- Laurion Mineral Exploration (TSXV:LME) is announcing impressive assay results from its fall 2023 drill program on the Ishkoday project in Ontario
- Intercepts reached as high as 29.45 g/t gold over 3.5 metres, including 186 g/t gold over 0.55 m, extending Sturgeon River Mine mineralization by 600 m to the northeast
- Laurion Mineral Exploration is a 72-per-cent-insider-owned junior mining company validating known gold, silver, zinc and copper mineralization in Ontario
- Laurion Mineral Exploration stock (TSXV:LME) has added 17.86 per cent year-over-year and 395 per cent since 2019
Laurion Mineral Exploration (TSXV:LME) is announcing impressive assay results from the first five drill holes from its fall 2023 program on the Ishkoday project in Ontario, about 220 kilometres northeast of Thunder Bay.
The completed diamond drill program consisted of 3,636 metres across nine drill holes. The first five drill holes targeted the northeast extension of the Sturgeon River Mine, whose mineralized system is composed of the No. 1, 2 and 3 quartz veins, in addition to other quartz veins and shear structures. The original system was historically defined over a strike length of 450 m.
Results support a significant 600 m mineralized extension, with the system remaining open at depth and along strike. Intercepts reached as high as 29.45 g/t gold over 3.5 m, including 186 g/t gold over 0.55 m, further substantiating the project’s known gold mineralization.
Drilling data will serve to update the 2-D and 3-D geological mineralization model, as well as provide “a solid technical base to initiate further diamond drilling programs in this area,” according to a news release.
Click here for full highlights from Laurion Mineral’s first five diamond drill holes of fall 2023.
President and CEO Cynthia Le Sueur-Aquin (right) and crew analyzing geology at the Ishkoday project. Source: Laurion Mineral Exploration.
Laurion Mineral Exploration is a junior mining company advancing its 100-per-cent-owned Ishkoday polymetallic gold project. Insiders own approximately 72 per cent of the company’s outstanding shares.
Laurion Mineral Exploration stock (TSXV:LME) last traded at C$0.50 per share. The stock has added 17.86 per cent year-over-year and 395 per cent since 2019.
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