Laurion Mineral Exploration Inc. V.LME

Alternate Symbol(s): LMEFF

Metals & Mining Gold

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.

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Laurion Mineral Exploration Inc. > Greenstone Mine (Equinox) Comparison

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Post by ahsineegon Feb 22, 2024 8:52am

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Post# 35892829

Greenstone Mine (Equinox) Comparison

Equinox Gold relased their financials last night, and investor call is happning in 2 hours to discuss. I was most interested in reviewing their results as they had said they would provide updated guidance about the Greenstone mine (50km from the Ishkoday) which is scheduled to begin production in a couple months.

We hear a lot about how productions costs for LME will be super low...but what does that really mean? Look at the estimated cash costs and AISC (all in sustaining costs) that Equinox has estimated for their Greenstone Mine, in comparision to their other operating mines.

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