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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 goldfish4on Oct 05, 2023 1:34pm
914 Views
Post# 35671451

Press Release Jan/23

Press Release Jan/23Plans for exploration.The planned exploration activity will focus on zones of potential concentrated mineralized structures as to generate the grade and tonnage necessary to be considered for potential development. From the press release Jan 20/23 . Yes they have found gold across the property from channel sampling and drilling but no tonnage. The metal endownment within this 2.5k x 6k corridor is huge, finding an area where it is concentrated enough to develop is another story, so far its been a hit and miss after drilling the best IP targets and veins to date, maybe the new drilling program will be more sucessful outlining an ore zone.  As Cythia has stated many times the property has the potential to hold up to 10 million or more geos, all they have to due is find a few million ozs in a concentrated area, this may take years of drilling to prove up a deposit that can be developed or it maybe a total bust,only the drill core will tell the story. 
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