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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 GoldBelton Dec 11, 2023 4:33pm
351 Views
Post# 35778692

RE:RE:RE:RE:RE:Steve

RE:RE:RE:RE:RE:Steve

I believe that the announcement of proceeding with an MRE May have been a negotiation table tactic by LME/ US Capital Global... we can do the MRE but when it comes out you'll have to pay a lot more...and it might attract competitive bids. LME possibly believes their data room has all the information necessary to sell the property.  Note that GBR did not have a MRE and still sold.  I had GBR and very happy with its sale . I think LME has the better property with lower extraction costs with near surface deposits and proximity to infrastructure. 


 

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