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Aurion Resources Ltd V.AU

Alternate Symbol(s):  AIRRF

Metals & Mining Gold
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

Aurion Resources Ltd
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Post by loonietuneson Nov 28, 2022 8:11pm
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Post# 35135374

Excerpt from Stockwatch Gold-Today

Excerpt from Stockwatch Gold-Today

Speaking of dream sheets, James Withall's Rupert Resources Ltd. (RUP) jumped 30 cents to $4.50 on 156,000 shares on word of a promising preliminary economic assessment of its Ikkari gold discovery and the Pahtavaari mine in northern Finland. The plan calls for an initial expenditure of $405-million (U.S.), with underground development later to cost a few hundred million more dollars.

The plan is based on 48.3 million tonnes indicated at 2.5 grams per tonne and 20.4 million tonnes inferred at 1.9 grams per tonne, just over five million ounces of gold. The 22-year plan calls for production of 4.2 million ounces -- enough to support a discounted net present value of $1.6-billion (U.S.).

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