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Aurania Resources identifies possible ancient road running through its Lost Cities-Cutucu project in Ecuador

LiDAR survey imagery has pinpointed what may be an ancient road from colonial Spanish times

Aurania Resources Ltd -
The Spanish landed in Ecuador in 1531

Aurania Resources Ltd (CVE:ARU) (OTCQB:AUIAF) said Friday that LiDAR survey imagery has pinpointed what may be an ancient road from colonial Spanish times on its Lost Cities-Cutucu project in Ecuador.

The possible road must be verified and assessed in the field by an archeologist once coronavirus-related restrictions are lifted in the project area.

Toronto-based Aurania is using LiDAR surveys to supplement exploration on the Lost Cities–Cutucu project area in the eastern foothills of the Andes mountain range in southeastern Ecuador.

READ: Aurania Resources identifies potential gold-bearing zone on the Lost Cities-Cutucu project in Ecuador

"LiDAR has provided us with a powerful tool to augment our exploration toolkit,” CEO Keith Barron said in a statement.

The company is using LiDAR to refine geological targets for gold and copper exploration and to identify possible remnants of infrastructure from Colonial Spanish times related to gold mining in the "lost cities" of Logroño and Sevilla, according to Barron.

“Along with the 2.5 km road segment discovered by our field teams late last year, currently being evaluated by a registered archeologist and the National Institute of Cultural Heritage of Ecuador, we believe that the feature identified in the LiDAR data represents infrastructure related to that mining activity,” Barron said. “However, this LiDAR interpretation requires further verification in the field.”

An image from LiDAR shows a flat area along a ridge crest in the central part of the project area. The broader, road-like feature is up to 60 metres wide, which could be an engineered structure built by the Spanish colonizers. The feature is completely covered by trees, which is consistent with this being an old structure.

Aurania said that the feature may require further study by the National Institute of Cultural Heritage of Ecuador once the area is accessible following the pandemic.

“We are making good use of our time during the COVID-related shutdown to take a very close look at our LiDAR data and integrate it with our large geophysics and geochemistry databases,” Barron told shareholders.

The company has prepared a protocol outlining its plans to return to work for review by the Ecuadorian authorities.

Contact Angela at angela@proactiveinvestors.com

Follow her on Twitter @AHarmantas

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Price: 4.3 CAD

Market: TSX-V
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