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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Comment by ahsineegon Sep 07, 2024 2:49pm

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Post# 36213285

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

As I mentioned earlier, it's easy to fixate on some numbers over others. It is in every investor's best interest to read the entire report, and speak in whole and complete sentences. You have neglected to state the higher end of the grade range across all zones in the mineralized corridor. See screenshot below. Based on the grade qualilty for each of the zones summarized in Table 25-1 (screenshot at bottom), I think LME shareholders can sleep well at night knowing the intrinsic value of the gold in the ground.

I would also remind everyone, that this report does NOT include any of the drill results from last year's fall and winter campaign, nor this spring/summer field work. That data came in after the report was prepared. As all of the results from those campaigns was positive, that would increase the grade / tonnage potential of the Ishkoday. Any one with access to the dataroom would be able to include those results in their own internal calculations.

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25.2.2 Opportunities
The property also hosts a mineral exploration potential. Exploration and drilling work caried out by Laurion over several mineralized zones such as the Brenbar, Brenbar_002, M25, M24, M21, Sturgeon No 2, Sturgeon No 3, esSturgeon No3, esSturgeon No2, esSturgeon No1, Tehya, Ahki, CRK, A2, Joe, A-Zone 006, A-Zone 005, A-Zone 003, A-Zone 002, A-Zone 001 has given good information to establish a global mineral exploration potential of 22.5 to 45 Mt at an average grade between 0.11 g/t Au and 8.67 g/t Au (Table 25-1).

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PtPdAu wrote: 101 page consultants report with a Bottom Line Conclusion, a conceptual grade as low as "0.11 g/t Au" .

Ha ha ha ha ha LOL Where's the Beef ? None at LME that's for sure..