First exotic, then success
Aurania Resources is pursuing a somewhat unusual project. The still young exploration company focuses on copper and precious metals. And in particular to its Lost Cities-Cutucu project in the Andes in southeastern Ecuador. The project seems like a kind of treasure hunt, as its story begins with a university professor, an old map and two geologists in a bar.
But here not only historical research, but also modern exploration techniques can lead to success. And this appears to be true as Aurania Resources has already found up to 12 percent copper and 166 grams silver per ton of rock in samples (Kirus target). And this is not the first target investigated on the Lost Cities Cutucu project that has led to extremely gratifying results. High grade silver and copper mineralization (up to seven percent copper, 70 grams silver per ton of rock) has also been identified in the Tsenken target area.
Companies operating in the cannabis sector are no longer exotic, as this is a fast-growing market that is attracting more and more companies and investors. Estimates for the global market by the year 2024 are even for up to an enormous 63.5 billion US dollars. In California alone, business with the cannabis plant is expected to grow to seven billion US dollars per year by 2020.
High-quality companies such as RavenQuest BioMed should benefit particularly from the trendy raw material cannabis and be able to do good business. State-licensed, RavenQuest BioMed holds cultivation licences such as those in Edmonton. Every year, around 11,000 kilograms of cannabis can be produced here. Of the production in 2019, 8,000 kilograms have already been sold, and a further supply agreement is expected.
Current corporate information and press releases from Aurania Resources (https://www.resource-capital.ch/en/companies/aurania-resources-ltd.html) and RavenQuest BioMed (https://www.resource-capital.ch/en/companies/ravenquest-biomed-inc.html).
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