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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 Nov 14, 2023 9:38am
314 Views
Post# 35734074

RE:RE:RE:New Press Release - LAURION Provides Update on Corporate Activities and Strategic Objectives

RE:RE:RE:New Press Release - LAURION Provides Update on Corporate Activities and Strategic ObjectivesI am in agreement with Goldbelt and Thebluestroy.  A couple of points to add, 
- Why did they release this PR today? THE AGM is tomorrow, could they not have discussed this in the meeting and followed up with a PR afterwords.  Are they sending a message to someone?
- If this is a PR on Strategic Objectives, would it not make more sense to give more details on the objective of the 43-101, ie drilling X number on new twin falls claims and then produce the 43-101, or complete the 43-101 by certain time and then provide an update when twin falls drill numbers come in. If they have all the data in the data room, I don't think it would be too difficult to put together the 43-101, but what do I know, I am just a guy posting on this board. Lol.
-Also with regards to US Global, the fee paid to them is a refundable $250000 deposit, if a transaction is not completed to LME satisfaction, but the PR says they are in late stages of due diligence review process.  Is there an offer that they are reviewing to earn their fee?

I think something is happening behind the scene, hopefully we find out before long.

Matlas, time to come out of the cave, would like to get your take on this.
TraderRC
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