Aurania Resources Ltd

Aurania Resources Ltd.

Aurania Resources Ltd. (TSX-V: ARU | OTCQB: AUIAF | FSE: 20Q) is a socially responsible junior exploration company led by founder and CEO Dr. Keith Barron, offering investors early-stage exposure to gold, copper, silver and select critical-metals discoveries across a multi-jurisdiction portfolio spanning Ecuador, Italy, Iceland and France.

Discovery Pedigree

Dr. Keith Barron is the geologist behind the world-class Fruta del Norte gold deposit — discovered by his previous company, Aurelian Resources, and now in production by Lundin Gold. Guided by more than a decade of archival research, including the archives of Seville and the Vatican, into the fabled “Lost Cities” of Spanish colonial gold mining, Aurania assembled its flagship Ecuadorian concessions. Dr. Barron remains closely aligned with shareholders, owning roughly 45% of the company and drawing no salary.

Flagship – Lost Cities-Cutucu, Ecuador

The 100%-owned Lost Cities-Cutucu project covers approximately 208,000 hectares (42 concessions) in the Jurassic Metallogenic Belt of southeastern Ecuador. More than C$40 million of exploration has outlined multiple large systems: porphyry copper, blind epithermal gold (such as Crunchy Hill and Kuri-Yawi, analogues to Fruta del Norte), a 14-km Mississippi Valley-type silver-lead-zinc trend, and 22 km of sediment-hosted copper-silver. Work is currently halted pending resolution of Ecuador’s “TASA” land fee, now being waived for exploration companies (retroactivity unresolved). With silver newly designated a US critical metal and a February 2026 US–Ecuador critical-metals agreement in place, Aurania is seeking a major partner to fund this potentially world-class district.

Italy – Balangero Tailings (current #1 priority)

A retreatment opportunity (not mining) at a former asbestos mine near Turin, recovering nickel, cobalt, copper, iron and chromium from a large dry-stack tailings pile, with carbon capture of the residue via sister company Firestone Ventures. Consultant SRK’s preliminary assessment is described as “very compelling.” A PEA awaits permitting for 15 sonic drill holes and a 20–30 tonne bulk sample; a positive outcome could re-rate the company.

Iceland – Thor’s Valley (near-term catalyst)

A low-sulphidation epithermal gold project about 20 km from Reykjavik (a Fruta del Norte / Hishikari analogue) held under an earn-in with St-Georges. Historic mining returned bonanza grades (best historic intercept 419 g/t Au and 1,600 g/t Ag, at only ~50% core recovery), and a CEO grab sample returned 54.1 g/t Au. Drilling is planned for August, twinning historic holes.

France – Brittany & Corsica

In Brittany, Aurania holds three exploration permits (granted December 2025) prospective for gold and strategic metals, advancing through community engagement and LiDAR target generation at low cost. The Corsica nickel-cobalt-PGE opportunity has been deprioritized due to local opposition.

Strategy

Aurania aims to deliver near-term catalysts — Iceland drill assays and a Balangero PEA — to re-rate the stock and bring its warrants in-the-money, funding future work through warrant exercise rather than dilution, while pairing disciplined, science-led exploration with strong community and environmental stewardship. Head office: Toronto, Canada. Web: aurania.com