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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 Timeandmoneyon Jun 07, 2024 2:29pm
285 Views
Post# 36078150

Historical Drill Results

Historical Drill ResultsDoug,

As per the recent threads on the subject of the total drilling distance that has been completed on the Ishkoday to date, can you please let the group know how much of the total distance can be used in the production of a current 43-101 report.

I am no expert and don't want to speculate about what I think are the regulatory facts.

I recall reading somewhere that there may be a time limit on using drill results from the past. They essentially become stale dated and cannot be used as data to support any form of current regulator approved reports.

I note that LME has been doing some work on old drill holes and suspect that may have something to do with bringing their historical data up to current regulatory standards or the data they update is being used to enrich the integrity / quality of their computer models. Maybe work on the old holes achieves both of these items?

I look forward to your response.

Time and Money - An LME long.
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