­ Aurania Resources Ltd. reported that its on-going MobileMT geophysical survey has clearly defined a target that has the characteristics of a porphyry at its Yawi target in the Company's Lost Cities ­ Cutucu Project ("Project") in southeastern Ecuador. Porphyries constitute the large source of copper worldwide. The exploration concept derived from the field work and scout drilling was that the porphyry fragments were plucked from a porphyry at depth ­ and the electrically conductive feature identified in the MobileMT data immediately southwest of the diatreme - looks very much like a porphyry. The finger- like conductive area shown in the vertical profile through the MobileMT data shows a feature that looks like the sulphide-bearing core of a porphyry with a resistive cap (Figure 2b) that could be due to widespread silica flooding that could be related with an epithermal system. Profile 1 (Figure 2a), located approximately 800m from Profile 2, shows a more conductive zone extending upwards through the resistive cap; this could be due to the presence of conductive sulphides within the resistive, possibly silica-flooded cap, and represents a target for epithermal-style gold-silver mineralization. The MobileMT has defined other targets in the Yawi area, details of which will be press released when the survey has been extended to fully cover these targets, and when all of the exploration data sets have been integrated in those areas. The east-west profiles shown in Figure 2 are compiled from data measured along north-south orientated lines that were flown at a spacing of 200m to 400m between lines. The Company intends to fly east-west lines so as to obtain more detailed resolution in the target area. The heliborne MobileMT is currently being flown in the central part of Tiria-Shimpia. The MobileMT survey is being undertaken by MPX Geophysics Ltd. in association with Expert Geophysics Limited, both of Toronto, Canada.