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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 TraderRCon Jun 30, 2023 7:17am
158 Views
Post# 35521802

RE:Lme description change

RE:Lme description changeInteresting find lambosntendies, is this from the Stockhouse description?  I did not see on the Laurion website, I did notice a note about 20 mining leases and 18 mining claims.

As some have speculated that Laurion may be in negotiations with multiple parties, and with the description change outling different areas of the property, would be curious to hear thoughts on  the possibility of Laurion dividing uo the property and selling smaller portions to different companies as opposed to one company taking all.   Would Laurion fetch a high price selling pieces, as one company might be finding it difficult to come up with the financing/funds  for the entire property? 
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