Presentation
Projects
Lost Cities - Cutucu Project
Location
Cordillera de Cutucu, Morona Santiago
Stage
Exploration/Advanced Exploration
Commodities
Gold, Silver, Copper, Zinc, Lead
Since 2017, the Company’s application of modern exploration techniques in southeastern Ecuador’s Cutucu region—guided by over a decade of archival research led by CEO, Dr. Keith Barron, into the fabled gold mines of the Cutucu Cordillera’s “Lost Cities”—has led to the identification of multiple highly prospective gold and copper targets.
These include several blind epithermal gold systems, such as Crunchy Hill and Kuri‑Yawi, comparable to those that led to the discovery of the world‑class Fruta del Norte deposit (now in production by Lundin Gold) in the adjacent Cordillera del Condor.
Beneath Aurania’s epithermal targets, newly reprocessed MobileMT geophysical data have revealed potentially significant porphyry copper systems, while sediment‑hosted copper mineralization akin to the Central African Copper Belt has been identified at the 14‑kilometre‑long Tsenken prospect.
In response to an evolving political environment and increasingly challenging business conditions for exploration companies in Ecuador, Aurania has elected to adopt a prudent “wait‑and‑see” approach while discussions continue with the government and potential partners. The Company remains confident in its strategic direction, with a continued focus on advancing gold and strategic metals projects in Europe, while selectively evaluating additional opportunities in other jurisdictions.
Brittany project
Location
Brittany, France
Stage
Exploration
Commodities
Gold, Antimony, Tin, Tungsten, Molybdenum, Copper
In December 2025, Aurania was granted three exploration permits (PER) for polymetallic metals and gold in the Brittany Peninsula of western France. These permit areas Epona, Taranis and Bélénos, are covering areas of 51 km², 359.5 km² and 440.9 km² respectively. This marks a new opportunity for Aurania in a jurisdiction where institutional stability and high-quality infrastructure make exploration safe and more efficient than other areas in the world.
The French government’s decision to grant Aurania these permits is an excellent opportunity for Brittany and the Pays de la Loire to gain a deeper understanding of their subsurface resources and for France to find new sources of metals to secure the country’s supplies through exploration to be conducted by Company. It also marks a new opportunity for Aurania in a jurisdiction where institutional stability and high-quality infrastructure make exploration safe and more efficient than other areas in the world. The initial mining inventory studies conducted by the French Geological Survey (BRGM) confirmed the presence of gold associated with strategic metals over more than 150 km along the shear zone, and in some cases at exceptional grades. This demonstrates the strength of the hydrothermal activity that occurred in the region.
Aurania announced the filing of an exploration permit named Epona back in 2023 (see press release dated July 24, 2023). Subsequently, in October 2023, the Company submitted two additional applications, Taranis and Bélénos, covering areas of 359.5 km² and 440.9 km² respectively. These areas are located in southern Brittany and northern Pays de la Loire in France.
Balanjero Tailings Project
Location
Province of Terni, in the Umbria region (near Turin)
Stage
PEA underway as part of MOU
Commodities
Nickel, Cobalt, Chromium, Iron, Copper
In October 2025, Aurania signed a Memorandum of Understanding (MOU) with Società per il Risanamento e lo Sviluppo Ambientale dell’ex Miniera di Amianto di Balangero e Corio (“RSA”) and Firestone Ventures Inc. to evaluate the recovery of critical metals from tailings at the former Balangero Asbestos Mine in northern Italy. The project will assess the potential extraction of nickel and cobalt—key materials for electric battery production under the EU Critical Raw Materials Act—alongside other valuable metals including chromium, iron, and copper.
The MOU also covers the evaluation of carbon capture solutions using the waste stream, with the goal of permanently neutralizing asbestos minerals and rendering the material environmentally safe. Firestone will lead the carbon capture component of the project. This one‑year evaluation program grants Aurania and Firestone exclusive access to the site for data collection and sampling. If results are positive, the parties intend to advance to a commercial agreement focused on metal recovery (Aurania) and separately carbon capture (Firestone), delivering both environmental remediation and sustainable resource development.