Slide 1: Aurion Resources
Aurion Resources Elephant hunting in the shadow of Agnico’s 8 million ounce Kittila gold deposit September 2016 1
Slide 2: Forward-Looking Statement
Forward-Looking Statement This presentation includes 'Forward-Looking Statements' related to Aurion’s continued effort to advance its mineral exploration programs. When used in this presentation, the words "potential," "anticipate," "forecast," "believe," "estimate," "expect," "may," "project," "pla
Slide 3: Investment Summary
Investment Summary Gold Exploration Company Focused on the Central Lapland Greenstone Belt (CLGB) in Northern Finland • CLGB is significantly underexplored for gold • Prospectivity has recently been confirmed by some of the largest miners in the world; Anglo-American, Agnico Eagle and Boliden • Auri
Slide 4: Key Personnel
Key Personnel • Mike Basha, P. Geo & Geological Engineer – CEO & Director • P. Geo & Geological Engineer • 28 yrs experience in the minerals industry working for majors (Noranda) and several juniors • Successfully generated and joint ventured several projects with majors • Newmont Mining • Agnico Ea
Slide 5: Share Ownership
Share Ownership • Ticker: AU-TSX.V • 48.7M shares outstanding with no warrants outstanding • Tightly held share float- over 60% of shares held by 6 groups 8.2% Mgmt & Board Friends & Family 15.7% 34.9% Family Offices Ins tu onal AnloAmerican 2.0% 28.1% 11.1% Other
Slide 6: Finland
Finland • Highly prospective greenstone belt which has seen minimal modern gold exploration - Underexplored • Several major deposits in Belt • Agnico Eagle – Kittla Gold Mine – 7.2 million ounces @ 4.6 g/t Au • Anglo American - Sakatti Ni-Cu-PGE Project; 200Mt @ 3% Ni-Cu-PGE • First Quantum - Kevits
Slide 7: Location & Infrastructure
Location & Infrastructure Lapio Aurion controls approximately 300,000 ha of land tenements in Northern Finland; the area has excellent access year round with daily flights from Helsinki and Aurion Landholdings the properties have excellent road access Northern Finland 7
Slide 8: Central Lapland Greenstone Belt
Central Lapland Greenstone Belt • Large land holding adjacent to Agnico • Many gold prospects throughout • JV with B2Gold on southern tenements 8
Slide 9: Finland – Aurion Resources
Finland – Aurion Resources • Elephant hunting in a highly prospective greenstone belt which has seen very little exploration to date • Significant land position which is prospect/target rich with multiple gold occurrences at surface • Multiple gold prospects/projects within Central Lapland Greenston
Slide 10: Strategic Partnership with B2Gold
Strategic Partnership with B2Gold Aurion Resources and B2Gold JV 10
Slide 11: Aurion-B2Gold JV
Aurion-B2Gold JV Ahvenjarvi Kutuvuoma • 10 individual high grade gold targets within JV area • 25,000 ha 11
Slide 12: Aurion-B2Gold JV
Aurion-B2Gold JV • B2Gold can earn up to a 70% interest in 25,000 ha project area by spending $15M over 6 yrs • Under the terms of the agreement B2Gold must complete $5M in exploration expenditures, pay Aurion $50,000 cash and issue 550,000 B2Gold shares over 4 years to earn a 51% interest. All CDN$
Slide 13: Ahvenjarvi Kutuvuoma
Ahvenjarvi Inset-next slide Kutuvuoma 13
Slide 14: Kutuvuoma Project
Kutuvuoma Project Auaanetitl Anonialy Hist to eS git Aa Gti tested tgy Nickst Bergan iwAck chip Glacial Iceflow Direction Rock by Au_ppm @» v2 pA A New. Miter aligeds7o! @sv-wo F 212 git Au 14.8 Ghose @:i ws ; Al2 oh @ ei ode (outeretieabs) O 02510 05 ° g es, @ 04 to 025 SORA EX car ation e 09.0 am
Slide 15: Kutuvuoma –Drilling and Trenching
Kutuvuoma –Drilling and Trenching Proposed 2016 Phase 1 DDHs 15
Slide 16: Kutuvuoma 2015 Trench K15-02
