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Five-hundred year old colonial gold trail uncovered in Ecuador

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(Kitco News) - Ecuador exploration company Auriana Resources (CVE: ARU) said today that it found a centuries-old trail that may have linked two gold mining centers.

The road, located in southeastern Ecuador, was discovered by Aurania's field teams. The group was searching for Sevilla de Oro, one of two gold mining centers described in historical manuscripts from Ecuador, Peru, Spain and the Vatican.

The company said records indicate Spanish colonizers operated the two gold mines between approximately 1565 and 1606.

Auriana said that the road discovered by its exploration teams is believed to be the one that linked Sevilla de Oro to the other gold mining centre 'Logroño de los Caballeros' as described in the historic manuscripts. Aurania's Chairman and CEO, Keith Barron, doesn't anticipate finding any old ruins.

"The historical record names the Treasurers of the "Caja Reales" – the Royal Treasuries – in Sevilla and Logroño, so we know that the gold produced was cast into crude ingots for transport to Quito," said Barron. 

"We always presumed that these ingots would have been transported by horse or donkey along a well-traveled route from the mines. It appears that we have come across one of these trails, though it is cut by more recent landslides at both ends.

"Our LiDAR survey should pick up the continuations of the trail and its termination at the historical mine sites. We do not anticipate the discovery of any ruined buildings, though the discovery of dressed stone along the trail is perhaps significant and suggests that the Spaniards attempted to build a stone Caja Real as they had done in other locations in Ecuador, but that the dressed stone was dropped on the road along the way."

The company said it will continue mapping out the length of the road.

Auriana is a junior exploration company focused on the eastern foothills of the Andes mountain range of southeastern Ecuador.

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

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