Laurion Mineral Exploration Inc.

April 28, 2020 /CNW/ - Laurion Mineral Exploration Inc. announces that due to the impact on normal working conditions and other challenges caused by the COVID-19 pandemic , and pursuant to the blanket relief granted by the Canadian Securities Administrators, the Corporation will not file its annual audited financial statements for the year ended December 31, 2019 and its related management's discussion and analysis , as [...]

Laurion Mineral Exploration Inc. is pleased to report the commencement of the 2020 exploration drill program at its 100% owned Ishkoday Project , located 220 km northeast of Thunder Bay, Ontario, near the town of Beardmore. The first Program of 4,500 metres is focussed on priority targeting of the A-Zone of the Loki Trend, which extends over a 3,000 m by 800 m corridor . The A-Zone is currently defined along a 1+ km [...]

Laurion Mineral Exploration Inc. is pleased to announce the appointment of Mr. David Lewis, P. Geo., as Exploration Manager for the Corporation's flagship property, the Ishkoday Project, located 220 km northeast of Thunder Bay, Ontario. Mr. Lewis is a structural and exploration geologist with seventeen years' experience conducted on a variety of mineral deposit types, including both lode gold and vein-hosted deposits. He [...]

Laurion Mineral Exploration Inc. today announced that it has closed its previously-announced non-brokered private placement consisting of an aggregate of 970,916 units and 284,856 non flow-through units ) at a subscription price of $0.165 per Unit for aggregate gross proceeds to the Corporation of approximately $160,200. Each FT Unit consists of one common share of the Corporation issued as a "flow-through share" of the [...]

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 $100,000 in gross proceeds by issuing up to approximately 606,061 flow-through units . Under the non flow-through portion of the private placement, the [...]

Laurion Mineral Exploration Inc. is pleased to announce the commencement of an Induced Potential survey as strategic part of the 2020 exploration program at the Corporation's wholly-owned Ishkoday Project , located 220km northeast of Thunder Bay, Ontario . Field crews are on-site cutting the grid for 40km of lines for the geophysics Survey over the Sturgeon Mine and the "A" Zone target sector, as well as the newly [...]

Laurion Mineral Exploration Inc. and is pleased to announce the appointment of Nick Ierfino as a new director of the Corporation. Mr. Ierfino is a chartered accountant and the founding partner of I&A Professional Corp., with over 37 years of experience in public accounting. Mr. Ierfino specializes in business advisory and restructuring, and has previously held positions at Arthur Andersen LLP and Olivetti Canada. Mr [...]

Laurion Mineral Exploration Inc. is pleased to announce that it has entered into an option agreement with Jubilee Gold Exploration Ltd., pursuant to which the Corporation has received an option to acquire up to a 100% undivided working interest in certain mining leases located in the Irwin Township of Thunder Bay, subject to the terms described below. Brenbar Project The Brenbar Project is contiguous with, and is situated [...]

Laurion Mineral Exploration Inc. is pleased to outline plans for the 2020 Exploration Program at the Corporation's wholly-owned Ishkoday Project , located 220 km northeast of Thunder Bay. Cynthia Le Sueur-Aquin, President and CEO of the Corporation stated, "Our 2019 exploration work identified three major gold-mineralized trends, Sturgeon River Mine, M25/Marge and Loki, which extends along strike for 2+km, 1.8+km and [...]

Laurion Mineral Exploration Inc. is pleased to announce that further to its previous announcements, the Corporation has closed the third and final tranche of its non-brokered private placement of flow-through units. Pursuant to the Third Tranche, the Corporation issued 550,000 Units at a price of $0.19 per Unit for aggregate gross proceeds to the Corporation of $104,500. Together with the first and second tranches of the [...]