Aurion Resources Ltd.[/wp] announces that it has signed a definitive agreement with KoBold Exploration Finland Oy, granting KoBold the right to earn an undivided 75% interest in an area covering approximately 35 km2 in the eastern portion of Aurion's 100% owned 160 km2 Risti Property. Aurion retains the rights to explore for and develop any portions of the Project Area where the predominant mineral in a discovery is gold or [...]
7.92 g/t Au over 13.60 m intersected in a step-out hole, extending the mineralized system 40 m along strike at the Vanha prospect Scout hole intersects gold mineralization 800 m west-southwest from the Vanha prospect Winter drilling program ongoing ST. JOHN'S NL, Feb. 24, 2025 /CNW/ - Aurion Resources Ltd. announces results for six holes drilled at the Kaaresselkä area of the wholly owned Risti property, located in the [...]
Drill intersects, including 8.08 g/t Au over 6.75 m and 3.00 g/t Au over 16.25 m, extend gold mineralized system 200 m along strike at the Vanha prospect Scout holes intersect gold mineralization in the northwestern part of the Risti property Elevated gold grain counts, up to 950 gold grains, from heavy mineral sampling in the western part of the Risti property ST. JOHN'S, NL, Jan. 13, 2025 /CNW/ - [...]
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 is fully funded for all planned activities ST. JOHN'S, NL, Sept. 9, 2024 [...]
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 granted to certain directors, officers, employees and consultants of the [...]
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 Private Placement Under the Brokered Offering, the Company issued an [...]
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 Company announced an upsized brokered private placement of up to 11,818,182 [...]
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 as lead agent and sole bookrunner on behalf of a syndicate of agents under [...]
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 shares of the Company at a price of C$0.55 per Share . The Agents will [...]
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 will be reached, or that any such agreement will ultimately result in a [...]
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 properties located in the Central Lapland Greenstone Belt in northern Finland [...]
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 Offer and has held discussions with several parties in connection with [...]
