Aurion Resources Ltd. reported results for four holes from the 2023 scout drilling program in the Vuoma area, approximately 2.7 km south of Helmi on the Aurion-B2Gold Corp. ("B2Gold") Joint Venture ("JV"), operated by B2Gold, in the Central Lapland Greenstone Belt in northern Finland. Scout drill program: Results for four scout holes (1,476.70 m) drilled in the Vuoma area in the southeastern part of the JV property, where gold mineralization was discovered in 2023.

The holes targeted interpreted structural features along or in the vicinity of the southern margin of the Kumpu basin approximately 2.7 km south of the Helmi discovery. Further results are pending from 2023 drilling. Drill hole VUO23010 was collared 890 m southwest of hole VUO23007 and drilled to the south-southeast.

Mineralized intervals were intersected at the chlorite-magnetite-biotite altered, pyrite mineralized contact between diorite and gabbro. Intercepts include 0.19 g/t Au over 3.00 m from 164.00 m and 3.55 g/t Au over 2.80 m from 169.80 m. Drill hole VUO23011 was collared 460 m south of hole VUO23007 and drilled to the north-northwest. The upper mineralization is hosted by brecciated, dolomite-sericite-silica altered, pyrrhotite-pyrite-chalcopyrite-galena-sphalerite mineralized metasediments at the contact with ultramafic volcanics.

The lower interval is mainly hosted by brecciated and sheared, dolomite-albite altered, pyrite-pyrrhotite-chalcopyrite mineralized metasediments. Intercepts include 0.46 g/t Au over 2.78 m from 210.72 m and 0.37 g/t Au over 2.15 m from 225.80 m. Notably, these intercepts returned 0.19% Cu + 0.08% Co and 0.30% Cu + 0.10% Co respectively. Drill hole VUO23012 was collared 780 m southeast of hole VUO23007 and drilled to the north-northwest.

High grade mineralization was intersected in sheared, fuchsite-chlorite-biotite altered ultramafic volcanics at the contact with altered and sheared siltstone. Mineralization is related to quartz-pyrite, and dolomite-quartz-pyrite-tourmaline veinlets. Intercepts include 28.64 g/t Au over 4.90 m from 455.80 m including 126.00 g/t Au over 1.10 m from 455.80 m, 1.32 g/t Au over 0.70 m from 501.70 m and 0.56 g/t Au over 1.40 m from 507.40 m. The hole was ended due to the rig reaching its maximum depth capacity.

Drill hole VUO23013 was collared 440 m southeast of hole VUO23007 and drilled to the north-northwest. Mineralization is hosted in sheared, biotite-chlorite-dolomite-sericite altered, quartz-magnetite-pyrite veined metasediments. Several Au mineralized intervals were intersected including 0.74 g/t Au over 3.70 m from 346.75 m and 0.63 g/t Au over 1.40 m from 424.40 m. Budget and exploration plan for 2024: The planned JV budget for 2024 is CAD 7 million.

Aurion is fully financed to contribute its 30% share of the planned expenditure. The exploration plans include approximately 10,000 m of diamond core drilling in various target areas including the Helmi Discovery, as well as testing selected geochemical and geophysical targets elsewhere within the extensive (290 km2) JV property that covers tens of kilometers of the highly prospective major crustal scale structure. Other planned activities include rotary air blast drilling, base of till sampling and geophysical surveys.

The ongoing drilling program will test several targets including the structural trend between Helmi and Rupert Resources' 4+ Moz Ikkari Discovery. Background: The JV (30% Aurion/70% B2Gold) covers approximately 290 km2 along the major crustal scale Sirkka Shear Zone in the Central Lapland Greenstone Belt and includes a number of discoveries such as Helmi (2.05 g/t Au over 77.50 m), Kutuvuoma (16.47 g/t Au over 11.0 m), Soretiavuoma (48 g/t Au over 1.1 m), Sinermä (0.54 g/t Au over 40.2 m), Kiekerömaa (5.8 g/t Au over 5.0 m) and Kettukuusikko (4.33 g/t Au over 20.4 m). B2Gold is the operator of the JV.