Aurion Resources announces results from remaining 6 of 17 holes drilled at the Aamurusko Prospect at its wholly owned Risti property located in the Central Lapland Greenstone Belt in northern Finland and provides an update on exploration plans. Summary Drilling identifies gold bearing structures in gabbro at Aamurusko Several gold bearing structures were intersected in gabbro, along the interpreted southern domain [...]
Aurion Resources Ltd. announces that the Board of Directors of the Company has authorized the granting of stock options under its Stock Option Plan to purchase 2,105,000 common shares of the Company at an exercise price of $1.35 per share for a five-year term expiring January 24, 2027. The stock options are being granted to certain directors, officers, employees and consultants of the Company. About Aurion Resources Ltd [...]
Aurion Resources Ltd. reports results for 4 holes drilled at the Helmi Discovery on the Aurion-B2Gold Corp. Joint Venture in the Central Lapland Greenstone Belt in northern Finland. Summary Broad zones of consistent gold mineralization extend the Helmi Discovery 1.73 g/t gold over 44.95 m from 109.60 m, including 4.00 g/t Au over 9.20 m. Mineralization extended 90 m down-dip from hole IKK21002 1.42 g/t Au over 30.70 m [...]
Aurion Resources Ltd. announces results from 11 of 17 holes drilled at the Aamurusko Prospect at its wholly owned Risti property located in the Central Lapland Greenstone Belt in northern Finland. Summary High-grade intercepts 70.10 g/t Au over 0.70 m from 76.65 m and 11.99 g/t Au over 2.60 m from 174.70 m, and 27.60 g/t Au over 0.70 m from 23.25 m Multiple broad zones of gold mineralization at the NW and Gap Zones expand [...]
Eight of nine broadly spaced drill holes over 1.3 km strike length intersect significant gold mineralization at Helmi Discovery New drill results include: 1.29 g/t Au over 19.90 m within 0.87 g/t Au over 36.32 m from 75.78 m 250 m step-out from drill hole IKK21003 0.71 g/t Au over 36.00 m from 32.10 m including 3.08 g/t Au over 3.85 m 800 m step-out from drill hole IKK21003 Pending results from 11 holes 5-6 km of [...]
Aurion Resources Ltd. announces that it has completed its previously announced fully marketed private placement and non-brokered private placement , for an aggregate of 18,548,167 common shares of the Company at a price of C$0.90 per Common Share for aggregate gross proceeds of C$16,693,350. Marketed Private Placement Under the Offering, the Company issued an aggregate of 16,666,667 Common Shares at a price of C$0.90 per [...]
Aurion Resources Ltd. is pleased to announce a non-brokered private placement of common shares by Kinross Gold Corporation which, on closing, will enable Kinross to maintain its ownership position of 9.98% of the issued and outstanding common shares of the Company. By news releases dated November 4, 2021 and November 5, 2021, the Company announced a brokered private placement of 15,000,000 Common Shares at a price of [...]
Aurion Resources Ltd. reports that it has signed a formal definitive option agreement with Kinross Gold Corporation ; granting Kinross the right to earn up to an undivided 70% interest in the 54.35 km2, Silaskaira Property, which is located adjacent to the Silasselkä Vanadium project, currently under option to Strategic Resources Inc., and approximately 28 km northwest of Agnico-Eagle's Kittilä Mine. Figures associated [...]
Aurion Resources Ltd. is pleased to announce that due to significant investor demand, the Company has increased the size of its previously announced fully marketed private placement from C$10,000,000 to C$13,500,000 from the sale of up to 15,000,000 common shares of the Company at a price of C$0.90 per Offered Share. Red Cloud Securities Inc. is acting as lead agent and sole bookrunner on behalf of a syndicate of agents [...]
Aurion Resources Ltd. is pleased to announce that it has entered into a letter agreement with Red Cloud Securities Inc. to act as lead agent and sole bookrunner on behalf of a syndicate of agents in connection with a fully marketed, private placement for the sale of up to 11,111,111 common shares of the Company at a price of C$0.90 per Offered Share for gross proceeds of up to C$10,000,000 . The Company has granted to the [...]
Aurion Resources Ltd. reports that it has signed a formal definitive option agreement with B2Gold Corp; granting B2Gold the right to earn up to an undivided 75% interest in the 53 km2, Kuortis Property, which is located approximately 25 km south of Agnico-Eagle's Kittilä Mine and adjacent to the existing JV property with B2Gold. Figures associated with this release can be viewed at the Company's website [...]
Aurion Resources Ltd. reports results from an ongoing exploration program on the Aurion-B2Gold Corp. JV in the Lapland Greenstone Belt in northern Finland. Summary Results from the first three holes of the ongoing 5,000 m drilling campaign have identified a broad zone of gold mineralization along the strike of the geological sequence and domain boundary that hosts several recent discoveries by Rupert Resources including [...]
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