Laurion Mineral Exploration Inc. LMEFF

Primary Symbol: V.LME

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. > New Basement Price!

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Comment by GoldBelton Oct 17, 2024 12:54pm

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Post# 36270192

RE:RE:RE:RE:RE:New Basement Price!

If it's only 2.5M oz after 20 years of work on the site after talk of 10M oz from the ceo....this is a HUGE disappointment.

There's numerous properties for sale with over 5M PROVEN OZ in North America.

2.5M isn't enough to attract a significant premium or buyer considering other more attractive properties...so let's hope that number is actually MUCH higher.

If I recall correctly this 2.5M figure was the same amount from the property of merit and LME has done more drilling since. If all the drills haven't added to the resource than how has shareholders value added??

Can we get a actual professional answer from PR? No fluff "Ace in hole" type answers.