Aurion Resources (AU:TSXV) has been one of the best-performing junior mining stocks on the TSX Venture in the past 12 months. The company has risen from the ashes of a $0.035 low to a high of $0.265 per share today.
Aurion Resources jumps in June Stock Challenge
Aurion Resources captured the Daily Breakout Stock Challenge in June’s Stock Challenge Thursday after its shares broke out by 20%.
Aurion Resources’ latest press release is from February 29th, when it announced, along side with its partner B2Gold Corp. (TSX:BTO)(NYSE MKT:BTG) the results of a first-pass metallurgical test program at its Kutuvuoma gold project in Northern Finland.
The company traded between $0.16 and $0.18 that day. Below is an excerpt from that press release:
“The metallurgy testing was fully funded and directed by B2Gold Corp. (“B2Gold”), under an agreement whereby B2Gold can earn up to an undivided 75% interest from Aurion in a project area of approximately 25,000 hectares in Northern Finland by completing $15 million in exploration expenditures, a positive feasibility study and issuing 550,000 B2Gold shares (see Aurion news release of January 20, 2016 for details).”
Click here to read the entire press release.
Many juniors who’ve partnered with producers have been performing exceptionally well since the TSX Venture bottomed in January.
June’s Stock Challenge tightens up
June’s Stock Challenge has had a number of lead changes already, with member ‘glohuis’ taking the lead.
Top 5 in June Stock Challenge
Pinnacle member ‘Geopick‘ selected Aurion for June and saw his combined average return spike 10.23% Thursday.
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Pinnacle member ‘Geopick’ selected Aurion for June and saw his combined average return spike 10.23% Thursday.
