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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 Thebluestroyon Dec 06, 2023 9:49am
209 Views
Post# 35770746

RE:RE:RE:RE:RE:RE:RE:RE:RE:Gold continues upward momentum

RE:RE:RE:RE:RE:RE:RE:RE:RE:Gold continues upward momentum

I mean someone can probably explain this more technically. 


if they do indeed have a mineral resource estimate at 10m + geos and the property is located near infrastructure (major highway etc and town relatively close) with potential for open pit mining it becomes an attractive target.  I think the biggest thing is how accessible all the gold is and it seems that's the case  since we are an attractive property iit should set us up  


if a buyer comes to the table between $200-300 per ounce that's a multi billion dollar bagger. I assume buyers also forecast out on spot gold price. 

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