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Bullboard - Stock Discussion Forum 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... see more

TSXV:LME - Post Discussion

Laurion Mineral Exploration Inc. > Resource Estimate Report
View:
Post by StevenHunter on Feb 01, 2024 1:42pm

Resource Estimate Report

Hello all!

The name of the report referenced at the AGM is a Mineral Property of Merit.  This is also referred to as a report of Mineral Exploration Potential.

Translation : it's an estimate of how much stuff is in the ground.

I've never advertised myself as a geologist so you'll catch me out if you ask me about the details in the weeds of those reports.  It's all captured in the National Instrument 43-101 so if you want to deep dive into the report types you can google all of that.  I'd be interested in what you all turn up.

Feed in the recent drill results and it's an exciting time to look forward to reports of this type!

Hope that helps,

Steve
Comment by Toddsquad on Feb 01, 2024 5:22pm
Where appropriate, in terms of NI 43-101, an issuer may disclose in writing the potential quantity and grade, expressed as ranges, of a target for further exploration if the disclosure: (a) states with equal prominence that the potential quantity and grade is conceptual in nature, that there has been insufficient exploration to define a mineral resource and that it is uncertain if further ...more  
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