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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 StevenHunteron Nov 09, 2023 8:59pm
235 Views
Post# 35727457

RE:RE:RE:RE:RE:Probably just resetting expectations

RE:RE:RE:RE:RE:Probably just resetting expectationsYeah that's fair.  What I was trying to say is that it'll be part of tidying up a transaction but not something that will cause a transaction.  As in, an MRE won't attract buyers but a serious buyer in end stages will likely want one done.  Probably by their folks.

Don't take that as bible though, that's not from Cynthia that's just my opinion based on what's been said before.  I remember one the team that I met at the Ishkoday trying to explain just how advanced and universal the program that explorers use to map data is nowadays but I can't claim to have understood it really.  

Lots of info that is meaningful to properly trained geologists that enables decision making at earlier stages of exploration without a resource estimate.

Hope that makes sense.

-Steve

hardHatHill wrote: Steve, it seems the statements you made conflict with one another on who's to execute the MRE work.

In your original post, you stated that "..any transaction will most likely not proceed without one." refering to the MRE.

Now you're saying "That doesn't mean it has to be Cynthia and team who execute that work.   Far from it." referring to a company other than Laurion executing the work.

Please clarify which it is




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