Aurania Resources Ltd. reports that drilling successfully intersected the targeted silver-zinc mineralized layer at Tiria-Shimpia in drill hole SH-004 and assays are awaited. Progress is also being made with exploration for sediment-hosted copper at the Tsenken target in the Company's Lost Cities - Cutucu Project area ('Project') in southeastern Ecuador. Copper has been intersected in several sedimentary layers and targets were refined during a week-long site visit by a specialist in sediment-hosted copper, zinc and lead, Professor Gregor Borg, his third visit to the Project. A breakthrough has been made in the exploration for sediment-hosted copper with the recognition, confirmed and elaborated on by Prof. Borg, of evidence for evaporite layers, which contain salt and sulphates, within the red-beds at Tsenken and in the limestones at Tiria-Shimpia. Evaporites are the end products of evaporation of saline lakes in desert conditions. A modern analogue would be Israel's Dead Sea. Evaporites are critical in company's model to the formation of copper, silver and zinc deposits, as described below. TSN1-008 has been completed and drill hole TSN1-009 is scheduled to start within days. Final results have been received for TSN1-007. Results and their context are as follows: Hole TSN1-007: Hole TSN1-007 confirms continuity of mineralization from surface to depth. The grade of a mineralized sedimentary layer that lies adjacent to an evaporite-related unit at surface, was 1.9% copper and 3 grams per tonne ('g/t') silver and the same layer, intersected at 157m down-hole, contains 0.5% copper over an interval of 1.7 metres ('m').