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 January 29, 2021 and February 1, 2021, the Company announced a [...]
Aurion Resources Ltd. is pleased to announce that in connection with its previously announced private placement financing, the Company and a syndicate of agents led by Cormark Securities Inc. have agreed to increase the size of the marketed offering of common shares from the treasury of the Company to $9 million, at a price of $0.85 per common [...]
Aurion Resources Ltd. is pleased to announce that it has entered into an agreement with Cormark Securities Inc. and a syndicate of agents, pursuant to which the Agents have agreed to act as agents for and on behalf of the Company, on a fully marketed basis, without underwriter liability, in connection with a proposed private placement offering of [...]
New gold discoveries in two areas Sinermä Channel samples: 1.07 g/t Au over 42.40 m and 1.30 g/t Au over 20.80 m Drilling intercepts: 0.54 g/t Au over 40.20 m, 6.80 g/t Au over 0.75 m and 4.11 g/t Au over 1.40 m Kutuvuoma East High-grade gold intercept of 14.77 g/t Au over 1.60 m Expanded exploration campaign for 2021 with a focus on [...]
As we embark on 2021, we are excited about the prospects for Aurion and our shareholders. The gold-producing industry appears to be finally emerging from a prolonged period of fiscal discipline, balance sheet repair and asset divestiture. The sector is now rapidly consolidating and moving towards a growth-seeking phase. With a growing high-grade [...]
Launi East Intersected zones of gold mineralization up to 13.45 m wide over 550 m strike length Best interval 3.05 g/t Au over 5.30 m, individual samples up to 7.77 g/t Au Shallow - intercepts within 100 m from surface Kaaresselkä Drilling extends gold mineralization at depth and along strike at Vanha target Exploration activities ongoing [...]
Aurion Resources Ltd. is pleased to provide a report on the progress of three exploration programs on its wholly owned Risti and Launi East properties in northern Finland. Summary Kaaresselkä Maiden Drill Program Aurion's maiden drill program, 12 holes totaling 2,400 m, has been completed at Kaaresselkä – 4 km south of the high-grade Aamurusko [...]
Aurion Resources Ltd. is pleased to announce that it has commenced drilling on its wholly owned Risti Property in northern Finland. The Company has mobilized two diamond drill rigs – one BQ-diameter "scout" rig and one HQ-diameter core rig – to complete approximately 5,000 metres of drilling on a number of targets, including the Niligap and [...]
Highlights: 12.28 g/t Au over 2.75 m from 28.15 m downhole, including 21.60 g/t Au over 1.40 m in drill hole KU20008, 270 m west of Outokumpu drilling 6.74 g/t Au over 5.60 m from 121.20 m downhole, including 16.35 g/t Au over 1.40 m in drill hole KU20006, 200 m east of Outokumpu drilling High-grade gold has been intercepted in drilling over 1,080 [...]
Aurion Resources Ltd. is pleased to announce the appointment of Matti Talikka, M. Sc., FAusIMM as Chief Executive Officer. "We are delighted that Matti will be joining the management team," said Mike Basha President of Aurion. "Matti has spent many years in exploration, development and mining for gold deposits in his native Finland and Scandinavia [...]
Aurion Resources is pleased to report it has received assay results from a reconnaissance drilling program designed to test multiple gold targets at its wholly owned Launi East property in Northern Finland. Drilling successfully intersected near-surface, high-grade gold mineralization on several of these targets. Aurion drilled a total of 43 holes [...]
Aurion Resources Ltd. is pleased to report the results of recent work completed to advance several targets on its wholly owned Risti property. Due to Covid-19 restrictions and the reduced field program at its properties in Finland, the Company has been able to complete significant desktop data review and compilation on several targets highlighting [...]