Aurania closed an option agreement with St-Georges and its Iceland Resources subsidiary in May 2026. Aurania can earn 70% by spending US$5 million over four years after a US$150,000 share payment and contributing US$200,000 of shared management costs; no ownership has yet vested. A further US$2 million can raise ownership to 100% if St-Georges elects a royalty rather than retaining 30%.
- Country
- Iceland
- Commodity
- Au
- Stage
- Exploration