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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 matlason Mar 11, 2023 12:28pm
234 Views
Post# 35332586

RE:RE:DAM$ - your people need you! What's next?

RE:RE:DAM$ - your people need you! What's next?Right on ilovexau-the natives are getting restless and need to calm down!

However, I believe your post understates the significance of DRA's work, as well as why they want to keep it under wraps.

Although initially, when they were first mentioned, it was in connection with monetarizing the stockpile as you suggest, it is very clear from things that Roger posted some weeks back that their role has been greatly expanded beyond that. For sure, the stockpile is not of big significance. However, DRA's expanded role relates to the property as a whole and, I believe, is a vital part of LME's efforts to justify a high buyout price. They do, in fact, have a reason to withhold that info that relates to their whole BO strategy.
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