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. > USCG expiry

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Comment by DAM$on Feb 29, 2024 5:28pm

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Post# 35907753

RE:RE:RE:RE:RE:RE:RE:RE:RE:USCG expiry

As to the why the stockpile hasn't been monetized is likely the need of a processing plant to get the gold out of the rock. Metal House will have first right of refusal to buy the gold produced but they do not produce it. That pile won't be monetized until there is a processing plant or one sitting idle waiting for truck loads of rock to be delivered. It would take about 24 trailer loads if there are plants that can do it.
My guess is it will be processed by the next guy.

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