A Canadian mineral company has declared that it has discovered a “lost city of gold” in South America.
The lost city of Logroño de los Caballeros is thought by some to be the site of an ancient gold camp.
“Metron is pleased to have helped find the historic gold city of Logroño de los Caballeros,” Dr. Lawrence Stone, chief scientist of Metron Incorporated, which worked with the mineral company Aurania, stated. “The success of this effort is another example of the power of Bayesian search theory, which has been used to find sunken ships and aircraft as well as vessels and people missing at sea.”
The companies propound that the city of Logroño de los Caballeros was found in Ecuador.
“Aurania is now on the hunt to find Logroño’s source of gold within its Lost Cities,” the Aurania website explains, adding, “Logroño de los Caballeros was one of seven historic mining areas operating during the time of the Spanish conquistadors in the land that became Ecuador. Its geographic location and that of a second site, Sevilla del Oro, have been lost over time.”
Metron works with “applied mathematics, statistical inference, operations research, physical modeling, signal processing, autonomy, and software development,” its website states. The company used “probability maps for the Lost Cities and likelihood ratio surfaces showing potential locations for deposits of copper, silver, and gold” in its collaboration.
Some of the ancient used information by Metron to pinpoint the valley of the Rio Santiago as Logroño included Juan Lopez de Avendaño’s 1588 report that Logroño was half a league from the Rio Zamora and a 1684 report found in the Vatican from a Jesuit priest who alleged an elderly woman said she recalled hearing the church bells of Logroño from her village when she was a child.
“More than four hundred years have passed since Spanish activity at Logroño ceased, and even though many of the records have been lost, what survives is a compelling narrative of gold mining in what would have been one of the most remote and isolated areas on Earth,” Dr. Keith Barron, President and CEO of Aurania, noted.
Barron met Dr. Octavio Latorre Tapia, a professor lecturing at the Universidad Internacional in Quito in the late 1990’s. The Ecuadorian government had hired Tapia to perform archival research to find find lost gold settlements and mines. “Octavio disclosed to Dr. Barron that his research had uncovered two lost gold settlements (described optimistically by the Spanish as ‘Cities’) that had still not been relocated: Logroño de los Caballeros, and Sevilla del Oro,” Aurania writes.
