Laurion Mineral Exploration Inc. is pleased to announce the voting results of the Annual and Special Meeting of Shareholders of the Corporation that was held on Sept 17, 2020. Election of Directors Each of the nominees for election as directors listed in the Corporation's management information circular dated August 7, 2020 were elected as directors of the Corporation for the ensuing year or until their successors are [...]
Laurion Mineral Exploration Inc. today announced that it has closed its previously-announced non-brokered private placement consisting of an aggregate of 5,950,783 flow-through shares at a subscription price of $0.185 per FT Share for aggregate gross proceeds to the Corporation of approximately $1,100,900. As announced on August 11, 2020, the Corporation agreed to significantly upsize the Private Placement as a result of [...]
Laurion Mineral Exploration Inc. is pleased to announce that, due to strong investor demand, it has increased the maximum size of its previously-announced non-brokered private placement to 5,950,783 flow-through shares for gross proceeds to the Corporation of up to approximately $1,100,900. The gross proceeds will be used for "Canadian exploration expenses" , which will qualify, once renounced, as "flow-through mining [...]
Laurion Mineral Exploration Inc. today announced that it is proposing to complete a flow-through private placement on a non-brokered basis . The Corporation intends to raise up to approximately $500,000 in gross proceeds by issuing up to approximately 2,702,703 flow-through shares at a price of $0.185 per FT Share. Each FT Share will be a common share of the Corporation issued as a "flow-through share" of the Income Tax [...]
Laurion Mineral Exploration Inc. is pleased to provide final assay results from the remaining seven holes of the phase 1 drill program at its 100% owned Ishkoday Project and contiguous Brenbar earn-in option Project . Drill Assay Highlights: LBX20-015: 19.5 g/t silver over 1.50 m; LBX20-016: 4.65 g/t gold, 11.6 g/t silver, 1.97% zinc over 0.60 m; LBX20-017: 34.7 g/t silver over 1.50 m; LBX20-018: 6.81 g/t gold, 9.3 g/t [...]
Laurion Mineral Exploration Inc. is pleased to provide an update on the diamond drill campaign at the A-Zone area of the Ishkoday Project, located near the town of Beardmore, 220 km northeast of Thunder Bay, Ontario, with local and project-scale considerations. Mineralized shear corridor at Ishkoday Project increased to 6 km by 1.5 km from A-Zone to Brenbar area ; The Brenbar area hosts wide shear zones and veins with [...]
Laurion Mineral Exploration Inc. is pleased to provide a further progress report on its drilling and exploration program at its 100% owned Ishkoday Project and contiguous Brenbar earn-in option Project , located 220 km northeast of Thunder Bay, Ontario, near the town of Beardmore. To date, 20 drill holes totalling 4,750 m have been completed with assay results for 14 holes pending. The two drill holes reported in this [...]
Laurion Mineral Exploration Inc. is pleased to provide a progress report on exploration at its 100% owned Ishkoday Project and contiguous Brenbar earn-in option Project , located 220 km northeast of Thunder Bay, Ontario, near the town of Beardmore. The first stage 2020 drill campaign has now completed 15 holes for a combined 3,600 m of drilling. Assay results for 11 holes remain outstanding. The drill has now moved 800 m [...]
Laurion Mineral Exploration Inc. announces that it has today granted an aggregate of 1,500,000 incentive stock options to a number of its officers, directors, employees and consultants. The Options are exercisable for a period of five years at a price of $0.17 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 [...]
Laurion Mineral Exploration Inc. is pleased to report ongoing drill hole assays of its 4,500 m diamond drill campaign on its 100% owned Ishkoday property and contiguous Brenbar earn-in option property , located 220 km northeast of Thunder Bay, Ontario, near the town of Beardmore. To date, ten holes totalling 2,476 m have been drilled and assays for hole LBX20-002, LBX20-003 and LBX20-004 are reported here. Assay results [...]
Laurion Mineral Exploration Inc. is pleased to report the first drill hole assays of its 4,500 m diamond drill campaign on its 100% owned Ishkoday property and contiguous Brenbar earn-in option property, located 220 km northeast of Thunder Bay, Ontario, near the town of Beardmore. To date, seven holes totalling 1,800 m have been drilled and assays for hole LBX20-001 are reported here, with results pending for six [...]
Laurion Mineral Exploration Inc. announces that, as a result of ongoing concerns related to the spread of COVID-19, and in order to enable greater participation of its shareholders and a better forum for communication, the Corporation has decided to hold its annual and special meeting of shareholders on September 17, 2020. In light of the foregoing, and in accordance with Ontario Instrument 51-504 Temporary Exemptions [...]
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