Aurion Resources Ltd. - Corporate Update and COVID-19 Response
ST. JOHN'S, March 30, 2020 - Aurion Resources Ltd. (TSX VENTURE: AU) ("Aurion" or the "Company") would like to provide an update on ongoing activities at the Company's exploration properties in Northern Finland and its plans to manage risks posed by COVID-19 in compliance with health authority requirements and recommendations. The Company's priority is to protect the health and safety of its employees, contractors and stakeholders. In light of the increasing global risk due to COVID-19, the Company is increasing its efforts to ensure the safety of its team in Finland, St. John's and Toronto. The Company will continue to monitor the situation in Canada and globally and take actions based on the recommendations by the World Health Organization (WHO), Centers for Disease Control (CDC), Canadian and Finnish governments, as well as regional authorities.
In compliance with Canadian government requirements, the Company has repatriated all Canadian citizens working in Finland. All employees and contractors are being encouraged to work from home, where possible. Work programs requiring air-travel have been postponed until they can be undertaken safely.
At this time, the Company is pleased to report that none of its employees or contractors have been diagnosed with COVID-19. In an attempt to reduce the risk of COVID-19 exposure Aurion has restricted access to its camp and properties and has implemented a rigorous surveillance, monitoring and response plan.
Exploration activities are currently ongoing, at a reduced rate, on the company's wholly owned Launi and Risti properties. Results from exploration activities will be released in due course. Aurion continues to be well-funded and believes it can operate at this reduced rate through 2021.
"Our team is our most valuable asset. Given the rapidly changing global situation involving COVID-19, we want to ensure the health and safety of all of our team members, at home and abroad" said David Lotan, Chairman of the Board of Directors of Aurion. "We would like to take this moment to thank all the employees, consultants and contractors for their dedication to our projects, but we maintain that they come first. We will continue to monitor events globally and will address any changes as they occur."
About Aurion Resources Ltd.
Aurion Resources Ltd. (Aurion) is a Canadian exploration company listed on the TSX Venture Exchange (TSX-V:AU). Aurion's strategy is to generate or acquire early stage precious metals exploration opportunities and advance them through direct exploration by our experienced team or by business partnerships and joint venture arrangements. Aurion's current focus is exploring on its Flagship Risti and Launi projects, as well as advancing joint venture arrangements with Kinross Gold Corp., B2 Gold Corp., and Strategic Resources Inc. in Finland.
On behalf of the Board of Directors,
David Lotan, Chairman
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
SOURCE Aurion Resources Ltd.
Contact
Mark Santarossa, Vice President, Corporate Development, Cell: (416) 371-1325, Email: msantarossa@aurionresources.ca