February 15, 2018 / 7:52 PM / 8 months ago

BRIEF-Aurion Options Outa Project In Finland To Kinross

Feb 15 (Reuters) - Aurion Resources Ltd:

* 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: Further company coverage:

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