Aurion Resources ( (TSE:AU) ) has shared an update.
Aurion Resources Ltd. announced promising results from its ongoing drilling program at the Kaaresselkä area of the Risti property in Finland, highlighting a significant gold intersection of 7.92 g/t over 13.60 meters. This discovery extends the mineralized system by 40 meters at the Vanha prospect and demonstrates the potential for a substantial gold occurrence, as the mineralized system now extends 850 meters along strike and remains open in multiple directions. The ongoing winter drilling program aims to explore high-priority targets, potentially impacting the company’s exploration success and positioning within the gold mining sector.
More about Aurion Resources
Aurion Resources Ltd. operates in the mining industry, focusing on the exploration and development of gold properties. The company primarily operates in the Central Lapland Greenstone Belt in northern Finland, with a market focus on discovering and developing significant gold occurrences.
YTD Price Performance: 1.49%
Average Trading Volume: 50,360
Technical Sentiment Consensus Rating: Sell
Current Market Cap: C$101.2M
For an in-depth examination of AU stock, go to TipRanks’ Stock Analysis page.