Aurion Resources Ltd.
Company Data
| Introduction
| Projects in Hand
| Management
News Update
| Chinese
| Address ： |
120 Torbay Road, Suite W220 St. John's, NL Canada A1A 2G8 |
| Tel No.： | 416-371-1325 |
| Web Site： | www.aurionresources.com |
| E-mail： | info@aurionresources.ca |
| Contact Person： | Mark Santarossa |
| Position： | VP Corporate Development |
| Traded Market： | TSX-V | OTCQX |
| Traded Symbol： | AU | AIRRF |
| Outstanding Shares： | ~148.89 M |
| 52 Week High： | $ 0.78 |
| 52 Week Low： | $ 0.465 |
| Present Price： | Click Here |
Aurion Resources Ltd. (Aurion) is a well-funded, Canadian exploration company. Aurion’s strategy is to generate or acquire early-stage precious metals exploration opportunities and advance them through direct exploration by its experienced team or by business partnerships and joint venture arrangements. Aurion’s current focus is exploring on its wholly owned Risti project, as well as advancing its joint venture properties with B2Gold Corp. and Kinross Gold in Finland.
Discovering the Next Major Gold Camp
Emerging Gold Camp
- District scale land package
- Prospective geology
- Multiple new discoveries
Tier 1 Jurisdiction
- Finland consistently ranks high for mining investment
- Excellent infrastructure and access
- Straight forward permitting process
Multiple Value Drivers
- Joint Ventures with B2Gold and Kinross
- New discoveries on wholly owned properties
Positioned to Execute
- Experienced management and board
- Aligned with shareholders
- Well-funded
Value from Multiple Opportunities
B2Gold Joint Venture
- Helmi discovery: 2.05 g/t Au over 77.5 m
- Multiple gold prospects
- Next to the 4+ M ounces Ikkari deposit by Rupert Resources
Risti and Launi West
- 100% ownership
- High-grade, near surface discoveries
- Multiple gold prospects
Kinross Earn-in – Launi East Property
- Numerous gold showings and prospects
- Earn in: US$10M for 70%
Strategic Resources Inc. (TSXV: SR)
- Own 1.33 M shares of Strategic
- Vanadium development projects
- Part of Lumina Group
B2Gold Joint Venture
Multiple discoveries
- JV: B2Gold 70%, Aurion 30%; B2Gold is the operator
- Large land package ~293 sq. km
- Multiple discoveries:
- Helmi
- 2.05 g/t Au over 77.50 m; 2.44 g/t Au over 43.45 m; 1.44 g/t Au over 67.20 m
- Kutuvuoma
- 16.47 g/t Au over 11.0 m; 11.37 g/t Au over 13.30 m; 7.20 g/t Au over 19.40 m
- Vuoma
- 28.64 g/t Au over 4.90 m; 1.33 g/t Au over 8.30 m; 3.55 g/t Au over 2.80 m
- Sinermä
- 0.54 g/t Au over 40.2 m; 1.07 g/t Au over 42.4 m (Trench)
- Kettukuusikko
- 4.33 g/t Au over 20.4 m; 1.25 g/t Au over 31.4 m
- Tuongankuusikko
- 1.18 g/t Au + 1.73% Cu over 17.50 m
- 2024 budget C$7.0 M
- ~10,000 m of drilling program
- Drilling paused, following Rupert Resources’ bid for B2Gold’s 70% interest
Helmi Discovery:
- Discovered in 2021, located approximately 1 km west of Rupert Resources’ 4+ Moz Ikkari deposit with similar geological features
- Gold mineralization intersected along 2 km strike and extend to at least 500 m depth
- Highlight intercepts:
- 2.05 g/t Au over 77.50 m
- 2.44 g/t Au over 43.45 m
- 1.44 g/t Au over 67.20 m
- 1.84 g/t Au over 52.40 m
- 0.82 g/t Au over 108.10 m
- 1.73 g/t Au over 44.95 m
- 1.11 g/t Au over 45.80 m
- 1.46 g/t Au over 33.00 m
- Prospective geological sequence extends 8 km within the JV property
Vuoma Discovery:
- Discovered in 2023 (Press release Aug 21, 2023), located approximately 2.7 km south of Helmi
- Mineralization proximal to mainly untested 20+ km southern domain boundary
- 15 km along strike from the Kaaresselkä Prospect (Aurion 100%)
All scout holes intersected gold at Vuoma
- 28.64 g/t Au over 4.90 m including 126.00 g/t Au over 1.10 m (VUO23012), located 540 m SE of hole VUO23007 (1.33 g/t Au over 8.30 m, Press release August 21, 2023)
- 3.55 g/t Au over 2.80 m (VUO23010)
Risti Project
- 100%-owned; covers approximately 167 sq. km in the Central Lapland Greenstone Belt (“CLGB”) in northern Finland.
- The geological setting of the Risti Project has many similarities to prolific gold-rich orogenic gold belts globally, specifically the Timmins camp of the Abitibi region of Northern Ontario, Canada.
