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Release – Labrador Gold Announces High-Grade Gold and Copper Assays From Hopedale Project Including 21.59 g/t Au From TD500 and 10.2% Cu From Kaapak

Posted on January 19, 2023January 20, 2023 by aweinsoff@channelchek.com

TORONTO, Jan. 19, 2023 (GLOBE NEWSWIRE) — Labrador Gold Corp. (TSX.V:LAB | OTCQX:NKOSF | FNR: 2N6) (“LabGold” or the “Company”) is pleased to announce results of prospecting and channel sampling at the Florence Lake Greenstone Belt on its Hopedale Project in Labrador.

Highlights of the exploration include high-grade copper and gold in rock from both grab and channel samples from the northernmost (Thurber Dog) license. Previous work by LabGold and others in this area has outlined significant gold in rock and soil over a 3km strike length, including four discrete mineralized occurrences: Thurber North up to 3.8 g/t Au; TD500 up to 21.59 g/t Au; Thurber Dog up to 11.4 g/t Au; Thurber South up to 4.1 g/t Au (Figure 1).

Follow up sampling at the TD500 gold occurrence returned gold values from grab samples ranging from 0.46 g/t to 21.59 g/t Au. The showing was channel sampled along eight channels over a strike length of approximately 60 metres. Gold varies from below detection limit (<5ppb) to 14.02 g/t with 48 samples assaying greater than 100ppb (0.1g/t) Au that includes 19 samples greater than 1 g/t Au. Highlights of the channel samples include 2.91 g/t Au over 5.17m including 14.02 g/t over 0.61m, 2.35 g/t Au over 6.88m and 4.23 g/t over 5.04m.

Shear hosted gold mineralization at TD500 has now been uncovered over a 35m strike length and occurs in quartz veins and disseminated in the host rocks close to the contact between mafic volcanic and metasedimentary rocks. Pyrite and arsenopyrite are commonly associated with the gold mineralization.

Grab samples from the copper occurrence (Kaapak) ranged from 131 ppm to 10.2% Cu, with seven of the nine samples assaying over 1% Cu. Elevated silver in these samples ranged from 0.2 to 9.8 g/t Ag. The showing was channel sampled along eight channels over a strike length of approximately 50 metres. Results showed copper values ranging from 18ppm to 3.31% and silver values from 0.1 to 2 g/t. Highlights include 3.31% Cu over 0.76m, 2.4% Cu over 0.6m and 1.55% Cu over 1m. Summaries of assay highlights are given in Tables 1 and 2.

Copper is present as disseminated to locally semi-massive chalcopyrite and lesser malachite associated with quartz veins close to the contact with mafic and ultramafic volcanic rocks.

Sample ID	Area/Occurrence	Au ppb	Ag ppm	Cu ppm	Cu %
751071	Kaapak	13	0.2	228	–
751072	Kaapak	47	2	10,000	7
751073	Kaapak	27	1.5	10,000	4.91
751074	Kaapak	121	9.8	10,000	4.15
751075	Kaapak	19	2.4	10,000	2.01
751107	Kaapak	30	0.7	10,000	1.17
751108	Kaapak	81	2.3	10,000	10.2
751111	Kaapak	2.5	0.3	131	–
751112	Kaapak	21	3.7	10,000	2
751084	TD500	3,192	0.1	16	–
751086	TD500	5,696	0.7	238	–
709102	TD500	12,568	0.7	93	–
709103	TD500	3,056	0.3	51	–
709104	TD500	1,341	0.1	30	–
833017	TD500	1,548	1.6	367	–
833016	TD500	21,587	1.2	126	–
833013	TD500	1,258	0.7	305	–
833011	TD500	8,049	0.7	117	–
833010	TD500	14,291	0.8	145	–
833009	TD500	6,269	0.5	113	–
833008	TD500	4,615	0.7	103	–
833007	TD500	3,987	0.9	67	–
833006	TD500	2,890	0.9	30	–
833003	TD500	1,349	0.8	112	–
751084	TD500	3,034	0.1	16	–
751086	TD500	6,699	0.7	238	–
709102	TD500	11,484	0.7	93	–
709103	TD500	4,706	0.3	51	–
709104	TD500	1,352	0.1	30	–

Table 1. Highlights of rock (grab) sampling from Kaapak and TD500.

