Aurion Resources Ltd. announced further results from the scout drilling program in the Kaares area at its wholly owned Risti property located in the Central Lapland Greenstone Belt in northern Finland. Results include assays from the remaining intervals from previously announced hole KS22027. Kaares Area, including the Kaaresselkä Prospect: Three holes, totalling 557.60 m, were drilled into the Vanha area of the Kaaresselkä Prospect and seven scout holes, totaling 1,081.60 m, were completed in the greater Kaares area in the southern part of the Risti property.

The Vanha holes were drilled to test the potential for extensions and new mineralized zones, as well as to support the interpretation of historic exploration data. The recent holes were drilled towards the SW to provide further information on the structural setting compared to the historic holes, of which the majority were drilled in a north-south orientation and only tested shallow depths. The high-grade mineralization at Vanha along the main shear zone and the discovery of multiple gold mineralized zones along the splays branching from the main shear zone during the recent scout drilling program demonstrates that the Kaares area has a high potential to host multiple gold occurrences.

These occurrences lie within highly deformed and altered sequences of supracrustal rocks in a geological setting that resembles recent significant discoveries such as Helmi (Aurion-B2Gold JV) and Ikkari (Rupert Resources). In addition, the elevated levels of Cu, Co and PGE encountered in the mineralized zones further supports the prospectivity of the area. Gold association with base metals, including Cu, Co and Ni, is common within several occurrences in the vicinity of the crustal scale Sirkka Shear Zone.

For example, the past producing Saattopora mine contained both gold and copper dominated mineralized zones of which many remain open along strike and with depth, as the mining extended only to 150 m depth. The gold mineralization at Vanha is mainly hosted by highly deformed and altered (silica, sericite) mafic volcanic rocks with minor to moderate amounts of fine-grained sulphide minerals including pyrite, pyrrhotite, chalcopyrite, galena, sphalerite and arsenopyrite in varying quantities. The higher- grade intervals are mainly hosted within silicified and brecciated zones with a moderate amount of sulphides.

The extent and orientation of the gold mineralized intervals is not known at this stage. Drill hole descriptions: Drill hole KS22027 is located at the eastern end of Vanha and returned a continuous mineralized interval of 2.41 g/t Au over 56.55 m from 95.75 m includes 17.12 g/t Au, 0.55% Cu and 175 ppm Co over 5.90 m from 95.75 m (including 24.36 g/t Au and 0.75% Cu over 4.00 m) and 2.85 g/t Au over 7.45 m from 138.90 m. Additional intervals include 1.43 g/t Au, 0.46% Cu and 175 ppm Co over 7.10 from 37.35 m and 2.13 g/t Au over 2.75 m from 207.80 m. In addition, multiple zones with elevated gold (0.1 g/t) were encountered. One of the cobalt mineralized zones, 220 ppm Co over 29.70 m from 29.10 m, partly overlaps with gold and/or copper mineralized intervals.

The entire hole is within altered and deformed mafic volcanic rocks with local graphitic sediments. The hole ended in mineralization. Partial results from hole KS22027 were released previously and some intercepts have been updated for this press release.

Drill hole KS22028 is located at the eastern end of Vanha and was collared 22 m southwest of KS22027 to drill on the same section at a shallower angle. KS22028 intersected 1.23 g/t Au, 0.56% Cu and 226 ppm Co over 5.90 m from 14.65 m, 0.66 g/t Au over 6.05 m from 44.00 m, 1.75 g/t Au over 2.50 m from 65.60 m and 0.26 g/t Au over 7.30 m from 76.95 m. In addition, multiple zones with elevated gold (0.1 g/t) were encountered. Drill hole KS22029 is located at the eastern end of Vanha and was collared approximately 50 m west of KS22027.

KS22029 intersected 0.66 g/t Au over 3.95 m from 46.50 m, 1.22 g/t Au, 0.13% Cu and 171 ppm Co over 19.90 m from 92.50 m, 2.27 g/t Au over 11.30 m from 124.10 m and 0.47 g/t Au over 17.00 m from 185.80 m. In addition, multiple zones with elevated gold (0.1 g/t) were encountered. Cobalt mineralized zones, including 283 ppm Co over 14.85 m from 64.00 m and 190 ppm Co over 17.50 m from 92.50 m, partly overlap with gold and/or copper mineralized intervals. The entire hole is within altered and deformed mafic volcanic rocks.

The hole ended in mineralization. Scout hole KS22021, located approximately 1.9 km NW of Vanha, intersected a new zone of mineralization with 1.40 g/t Au over 3.25 m from 79.40 m and 1.86 g/t Au over 3.40 m from 103.65 m. The scout hole was designed to test a gold in base of till anomaly on an interpreted structural feature from geophysical data sets. The mineralization is hosted by altered and quartz veined sandstone with pyrite and minor arsenopyrite.

The mineralization is in proximity to highly deformed units of the stratigraphic sequence. The results from hole KS22021 were released previously. Scout hole KS22022, located 1.2 km NW of Vanha, targeted a gold in base of till anomaly on an interpreted structural feature from geophysical data sets.

Hole KS22022 intersected a new area of gold mineralization with 0.42 g/t Au over 1.50 m from 83.60 m and 0.52 g/t Au over 1.10 m from 106.10 m along with other anomalous (0.1 g/t) Au values. The mineralization is hosted by altered, quartz veined and locally sheared intermediate to mafic volcanics with minor pyrite, pyrrhotite, chalcopyrite and sphalerite.