Kutuvuoma 2015 Trench K15-02 Typical mineralization: View Looking North Qtz-aspy-po-cpy breccia View Looking Southwest 16
Slide 17: Kutuvuoma Select Drill Intercepts
Kutuvuoma Select Drill Intercepts Drill intercepts demonstrate mineralization is distributed over all samples within interval and not carried by one high grade narrow interval 17
Slide 18: 2014 Trench
~ 2014Trench 4.7 git Au over 8m Only drilled to 175 m depth and 175 strike Previous Drilling (plan view) collared in Hanging wall Long-section Looking NNE Kutuvuoma Deposit 18
Slide 19: Kutuvuoma DDH Section – Looking East
Kutuvuoma DDH Section 5 – Looking East Note: no downhole surveys completed at time of drilling 19
Slide 20: Kutuvuoma Recent History - Aurion
Kutuvuoma Recent History - Aurion • Aurion acquires in mid 2014 • Assembled large land position • Acquired contiguous ground to east from Anglo – strike extension of Kutuvuoma system • Two short field seasons • Trenching in 2014 outlines mineralized system east and west of Kutuvuoma >1 km strike • O
Slide 21: Ahvenjarvi
Ahvenjarvi • Acquired by Aurion staking a small prospect originally found by Geological Survey of Finland • Systematic prospecting and recon geological mapping by Aurion has outlined extensive gold mineralization over >2.0 by 2.0 km area • Now beginning to understand the structural controls 21
Slide 22: Extensive Database
Extensive Database • Aurion has a significant and valuable data package in CLGB; mostly proprietary – 40,000 tills – 3000 rocks – 45,000 m drilling – Extensive airborne and ground geophysics The cost to recreate this data set would be approx. > $15M. In addition this would take a significant amount
Slide 23: Wholly Owned Projects
Wholly Owned Projects Ruoppa 23
Slide 24: Wholly Owned Projects - Ruoppa
Wholly Owned Projects - Ruoppa Ruoppa Kuotko Mining Lease 1.8 Mt @ 2.9 g/t Au; Agnico is evaluating Contiguous Aurion whether to mine this Property Land Boundary deposit as a satellite Holdings Agnico Land Holdings Ruoppa Widespread gold mineralization Kittila Gold Deposit over > 2.1 km long by 1 km
Slide 25: Wholly Owned Projects - Ruoppa
Wholly Owned Projects - Ruoppa Ruoppa Inset next slide Kuotko Mining Lease 1.8 Mt @ 2.9 g/t Au; Contiguous Agnico is evaluating Property Boundary whether to mine this Aurion deposit as a satellite Land Agnico Holdings Land Holdings Ruoppa Widespread gold mineralization Kittila Gold Deposit over > 2.
Slide 26: Wholly Owned Projects - Ruoppa
Wholly Owned Projects - Ruoppa Ruoppa Contiguous Property Boundary Dyke Swarm Ruoppa Granodiorite Ruoppa Widespread gold mineralization over > 2.1 km long by 1 km wide; Aeromagnetics gold values up to 30.7 g/t Au 26
Slide 27: Wholly Owned Projects - Lapio
Wholly Owned Projects - Lapio Lapio 27
Slide 28: Wholly Owned Projects - Lapio
Wholly Owned Projects - Lapio Gold Prospects LAPIO Newly acquired in 2016; Large Exploration reservation containing 4 individual gold prospects. Targeting Gold Deposits adjacent to Archean- Proterozoic Boundary in high grade metamporphic terranes; Eg. Borden Lake, Ontario or Tropicana, West Australi
Slide 29: 2015-2016 Score Card
2015-2016 Score Card Restructure Shareholder Registry Strategic Partnership with B2Gold Solid Results from 2015 Field Season Key Property Acquisitions – Several new projects generated Addition of Miles Thompson Positive metallurgical results Acquired an additional 225,000 hectares of p
Slide 30: Economics of Exploration
Economics of Exploration New Discoveries have yielded real and meaningful returns for investors despite current market sentiment • Alpha Minerals (AMW: TSX-V) – PLS Project in Saskatchewan (High grade U3O8) – 1906% increase in share price in the first 12 months • Reservoir Minerals (RMC: TSX-V) – Ti