Aurion Resources (TSXV: AU) has reported a standout gold intercept from its Risti property in Finland’s Central Lapland Greenstone Belt, with drilling at the Vanha target area delivering over 32 metres grading 4.42 grams per tonne (g/t) gold.
The result, from hole KS25111 at a depth of 267.8 metres, includes a higher-grade section of 7.95 metres grading 13.54 g/t gold from 269.8 metres. “This intercept provides meaningful insight into the potential for scale and growth of the mineral endowment at Kaaresselkä,” said CEO Matti Talikka, adding that the company remains encouraged by the deformation and alteration along Vanha’s structural corridor.
Aurion, one of the earliest modern explorers in the Central Lapland Greenstone Belt, has played a key role in attracting major mining partners such as B2Gold, Kinross, and KoBold Metals through joint ventures.
Other highlights from Monday’s release include hole KS25106, which intersected 4.5 metres at 1.16 g/t gold from 123.6 metres, as well as 5.2 metres at 0.88 g/t gold from 136.8 metres. The results, part of a 10-hole, 2,032-metre drilling program in the Kaaresselkä area, suggest the mineralized system extends 100 metres deeper than previously identified.
High-grade mineralization has now been confirmed from near surface to a depth of roughly 250 metres and remains open in multiple directions. Additional drill results are pending as exploration continues.
Aurion’s shares rose 3.8% to C$0.83 in early Toronto trading on Monday, giving the company a market capitalization of about C$124 million. Over the past year, the stock has traded between C$0.50 and C$0.90.
