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TORONTO, ON / ACCESSWIRE / March 19, 2014 / Laurion Mineral Exploration Inc. (TSX.V: LME; OTCQX: LMEFF) ("Laurion") is very pleased to announce that Northstar Drilling of Thunder Bay has commenced drilling on the Corporation’s Ishkoday Property located northeast of Beardmore, Ontario.
The drill program will be composed of a total of 500m of diamond drilling to be completed in 2 holes. The two diamond drill holes will follow up on the diamond drill program executed in 2012 across 500 metres of stratigraphy on the northeastern extension of the “A”-zone on the Loki trend. The two holes will be proximal to diamond drill hole LBX12-010. The Corporation reported an intercept of 3.31 g/t Au, 18.1 g/t Ag, 0.09% Cu and 3.72% Zn over 12.84m, including 5.25 g/t Au, 40.1 g/t Ag, 0.29% Cu, 8.38% Zn and 1.24% Pb over 4.04m in diamond drill hole LBX12-010.(See press release October 18, 2012). The precious metal rich Volcanic Massive Sulphide ("VMS") Loki Trend has a postulated 3,000m strike length.
The technical information contained in this news release has been verified by Joe Campbell, P. Geo., consulting geologist with GeoVector Management Inc. Mr. Campbell is the project manager for Laurion's Ishkoday project and is a Qualified Person as defined in "National Instrument 43-101, Standards of Disclosure for Mineral Properties."
About Laurion Mineral Exploration Inc.
Laurion Mineral Exploration Inc. is a junior mining company focusing on the discovery and upside of its 100%-owned Ishkoday Property, a high impact VMS project, having a primary focus on gold and base metals.
With proven ability to develop early stage projects and create shareholder value by monetizing its discoveries and assets, Laurion has realized a total of $6.35 million in the last two years from monetization of its assets.
The Corporation's current emphasis is on resource development at the Ishkoday Property, located in Beardmore, Ontario, approximately 220 km northeast of Thunder Bay.
FOR FURTHER INFORMATION, CONTACT:
Laurion Mineral Exploration Inc.
Cynthia Le Sueur-Aquin - President
Tel: 1-705-788-9186
Fax: 1-705-788-9187
Website: http://www.laurion.ca/
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
This news release includes certain forward-looking statements concerning the future performance of Laurion's business, operations and financial performance and condition, as well as management's objectives, strategies, beliefs and intentions. Such statements include, but are not limited to, statements concerning the approval of Laurion's application to trade its common shares over the facilities of the OTCQX and the commencement of such trading. Forward-looking statements are frequently identified by such words as "may", "will", "plan", "expect", "anticipate", "estimate", "intend" and similar words referring to future events and results. Forward-looking statements are based on the current opinions and expectations of management. All forward-looking information is inherently uncertain and subject to a variety of assumptions, risks and uncertainties, including the speculative nature of mineral exploration and development, fluctuating commodity prices, competitive risks and the availability of financing, as described in more detail in our recent securities filings available at www.sedar.com. Actual events or results may differ materially from those projected in the forward-looking statements and Laurion cautions against placing undue reliance thereon. Laurion and its management assume no obligation to revise or update these forward looking statements