TSX-V: AU ST. JOHN'S, April 24, 2019 /CNW/ - Aurion Resources Ltd. reports it has signed an earn-in option and JV agreement with Strategic Resources Inc. in respect of the Company's wholly owned non-core Silasselkä Vanadium Project located in northern Finland. Aurion will grant Strategic the irrevocable and exclusive option to acquire up to a 100% interest in the Silasselkä Project by paying C$500,000 cash [...]
JOHN’S, Newfoundland, April 10, 2019 -- Aurion Resources Ltd. is pleased to announce that it has completed its previously announced bought deal private placement , including the exercise in full of the underwriter’s option, and its non-brokered private placement of an aggregate of 6,166,300 common shares of the Company at a price of C$1.05 per Common Share , for aggregate gross proceeds of C$6,474,615. Bought [...]
TSX-V: AU ST. JOHN'S, April 1st, 2019 /CNW/ - Aurion Resources Ltd. is pleased to announce a non-brokered private placement of common shares by Kinross Gold Corp. . Kinross has agreed to exercise its pro rata right to purchase up to an additional 690,000 common shares at a the price of C$1.05 per Common Share for gross proceeds of up to $724,500 , such that on closing of both of the previously announced "bought deal [...]
JOHN’S, Newfoundland, March 18, 2019 -- Aurion Resources Ltd. is pleased to announce that it has entered into an agreement with Haywood Securities Inc. as lead underwriter on behalf of a syndicate of underwriters , whereby the Underwriters have agreed to purchase, on a “bought deal” private placement basis, 4,762,000 common shares of the Company, at a price of C$1.05 per Common Share , for gross proceeds [...]
TSX-V: AU ST. JOHN'S, March 13, 2019 /CNW/ - Aurion Resources Ltd. provides an update on the recently completed 12,000 m drilling campaign at the Aamurusko and Notches prospects on its Risti Project in northern Finland. Highlights New near-surface gold intercepts extend Aamurusko mineralized shoot to 100 m strike 23.40 g/t Au over 0.50 m intersected in drillhole AM19080 at Aamuursko 24.80 g/t Au over 0.50 m intersected [...]
ST. JOHN'S, Feb. 12, 2019 /CNW/ - Aurion Resources Ltd. is pleased to report on the recent discovery of widespread gold mineralization at its 100% owned Launi East Project in northern Finland. Highlights: 399 rock samples collected over a 2.0 km2 area average 2.47 g/t Au Local visible gold in rocks assaying up to 379.0 g/t Au Individual veins can be traced for > 100 m in bedrock No documented history of mineral [...]
ST. JOHN'S, Feb. 5, 2019 /CNW/ - Aurion Resources Ltd. is pleased to report new high-grade assay results in drilling at the Aamurusko prospect on its Risti Project in northern Finland. Highlights Two of the first three 2019 drillholes intersected high-grade gold mineralization near surface 42.28 g/t Au over 4.00 m intersected in drillhole 82 24.50 g/t Au over 4.75 m intersected in drillhole 81, approximately 56 m east [...]
ST.JOHN'S, Jan. 14, 2019 /CNW/ - Aurion Resources Ltd. reports that drilling has recommenced at the Aamurusko prospect at its Risti Project in northern Finland. Highlights 65 drillholes completed to date at Aamurusko 56 drillholes intersected gold mineralization 20 individual drill intercepts > 5.0 g/t Au 11 individual intercepts > 15.0 g/t Au Coherent mineralized shoot appears to be developing Summary A total of 65 [...]
ST. JOHN'S, Dec 17, 2018 /CNW/ - Aurion Resources Ltd. is pleased to provide an update on trenching results at its Risti Project in northern Finland. Highlights: 109.5 g/t Au over 0.25 m in channel samples at Notches 14.78 g/t Au over 0.73 m and 17.55 g/t Au over 0.6 m in channel samples at YNot A new style of gold mineralization assaying up to 3.2 g/t Au over 4.4 m discovered at Notches 28 angular, unsourced boulders [...]
ST. JOHN'S, Dec 11, 2018 /CNW/ - Aurion Resources Ltd. is pleased to provide an update on drilling results at Aamurusko on its Risti Project in northern Finland. Highlights 17.1 g/t Au over 1.80 m in drillhole 75, 80 m down plunge of drillhole 42 2.0 m of an 8.2 m wide vein in drillhole 77 contained visible gold 25 m up plunge of hole 42 Gold mineralization with an apparent steeply dipping shoot geometry has been [...]
ST. JOHN'S, Oct. 22, 2018 /CNW/ - Aurion Resources Ltd. is pleased to provide an update on its surface exploration and drilling program at its Risti Project in northern Finland. Summary Hole 51, 25m down dip of Hole 42 encountered a vein which assayed 17.5g/t Au over 1.1m at the Aamurusko Main target 10 drillholes within the vicinity of Hole 42 have been drilled to date, 5 have assays pending Diamond drilling continues [...]
TSX-V: AU ST. JOHN'S, Oct. 2, 2018 /CNW/ - Aurion Resources Ltd. is pleased to report that a new zone of gold mineralization has been discovered in bedrock at Risti. The "YNot" Prospect is located approximately 3.6 km Northwest of Aamurusko and comprises an east-west trending zone of quartz veins and associated extensional/stockwork veining hosted by siliceous sandstone. Mechanical trenching has exposed a zone of quartz [...]