- 10+ new discoveries since 2015
Rock and Base of Till Samples
- Over 8,500 rock samples averaging ~ 6 g/t Au
- Numerous gold in till anomalies
- Tens of kms of prospective structural trends to be explored
- Key methods in discovery of Ikkari (Rupert Resources), Kittilä (Agnico Eagle) and Sakatti (Anglo American)
- 20 targets identified along domain boundaries, using base of till sampling and geophysics
Aamurusko – Near-Surface Gold Mineralization
Aamurusko NW
- 9.42 g/t Au over 28.22 m
- 23.41 g/t Au over 11.10 m
- 6.84 g/t Au over 19.00 m
Aamurusko Main
- 789.06 g/t Au over 2.90 m
- 42.28 g/t Au over 4.00 m
- 24.50 g/t Au over 4.75 m
- 22.63 g/t Au over 3.53 m
Gap Zone
- 4.64 g/t Au over 3.10 m
- 1.69 g/t Au over 7.75 m
- 8.63 g/t Au over 0.75 m
- 1.55 g/t Au over 3.45 m
Aamurusko – High Grade Gold from Surface
- 80% of holes intersected over 1.0 g/t Au
- 51% of holes intersected over 3.0 g/t Au
- 31% of holes intersected over 10.0 g/t Au
Kaares – Growing Mineralized System
Kaaresselkä Area
- Located approximately 4 km southwest of Aamurusko
- Geological setting and mineralization style resembling Ikkari and Helmi
- Excellent year around access
Vanha Prospect
- 2022-2024 drilling:
- 21/22 drill holes (4,655 m) intersected gold
- 2.41 g/t Au over 56.55 m
- 1.22 g/t Au over 19.90 m
- 2.27 g/t Au over 11.30 m
- 8.25 g/t Au over 4.30 m
- 3.68 g/t Au over 11.35 m
- 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
- 1.00 g/t Au over 16.60 m
“Aurion continues to grow the mineralized system at Kaaresselkä (Vanha prospect) efficiently. All recent holes intersected gold, including 8.08 g/t Au over 6.75 m and 3.00 g/t Au over 16.25 m, extending the mineralized system from 600 m to 800 m along strike.” commented Matti Talikka, CEO of Aurion. “In addition, our target generative programs have yielded positive results by intersecting gold mineralized zones in the NW corner of the Risti property as well as identifying areas with high gold grain counts (up to 950) in heavy mineral samples from previously untested areas, for example along the interpreted structural trend that extends 15 km between the Kaaresselkä area and the Vuoma (Aurion-B2Gold JV) discovery.” (See news release dated January 13, 2025)
Kinross Joint Venture
On August 23, 2023, Aurion announced that it has signed a formal definitive option agreement with Kinross Gold Corporation (“Kinross”) granting Kinross the right to earn up to an undivided 70% interest in the 42.74 sq. km, Launi East Property, which is located to the southeast and adjacent to the Company’s 100%-owned Risti Property.
Management and Directors
David Lotan, CPA, CA, Chairman
President of LHI, an investment company focused on natural resource opportunities
Founder and CEO of the Polar Structured Products – sold to major Canadian Financial Institution
Portfolio manager for the Ontario Teachers’ Pension Plan
Matti Talikka, M.Sc., FAusIMM(CP)Geo., Chief Executive Officer and Director
Various global positions at Outotec most recently as Director Geometallurgy and Project Evaluation
Former General Manager Exploration at Dragon Mining focusing on exploration and project development in Finland and Sweden
Non-executive director of Aurion since 2015, appointed as CEO in July 2020
Mark Serdan, CPA, CA, CFA, Chief Financial Officer
Over 20-year career in investment management and banking
Recipient of multiple Lipper awards for investment performance in precious metals, energy and natural resources
Mark Santarossa, CPA, CA, MBA, VP Corporate Development
Over 15-year career in mining capital markets in various roles, including mining equity research, institutional equity sales and investment banking
Kerry E. Sparkes, M.Sc., P.Geo., Director
Over 30 years of experience in the minerals industry as an exploration geologist and an executive
Explored for, delineated and developed two major Canadian gold deposits, both of which were subject of takeovers
Currently the Vice President of Geology for Franco-Nevada
On March 19, 2025, Aurion Resources Ltd. has signed a definitive agreement with KoBold Exploration Finland Oy, a wholly owned subsidiary of KoBold Metals Company, granting KoBold the right to earn an undivided 75-per-cent interest in an area covering approximately 35 square kilometres in the eastern portion of Aurion's 100-per-cent-owned 160-square-kilometre Risti property (the project area). 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 silver.
"Aurion is pleased to welcome KoBold Metals as a partner with an aim to unlock value from the base metal and critical mineral potential of the eastern part of the Risti property," commented Matti Talikka, Aurion's chief executive officer. "The agreement with a split commodity structure enables Aurion to retain full exploration and ownership rights over significant gold and silver discoveries while leveraging KoBold's expertise in exploration for metals and minerals important for the green energy transition. The base metal prospectivity of the region is well evidenced by the Kevitsa Ni-Cu-PGE mine (Boliden) and the Sakatti Ni-Cu-PGE discovery (Anglo American) located 12 km from the Risti property."
"We welcome the opportunity to work with Aurion to explore for critical metals on part of their Risti property. Aurion is a reputable, experienced company with strong operating capabilities. We look forward to combining these experiences and operating capabilities with KoBold's team and technologies to search for a new discovery on this property. We are looking forward to getting the exploration teams on the ground in the coming months," said Daniel Enderton, KoBold Metals chief strategy officer.
February 24, 2025, Aurion Intersects 7.92 g/t Au over 13.60 m in a Step-out Hole and Extends Gold Mineralized System at Kaaresselkä, Risti Property
January 13, 2025, Aurion Intersects 8.08 g/t Au over 6.75 m and 3.00 g/t Au over 16.25 m and Extends Gold Mineralized System at Kaaresselkä, Risti Property