Aurania Corrects JV Details with St-Georges on Iceland's High-Grade Thor Gold Project

Aurania Resources issued a source correction today confirming its April 27, 2026, option/joint-venture agreement with St-Georges Eco-Mining to advance the under-explored Thor epithermal gold project near Reykjavík, Iceland. Aurania can earn 70% interest by issuing US$150,000 in shares at closing and funding US$5.0 million in exploration over four years, with staged minimums starting at US$500,000 in year one, across a 51,300-hectare permit featuring historical assays up to 415.4 g/t Au; it can buy to 100% for an extra US$2.0 million. Following initial announcements from both companies this morning, the deal spurs positive sentiment for junior gold explorers and mild bullish Gold tone, though spot prices await drill results and TSXV approval.