Aurion Resources – Exploration Update From The Helmi JV With B2Gold And From the Risti Property Targets
Matti Talikka, CEO of Aurion Resources (TSX.V:AU – OTCQX:AIRRF), joins us to for an exploration update at the Helmi Project on the Aurion-B2Gold Joint-Venture, as well as the 100% owned Risti Property targets in the Central Lapland Greenstone Belt in northern Finland.
The exploration team continues to have a very high success rate with drill hits at Helmi Discovery, with recent new gold intercepts at the Helmi Discovery from September and November including 1.78 g/t Au over 15.10 m, 52.50 g/t Au over 0.55 m, 0.82 g/t Au over 108.10 m, 1.10 g/t Au over 35.20 m, and 1.29 g/t Au over 22.15 m. The 11,000 meter drill program is wrapping up soon, but there were actually 18,000 meters drilled at Helmi in 2022, and there are about 5,000 meters of drill assays still to report over the next few months as they are returned from the lab.
Next we outlined the ongoing scout and step-out drilling at multiple targets across the 100% owned Risiti property, testing for extensions of gold mineralization at the Aamurusko Area, and testing regional targets such as base of till anomalies and geophysical features.
We wrap up on the news announced October 7th with regards to closing the transaction with Tertiary Minerals Plc to acquire and cancel royalties on the Kaaresselkä (Risti, 100% Aurion) and Kiekerömaa (B2Gold JV) gold prospects for a total consideration of CAD$200,000 and 83,333 Aurion common shares. It is advantageous for the company to have removed the royalties from both projects, and to have brought on a new stakeholder in Tertiary Minerals.
If you have any follow up questions for Matti on Aurion Resources, then please email us at either Fleck@kereport.com or Shad@kereport.com.