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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 DAM$on Sep 14, 2021 11:26pm
343 Views
Post# 33860047

RE:RE:Any News?

RE:RE:Any News?The lack of assay results is not an LME Only problem but a common problem every business seems to be suffering from in 2021 and that is the lack of staffing and additional Covid protocols causing delays up to 3 months. Here is a link to one of the articles I found on it
https://resourcemaven.ca/blog/why-so-slow-labs
This should mean we are soon due for the results to get the share price to Mister Big Gold's $4 per share while whom ever does their due diligence

Patiently waiting and looking forward to $4 and beyond


Below are examples of newsreleases with respect to the industry wide lab delays

Magna mining:  Numerous assay results are pending due to severe delays in assay turnaround times. There have been 2,228 samples sent to the assay lab for analysis and to date only 426 received, leaving 1,802 outstanding. This issue has been discussed with senior management at the assay provider and attributed to a high turnover in assay lab staff. Steps have been taken to ensure better turn-around-times going forward.

Durango Resources has encountered further lab delays due to a Covid-19 breakout at one of the processing facilities Feb 2021

Assay results from Gateway Mining's (GML) wholly owned Gidgee Gold Project in Western Australia are stuck in an industry-wide assay laboratory capacity shortage. Sept 2021

Northstar Gold Corp. is experiencing chronic COVID19-related delays receiving results from the assay lab  May 2021
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