Direct from the Rohstoff-Messe in Munich: Dr. Keith Barron, CEO of Aurania Resources (TSX-V: ARU | OTCQB: AUIAF | FSE: 20Q), on his two European projects.
In Iceland, Aurania has completed its first drill program at Thor’s Valley (Thormodsdalur), a historic high-grade gold mine near Reykjavík that produced until 1924. Historical drilling returned up to 415 g/t gold with poor core recovery. Aurania’s twin holes recovered around 98% of the core, and assays are expected soon.
In Italy, Aurania is working on a PEA to recover nickel and cobalt from the dry-stacked waste rock of the former Balangero asbestos mine near Turin. No drilling, no blasting: the material is already crushed, and the nickel sits in awaruite, a natural nickel-iron alloy that does not need smelting.
Also covered:
▪️ Why the focus shifted from Ecuador to Europe
▪️ Italian government support and the EU Critical Raw Materials Act
▪️ Battery-grade nickel as a potential upgrade
▪️ PEA timing, the new advisor and financing plans
More info: www.aurania.com
Disclaimer: This video is for informational purposes only and does not constitute investment advice.
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