Laurion Mineral Exploration Inc. today announced that it has closed the first tranche of its previously-announced non-brokered private placement , with the first tranche consisting of an aggregate of 10,000,000 units at a subscription price of $0.10 per Unit for aggregate gross proceeds to the Corporation of $1 million. Each Unit consists of one common share of the Corporation and one Common Share purchase warrant , with [...]
Laurion Mineral Exploration Inc. today announced that it is proposing to complete a private placement on a non-brokered basis . The Corporation intends to raise $2 million in gross proceeds by issuing 20,000,000 units at a price of $0.10 per Unit. Each Unit will consist of one common share of the Corporation and one Common Share purchase warrant , with each Warrant entitling the holder thereof to acquire one additional [...]
Laurion Mineral Exploration Inc. , is pleased to announce laboratory certified assay results from the 2018 SONIC drilling completed on its surface stockpile emanating from the historic operation of the Sturgeon River Mine at the Corporation's wholly owned Ishkoday Project . A total 20 SONIC drill holes for 183m were completed testing the core of the Stockpile; collecting some 378 samples analyzed for gold. The SONIC [...]
Laurion Mineral Exploration Inc. and is pleased to announce the appointment of Miles Nagamatsu as the new Chief Financial Officer of the Corporation. Mr. Nagamatsu is a Chartered Professional Accountant with over 35 years of experience. He has served as the Chief Financial Officer of numerous public and private companies, primarily in the mineral exploration and investment management sectors. "We are very pleased to [...]
Laurion Mineral Exploration Inc. and is pleased to announce results of the Corporation's initial construction of the litho-structural predictive model at the Corporation's wholly-owned Ishkoday Gold-Polymetallic Project . LAURION's work to date has interpreted the presence of the new structural corridor: the 5km wide gold bearing Ishkoday Deformation Zone . Additional predictive modeling will be performed by Mira [...]
Laurion Mineral Exploration Inc. today announced that it has closed its previously-announced non-brokered private placement consisting of an aggregate of 2,000,000 flow-through shares at a subscription price of $0.10 per FT Share, for aggregate gross proceeds to the Corporation of $200,000. Each FT Share is a common share of the Corporation issued as a "flow-through share" of the Income Tax Act ). The gross proceeds [...]
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 $250,000 in gross proceeds by issuing up to approximately 2,500,000 flow-through shares at a price of $0.10 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. and is pleased to announce assay results from surface grab rock samples collected during the 2018 SONIC drilling and ancillary work program on its surface stockpile from the historic operation of the Sturgeon River Mine at the Corporation's wholly owned Ishkoday Project . Notwithstanding the foregoing, surface grab rock samples are selected samples and are not necessarily representative of [...]
Laurion Mineral Exploration Inc. and is pleased to deliver its year-end 2018 review and Corporate highlights of the 44km2 Ishkoday Gold Project to its stakeholders, as well as outline its 2019 objectives and exploration work plan. LAURION's objective is to validate and quantify a bulk precious and base metal environment. LAURION's drilling and sampling work to date has produced a comprehensive geological model forming a [...]
Laurion Mineral Exploration Inc. today announced that it has closed its previously-announced non-brokered private placement consisting of an aggregate of 1,777,778 flow-through units at a subscription price of $0.09 per Unit for aggregate gross proceeds to the Corporation of approximately $160,000. Each Unit consists of one common share of the Corporation to be issued as a "flow-through share" of the Income Tax Act ) and [...]
Laurion Mineral Exploration Inc. today announced that it is proposing to complete a flow-through private placement on a non-brokered basis . Pursuant to the Private Placement, the Corporation intends to raise up to approximately $200,000 in gross proceeds by issuing up to approximately 2,222,223 flow-through units . Pursuant to the Private Placement, the Units will be issued at a price of $0.09 per Unit. Each Unit will [...]
Laurion Mineral Exploration Inc. and is pleased to announce an update on the continuing assessment of precious and base metals assay results, as well as multi-element geochemical results from the May-June and August-September 2018 Stages 1 and 2 programs at the Corporation's 47 km2 Ishkoday Project . LAURION's 18-month exploration program, initiated in May 2018 has the strategic objective of outlining the bulk precious [...]