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Laurion Mineral Exploration Inc V.LME

Alternate Symbol(s):  LMEFF

Laurion Mineral Exploration Inc. is a Canada-based mid-stage junior exploration and development company. The Company is engaged in the acquisition, exploration and development of Canadian gold and base metal mineral resource properties. It is focused primarily on its wholly owned 57.43 square kilometers (km2) (14,191 acres) flagship brownfield, Ishkoday Gold and Polymetallic Project, located 220 kilometers (km) North-East of Thunder Bay, Ontario, Canada. Its Ishkoday is situated in the Onaman-Tashota Greenstone Camp in the Irwin, Walters, Elmhirst and Pifher Townships located 25 km northeast of the Town of Beardmore, Ontario and 220 km northeast of Thunder Bay, Ontario. It holds a 100% interest in Brenbar, which consists of two mining leases covering 255 hectares contiguous and to the west of Ishkoday. It has a 100% interest in the Jubilee-Elmhirst, Beaurox and Twin Falls property. The Company also owns a 30% joint venture interest and Canadian Gold Miner Corp.


TSXV:LME - Post by User

Comment by Timeandmoneyon Oct 18, 2022 10:25am
334 Views
Post# 35031232

RE:RE:RE:RE:RE:RE:RE:Assay Results

RE:RE:RE:RE:RE:RE:RE:Assay ResultsTeam LME,

My view is that the sample preparation and assaying was not completed chronologically and results for the missing holes from today's PR are still outstanding from the lab.

You can Google search for a report titled "Analyst's Notes: How to read drill results & numbers to watch out for" Feb 16th, 2021 and draw your own conclusions.

The section titled Gaps in Drill Hole Numbering begins with:

Gaps in Drill Hole Numbering

A good way for readers to verify that no holes have been left out is to check the numbering of the holes and whether, or not, there are gaps in the numbering. If there are, these could be the results of the company having had to abandon a hole because of drilling problems (but this should be specifically disclosed), or if the sample preparation and assaying was not done chronologically and results still outstanding. However, the ‘results outstanding’ reason should fall away after a few weeks.  

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