Laurion Mineral Exploration today announced that it has closed its non-brokered private placement, which was initially announced on December 18, 2020, consisting of an aggregate of 2,172,000 flow-through units at a subscription price of $0.25 per Unit, for aggregate gross proceeds to the Corporation of $543,000. Each Unit consists of one common share of the Corporation issued as a "flow-through share" of the Income Tax [...]
Laurion Mineral Exploration Inc. today announced that it is proposing to complete a new flow-through private placement on a non-brokered basis. The Corporation intends to raise up to approximately $550,000 in gross proceeds by issuing up to approximately 2,200,000 flow-through units at a price of $0.25 per Unit. Each Unit will consist of one common share of the Corporation to be issued as a "flow-through share" of the [...]
Mineralized zone has now been extended to 550 m along strike and 420 m across strike, with 2 km strike length between A-Zone to CRK Zone Mineralized NE- and N-trending zones at CRK can be traced from surface to a maximum depth of 240 m with mineralization appearing to plunge moderately SW and remaining open at depth The majority of the CRK Zone remains open below 190 m depth Laurion Mineral Exploration Inc. and is pleased [...]
Laurion Mineral Exploration Inc. announces that it has today granted an aggregate of 1,250,000 incentive stock options to a number of its officers and directors. The Options are exercisable for a period of five years at a price of $0.23 per share and will vest over a period of two years. Specifically, the aforementioned Options were allocated in the following manner: Name of Optionee Position with the Corporation No. of [...]
Laurion Mineral Exploration Inc. and today announced that it has closed its non-brokered private placement, which was initially announced on November 27, 2020, consisting of an aggregate of 1,004,908 units and 704,908 non flow-through units ) at a subscription price of $0.25 per FT Unit and a subscription price of $0.22 per Non-FT Unit, for aggregate gross proceeds to the Corporation of $230,080. Each FT Unit consists of [...]
Laurion Mineral Exploration Inc. is pleased to report assay results for the first four drill holes of the ten hole, 2,962 m Phase 2 drill campaign, completed on the CRK Zone, Ishkoday Project. Assay results are pending on the remaining six holes. The Ishkoday Project is located approximately 220 km northeast of Thunder Bay, Ontario, near the town of Beardmore in the Onaman-Tashota gold belt. Highlights: LME20-025 14.25 m [...]
Laurion Mineral Exploration Inc. today announced that due to strong interest in its previous, fully-subscribed financing whereby certain prospective investors were unable to participate, the Corporation is proposing to complete a new flow-through and non flow-through private placement on a non-brokered basis for approximate aggregate gross proceeds of up to $250,000. Under the flow-through portion of the Private [...]
Laurion Mineral Exploration Inc. and is pleased to report additional surficial channel sample assays located within the CRK Zone, Ishkoday Project. This area is a target of LAURION's ongoing 2020 phase 2 drill program. Channel sampling was primarily done along trend from the main NE-trending CRK Zone, with lesser samples being collected along the N-trending Joe vein . Samples were collected in newly-uncovered and [...]
Laurion Mineral Exploration Inc. today announced that it has closed its previously-announced non-brokered private placement consisting of an aggregate of 1,556,321 units and 795,453 non flow-through units ) at a subscription price of $0.23 per FT Unit and a subscription price of $0.22 per Non-FT Unit, for aggregate gross proceeds to the Corporation of $350,000. Each FT Unit consists of one common share of the Corporation [...]
Three channel sample lines show continuity of high-grade mineralization for >29 m along strike High grade intersections include: 4.25 m grading 5.98 g/t gold, 9.93 g/t silver, 2.84% zinc Including 0.99 m grading 24.4 g/t gold, 22.3 g/t silver, 2.37% zinc 1.51 m grading 2.58 g/t gold, 21.2 g/t silver, 7.18% zinc Laurion Mineral Exploration Inc. is pleased to report surficial channel sampling assays of the Joe vein, located [...]
Laurion Mineral Exploration Inc. today announced that it is proposing to complete a flow-through and non flow-through private placement on a non-brokered basis . Under the flow-through portion of the Private Placement, the Corporation intends to raise up to approximately $175,000 in gross proceeds by issuing up to approximately 760,868 flow-through units . Under the non flow-through portion of the Private Placement, the [...]
Laurion Mineral Exploration Inc. and is pleased to announce the commencement of the second phase of 2020 drilling at the Ishkoday Project, located near the town of Beardmore, Ontario. This 2,500 m drill program will test mineralization both along and across strike at the CRK Zone. The CRK Zone lies along the Loki trend corridor and is located between the A-Zone and the past-producing Sturgeon Mine . Trenching in 2019 [...]
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