Aurion Resources (TSX-V:AU) Ltd has announced it is expanding its land package in the Central Lapland Greenstone Belt in Finland with the acquisition of the Keulakkopää exploration permit.
The company said the Keulakkopää exploration permit includes two separate areas totaling 6.4 square kilometres and it is located approximately halfway between Aurion's Aamurusko Discovery and Rupert Resources' 3.95 million ounce (Moz) Ikkari Deposit.
Aurion is acquiring the permit through an agreement with Sakumpu Exploration OY, a 100% held subsidiary of S2 Resources (ASX:S2R).
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Per the agreement, on closing Aurion will issue 200,000 shares to S2.
Aurion CEO Matti Talikka said the acquisition of the Keulakkopää exploration permit area would further expand and consolidate the company’s wholly-owned Risti property, which already hosts several recent gold discoveries.
“Aurion's extensive land package in Central Lapland covers highly prospective ground within an area we believe to be an emerging gold camp,” Talikka said.
Aurion Resources (TSX-V:AU) is a Canadian exploration company focused on generating or acquiring early-stage precious metals exploration opportunities and advancing them through direct exploration by its experienced team or through business partnerships and joint venture arrangements.
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