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 for approximate aggregate gross proceeds of up to $1.5 million. Under the flow-through portion of the Private Placement, the Corporation intends to raise up to approximately $1.2 million in gross proceeds by issuing up to approximately 5,217,392 flow-through units [...]
Laurion Mineral Exploration Inc. is pleased to provide an update on its exploration activities and plans for its 2021 financial year. LAURION's 2021 drill holes are designed with the objectives of: defining mineralized bodies along the 2.7km strike length hosting the Niish, CRK, McLeod, Joe and A-Zones; building on the encouraging 2020 drill intercepts; and, exploring, testing and expanding newly interpreted mineralized [...]
Laurion Mineral Exploration Inc. is pleased to announce the appointment of Mr. Jean-Philippe Paiement P.Geo, MSc, as Technical Advisor - Exploration Geology to the Corporation. Cynthia Le Sueur-Aquin, President and CEO of the Company, commented: "We are proud and excited to have Jean-Philippe join the LAURION Mineral Exploration Team as Technical Advisor. LAURION has been working with Mira Geoscience, of whom Jean [...]
High grade zone assayed 48.69 g/t Gold, 35.98 g/t Silver, 1.14 % Copper over 5.40 m, including 441 g/t Gold, 191 g/t Silver over 0.57 m, in Hole LME20-031 Laurion Mineral Exploration Inc. is pleased to report final assay results for the remaining two drill holes of the ten hole, 2,962 m Phase 2 drill campaign, completed at the Ishkoday Project. The Ishkoday Project is located approximately 220 km northeast of Thunder Bay [...]
Laurion Mineral Exploration today announced that it has closed its non-brokered private placement, which was initially announced on December 18, 2020, consisting of an aggregate of 2,172,000 flow-through units at a subscription price of $0.25 per Unit, for aggregate gross proceeds to the Corporation of $543,000. Each Unit consists of one common share of the Corporation issued as a "flow-through share" of the Income Tax [...]
Laurion Mineral Exploration Inc. today announced that it is proposing to complete a new flow-through private placement on a non-brokered basis. The Corporation intends to raise up to approximately $550,000 in gross proceeds by issuing up to approximately 2,200,000 flow-through units at a price of $0.25 per Unit. Each Unit will consist of one common share of the Corporation to be issued as a "flow-through share" of the [...]
Mineralized zone has now been extended to 550 m along strike and 420 m across strike, with 2 km strike length between A-Zone to CRK Zone Mineralized NE- and N-trending zones at CRK can be traced from surface to a maximum depth of 240 m with mineralization appearing to plunge moderately SW and remaining open at depth The majority of the CRK Zone remains open below 190 m depth Laurion Mineral Exploration Inc. and is pleased [...]
Laurion Mineral Exploration Inc. announces that it has today granted an aggregate of 1,250,000 incentive stock options to a number of its officers and directors. The Options are exercisable for a period of five years at a price of $0.23 per share and will vest over a period of two years. Specifically, the aforementioned Options were allocated in the following manner: Name of Optionee Position with the Corporation No. of [...]
Laurion Mineral Exploration Inc. and today announced that it has closed its non-brokered private placement, which was initially announced on November 27, 2020, consisting of an aggregate of 1,004,908 units and 704,908 non flow-through units ) at a subscription price of $0.25 per FT Unit and a subscription price of $0.22 per Non-FT Unit, for aggregate gross proceeds to the Corporation of $230,080. Each FT Unit consists of [...]
Laurion Mineral Exploration Inc. is pleased to report assay results for the first four drill holes of the ten hole, 2,962 m Phase 2 drill campaign, completed on the CRK Zone, Ishkoday Project. Assay results are pending on the remaining six holes. The Ishkoday Project is located approximately 220 km northeast of Thunder Bay, Ontario, near the town of Beardmore in the Onaman-Tashota gold belt. Highlights: LME20-025 14.25 m [...]
Laurion Mineral Exploration Inc. today announced that due to strong interest in its previous, fully-subscribed financing whereby certain prospective investors were unable to participate, the Corporation is proposing to complete a new flow-through and non flow-through private placement on a non-brokered basis for approximate aggregate gross proceeds of up to $250,000. Under the flow-through portion of the Private [...]
Laurion Mineral Exploration Inc. and is pleased to report additional surficial channel sample assays located within the CRK Zone, Ishkoday Project. This area is a target of LAURION's ongoing 2020 phase 2 drill program. Channel sampling was primarily done along trend from the main NE-trending CRK Zone, with lesser samples being collected along the N-trending Joe vein . Samples were collected in newly-uncovered and [...]