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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

Post by Smitty64on Apr 20, 2022 1:53pm
410 Views
Post# 34617249

ASSAY Results for Dummies

ASSAY Results for DummiesThis post is moreso directed to this board's unsung hero DAM$ - thank you for all you do! Admittedly I don't have much knowledge in the space but this stock caught my eye a while back and I have been hooked ever since. 

I read the press release and saw the new assay results have a g/t ratio of 1.21 g/t. All my research tells me anything over 4 is very compelling. It seems we are not there yet? Can somebody please explain the current process/progress and why the results are deemed "This is the most POSITIVE" on Cynthia's LinkedIn if haven't hit a g/t over 4?

Lastly, are there more Assay results coming from the Jan 2022 drill program or do they mean future assay results will follow with future drill programs AKA will we have to wait another 4 months? 

Thank you!

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