Aurania Resources Ltd. on geophysical modelling that has refined the shape of the Tatasham target, a feature that has characteristics of a porphyry, a deposit type that contains over half of the world s copper resources. Tatasham is located near the western margin of the Company's Lost Cities Cutucu Project area (Project) in southeastern Ecuador. The core of the Tatasham target is a magnetic cylinder 3km-4km in diameter that is partially enclosed by a conductive zone derived from a totally different dataset MobileMT. This geophysical model is consistent with a magnetic porphyry at the centre with an adjacent sulphide-bearing conductive zone where mineralization is typically located. Drilling is planned for the fourth, 2021. Details of the drilling, in terms of metreage and number of planned holes, will be announced in due course. Original processing of magnetic data from the 2017 geophysical survey showed the Tatasham magnetic feature (negative reduction to the pole) having a diameter of over 10km the large in the Project area. Refined processing of the magnetic data by three-dimensional magnetic vector inversion has resulted in a better-defined, smaller magnetic feature that is 3km-4km in diameter. In addition, three-dimensional inversion of MobileMT data has refined the location of conductive areas that are consistent with geological data.