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Aurion Grants Kinross 70% Interest in Finnish Property in Option Agreement

Dow Jones Newswires ·  Nov 8, 2021 07:50

By Adriano Marchese

Canadian exploration company Aurion Resources Ltd. said Monday that it has signed an option agreement granting Kinross Gold Corp. a 70% interest in the company's Silaskaira property in Finland.

Under the terms of the agreement, Kinross will receive the undivided 70% interest in the property by incurring a minimum of $5 million in exploration expenditures as well as paying Aurion a sum of 100,000 Canadian dollars, around US$80,274.

Write to Adriano Marchese at adriano.marchese@wsj.com

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