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Bullboard - Stock Discussion Forum 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... see more

TSXV:LME - Post Discussion

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Post by Johnnytitans on Jan 09, 2024 7:23pm

Drill results

Would somebody in more of the know be willing to answer if the drill results were good or better then expected ? Thoughts on the press release
Comment by Wmaver on Jan 09, 2024 7:56pm
Steve the company rep had some good things to say "Terrific results to be sure.  The gold per ton is exciting but the big news is the extension of the strike zone.  They also found quartz veins at depth. This assay result demonstrates the expansion of the area with gold, higher amounts of gold and indications of more gold.  Can't ask for more than that. "
Comment by Lambosntendies on Jan 09, 2024 9:07pm
The results were great imo. Here are a couple of articles I found useful when starting to interpret drill results:    https://nextinvestors.com/learn-to-invest/mining/how-to-read-assays-and-drilling-results-for-beginners/   https://independentspeculator.com/drill-result-cheat-sheet   The "Coles notes":    When mining results are being ...more  
Comment by Wizzle on Jan 10, 2024 11:32am
Maybe everyone is just tired of waiting, but I was surprised there wasn't more excitement based on that release.  I thoguth it was great news.  
Comment by StevenHunter on Jan 10, 2024 11:54am
So there's no grey area on this one, it IS great news.  Any angle those results are viewed from, it's expansion of the zone, the highest grades LME has ever had (and there's been some great ones) and to the point of the previous post it furthers the story that there is gold everywhere on the property.  The story for buyers is that LME is an open pit opportunity and that the ...more  
Comment by Golden7777 on Jan 10, 2024 12:28pm
Ouch 
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