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Aurion Resources ( (TSE:AU) ) has provided an update.
Aurion Resources has announced significant drilling results from its Kaaresselkä area, extending the gold mineralized system at the Vanha prospect by 200 meters along strike. This includes intersections of 8.08 g/t Au over 6.75 meters and 3.00 g/t Au over 16.25 meters. The system now spans 800 meters and remains open in multiple directions, with plans for a winter drilling program underway. Additionally, scout holes in the northwestern part of the Risti property have successfully intersected gold mineralization, while heavy mineral sampling has revealed elevated gold grain counts in previously untested areas. These advancements suggest promising opportunities for further exploration and development, potentially strengthening Aurion’s market position in gold exploration.
More about Aurion Resources
Aurion Resources Ltd. operates in the mining industry, focusing on discovering and developing gold resources. The company is engaged in exploration activities primarily in the Central Lapland Greenstone Belt in northern Finland.
YTD Price Performance: -7.46%
Average Trading Volume: 129,223
Technical Sentiment Consensus Rating: Sell
Current Market Cap: C$92.31M
For an in-depth examination of AU stock, go to TipRanks’ Stock Analysis page.
