Gold mineralized system expanded in multiple directions at the Vanha prospect Gold intersects include 29.10 g/t Au over 3.10 m, 3.35 g/t Au over 9.85 m, 2.77 g/t Au over 9.00 m, 3.92 g/t Au over 5.65 m, 1.00 g/t Au over 16.60 m and 2.32 g/t Au over 4.05 m Follow up drilling at Vanha and testing selected scout drill targets planned for 2024 Aurion [...]
ST. JOHN'S NL, Aug. 13, 2024 /CNW/ - 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 2,800,000 common shares of the Company at an exercise price of $0.57 per share for a five-year term expiring August 13, 2029. The stock options are being [...]
JOHN'S, NL, Aug. 7, 2024 /CNW/ - Aurion Resources Ltd. announces that it has completed its previously announced best efforts private placement , and non-brokered private placement , for aggregate gross proceeds of approximately C$9,036,481 from the sale of 16,429,965 common shares of the Company at a price of C$0.55 per Common Share . Best Efforts [...]
ST. JOHN'S, NL, July 24, 2024 /CNW/ - Aurion Resources Ltd. announces a non-brokered private placement of common shares to Kinross Gold Corp. which, on closing, will enable Kinross to maintain its previous ownership position of approximately 9.98% of the issued and outstanding common shares of the Company. By news release dated July 16, 2024, the [...]
JOHN's, NL, July 16, 2024 /CNW/ - Aurion Resources Ltd. announces that due to significant investor demand, the Company has increased the size of its previously announced fully marketed private placement from C$5,000,000 to C$6,500,000 from the sale of up to 11,818,182 common shares of the Company at a price of C$0.55 per Share . Red Cloud is acting [...]
JOHN'S, NL, July 16, 2024 /CNW/ - Aurion Resources Ltd. announces that that it has entered into an 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 best efforts, private placement for gross proceeds of up to CAD$5,000,000 from the sale of up to 9,090,909 common [...]
ST. JOHN'S, NL, July 9, 2024 /CNW/ - Aurion Resources Ltd. confirms that, in response to the press release issued by Rupert Resources Ltd. on July 8, 2024, the Company has had preliminary discussions with Rupert regarding a potential transaction. No agreement has been entered into at this time, and there can be no assurance that any such agreement [...]
ST. JOHN'S, NL, May 9, 2024 /CNW/ - Aurion Resources Ltd. announces that, further to its news releases of March 11, 2024 and May 6, 2024, after due consideration it has decided not to exercise its right of first refusal to acquire the 70% interest of B2Gold Corp. in the joint venture company owned by B2Gold and Aurion , which owns exploration [...]
ST. JOHN'S, NL, May 6, 2024 /CNW/ - Aurion Resources Ltd. wishes to update shareholders with respect to the status of the Company's Right of First Refusal as set out in the Company's news release dated March 11, 2024 . The ROFR expires on May 9, 2024. The Company is considering a number of options as a result of receiving the Notice of Sale and [...]
New greenfield discovery in the NW part of the JV area 26.45 g/t Au over 2.45 m; 1.05 g/t Au over 40.70 m; 1.33 g/t Au over 17.90 m; 1.74 g/t Au over 14.10 m Up to 12.55 g/t Au in trench channel samples No previous drilling within 1.0 km of the Sore discovery Results pending from 4,000 m of diamond drilling Drilling program halted following the [...]
ST. JOHN'S, NL, March 11, 2024 /CNW/ - Aurion Resources Ltd. announces that it has received notice from B2Gold Corp. , informing the Company that B2Gold has received an offer, from Rupert Resources Ltd. to acquire B2Gold's 70% interest in the joint venture between B2Gold and Aurion , which owns properties located in the Central Lapland Greenstone [...]
3.68 g/t Au over 11.35 m extending higher grade envelope 30 m towards east Gold mineralization encountered in 15 out of 16 drill holes drilled by Aurion since 2022 at Vanha Gold intersected over 500 m along strike and to 200 m depth - open in all directions 15 km prospective structural trend between the Kaaresselkä and Vuoma discoveries mainly [...]
