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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 ahsineegon Feb 16, 2024 2:28pm
264 Views
Post# 35884730

RE:Kinross Gold lifts Great Bear inferred resource by 45%

RE:Kinross Gold lifts Great Bear inferred resource by 45%This is great news.  Just goes to show you that what's in the reports is very conservative and can only be expanded with more drilling.  

Speaking of our report, we really should NOT be trying to infer any quanity of gold / mineralization from it.  As the report says, more drilling needs to occur before that can happen.  I ran my own set of calculations based on the method shared yesterday (low end, high end, and average)....I come up with very different quanities of gold than what was shared by others.  The main difference in my methodology was to calculate each region/area of the propery separatly, then adding up each line.....NOT using the Total range number at the bottom of the table.
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