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Aurion Resources Ltd V.AU

Alternate Symbol(s):  AIRRF

Aurion Resources Ltd. is a Canadian exploration company. The Company is focused on exploring its Flagship Risti project, as well as advancing its joint venture (JV) properties with B2Gold Corp. and Kinross Gold Corporation in Finland. Its wholly owned Risti Property covers approximately 167 square kilometers in the Central Lapland Greenstone Belt (CLGB) in northern Finland. The Risti Property is located about 20 kilometers (km) north-north-west (NNW) of Sodankyla and is accessible via paved and all-weather gravel roads through rolling hills and forests. The gold discoveries at Risti include Aamurusko Main, Aamurusko NW, Notches, YNOT, A2 and Tikka. The property also hosts the Kaaresselka prospect. Its properties also include Sukuvaara Prospect, Launi West Property, Sila Property, Savu Property, Auermaa Property, and others. Its JV area includes discoveries, such as Helmi Prospect, Vuoma Prospect, Kutuvuoma Prospect, Kutuvuoma East Prospect, Sinerma Prospect, and Kiekeromaa Prospect.


TSXV:AU - Post by User

Post by loonietuneson Aug 03, 2022 8:26pm
168 Views
Post# 34869944

Excerpt from the B2 Q2 results

Excerpt from the B2 Q2 resultsMaybe they were the buyers anon on Tues who knows?

Many years of target generation and pursuing opportunities in prospective gold regions has culminated in the company allocating a record $29 million for its grassroots exploration programs, including several new regions. Included in the grassroots exploration program is $8 million allocated to Finland for the Central Lapland Joint Venture with Aurion Resources Ltd. Most significantly, the westward extension of Rupert Resources' Ikarri discovery trends directly onto the Joint Venture ground. This trend (named the Helmi trend on the joint venture ground) coincides with B2Gold's base-of-till drilling and the same interpreted structure as defined by airborne geophysics. Diamond drilling in 2021 has confirmed the presence of mineralization on this structure and is being successfully followed up with 11,600 metres planned in 2022.

The company's ongoing strategy is to continue to maximize profitable production from its mines, further advance its pipeline of remaining development and exploration projects, evaluate new exploration, development and production opportunities and continue to pay an industry leading dividend yield

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