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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. > Asking some hard questions
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Comment by ahsineegon Jan 16, 2025 1:50pm
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Post# 36407550

RE:RE:RE:RE:RE:RE:Asking some hard questions

RE:RE:RE:RE:RE:RE:Asking some hard questions To further add, I don't think any "delay" is this closing is caused by not being able to raise the money....I believe this deal is dependent on the price of gold being above $2,700 USD and in a clear breakout phase....which is now is again.  The 2 page exec summary doc outling the deal structure clearly states that the plan is to process the 90,000 oz of gold is the waste rock pile/shaft and use that profit to continue to aggressibly drill the rest of the Ishkoday.  How high does the price of gold need to be? I don't know, but the higher, the better :)   

Exciting times ahead!

GoldenBull999 wrote: Thanks for the additional info!


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