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Aurania Resources Ltd.

10:44 AM EST - Aurania Resources Ltd. : Reported the discovery of a new epithermal zone some eight kilometres south of the "Crunchy Hill" area. The new discovery, named "Yawi" means "thermal spring" or "area with hot water" in the local Shuar language. In addition, two diatremes (breccia bodies) have been found in nearby outcrop, and presumably there is a geological connection between the diatremes and the mineralization. Rocks in the area are clay- and sericite-altered and preliminary XRF (x-ray fluorescence) analysis indicates anomalously high levels of mercury and arsenic in selected samples. These are natural pathfinder elements for precious metals and can be used to vector in to the mineralization. Aurania Resources Ltd. shares V.ARU are trading unchanged at $1.98.