Brief: Aurion Options Outa Project In Finland To Kinross

Aurion Resources

15/02/2018 19:00

Feb 15 (Reuters) - Aurion Resources Ltd  AU.V : 
    * AURION OPTIONS OUTA PROJECT IN FINLAND TO KINROSS 
    * AURION RESOURCES SAYS SIGNED A NON-BINDING LOI WITH 
KINROSS GOLD 
GIVING KINROSS RIGHT TO EARN UP TO 70% OF OUTA PROJECT 
    * AURION RESOURCES LTD - UNDER TERMS OF LOI KINROSS MUST 
SPEND 
US$5 MILLION OVER 5 YEARS TO EARN A 70% INTEREST IN PROJECT 
    * AURION RESOURCES LTD - KINROSS HAS AGREED TO COMPLETE A 
FIRM 
US$1 MILLION EXPLORATION EXPENDITURE OVER FIRST TWO YEARS 
 
Source text for Eikon:  ID:nCNWtm1zVa  
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