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Aurion Resources Says Kinross Terminated Option Agreement For Launi East Property
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Aurion Resources Says Kinross Terminated Option Agreement For Launi East Property
May 19, 2026 7:05 AM

09:37 AM EDT, 05/19/2026 (MT Newswires) -- Aurion Resources ( AIRRF ) has received notice from Kinross Gold Corporation's ( KGCRF ) Finnish subsidiary, KG Exploration Finland Oy that Kinross has terminated its option to acquire a 70% interest in Aurion's Launi East Property, Aurion said on Tuesday.

As a result, Aurion retains its 100% interest in Launi, it said and added that Kinross has held the option since August 21, 2023, and has incurred total exploration expenditures of more than US$2 million on the Property.

Kinross is obligated to provide Aurion with all the technical data resulting from Kinross' work within 45 days of the termination, the company added.

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