Laurion Mineral Exploration Inc. V.LME

Alternate Symbol(s): LMEFF

Metals & Mining Gold

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.

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Laurion Mineral Exploration Inc.

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Post by mithril56on Oct 17, 2023 9:31am

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Post# 35686902

How to Calculate All In Sustaining Costs (AISC)

I recall a while back someone was asking if the cost to acquire a property is included in or impacts All In Sustaining Costs (AISC).

The short answer is NO.

"Per the WGC Guidance Note, costs related to business combinations, acquisitions and disposals are excluded from AISC and AIC."

You can read all about AISC on the World Gold Council website: https://www.gold.org/about-gold/gold-supply/responsible-gold/all-in-costs

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