Laurion Mineral Exploration is very pleased to announce the assay results for two new diamond drill holes, totaling 600 m, which tested the undrilled potential continuity of mineralization in the southwestern portion of the McLeod Zone. The drill holes intersected orogenic style mineralization associated with the Niish shear zone, confirming the high-grade gold potential of this type of mineralization at the Ishkoday [...]
Laurion Mineral Exploration Inc. is very pleased to announce the assay results for seven new diamond drill holes, totaling 2,577 m, which tested the undrilled potential continuity of mineralization between the southwestern portion of the A-Zone the McLeod Zone and the Southwest extension of the McLeod Zone. These results confirm the strike length extension of the A-Zone over 1.6km and remains open close to surface towards [...]
LAURION's chief priority remains maximizing shareholder value by continuing to advance its Ishkoday Project, while continuing to explore potential strategic alternatives and transactional opportunities. LAURION's current strong financial position, with a cash position of approximately $9.45 million, coupled with its success in advancing the Ishkoday Project over the past several years, leaves the company well-positioned [...]
Laurion Mineral Exploration Inc. is pleased to announce the appointment of Tyler Dilney as the new Chief Financial Officer of the Corporation. Mr. Dilney is a Chartered Professional Accountant with over 10 years of experience and has worked in the mining, technology, and oil and gas industries. He has served as a controller and consultant for various public and private organizations, providing accounting, financial [...]
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 September 28, 2022. Election of Directors Each of the nominees for election as directors listed in the Corporation's management information circular dated August 19, 2022 were elected as directors of the Corporation for the ensuing year or until their successors [...]
Sept. 28, 2022 /CNW/ - Laurion Mineral Exploration Inc. is pleased to announce that it has closed its previously-announced non-brokered private placement consisting of flow-through units . Pursuant to the Private Placement, the Corporation issued 1,917,242 FT Units at a subscription price of $1.05 per FT Unit, for aggregate gross proceeds to the Corporation of $2,013,105. As announced on September 22, 2022, due to strong [...]
TORONTO, Sept. 27, 2022 /CNW/ - Laurion Mineral Exploration Inc. , wishes to announce the successful completion of its 2022 Exploration Program, and is pleased to provide an update on its corporate activities and strategic objectives. In regards to its wholly-owned Ishkoday project, which is located 220 km northeast of Thunder Bay, Ontario , LAURION's extensive field work to-date has identified and confirmed several new [...]
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 from $550,000 to approximately $2.05 million in aggregate gross proceeds, consisting of up to approximately 1,952,381 flow-through units at a price of $1.05 per FT Unit. Each FT Unit will consist of one common share of the Corporation and [...]
Laurion Mineral Exploration Inc. , is pleased to announce that it is jointly studying with DRA Americas Inc. the potential application of ore sorting technology to monetize the available material through recovery of contained gold within the stockpiles and/or existing shaft at the Corporation's wholly-owned Ishkoday Project , which is located 220 km northeast of Thunder Bay, Ontario. LAURION is currently in discussions [...]
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 $550,000 in aggregate gross proceeds by issuing up to approximately 523,810 flow-through units at a price of $1.05 per FT Unit. Each FT Unit will consist of one common share of the Corporation and one-half of one common share [...]
Laurion Mineral Exploration Inc. , is pleased to announce the assay results for nine new diamond drill holes, totalling 4,207.5m, which tested the potential continuity of mineralization between the southwestern portion of the A-Zone the McLeod Zone. These results confirm the strike length extension of the A-Zone over 1.6km and remains open close to surface towards the Northeast and at depth towards the Southwest. The [...]
Laurion Mineral Exploration Inc. , is pleased to provide a corporate update for the Corporation's 2022 Exploration Program at the Ishkoday Au-Zn-Cu-Ag property , which is located 220 km northeast of Thunder Bay, Ontario. The following release aims at delivering an update on the drilling and mapping work conducted thus far in 2022. Overview of the 2022 Exploration Program Activities on Ishkoday 2022 Drill Program LAURION [...]
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