VANCOUVER (miningweekly.com) – Junior explorer Aurania Resources is hot in pursuit of finding the last two of seven ‘lost cities’ in Ecuador abandoned by the Spanish conquistadors centuries ago.
With the Toronto-headquartered company on the cusp of closing a C$6-million financing led by Maison Placements Canada and Red Cloud Klondike Strike, Aurania’s president and CEO Dr Keith Barron is gearing up to head back to Ecuador in search of the lost gold mines that supported the Spanish settlements, and possibly local tribes, long before the Spanish explorers arrived.
Barron, who is also the founder of Aurelian Resources, is credited with being the geologist who discovered the Fruta del Norte deposit – one of Ecuador’s biggest gold discoveries that later sold for $1.2-billion and is currently under development by Lundin Gold – and is quick to point out to Mining Weekly Online during an interview that he is not on a Hollywood-style treasure hunt, based on some wild-eyed prospector holding a fragment of an old map, or who overheard a conversation in a bar.
As history states, there were seven prominent gold mining cities in Ecuador in the days of the conquistadors, and while five have been rediscovered, two, Logroño de los Caballeros and Sevilla del Oro are still ‘lost’.
Today, there are hundreds of historic and contemporary documents that prove that Logroño de los Caballeros and Sevilla del Oro existed, that they produced gold and that they are now lost somewhere in the Cordillera de Cutucu, Barron stated.
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