Channel ID	Occurrence	from (m)	to (m)	width (m)	Cu (%)
HPD-22-20	Kaapak	0.94	1.70	0.76	3.31
HPD-22-21	Kaapak	0.00	0.60	0.60	2.40
HPD-22-23	Kaapak	0.00	0.60	0.60	1.08
HPD-22-24	Kaapak	0.00	1.50	1.50	1.09
including		0.50	1.50	1.00	1.55
HPD-22-25	Kaapak	0.00	1.19	1.19	1.14
including		0.00	0.81	0.81	1.48
and		0.48	0.81	0.33	1.59
Channel ID	Occurrence	from (m)	to (m)	width (m)	Au (g/t)
HPD-22-10	TD500	3.03	8.2	5.17	2.91
including		6.37	8.2	1.83	7.21
including		6.37	6.98	0.61	14.02
HPD-22-11	TD500	7.92	14.8	6.88	2.35
including		8.96	10.08	1.12	3.42
and		11.73	12.65	0.92	4.1
and		13.87	14.8	0.93	7.56
HPD-22-12	TD500	6.5	11.54	5.04	4.23
including		6.6	9.9	3.3	6.08
including		7.87	8.95	1.08	7.74
HPD-22-13	TD500	2.86	3.94	1.08	1.49
HPD-22-14	TD500	1.05	3.12	2.07	2.93
HPD-22-15	TD500	1.02	5.72	4.7	1.59
including		1.02	3.25	2.23	3.05
including		2.01	3.25	1.24	4.21
HPD-22-17	TD500	0	0.65	0.65	8.14

Table 2. Highlights of channel sample results from Kaapak and TD500.
While true widths have not been calculated, channels were cut as close to
perpendicular to strike as possible so the reported widths are expected to be close to true widths.

“While our focus continues to be our ongoing drilling at Kingsway, our exploration programs at Hopedale continue to turn up excellent results. The three kilometre “Thurber Dog trend” of significant gold mineralization that includes the four discrete gold occurrences is a compelling target for future work with the potential for further discovery,” said Roger Moss, President and CEO. “Our initial work at the Kaapak copper occurrence has demonstrated high grade copper that needs follow up to determine its true extent. In addition, based on LabGold’s initial work in the southern portion of the property, there appears to be potential for nickel mineralization associated with ultramafic rocks in the region.”

Figure 1. Gold in rock samples defining an anomalous trend over three kilometres in the Thurber Dog area.

Figure 2. Gold in channel samples at the TD500 showing.

Figure 3. Copper in channel samples at the Kaapak showing.

QA/QC

All rock samples were securely stored prior to shipping to Eastern Analytical Laboratory in Springdale, Newfoundland for assay. Eastern Analytical is an ISO/IEC17025 accredited laboratory. Samples were analyzed for gold by standard 30g fire assay with atomic absorption finish as well as by ICP-OES for an additional 34 elements. Samples with fire assay results greater than 1g/t Au were reassayed by metallic screen/fire assay. Overlimit copper samples were re-assayed by atomic absorption. The company submits blanks and certified reference standards at a rate of approximately 5% of the total samples in each batch.

Qualified Person
Roger Moss, PhD., P.Geo., President and CEO of LabGold, a Qualified Person in accordance with Canadian regulatory requirements as set out in NI 43-101, has read and approved the scientific and technical information that forms the basis for the disclosure contained in this release.
The Company gratefully acknowledges the Newfoundland and Labrador Ministry of Natural Resources’ Junior Exploration Assistance (JEA) Program for its financial support for exploration of the Kingsway property.

About Labrador Gold
Labrador Gold is a Canadian based mineral exploration company focused on the acquisition and exploration of prospective gold projects in Eastern Canada.

Labrador Gold’s flagship property is the 100% owned Kingsway project in the Gander area of Newfoundland. The three licenses comprising the Kingsway project cover approximately 12km of the Appleton Fault Zone which is associated with gold occurrences in the region, including those of New Found Gold immediately to the south of Kingsway. Infrastructure in the area is excellent located just 18km from the town of Gander with road access to the project, nearby electricity and abundant local water. LabGold is drilling a projected 100,000 metres targeting high-grade epizonal gold mineralization along the Appleton Fault Zone with encouraging results. The Company has approximately $18 million in working capital and is well funded to carry out the planned program.

