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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 ahsineegon Oct 19, 2023 7:00pm
190 Views
Post# 35692039

RE:RE:RE:RE:Article

RE:RE:RE:RE:ArticleAgreed.  One of the very positives I took from the US Capital news release was...

Lisa Terk, Senior Vice President at US Capital Global, shared her excitement about supporting LAURION’s flagship project, stating, “The Corporation’s Ishkoday Project possesses all the factors of production required to develop a large-scale open-pit gold mine. The cost of extraction, production, and shipping to market is low compared to many other profit-producing mines operating today. These factors, combined with a healthy treasury, position LAURION as a prime acquisition for the right investor.” 

VERY positive to have the financial advisor confirm that all the work being done on the Ishkoday to validate costs of mining are LOW compared to other profitable mines.  We always believed this to be the case, but I have to assume the financial advisor has access to data that we do not have access to.
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