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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

Post by littledude28on May 13, 2024 9:31am
633 Views
Post# 36036557

How many GEO's?

How many GEO's?

Is anyone else pulling their hair out thinking about how many GEO's LME has?

How many are proven and how many are inferred?

Did they keep expanding the strike zone because they are still shy of their 10 mill target or is there such an abundance of gold and other precious metals that they've surpassed these targets and matlas' $30.00 price target is not as insane as we think?

He recently posted in reddit saying he believes a BO coming middle of May and $30.00/share is on the lower end of the spectrum and this really got my hopes back up to when I first bought in years ago.

Has LME done enough drilling to prove the 10 million GEO's or will the majority of the minerals be considered inferred?

Are there other ways of proving GEO's that do not involve producing an MRE?

 

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