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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 FaxNoPrinteron Aug 19, 2024 10:15am
205 Views
Post# 36185779

RE:Is this the week?

RE:Is this the week? Agreed Lambo. RE your first point on USCG - I think it's valuable to retrace our steps in where the language of 'completed' came from. I get the sense that most readers on these forums rely on other users to sythentize SEDAR+ information on their behalf. As far as I can tell, LME (to date) has been cautious to describe their USCG partnership/ due diligence as 'completed' or that its finally reached an end point so to say. 

Pg.11 of the most recent MD&A continues to read as, "Since the announcement, US Capital Global has progressed to the latter stages of its due diligence review process."

There was an earlier user post on these boards (maybe 2 months ago?) that suggested USCG's due diligence is 'complete', but that kind of definitive language isn't consistent LME's official communications.  

It's a small but critical detail in actual progress. If anyone can find the SEDAR+ posts that due diligence is complete, I welcome those facts!

- LME Long (but also exhausted of the ride)


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