ST. JOHN'S NL, July 10, 2023 /CNW/ - Aurion Resources Ltd. announces that it has amended and closed the option agreement with Dragon Mining Ltd. to acquire and eliminate all encumbrances on the Kutuvuoma and Silasselkä projects, as disclosed in the news release dated May 31, 2023. Aurion has issued to Dragon 37,500 common shares of Aurion as consideration for the grant of the option. The agreement has been amended to [...]
ST. JOHN'S, NL, May 31, 2023 /CNW/ - Aurion Resources Ltd. announces that it has entered into an option agreement with Dragon Mining Ltd. to acquire and eliminate all encumbrances on the Kutuvuoma and Silasselkä projects, originating from the purchase agreement dated May 23, 2014, for a total consideration of €5,000,000 and 37,500 Aurion common shares. Summary of the terms: Aurion, in consideration of an initial [...]
Properties cover over 1,000 km2 in northeastern Finland and are prospective for: Gold - Auermavaara prospect Lithium - Geological terrain considered prospective for lithium-cesium-tantalum pegmatites Phosphate and REE - Properties cover part of Sokli carbonatite complex Company evaluating strategic options for the critical minerals opportunities ST. JOHN'S, NL, May 23, 2023 /CNW/ - Aurion Resources Ltd. announces that is [...]
Gold intersected in shallow drilling over 450 metres strike length Sinermä located 29 km from Helmi Discovery and 23 km from Agnico Eagle's Kittilä Mine Results pending for approximately 5,000 m of drilling in the JV ST. JOHN'S, NL, May 10, 2023 /CNW/ - Aurion Resources Ltd. reports results for 16 holes from the winter 2022/23 drilling program on the Aurion-B2Gold Corp. Joint Venture , operated by B2Gold, in the Central [...]
Helmi - Gold mineralization confirmed at depth Helmi-Kutuvuoma Trend - Further gold mineralized intervals Drilling on 100%-owned property commenced ST. JOHN'S, NL, May 8, 2023 /CNW/ - Aurion Resources Ltd. reports results for 6 holes from the winter 2022/23 drilling program on the Aurion-B2Gold Corp. Joint Venture , operated by B2Gold, in the Central Lapland Greenstone Belt in northern Finland. Summary Helmi - Gold [...]
ST. JOHN'S, NL, April 17, 2023 /CNW/ - Aurion Resources Ltd. announces that its common shares are now eligible for electronic clearing and settlement in the United States through the Depository Trust Company . DTC eligibility is expected to simplify the process of trading and enhance liquidity of Aurion shares in the United States. This electronic method of clearing securities speeds up the receipt of stock and cash, and [...]
JOHN'S, NL, April 12, 2023 /CNW/ - Aurion Resources Ltd. announces that it has completed its previously announced fully marketed private placement , and its non-brokered private placement , for an aggregate of 12,151,730 common shares of the Company at a price of C$0.55 per Common Share for gross proceeds of approximately C$6,683,452. Brokered Offering Under the Brokered Offering, the Company issued an aggregate of [...]
Aurion Resources Ltd. is pleased to announce a non-brokered private placement of common shares to Kinross Gold Corporation 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 March 22, 2023, the Company announced a brokered private placement of 9,090,909 Common Shares at a price of C$0.55 [...]
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 9,090,909 common shares of the Company at a price of C$0.55 per Offered Share for gross proceeds of up to C$5,000,000 . The Company has granted to the [...]
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 2,500,000 common shares of the Company at an exercise price of $0.65 per share for a five-year term expiring February 22, 2028. The stock options are being granted to certain directors, officers, employees and consultants of the Company. About Aurion Resources Ltd [...]
Aurion Resources Ltd. announces further results from the scout drilling program in the Kaares area at its wholly owned Risti property located in the Central Lapland Greenstone Belt in northern Finland. Results include assays from the remaining intervals from previously announced hole KS22027 . Summary 2.41 g/t Au over 56.55 m - extension to previously announced partial results 2.41 g/t Au over 56.55 m from 95.75 m Pre...
Aurion Resources Ltd. reports results for fourteen holes from the summer-fall 2022 drilling program on the Aurion-B2Gold Corp. Joint Venture, operated by B2Gold, in the Central Lapland Greenstone Belt in northern Finland. Summary New zone of mineralization 2 km west of the Helmi discovery 6.25 g/t Au over 6.00 m from 222.60 m; 0.26 g/t Au and 1.07% Cu over 12.80 m from 162.90 m 1.02 g/t Au and 1.84% Cu over 5.60 m from [...]