Aurania Resources Ltd. reports that a new epithermal target with associated gold enrichment in soil over an area of 0.67 square kilometres, has been identified near the Kuri-Yawi target in the company's Lost Cities - Cutucu Project area (Project) in southeastern Ecuador. Sinter blocks and outcrops were found in an area approximately 1 kilometre long at Latorre C target situated immediately north of the Kuri-Yawi targets. Soil sampling returned gold values up to 0.56 grams per tonne ("g/t") in close proximity to the Latorre C sinters. MobileMT geophysical data show that a conductive area is located beneath the sinter area - the conductive area could be due to sulphides in an epithermal system. In exploration for epithermal gold-silver in an area dominated by silica terraces, and where the target mineralization is "blind" and covered, the goal is to find the actual geyser conduit where boiling water or steam would have escaped to the surface. This is the plumbing system which would have transitioned downward to open fractures, which over time would be filled in by minerals to form veins. The hottest part of the system, where the vent is located, is too hostile environment for life, other than bacteria, to thrive. The hot water that is ejected can travel considerable distances downslope away from the vent, supporting more diverse life-forms and depositing silica as it cools. Silica-encrusted bacterial formations, algal mats and reed or bullrush impressions in silica will indicate where are in relation to the vent. A close examination of the sinter fossils allows one to vector into the geyser vent, which can be a drill target. Silica-encrusted, fossilized features have been used to partially reconstruct the sinter platforms to identify the likely position of buried silica veins at Latorre C. Three core areas have been identified. These targets are prioritized on the basis of support from other datasets, including soil geochemistry and MobileMT geophysics. MobileMT data show a weakly conductive zone lying beneath the sinter area that could be due to limited sulphide content typical of low sulphidation epithermal systems. Soil samples taken from a soil grid returned gold values up to 0.56g/t in the vicinity of the sinter centres.