Core Viewpoint - Aurania Resources Ltd. has summarized areas of enhanced prospectivity in its Cutucu Project in Ecuador and confirmed its future focus on gold and strategic metals projects in Europe and other international opportunities [1][2] Summary by Sections Enhanced Prospectivity in Cutucu Project - The company acquired 42 mineral concessions in the Cutucu region in 2017, with limited knowledge of the area's geological potential at that time [3] - Modern exploration techniques, including a Mobile MagnetoTellurics (MobileMT) survey, have revealed new anomalies at the Awacha target, enhancing the understanding of the geological context [3][6] - The geological mapping has identified several highly prospective gold and copper targets, including "blind" epithermal gold targets and significant porphyry copper targets [6][8] Geological Context - The Cutucu and Cordillera del Condor are part of a Jurassic back-arc rift system, with unique geological conditions that have preserved extensive mineralization [7] - The sediment-hosted copper mineralization at the Tsenken prospect has been identified, which is similar to large deposits found in Central Africa [7][8] Exploration Techniques - Aurania was among the first to utilize MobileMT technology, which has improved significantly, allowing for better geological mapping and identification of mineralization [10][11] - The reprocessing of MobileMT data using advanced 2.5D inversion technology has yielded more accurate results, enhancing the identification of potential mineral deposits [12] Current Challenges and Strategic Focus - Due to evolving political conditions and a newly imposed $24.1 million USD mining service fee by the Ecuadorian government, the company has suspended all activities in Ecuador [21][22] - The company remains optimistic about focusing on gold and strategic metals projects in Europe and exploring opportunities elsewhere [22] Target Areas in Cutucu - Key target areas include Awacha, Sunka, Kirus, and Tsenken, with potential for both porphyry and epithermal mineralization [14][15][17] - The Tsenken area has shown significant copper-silver mineralization, which is a new exploration target for the company [17] Conclusion - Aurania has engaged with major companies for potential collaboration, emphasizing the importance of maintaining a large landholding for discovery potential [20] - The exploration market is improving, but junior explorers still face challenges in securing funding, highlighting the need for patience and perseverance in exploration efforts [20]

VANCOUVER, British Columbia, May 28, 2025 (GLOBE NEWSWIRE) -- Prosper Gold Corp. ("Prosper Gold" or the "Company") (TSXV:PGX) announces that field crews have been mobilized and preparations are being made to facilitate upcoming diamond drilling activities at the Cyprus Project. Drilling will follow up on results of the ground-based Induced Polarization ("IP") survey completed at Target A in March, 2025. Figure 4 - Examples of intrusions from February/March 2025 drilling. A) Intrusive breccia with strongly s ...