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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 Jan 16, 2025 1:47pm
615 Views
Post# 36407544

Staying the course

Staying the courseLME shareholders,
As we approach the AGM I want to point out that Cynthia has reached key milestones and goals over the past seven years while keeping the treasury flush with cash.  Proving out an attractive junior gold mining company in one of the best jurisdictions in the world continues to be the plan.  Engaging USCGP with the goal of sourcing, facilitating and executing a strategic acquisition is a process that takes time but progress is being made.  As an investor I want a transaction to happen asap but I also understand that certain things are out of our control.  We are in control of taking steps to prove out the Ishkoday as a world class mining asset.  As the largest shareholder and CEO, Cynthia has kept her promise to organize and orchestrate a robust exploration program each year with the goal of creating more shareholder value.  As a large shareholder myself I am confident that the "true" value of my shares in LME has increased every year based on key milestones, discoveries and achievements by the LME team.  The last two drill results were stellar and have proved that more high grade gold veins exist on the expansive 57sq km property.  I look forward to seeing many of you at the AGM and hearing Cynthia talk about our path forward in 2025.
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