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 > More M&A Action - $2.16 Billion All-Cash deal

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Comment by Stepinupon Aug 12, 2024 1:58pm

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Post# 36174934

RE:RE:RE:RE:More M&A Action - $2.16 Billion All-Cash deal

Asked GPT for MRE info.....

The most recent Mineral Resource Estimate (MRE) for Osisko Mining’s flagship Windfall Lake Project, as of the last update, includes:

Windfall Lake Project MRE (2023):

• Indicated Resources:

• Quantity: Approximately 4.12 million ounces of gold.

• Grade: 11.4 grams per tonne (g/t) of gold.

• Tonnes: Approximately 11.39 million tonnes.

• Inferred Resources:

• Quantity: Approximately 3.57 million ounces of gold.

• Grade: 8.4 grams per tonne (g/t) of gold.

• Tonnes: Approximately 13.84 million tonnes.

This MRE highlights Windfall Lake as one of the highest-grade gold projects in Canada, which played a significant role in Osisko Mining’s overall valuation and eventual sale.

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