Aurania Resources Ltd. (ARU:TSX.V; AUIAF:OTCQB) kicked off the year by recommencing exploration activities at the Awacha target after signing an access agreement with the surrounding communities, reported Noble Capital Markets analyst Mark Reichman.
Work already completed there suggests Awacha may contain a three porphyry cluster.
At Tiria-Shimpia, the company is closing is on the high-grade zones. Aurania may drill more deeply to intersect higher grade zinc-silver shoots at depth.
Regarding Tsenken, results are expected soon of hole TSN1-009, which targeted copper-silver mineralization in evaporite mineral beds within sedimentary layers.
"Management is focused on identifying the sites where the metals would have accumulated, and progress has been made in identifying potential trap locations for drilling," Reichman wrote.
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