Large Target Zone Confirmed at Aurania's Awacha Porphyry Copper Target

Core Insights - Aurania Resources Ltd. has identified a significant zone of hydrothermal alteration at its Awacha project in Ecuador, following a detailed Anaconda-style mapping program conducted in 2024 [1][2][3] - The identified zone is associated with a magnetic high anomaly and elevated Mobile MagnetoTellurics (MobileMT) conductivity, indicating potential for further exploration and drilling [1][5] Data Interpretation and Expert Review - The data interpretation was completed in early June 2025, with porphyry copper expert Dr. Steve Garwin engaged to assess the mapping data and identify promising targets [2] - Dr. Garwin recommends detailed mapping at a scale of 1:1,000 to 1:2,000 to establish drill pad locations and suggests extending soil sampling coverage over identified MobileMT anomalies [2] Geological Characteristics - The hydrothermal alteration zone measures over 6 km by 4 km and affects Mesozoic hornblende-bearing intrusions within Jurassic siliciclastic rocks [3] - The alteration features an early-stage propylitic assemblage, with subsequent stages including potassic, phyllic, argillic, and advanced argillic alterations [3] Surface Sampling Results - Rock-chip sampling at the surface has yielded significant results, including up to 0.37% Cu, 0.20 g/t Au, and elevated levels of As, Bi, and Mo [4] - Elevated Cu:Zn ratios and the presence of chalcopyrite indicate proximity to the mineralized core, with a defined target zone of approximately 2 km in diameter located southwest of the central argillic zone [4][5] Target Zone Delineation - Dr. Garwin has delineated a target zone of 2,200 m x 1,200 m, supported by magnetic high anomalies and elevated MobileMT conductivity [5] - These anomalies suggest the presence of potassic alteration and electrically conductive sulphide minerals, which are indicative of mineralized porphyry systems [5]