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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

Post by DouglasGVasson Oct 18, 2024 8:32am
624 Views
Post# 36271246

Resource numbers

Resource numbersLAURION follows NI 43-101 standards closely, so we’re very careful about any resource numbers we put out—nothing gets mentioned unless we can fully support it and can be validated. If you’re looking for accurate info, check out our press release from February 15th, 2024. It mentions that the exploration potential at Ishkday ranges from 22.5 to 45 million tonnes, with gold grades between 0.11 g/t and 8.67 g/t Au.  USCG has done their own extensive due diligence over 14 months and has established an opinion of LME baseline/Bluesky resource numbers. The "2.5 million ounces defined by drilling" number that’s been circulating wasn’t stated by LAURION.  
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