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Laurion Mineral Exploration Inc V.LME

Alternate Symbol(s):  LMEFF

Laurion Mineral Exploration Inc. is a Canada-based junior mineral exploration and development company. The Company is engaged in the acquisition, exploration, and development of mineral resource properties. The Company is focused primarily on its wholly owned 47 square kilometers (km2) flagship brownfield, Ishkoday Gold, located 220km North-East of Thunder Bay, Ontario, Canada. The Company’s 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. The Company holds Twin Falls property, which is contiguous and lies west of the Ishkoday Project. The Company also holds a 100% interest in Jubilee-Elmhirst, and Beaurox. The Company also owns a 30% joint venture interest and Canadian Gold Miner Corp.


TSXV:LME - Post by User

Comment by LaurionLongon Apr 26, 2023 10:57am
204 Views
Post# 35414531

RE:RE:There's alot happening

RE:RE:There's alot happening

Same as most folks who own LME I'm guessing.  I get told by the big dog that told me about it.   In this case I was told that he talked to a member of the board who confirmed the proven resources from DRAs work (which makes sense) and also confirmed that these will not be disclosed prior to an acquisition.  


I also think about it logically.  DRA is there to confirm proven resources and they're still there after 4 months and working.  Makes sense that the resources start to move from inferred to proven.  Cynthia thinks that there's 10mm GEOs and she's explored 30% of the property so the math checks out too.  


It's actually a pretty simple way of looking at this whole thing but it's sensible.  

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