Toronto, Ontario--(Newsfile Corp. - July 22, 2014) - Laurion Mineral Exploration Inc. (TSXV: LME) (OTCQX: LMEFF) ("Laurion") is pleased to announce that it has executed a Purchase and Sale Agreement ("Agreement") with Kiska Metals Corporation (TSXV: KSK) ("Kiska") for the disposition of Laurion's 51% interest in the Midlothian Project (the "Project"). The Midlothian Property is an early-stage exploration project located [...]
Laurion Mineral Exploration is pleased to announce the voting results from its annual and special meeting of shareholders held on June 6. At the Meeting, the shareholders elected Michael Bourassa, David Burkes, Terrence Byberg, Gerard Lanthier, Cynthia Le Sueur-Aquin, Neil Westoll, Douglas Bolton and Joseph Campbell as directors of the Corporation. In addition, shareholders also approved resolutions: (i) approving the [...]
Laurion Mineral is pleased to provide shareholders with the following update of its current activities. The Corporation is most pleased with drill results obtained to date on its Ishkoday discovery property located 220km north east of Thunder Bay, and is maintaining its “one property, one focus” business plan in order to maximize shareholder value. The key priority at the top of the Corporation’s agenda is reflected in [...]
Laurion Mineral is pleased to announce as the initial step to define a phase-one drill program, the results of two strategic diamond drill holes totalling 424m on the high grade polymetallic “A” Zone of the Loki Trend, Ishkoday Property located 220km north east of Thunder Bay. Important results of the drill program are: The known dip extent of the total mineralized zone has increased from 75m to 165m, more than doubling [...]
Laurion Mineral Exploration is very pleased to announce that Northstar Drilling of Thunder Bay has commenced drilling on the Corporation’s Ishkoday Property located northeast of Beardmore. The drill program will be composed of a total of 500m of diamond drilling to be completed in 2 holes. The two diamond drill holes will follow up on the diamond drill program executed in 2012 across 500 metres of stratigraphy on the [...]
Laurion Mineral is pleased to announce the drill results of LBX14-06 and LBX14-017, the second two diamond drill holes completed in January 2014, on its Ishkoday Property located northeast of Beardmore. A total of 533m of diamond drilling has been completed to date. Two of the diamond drill holes (See press release, February 27, 2014), followed up on the high grade channel and grab samples on the Loki Trend which [...]
Laurion Mineral is pleased to announce the drill results of the first diamond drill holes completed in 2014 on its Ishkoday Property located northeast of Beardmore. The drill program was composed of a total of 533m of diamond drilling completed in 4 holes. Two diamond drill holes followed up on the high grade channel and grab samples of 15.00 g/t Au, 35.4 g/t Ag, 1.07% Zn and 0.41% Cu over 1m, 3.14 g/t Au, 23.2 g/t Ag [...]
Laurion Mineral is very pleased to announce that Northstar Drilling of Thunder Bay has mobilized a drill onto the Ishkoday property, and that drilling has commenced. The Ishkoday Property is located northeast of Beardmore. All regulatory documentation relating to Ontario's new Mining Act was filed with the Ministry of Northern Development and Mines ("MNDM") by Laurion late July 2013 for the Ishkoday Property. On January [...]
Laurion is announcing that it has decided to grant, on December 31, 2013, a total of 1,870,000 stock options (the "Options") to its board of directors. The Corporation's Compensation Committee will issue the Options to the Board as compensation for each director's respective contributions to Laurion over the last year. Each of these Options will have a ten year term and an exercise price of $0.05. One-third of the Options [...]
Laurion Mineral is pleased to announce results of a prospecting program which was carried out in October 2013. Several new zones were discovered in the summer during field visits which warranted the execution of channel sampling and assays. The recent results highlight the potential of the Tehya, Loki and River Trends, indicative in the continuous discoveries of additional zones found proximal to, and on the three Trends [...]
Laurion is pleased to report the assay results from property-wide samples collected in May as well as follow-up sampling of the Bjorkman zone, on its Midlothian property. An initial grab sample from the Bjorkman zone assayed 12,700 g/t Au and a second grab sample collected 5 m away assayed 296 g/t Au (see news release of July 23, 2013). Laurion spent two days on the property in July collecting an additional seven chip [...]
Laurion is pleased to announce that it has closed the first tranche of a private placement consisting of 3,333,332 flow-through units at a price of $0.06 per Unit for aggregate gross proceeds of $199,999.92. Please note that the Offering remains subject to the final approval of the TSX Venture Exchange. Each Unit consists of: (i) one common share of Laurion, which qualifies as a flow-through share pursuant to the Income [...]