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Aurion Announces Commencement of Exploration Activities by KoBold Metals
Aurion Announces Commencement of Exploration Activities by KoBold Metals Canada NewsWir...
About this update from Aurion Resources Ltd.
[{"type":"text","content":"\n\n\n\n Aurion Announces Commencement of Exploration Activities by KoBold Metals\n \n\n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prntaj{\nTEXT-ALIGN: JUSTIFY\n}\n \n\n\n\n\n\n Canada NewsWire\n \n\n\n\n\n\n\n\n\n\n\n\n\n Extensive base of till and bedrock chip sampling program commenced on the KoBold project area\n \n\n\n\n Aurion and KoBold signed a critical minerals exploration agreement in\n \n March 2025\n \n\n\n\n\n Drilling ongoing at the Vanha prospect in the Kaaresselkä area\n \n\n\n\n\n\n ST. JOHN'S, NL\n \n\n ,\n \n\n Sept. 24, 2025\n \n\n /CNW/ -\n \n Aurion Resources Ltd.\n \n (TSX VENTURE: AU) (OTCQX: AIRRF)\n \n (\"Aurion\" or the \"Company\")\n \n announces that KoBold Metals Company (\"KoBold\") has commenced exploration activities on the project area covering approximately 35 km\n \n 2\n \n in the eastern portion of Aurion's 160 km\n \n 2\n \n wholly owned Risti property (\"the Project Area\") in the Central Lapland Greenstone Belt in northern\n \n Finland\n \n .\n \n\n\n Summary\n \n\n\n\n\n Extensive base of till and bedrock chip sampling program commenced on the KoBold project area (Fig. 1)\n \n\n\n A key exploration method for gold and critical mineral discoveries including Ikkari deposit by Rupert Resources and Sakatti deposit by\n \n Anglo American\n \n\n\n\n\n\n Aurion and KoBold signed a critical minerals exploration agreement in\n \n March 2025\n \n\n\n\n Press release,\n \n March 19, 2025\n \n . Key terms:\n \n\n Earn-in: KoBold can earn an undivided 75% interest in commodities discovered in the Project Area (other than any discoveries that are predominantly gold or silver) by incurring\n \n USD$12,000,000\n \n in exploration expenditures on or before the fifth anniversary of the date of signing the agreement, and KoBold commits to a\n \n USD$1,000,000\n \n minimum exploration expenditure within 18 months.\n \n\n Joint venture: Following satisfaction by KoBold of the earn-in requirements, a joint venture will be established with KoBold owning 75% and Aurion 25%.\n \n\n Net smelter returns royalty: In case an ownership interest in the joint ...