Aurania Assets (TSXV: ARU; US-OTC: AUIF), led by a key member of the Aurelian Assets workforce that found the wealthy Fruta del Norte gold mine in Ecuador, is popping away from South America and towards Europe.
Aurania has confronted setbacks with its Misplaced Cities–Cutucú gold challenge within the Andean nation, together with authorities moratoriums and unlawful mining actions, says founder, president and CEO Keith Barron, who shared The Northern Miner’s Mining Particular person of the Yr award in 2008 for the Fruta del Norte discover.
“I intend to make some huge cash for the shareholders,” he mentioned final month throughout the Rule Symposium in Boca Raton, Florida. “You’re not simply betting on the horse, you’re betting on the jockey.”
Barron is exploring new European alternatives, pushed by archival analysis that uncovered promising leads. Whereas he says, it’s too early but to disclose specifics, he plans to leverage the present excessive gold and copper costs which have made beforehand uneconomic deposits extra engaging.
Watch the complete interview with The Northern Miner’s western editor, Henry Lazenby.