Laurion Mineral Exploration Inc V.LME

Cynthia's update with optimum LME shareholder $value in 2022

[DAM$]

I have finally got the Update letter that has been discussed and Cynthia's comments regarding 2022 being the year we will see optimum share value
Hopefully this loads correctly
Cheers all

March 1st, 2022

From LAURION (LME) President/CEO (and LAURION's largest shareholder)   Cynthia E. LeSueur-Aquin

 

"I reiterate, the stage is set for

optimum LME shareholder $value in 2022."

"In December, January and February, LAURION's stock price

continued setting NEW all-time stock price highs."

 

Note: 

This is a milestone very few junior-miners ever achieve organically for their shareholders. 

 

"With all the uncertainty and upheaval developing around the global

pension funds, hedge funds, - the 'smart-money' are increasing their positions

in safe haven assets like GOLD and Gold stocks."

These NEW LME stock price highs 

are just the start of many NEW highs 

that LME shareholders will experience in 2022."

 

Based on deliverables your LME team has achieved behind the scenes in 

2018, 2019, 2020 and 2021, there is no better time to be a 

LAURION (LME) shareholder."

 

LME:TSX.V (Canada)

and

 LMEFF:OTCPINK (USA)

 

"Welcome to LAURION's exciting 2022 path.”

 

LME's Ishkoday Project Video Clip #1

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LME's Ishkoday Project Video Clip #9

 

Building on LAURION's Two (2) High-grade Past-Producing Legacies

LAURION's historic Quebec Sturgeon River Gold Mine (1935-1942) commenced shaft sinking on the No. 3 Quartz Vein under ground development, producing 45 tonnes per day by 1936 - operations were suspended in 1942 due wartime restrictions imposed.   By 1942, the main shaft had reached 680M level, with lateral work below 565M production level showing expanding picture for both ore veins and grade.   The Quebec Sturgeon River Gold Mine production grade averaged 17g/t Au and 4.11g/t Ag.   The Quebec Sturgeon River Gold Mine fell into obscurity due to the war effort, until LAURION recognized its forgotten untapped potential, in 2007.

LAURION's historic Brenbar Gold Mine operated from 1941-1949 but ceased due to manpower shortage during the WWII.   The Brenbar Gold Mine operation (adjacent to LAURION's Quebec Sturgeon River Gold Mine) extracted 150 tonnes @ 48.7g/t Au over 65cm width, 26m strike length, stock piled ore in 45 gallon drums. The average processing grade realized was 20g/t Au.   The Brenbar Gold Mine fell into obscurity and was forgotten, until LAURION acquired its mining claims and leases reviving the historic mine's untapped potential.

Surface showings from the #3 gold-quartz vein at the former site of the Quebec Sturgeon River Gold Mine returned 95g/t gold and 51.6g/t gold over a 30cm vein width, confirming the historically reported higher gold grade nature of this vein at surface.   In addition, two samples of the adjacent host rock over approximately 50cm width returned values of 1.35 g/t gold and 1.16 g/t gold, indicating that the host rock carries significant gold grades. Some165m S of the Quebec Sturgeon River Gold Mine shaft, 2 samples taken from the #3B quartz vein returned values of 34.6 g/t gold and 25.3 g/t gold.   LAURION's historic Quebec Sturgeon River Gold Mine remains highly prospective.

LAURION has invested $17+million on its Ishkoday Project since 2007, expanding and creating an extensive resource definition database, created from executed geophysics, soil geo-chem, 28,000+ channel sample points through trenching, overlaid with IP Surveys, and finally with 68,630m of diamond drilling exploration steps.   LAURION's strategic field work continues to strongly indicate major 'vein stockworks', that can be observed in other 'Greenstone belts' in the Canadian Shield such as at the Dome, Canadian-Malartic, Detour and Sigma-Lamaque Deposits from the Abitibi Greenstone Belt.

 

The abundance and proximity of these vein sets/horizons within the ISHKODAY's 'Target Area', highlights and confirms a strong probability of near surface bulk metal potential, as well as individual higher gold grade veins that could be developed separately.

 

Laurion’s results to date indicate that the gold-mineralizing event or events are very widespread. The historic Quebec Sturgeon River Gold Mine data further suggests that mineralization may be more extensive beyond the 600m depth of the historical mining effort.

 

Ore-Bearing Surface Stockpile and Tailings

 

Mining from the Quebec Sturgeon Gold Mine generated surface stockpiles from the mining operation between 1936-1942. A 2013 Technical Report provided a resource estimate for both the surface stockpile and the tailings deposits totalled 281,571 tonnes grading 1.14 g/t gold for 10,327 contained ounces of gold (see the Corporation’s news release dated April 23, 2013). 

 

Gravity recoverable gold metallurgical test work completed in 2010 indicated that 87.5% of the gold could be concentrated by gravity. The combination of Knelson Concentration with cyanidation of the gravity tailings gave a combined recovery and extraction of 98.5%. 

 

LAURION’s 2020 & 2021 Drill Campaign and the 2018 to the present Exploration Development Program executed has built on the legacy of these two (2) high-grade past-producing; the Quebec Sturgeon River Gold Mine (at 17g/t Au and 4.11g/t Ag ) and the Brenbar Gold Mine (at 20g/t Au).

 

Both historic gold mines are jointly situated on LAURION’s Ishkoday substantive land package, and which is strategically (geographically) positioned contiguous to Argonaut Gold Inc.'s (to the North) and to Equinox Gold's (to the South-West) mining land packages.

 

LAURION is well positioned with its two (2) high-grade past-producing mines, and

a historic surface ore-bearing stockpile and tailings as a 'revenue generator'.

 

And, LAURION's Ishkoday Project continues to generate significant

upside potential with its NEW surface and near-surface mineralized zones discoveries.

 

LAURION has GOLD, SILVER, and Base Metals (Zinc and Copper)