The Hopedale property covers much of the Florence Lake greenstone belt that stretches over 60 km. The belt is typical of greenstone belts around the world but has been underexplored by comparison. Work to date by Labrador Gold show gold anomalies in rocks, soils and lake sediments over a 3 kilometre section of the northern portion of the Florence Lake greenstone belt in the vicinity of the known Thurber Dog gold showing where grab samples assayed up to 11.4 g/t gold. In addition, anomalous gold in soil and lake sediment samples occur over approximately 40 km along the southern section of the greenstone belt. Labrador Gold now controls approximately 40km strike length of the Florence Lake Greenstone Belt.

The Company has 170,009,979 common shares issued and outstanding and trades on the TSX Venture Exchange under the symbol LAB.

For more information please contact:
Roger Moss, President and CEO Tel: 416-704-8291

Or visit our website at: www.labradorgold.com

Twitter @LabGoldCorp

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release .

Forward-Looking Statements: This news release contains forward-looking statements that involve risks and uncertainties, which may cause actual results to differ materially from the statements made. When used in this document, the words “may”, “would”, “could”, “will”, “intend”, “plan”, “anticipate”, “believe”, “estimate”, “expect” and similar expressions are intended to identify forward-looking statements. Such statements reflect our current views with respect to future events and are subject to risks and uncertainties. Many factors could cause our actual results to differ materially from the statements made, including those factors discussed in filings made by us with the Canadian securities regulatory authorities. Should one or more of these risks and uncertainties, such as actual results of current exploration programs, the general risks associated with the mining industry, the price of gold and other metals, currency and interest rate fluctuations, increased competition and general economic and market factors, occur or should assumptions underlying the forward looking statements prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, or expected. We do not intend and do not assume any obligation to update these forward-looking statements, except as required by law. Shareholders are cautioned not to put undue reliance on such forward-looking statements.

Photos accompanying this announcement are available at:

https://www.globenewswire.com/NewsRoom/AttachmentNg/d3100347-713c-481d-9b52-de9edc54092c

https://www.globenewswire.com/NewsRoom/AttachmentNg/df0a9db6-b8ab-407b-8b10-0b9f10ef1d22

https://www.globenewswire.com/NewsRoom/AttachmentNg/08572691-f19a-4bc5-b7d2-c520120ba70a

Release – Defense Metals Corp. Announces Appointment of new Director to the Board

Posted on January 11, 2023January 11, 2023 by aweinsoff@channelchek.com

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Jan 11, 2023, 09:00 ET

VANCOUVER, BC, Jan. 11, 2023 /PRNewswire/ – Defense Metals Corp. (“Defense Metals” or the “Company“) (TSXV: DEFN) (OTCQB: DFMTF) (FSE: 35D) is pleased to announce the appointment of Len Clough to the board of directors.

Craig Taylor, CEO of Defense Metals commented:

“Len Clough brings a wealth of capital markets experience to Defense Metals and we look forward to working with him as we continue to advance the Wicheeda Rare Earth Elements project.”

Mr. Clough began his career at RBC Dominion Securities in 1998 and spent 13 years in investment management. In 2013, he founded Toro Pacific Management, a capital markets advisory firm focusing on high growth, early stage companies looking to access the Canadian capital markets. Mr. Clough has extensive public company management experience and has worked in senior management roles including CEO and as a director of several issuers. Toro Pacific Management has an extensive financial network and has been directly involved in the capital formation exceeding $100m in aggregate across various sectors.

Mr. Clough commented:

“It is with great pleasure that I join Defense Metals Corp. at such a significant point of inflection. With rare earth elements being so integral to the new era of electrification, I see a great opportunity with the Wicheeda Rare Earth Elements Project, especially as the Western world looks to diversify its REE sources away from China.”

Concurrent with his appointment, the Company has granted incentive stock options to Mr. Clough to purchase up to 400,000 common shares of the Company at a price of $0.24 per common share for a period of three (3) years. The Company also granted incentive stock options to certain of its consultants to purchase an aggregate of up to 400,000 common shares of the Company having the same terms. The options fully vested on the date of grant.

