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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 Smitty64on Dec 06, 2023 2:54pm
233 Views
Post# 35771565

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

RE:RE:RE:RE:RE:RE:RE:RE:Gold continues upward momentumThis is taken from the latest PR, " Against the backdrop of its recently completed, over-subscribed private placement of flow-through shares, LAURION continues to be well-positioned to advance the Ishkoday Project. The use of proceeds from the financing, which amount to approximately $2.88 million, will include activities that will support the preparation of a new technical report for the Ishkoday Project. The new technical report is expected to be completed in 2024 and in accordance with National Instrument 43-101 – Standards of Disclosure for Mineral Projects (“NI 43-101”). "

Outright states that the PP will be used to fund a MRE in 2024.

Therefore in 2024 we should have: 
1) Price of Gold at All Time Highs
2) Results from our best Assays yet (2023 drill program)
3) Completed MRE 

Get the popcorn ready, just not sure if this movie is going to be a horror flick or a love story!
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