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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 tuscanyboundon Sep 30, 2022 11:07am
1007 Views
Post# 34997525

mineralized Corridor

mineralized CorridorPerhaps the biggest point as posted prior is the new zone size of 6 km X 2.5 km. As per the original Factsheet on Laurion website.

LAURION is focussed on validating the existence of near surface bulk mineralization in Gold-Silver and Gold-Zinc rich polymetallic resource component which extends over a 3 km x 1 km area, which will validate the feasibility for an open-pit model.

Potential for 10+M GEOs potential (3km² ) – via stacked veins, in Gold-rich and/or Gold polymetallic-rich sulphides.

We increased to 6 km X 1 km in March 2022 Corporate Update - Focus on validating existence of near surface bulk mineralization over 6kmx1km area.

We are now at 6 km X 2.5 km for a 5 Fold increase from the 3 km X 1 km strike zone. It obviously may not translate to a 500% increase in GEO’s (Gold Equivalent Ozs) but if it did, it would be 50 Million GEO.

They said they are now going to investigate the potential of the Brenbar/Sturgeon River areas. Possibly extending it from 6 km to 7-8 km maybe.

I’ll happily take double. When this sells and IT WILL, it will be HUGE!
Having been invested starting at .11-.20cents since 2019, I am here for the long.
If investing was easy, everybody would do it; we, with the will power to withstand the changes, will ultimately profit. 

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