The Company also wishes to thank Max Sali, who did not seek re-election at the recently held annual general and special meeting of shareholders, for his services and contribution to Defense Metals since inception. We wish Max continued success in his current and future endeavors.

About the Wicheeda REE Property

The 100% owned 4,244-hectare Wicheeda REE Project, located approximately 80 km northeast of the city of Prince George, British Columbia, is readily accessible by all-weather gravel roads and is near infrastructure, including power transmission lines, the CN railway, and major highways.

The Wicheeda REE Project yielded a robust 2021 preliminary economic assessment technical report (PEA) that demonstrated an after-tax net present value (NPV@8%) of $517 million, and 18% IRR¹. A unique advantage of the Wicheeda REE Project is the production of a saleable high-grade flotation-concentrate. The PEA contemplates a 1.8 Mtpa (million tonnes per year) mill throughput open pit mining operation with 1.75:1 (waste:mill feed) strip ratio over a 19 year mine (project) life producing and average of 25,423 tonnes REO annually. A Phase 1 initial pit strip ratio of 0.63:1 (waste:mill feed) would yield rapid access to higher grade surface mineralization in year 1 and payback of $440 million initial capital within 5 years.

Qualified Persons

The scientific and technical information contained in this news release as it relates to the Wicheeda REE Project has been reviewed and approved by Kristopher J. Raffle, P.Geo. (BC) Principal and Consultant of APEX Geoscience Ltd. of Edmonton, AB, a director of Defense Metals and a “Qualified Person” as defined in NI 43-101. Mr. Raffle verified the data disclosed which includes a review of the sampling, analytical and test data underlying the information and opinions contained therein.

About Defense Metals Corp.

Defense Metals Corp. is a mineral exploration and development company focused on the acquisition, exploration and development of mineral deposits containing metals and elements commonly used in the electric power markets, defense industry, national security sector and in the production of green energy technologies, such as, rare earths magnets used in wind turbines and in permanent magnet motors for electric vehicles. Defense Metals owns 100% of the Wicheeda Rare Earth Element Deposit located near Prince George, British Columbia, Canada. Defense Metals Corp. trades in Canada under the symbol “DEFN” on the TSX Venture Exchange, in the United States, under “DFMTF” on the OTCQB and in Germany on the Frankfurt Exchange under “35D”.

For further information, please contact:

Todd Hanas, Bluesky Corporate Communications Ltd.
Vice President, Investor Relations
Tel: (778) 994 8072
Email: todd@blueskycorp.ca

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.

^{_________________________________}¹ Independent Preliminary Economic Assessment for the Wicheeda Rare Earth Element Project, British Columbia, Canada, dated January 6, 2022, with an effective date of November 7, 2021, and prepared by SRK Consulting (Canada) Inc. is filed under Defense Metals Corp.’s Issuer Profile on SEDAR (www.sedar.com).

Cautionary Statement Regarding “Forward-Looking” Information

This news release contains “forward–looking information or statements” within the meaning of applicable securities laws, which may include, without limitation, statements relating to the expected outcomes and benefits of the appointment of Mr. Clough as a director, the Wicheeda project, the technical, financial and business prospects of the Company, its project and other matters. All statements in this news release, other than statements of historical facts, that address events or developments that the Company expects to occur, are forward-looking statements. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in the forward-looking statements. Such statements and information are based on numerous assumptions regarding present and future business strategies and the environment in which the Company will operate in the future, including the price of rare earth elements, the anticipated costs and expenditures, the ability to achieve its goals, that general business and economic conditions will not change in a material adverse manner, that financing will be available if and when needed and on reasonable terms. Such forward-looking information reflects the Company’s views with respect to future events and is subject to risks, uncertainties and assumptions, including the risks and uncertainties relating to the interpretation of exploration results, risks related to the inherent uncertainty of exploration and cost estimates, the potential for unexpected costs and expenses and those other risks filed under the Company’s profile on SEDAR at www.sedar.com. While such estimates and assumptions are considered reasonable by the management of the Company, they are inherently subject to significant business, economic, competitive and regulatory uncertainties and risks. Factors that could cause actual results to differ materially from those in forward looking statements include, but are not limited to, continued availability of capital and financing and general economic, market or business conditions, adverse weather and climate conditions, failure to maintain or obtain all necessary government permits, approvals and authorizations, failure to maintain community acceptance (including First Nations), risks relating to unanticipated operational difficulties (including failure of equipment or processes to operate in accordance with specifications or expectations, cost escalation, unavailability of personnel, materials and equipment, government action or delays in the receipt of government approvals, industrial disturbances or other job action, and unanticipated events related to health, safety and environmental matters), risks relating to inaccurate geological and engineering assumptions, decrease in the price of rare earth elements, the impact of Covid-19 or other viruses and diseases on the Company’s ability to operate, an inability to predict and counteract the effects of COVID-19 on the business of the Company, including but not limited to, the effects of COVID-19 on the price of commodities, capital market conditions, restriction on labour and international travel and supply chains, loss of key employees, consultants, or directors, increase in costs, delayed drilling results, litigation, and failure of counterparties to perform their contractual obligations. The Company does not undertake to update forward–looking statements or forward–looking information, except as required by law.

