from the tailings taken in November 2007 indicated a significant amount of gold was unrecovered in the ore mined from Magambazi deposit. The mineralization is sediment-hosted, found parallel to the sedimentary layering in limestone intercalated with sandstone. Shimpia North extends the Tiria-Shimpia target from 15 km to a total length of. Bild- oder Filmrechte liegen beim Autor/Quelle bzw. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. Forward-looking statements may be identified by such terms as "believes "anticipates "expects "estimates "may "could "would "will or "plan". Generally, forward-looking information can be identified by the use of forward-looking terminology such as "anticipate "believe "plan "expect "intend "estimate "forecast "project "budget "schedule "may "will "could "might "should "indicate "confident" or variations of such words or similar words or expressions.
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Rock-chip and stream sediment sampling that highlights the extent of the mineralized zone, corresponds closely with high potassium detected in radiometric data from the Company's geophysical survey completed in 2017. Mittels der Verffentlichung will dieser lediglich ein pluralistisches Meinungsbild darstellen. The current Global Project Resources discovered by EAM include: Project Resources (Au Aueqv Metal ounces). PMM undertakes to produce at least 10,000 ounces in the first year of commissioning of operations, 20,000 ounces in the second year, 30,000 ounces in the third year and at least 40,000 ounces per year thereafter. Der vertretene Standpunkt eines Autors spiegelt generell nicht die Meinung des Webseiten-Betreibers wieder. In addition, the labs reported that the analyses had passed their internal qaqc tests. East Africa retains exploration rights on areas of the properties outside the Mato Bula, Da Tambuk and Terakimti mining licenses in all Ethiopian projects and anticipates the commencement of exploration drilling to test priority targets during the second quarter of calendar 2021. In the event PMM does not meet the minimum production in a year, it will compensate EAM as follows: in the first year minimum production is not met PMM will pay US200,000; US400,000 in the second year; US600,000.
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More information on the Company can be viewed at the Company's website:. The Magambazi property consists of two mining licenses (which cover.9 square kilometres) and two prospecting licenses, for an aggregate total of approximately 93 square kilometres. Men Artikel, folgen Sie uns auf: Artikel, nachrichten, Minen engl., cNW, vancouver, April 9, 2021, east Africa Metals Inc. Shimpia North is an extension to the high-grade silver-zinc-lead mineralization at Tiria-Shimpia in the Company's Lost Cities - Cutucu Project Project in southeastern Ecuador. Gossan found on the jungle floor was excavated to reveal fresh, sulphide-bearing mineralization below the weathered layer at Shimpia North. Information on Aurania and technical reports are available at m and m, as well as on Facebook at m/auranialtd Twitter at m/auranialtd, and LinkedIn at For further information, please contact: Carolyn Muir, vP Investor Relations. The Magambazi Mine: The Magambazi Mine is located in the emerging Handeni gold district in eastern Tanzania, 180 kilometres northwest of Dar es Salaam and 140 kilometres southwest of the port city of Tanga. EAM has invested USD66.8M in African exploration since 2005 and identified a total.8 million ounces of gold and gold-equivalent resources representing an average discovery cost per ounce of US24. Lead was selected to demonstrate the extent of the Tiria-Shimpia and Shimpia North target areas because it is not easily leached - hence its distribution provides a footprint that is faithful to the extent of the mineralization.
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Wir wehren uns gegen jede Form von Hass, Diskriminierung und Verletzung der Menschenwrde. Newly installed processing Plant. Andrew Lee Smith, President CEO of East Africa, commented: "The start-up of the tailings project at Magambazi is an important milestone for East Africa Metals and marks the commencement of a process that can generate revenue for the Company for the first time in 2021.". Mineninfo Minenprofile Neuste Artikel. If we had had a postage stamp type parcel, we never would have guessed the magnitude of these mineralizing systems. The potassium enrichment feature extends approximately 10 km beyond the area investigated so far (Figure 1 providing an invaluable exploration guide to finding possible further extensions of the mineralized system. The processing flow-sheet will see the tailings re-milled to further expose remaining free gold, followed by treatment through a gravity circuit and finally through a CIP Plant (Carbon in Pulp. Risks, uncertainties and other factors involved with forward-looking information could cause actual events, results, performance, prospects and opportunities to differ materially from those expressed or implied by such forward-looking information. Men Artikel, folgen Sie uns auf: Artikel, nachrichten, Minen engl., newsfile, toronto, April 30, 2021, aurania Resources Ltd. The Company does not update or revise forward looking information even if new information becomes available unless legislation requires the Company to.
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Source East Africa Metals Inc. The Company has commenced selection of drill sites at the Tiria-Shimpia target area and expects to begin drilling in this quarter. Handeni Project, Tanzania (EAM 30 Streaming Royalty Interest) Indicated 721,000 Inferred 292,000 *See East Africa Metals Project Resource Table attached for additional detail Andrew Lee Smith,.,.E.O., a Qualified Person under the definitions of National Instrument 43-101, has reviewed. Forward looking information in this news release includes, but is not limited to Aurania's objectives, goals or future plans, statements, exploration results, potential mineralization, the corporation's portfolio, treasury, management team and enhanced capital markets profile, the estimation of mineral resources. Beachten Sie bitte auch unsere AGB/Disclaimer! The pit shells and cut-off grade.50 grams per tonne gold used to calculate the maiden resource at Magambazi applied a 2012 gold price forecast of US1,250 per ounce. Bei der vom ihm benannten Quelle. Aurania's analysis of results from its independent qaqc samples showed the batches reported on above, lie within acceptable limits. Although Aurania believes that the assumptions and factors used in preparing the forward-looking information in this news release are reasonable, undue reliance should not be placed on such information, which only applies as of the date of this. I consider it to be part of the same system.
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Project, category, au, aueqvounces, adyabo Project, Ethiopia (EAM 30 Net Profit Interest indicated 446,000. About East Africa Metals, the Company's principal assets include 30 Net Profits Interest in the Mato Bula and Da Tambuk mines (collectively "Adyabo Property and a 70 project interest in the Harvest polymetallic VMS exploration Project in the Tigray region of Ethiopia. Apart from being analyzed by ICP-MS, gold was also analyzed by fire assay with an ICP-AES finish. Inferred 551,000, harvest Project, Ethiopia (EAM 70 Project Interest indicated 469,000, inferred 426,000. This may be the distal expression of the copper/silver -in-sediment system we have traced further to the south across country for 23 kilometres. The sub-sample was crushed to a grain size.075mm and a 200-gram g split was set aside for analysis.
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Mineral Resources, which are not Mineral Reserves, do not have demonstrated economic viability. In January, PMM Mining informed EAM it had completed an engineering and metallurgical assessment of a plan to re-process existing tailings from illegal mining activities that took place between 20t the Magambazi site, during which time large, active illegal mining operations. Aurania's Chairman CEO. An initial mineral resource estimate for Magambazi was announced on May 15, 2012 (see Canaco Resources News Release dated May 15, 2012). (Red and purple are areas rich in potassium, blue and green have little potassium). Geological Details of the Area Sampled at Shimpia North. In any case, the Cutucu is proving to be a rare case of a metal-rich basin, that though uplifted and exposed has appeared to not be eroded to significant extent. Start-up of the tailings re-processing has begun, on schedule. Although zinc and lead would have been leached out of the gossans, these residues allow us to map out the original extent of the sulphide-rich layers at surface, which could guide us to fresh, sulphide-rich rock below the weathered zone as illustrated in Figure. Cautionary Statement Regarding Forward-Looking Information This news release contains "forward-looking information" within the meaning of applicable Canadian securities legislation.