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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.


TSXV:LME - Post by User

Laurion Mineral Exploration Inc > Narrow widths
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•••
Comment by ahsineegon Sep 05, 2024 9:59am
329 Views
Post# 36209670

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Narrow widths

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Narrow widthsThe Greenstone mine is one of many mines that Equinox operates.  When you did deeper into their portfolio, you see that the Greenstone mine is the BEST mine they own.  It is expected to be it's lowest cost mine, and produce the most gold.  That's why they paid $$$ to aquire 100% interest.

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When you analyze the Equinox mix of mines, it really makes you appreciate how Cynthia is developing and positioning LME to be acquired.  If someone needed a low cost mine, in a friendly jurisdiction, with agreements with indigenous groups in place, the environmental / permiting work well underway, with a large land package home to 2 past producing mines, and an extensive geological database...you'd request access to LMEs dataroom and make an ALL CASH offer.  


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