SOURCE Defense Metals Corp.

Release – Aurania Comments on Tatasham Drilling Campaign In Ecuador

Posted on January 10, 2023January 10, 2023 by aweinsoff@channelchek.com

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Toronto, Ontario, January 9, 2023 – Aurania Resources Ltd. (TSXV: ARU; OTCQB: AUIAF; Frankfurt: 20Q) (“Aurania” or the “Company”) reports that the diamond drilling campaign at the Company’s Tatasham target in southeastern Ecuador, resumed after a holiday break. The initial drill hole (TT-001) was completed before the break in late 2022 at a final depth of 567.52 metres and a second drill hole (TT-002) was completed yesterday at a depth of 337.29 metres. A total of four holes are currently planned at Tatasham.

TT-001 intersected two zones of silicification and silica replacement with potassic alteration over 37 metres and 30 metres (core length) respectively between two fault zones. In addition, just prior to the holiday break, a zone interpreted as high-level siliceous sinter and breccia was discovered by prospecting (see six images below). This zone lies in front of the platform where TT-001 was drilled and was only found after a tumbled down float near the platform was traced to a cliff face almost vertically above the drill. This was very fortuitous since prospecting the steep cliff face was deemed impractical for safety reasons. The outcropping cliff face will be closely examined by geologists with the use of ropes and safety harnesses in the coming month.

TT-002 intersected a zone of intense silicification over more than 60 metres (core length), surrounding a zone with hydrothermal breccias and local chalcedonic veins. In addition to these characteristic epithermal textures, the altered rock in TT-002 has abundant disseminated sulphides locally accompanied by replaced lattice bladed calcite textures.

The strike length of the entire zone of interest is circa 4 kilometres and remains open to the north. The distance between TT-001 and TT-002 is 2.1 kilometres.

Rock and drill core samples have been sent to the laboratory for assay; no assays have been received from the lab as of this time.

Soil samples at Tatasham exhibit low-level anomalies for typical epithermal pathfinder elements As, Sb, Mo, Tl, Se, and high for Hg and Pb. These are mostly one station anomalies with the exception of a coherent Sb, Tl, Mo, Pb and Se anomaly, northwest of the sinter on the ridge line. Gold is uniformly low. Due to the terrain, the area has only been sparsely sampled, and it has not been previously sampled near the sinter.

A PIMA (Terraspec portable infra-red mineral analyzer) assessment of alteration minerals from a mapping campaign performed over Tatasham prior to drilling delineated a north-south oriented zone of silicification on surface, within a high temperature illite clay alteration envelope. Further from the axis of the zone, the presence of pervasive chlorite indicated propylitic alteration. The mineral “kutnahorite” a rare pink calcium manganese carbonate mineral with magnesium and iron that is a member of the dolomite group, has been found on surface in several places at Tatasham. This is a common gangue mineral at the Fruta del Norte gold mine in Ecuador, currently in production in Ecuador by Lundin Gold, some 100 kilometres distant (Leary et al., 2016).

