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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 > Historical Drill Results
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Post by Timeandmoney on Jun 07, 2024 2:29pm

Historical Drill Results

Doug,

As per the recent threads on the subject of the total drilling distance that has been completed on the Ishkoday to date, can you please let the group know how much of the total distance can be used in the production of a current 43-101 report.

I am no expert and don't want to speculate about what I think are the regulatory facts.

I recall reading somewhere that there may be a time limit on using drill results from the past. They essentially become stale dated and cannot be used as data to support any form of current regulator approved reports.

I note that LME has been doing some work on old drill holes and suspect that may have something to do with bringing their historical data up to current regulatory standards or the data they update is being used to enrich the integrity / quality of their computer models. Maybe work on the old holes achieves both of these items?

I look forward to your response.

Time and Money - An LME long.
Comment by DouglasGVass on Jun 07, 2024 6:10pm
Approx. 82,299 meters and 428 diamond drill holes have been drilled since Cynthia started.  Also over 25,000 channel samples have been collected.  All of this data is used in the 43-101 technical report of merit.  LME does not have any drill cores from the drilling done in 80's and 90's so this data cannot be used in the 43-101 report.
Comment by Nuggetz on Jun 08, 2024 12:31am
Doug do the buyers have the results  from the 80's and 90's drilling program ? 
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