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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 LeChefDoron May 09, 2024 7:28pm
337 Views
Post# 36032444

RE:RE:RE:RE:RE:RE:RE:USCG Update- Doug

RE:RE:RE:RE:RE:RE:RE:USCG Update- DougAgreed - who would pay another company 250k to simply understand the data room. Im sure that's a part of it, it's obvious that they would need to undertsand LME before conducting business on behalf of it, but surely theres a legit reason to bring them on.

I believe I saw there was certain date by when the 250k will be refundable if USGC doesn't complete the job. Can they simply extend this period? Or can we reach this date and hear nothing about how the "due diligence" went and assume that they kept the 250k for completing the job? Well the due diligence review process is now allegedly complete so lets see WHAT they were assessing...

There's been some good vibes lurking in the atmosphere or shall i say in the ~veins~, including Cynthia indicating financial prosperity to shareholders, a few million dollar buys, the extension of the stacked veins, and now completion of the due diligence period. Anything else im missing? Did we get an answer as to who the buyer of the Flow Through shares was?

Chef Long
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