President and CEO, Dr. Keith Barron commented, “The discovery of Fruta del Norte, of which I was involved, came about from follow-up of three grab samples which were highly anomalous in arsenic (up to 1,895 ppm), antimony (up to 212 ppm) and mercury (up to 27.9 ppm). Gold was very weakly anomalous (up to 0.15 g/t). We did not have access to a PIMA instrument at that time, though later it was found that illite was a common alteration component. Our assessment was that the area represented a leakage zone from a blind target at depth, and that precipitation kinetics meant that the precious metal zone would be decoupled and be deeper beneath the volatile pathfinder elements (As, Hg, Sb). Diamond drilling of the zone resulted in a gold-silver discovery directly beneath a buried sinter. I do not expect high levels of gold in the Tatasham sinter samples.”

Tatasham is both a magnetic anomaly and a mobile magnetotelluric (MobileMT) anomaly, geophysical characteristics common for a combined porphyry-magnetite skarn body but does not outcrop at surface and is buried at unknown depth. The four drill holes planned at Tatasham are designed to test geophysical targets at moderate depth and areas of alteration on surface.

A short video of Aurania’s geologist, Faustino Tsenkush, sampling the sinter at Tatasham can be viewed by clicking on this link.

Image above: Vertical exposure of silicious sinter, hydrothermal breccias, banded chalcedonic quartz in silicified volcanic rock. Located vertically above drill pad for TT-001. Rock hammer for scale.

Click here to watch the short video of Aurania’s geologist sampling the sinter

Figure 1: Hydrothermal breccia disrupting silicified volcanics.

Figure 2: Silicified clasts within breccia.

Figure 3: Opaline white siliceous sinter.

Figure 4: Laminated sinter, brecciated and healed by epithermal banded chalcedonic quartz.

Figure 5: Finely-laminated, siliceous sinter.

Qualified Person

The geological information contained in this news release has been verified and approved by Jean-Paul Pallier, MSc. Mr. Pallier is a designated EurGeol by the European Federation of Geologists and a Qualified Person as defined by National Instrument 43-101, Standards of Disclosure for Mineral Projects of the Canadian Securities Administrators.

About Aurania

Aurania is a mineral exploration company engaged in the identification, evaluation, acquisition and exploration of mineral property interests, with a focus on precious metals and copper in South America. Its flagship asset, The Lost Cities – Cutucu Project, is located in the Jurassic Metallogenic Belt in the eastern foothills of the Andes mountain range of southeastern Ecuador.

Information on Aurania and technical reports are available at www.aurania.com and www.sedar.com, as well as on Facebook at https://www.facebook.com/auranialtd/, Twitter at https://twitter.com/auranialtd, and LinkedIn at https://www.linkedin.com/company/aurania-resources-ltd-.

For further information, please contact:

Carolyn Muir

VP Corporate Development & Investor Relations

Aurania Resources Ltd.

(416) 367-3200

carolyn.muir@aurania.com

Neither the TSX-V nor its Regulation Services Provider (as that term is defined in the policies of the TSX-V) accepts responsibility for the adequacy or accuracy of this release.

Forward-Looking Statements

This news release contains forward-looking information as such term is defined in applicable securities laws, which relate to future events or future performance and reflect management’s current expectations and assumptions. The forward-looking information includes statements about: Aurania’s objectives, goals or future plans, statements, exploration and drilling results, potential mineralization, the corporation’s portfolio, treasury, management team and enhanced capital markets profile, the estimation of mineral resources, exploration, timing of the commencement of operations and estimates of market conditions. Such forward-looking statements reflect management’s current beliefs and are based on assumptions made by and information currently available to Aurania, including the assumption that, there will be no material adverse change in metal prices, all necessary consents, licenses, permits and approvals will be obtained, including various local government licenses and the market. Investors are cautioned that these forward-looking statements are neither promises nor guarantees and are subject to risks and uncertainties that may cause future results to differ materially from those expected. Risk factors that could cause actual results to differ materially from the results expressed or implied by the forward-looking information include, among other things, a failure to obtain or delays in obtaining the required regulatory licenses, permits, approvals and consents, an inability to access financing as needed, a general economic downturn, a volatile stock price, labour strikes, political unrest, changes in the mining regulatory regime governing Aurania, a failure to comply with environmental regulations and a weakening of market and industry reliance on precious metals and copper. Aurania cautions the reader that the above list of risk factors is not exhaustive.