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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 JohnT121on Apr 29, 2021 12:00am
171 Views
Post# 33088897

RE:No news news release

RE:No news news release

Only partial news release was posted here, this is the full release ...
2021-04-28 13:18 ET - News Release

 

 

Ms. Cynthia Le Sueur-Aquin reports

LAURION CORPORATE UPDATE

Laurion Mineral Exploration Inc., at the request of the market Surveillance group of the Investment Industry Regulatory Organization of Canada (IIROC), advises that the corporation is not aware of any material undisclosed corporate developments and has no material change to report at this time that may be contributing to the level of trading activity of its shares.

The corporation will keep the market informed as required. Laurion requests that the reader refers to the most recent press release dated April 13, 2021, in which Laurion announced it had initiated a program of 10,000 metres of drilling on its Ishkoday project, located 28 kilometres northeast of Beardmore, Ont. The corporation is on track with respect to its stated goals and timelines in achieving those goals.

About Laurion Mineral Exploration Inc.

The corporation is a junior mineral exploration and development company listed on the TSX Venture Exchange under the symbol LME and on the OTCPINK under the symbol LMEFF. The corporation currently has 210,487,262 outstanding shares, of which approximately 73 per cent of Laurion's issued and outstanding shares are owned and controlled by insiders who are eligible investors under the friends and family categories.

Laurion's emphasis is on the development of its flagship project, the 100-per-cent-owned mid-stage 47-square-kilometre Ishkoday project, and its gold-rich polymetallic mineralization with a significant upside potential. The mineralization on Ishkoday is open at depth beyond the current core drilling limit of negative 200 metres from surface, based on the historical mining to a negative-685-metre depth, in the past-producing Sturgeon River mine. The recently acquired Brenbar property, which is contiguous with the Ishkoday property, hosts the historic Brenbar mine and Laurion believes the mineralization to be a direct extension of mineralization from the Ishkoday property.

We seek Safe Harbor.

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