Aurion Resources Ltd. is a natural resource mining company, specifically with a view for gold properties. Aurion Resources Ltd. is a publicly listed company on the TSX Venture Exchange, with its common shares trading under the ticker symbol AU. In addition to the TSXV, the metal miner lists and trades its common shares on the OTCQX market under the stock symbol AIRRF.
The Newfoundland and Labrador-based firm focuses on advancing early-stage metal exploration projects through exploration and drilling operations conducted by itself or under a partnership or joint venture agreement. Aurion Resources owns a 100 per cent stake in the Risti Project, situated in Sodankylä, along the Central Lapland Greenstone Belt in Finland.
The Risti Property is also the flagship project of the precious metal mining company and comprises a total land area of roughly 16,197 hectares. Aurion Resources commenced its exploration operation at the Risti site in 2015. Since then, the company has identified numerous gold zones, which are at different phases of exploration:
• Aamurusko Main
• Aamurusko NW (NoNiin)
• Risti NW
Aurion Resources has a 100 per cent ownership stake in the Launi Project, situated close to the Risti Project some eight to ten kilometers away. The Launi property covers a total area of approximately 144 square kilometers divided into two blocks:
• Launi East
• Launi West
The company has also signed joint venture agreements with three corporations for the exploration, development, and advancement of the mineral projects:
Kinross Gold Corp.
B2 Gold Corp.
Strategic Resources Inc.
In a press release dated July 14, 2021, Aurion Resources Inc. acquired about 16.05 per cent of the existing issued and outstanding shares of Strategic Resources Inc. and expanded its ownership interest in the latter.