Laurion Mineral Exploration Inc. and is pleased to update shareholders and stakeholders on the advancement of the Stage 2 Exploration Campaign on the Corporation's 47 km2 Ishkoday Gold Project . Laurion's 18-month exploration program, initiated in May 2018 has the strategic objective of outlining the bulk precious and base metals upside potential at Ishkoday. The Campaign follows a successful Stage 1 field validation work [...]
Laurion Mineral Exploration Inc. and is pleased to announce the commencement of a SONIC drill program on its surface rock "waste" Stockpile from the historic operation of the Sturgeon River Mine at the Corporation's wholly owned Ishkoday Gold Project . The SONIC drill will complete a planned 180 metres of drilling, each hole being approximately 4 to 16 metres deep. The objective of the SONIC drill program is to complete [...]
Location map outlining the distribution of the May-June 2018 surface grab and channel samples from the southern 3km by 1km Target Area of the Ishkoday Gold Project. Only those assay results above 0.3 g/t and 1% zinc are shown. Laurion Mineral Exploration and is pleased to announce the commencement of the Stage 2 Exploration Campaign on the Corporation’s 47 km2 Ishkoday Project . Laurion’s new 18-month [...]
Figure 1: Location map outlining the distribution of the May-June 2018 surface grab and channel samples from the southern 3km by 1km Target Area of the Ishkoday Gold Project. Only those assay results above 0.3 g/t and 1% zinc are shown. Laurion Mineral Exploration Inc. and is pleased to announce the first precious and base metals assay results from initial May-June 2018 validation program at the Corporation’s 47 km2 [...]
Aug. 02, 2018 -- Laurion Mineral Exploration Inc. today announced that it has closed the first tranche of its previously-announced non-brokered private placement consisting of an aggregate of 5,353,888 units and 680,000 non flow-through units ) at a subscription price of $0.09 per Unit for aggregate gross proceeds to the Corporation of $481,850. Each FT Unit consists of one common share of the Corporation to be issued as [...]
Aug. 01, 2018 -- Laurion Mineral Exploration Inc. and is pleased to issue a further update and summary of exploration developments and progress made during Q2-2018, and outline upcoming plans and projected milestones for the remainder of the year for the Corporation’s 47 km2 Ishkoday Project . Ms. Cynthia Le Sueur-Aquin, President and CEO of Laurion, stated, “The new exploration work to ascertain the bulk gold [...]
Laurion Mineral Exploration 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 $1,200,000 in gross proceeds by issuing up to approximately 13,333,334 flow-through units. Under the non flow-through portion of the private placement, the [...]
July 18, 2018 -- Laurion Mineral Exploration Inc. today announced that it has closed its previously-announced non-brokered private placement consisting of 8,947,857 units at a subscription price of $0.07 per Unit for aggregate gross proceeds to the Corporation of $626,350, which exceeds the initial maximum size of the Private Placement that was previously announced. Each Unit is comprised of one common share and one [...]
July 13, 2018 -- Laurion Mineral Exploration Inc. is pleased to announce that it intends to settle an aggregate amount of CAD$45,185 in payables owing to certain arm’s length parties by issuing an aggregate of 564,812 common shares in its capital at a deemed price of CAD$0.08 per share. Satisfying the foregoing payables with Common Shares allows the Corporation to preserve its cash for use on its projects and for [...]
July 10, 2018 -- Laurion Mineral Exploration Inc. and is pleased to issue the second update from the 2018 summer field exploration program at the Corporation’s 47 km2 Ishkoday Project . Laurion’s personnel and Explo-Logik’s technical crews have completed their initial field validation of historical and recent data. The Team completed geological mapping and the prospecting of historic mineralized [...]
July 06, 2018 -- Laurion Mineral Exploration Inc. and is pleased to announce the completion of the initial field validation of historical and recent data at the Corporation’s 47 km2 Ishkoday project . The Laurion Team completed geological mapping and the prospecting of historic mineralized “veins” and their extensions, as well as new areas in the less explored northern claims. The northern claims [...]
June 22, 2018 -- Laurion Mineral Exploration Inc. and announces that its previously announced non-brokered private placement of units remains ongoing and the closing of the Private Placement has been extended. On April 25, 2018, the Trust announced, among other things, an immediate interim financing for gross proceeds of $500,000 to Laurion at a price of $0.07 per Unit, with each Unit being comprised of one common share [...]