Precious Metals

Laurion Mineral Exploration Inc. (TSXV: LME) (OTCPINK: LMEFF) ("LAURION" or the "Corporation") announced that it is inviting shareholders to submit any questions they may have about LAURION and its business strategy, projects and current exploration activities. Any such questions should be directed to management at info@laurion.ca .

In addition to wanting to stay connected with its shareholder base, this invitation is aimed at increasing transparency and knowledge of the Corporation, particularly in light of the fact that, due to technical difficulties beyond its control, LAURION was unable to proceed with a planned Q&A session following its Annual and Special Meeting of Shareholders on July 6, 2021 (the " Meeting ").

As announced on July 7, 2021 , all of the matters considered by shareholders at the Meeting were approved. For further details regarding these matters, please refer to the Corporation's management information circular dated May 27, 2021 , which can be found under LAURION's profile on SEDAR at www.sedar.com .

Exploration Update

The Corporation also announces that the assay results from its current drilling and channel sampling programs are delayed by seven to eight weeks due to sample preparation and assay processing delays at the assay laboratories. Once these results are available, they will be announced as part of the next exploration update regarding LAURION's flagship Ishkoday Project.

About LAURION

The Corporation is a junior mineral exploration and development company listed on the TSXV under the symbol LME and on the OTCPINK under the symbol LMEFF. LAURION now has 233,473,342 outstanding shares of which approximately 79% are owned and controlled by Insiders who are eligible investors under the "Friends and Family" categories.

LAURION's emphasis is on the development of its flagship project, the 100% owned mid-stage 47 km 2 Ishkoday Project, and its gold-silver and gold-rich polymetallic mineralization with a significant upside potential. The mineralization on Ishkoday is open at depth beyond the current core-drilling limit of -200 m from surface, based on the historical mining to a -685 m depth, in the past producing Sturgeon River Mine. The recently acquired Brenbar Property, which is contiguous with the Ishkoday Property, hosts the historic Brenbar Mine and LAURION believes the mineralization to be a direct extension of mineralization from the Ishkoday Property.

Caution Regarding Forward-Looking Information

This press release contains forward-looking statements, which reflect the Corporation's current expectations regarding future events, including with respect to LAURION's business, operations and condition, and management's objectives, strategies, beliefs and intentions. The forward-looking statements involve risks and uncertainties. Actual events and future results, performance or achievements expressed or implied by such forward-looking statements could differ materially from those projected herein including as a result of a change in the trading price of the common shares of LAURION, the interpretation and actual results of current exploration activities, changes in project parameters as plans continue to be refined, future prices of gold and/or other metals, possible variations in grade or recovery rates, failure of equipment or processes to operate as anticipated, the failure of contracted parties to perform, labor disputes and other risks of the mining industry, delays in obtaining governmental approvals or financing or in the completion of exploration, as well as those factors disclosed in the Corporation's publicly filed documents. Investors should consult the Corporation's ongoing quarterly and annual filings, as well as any other additional documentation comprising the Corporation's public disclosure record, for additional information on risks and uncertainties relating to these forward-looking statements. The reader is cautioned not to rely on these forward-looking statements. Subject to applicable law, the Corporation disclaims any obligation to update these forward-looking statements.

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICE PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THE CONTENT OF THIS NEWS RELEASE.

SOURCE Laurion Mineral Exploration Inc.

Cision View original content: http://www.newswire.ca/en/releases/archive/July2021/15/c4761.html

News Provided by Canada Newswire via QuoteMedia

Gold Springs Resource Demonstrates Extension of Gold Mineralization of its South Jumbo Resource

Gold Springs Resource Demonstrates Extension of Gold Mineralization of its South Jumbo Resource

Gold Springs Resource Corp. (TSX:GRC)(OTCQB:GRCAF) (the "Company" or "GRC"), has received assays from the final drill holes at South Jumbo as part of the 2022 drill campaign on its large Gold Springs project located in USA, on the border of Nevada and Utah, one of the best mining jurisdictions in the world.

Highlights include:

Keep reading...Show less

Barrick Supports Flood Relief in Balochistan

All amounts expressed in US dollars.

Barrick Gold Corporation (NYSE:GOLD)(TSX:ABX) is contributing $150,000 to Balochistan's Provincial Disaster Management Authority (PDMA) to support its relief efforts in the wake of unprecedented floods in the region. Remote communities in the province were hardest hit by the heavy monsoon rains which killed more than 500 people in Pakistan.

News Provided by GlobeNewswire via QuoteMedia

Keep reading...Show less
a fork in the road

Inflation High, Markets Volatile — Experts Talk Strategies for Navigating Tough Times

Markets got a mid-August bump after July’s US Consumer Price Index (CPI) data showed inflation slowed to 8.5 percent during the seventh month of the year.

After breaching a 41 year high of 9.1 percent in June, lower energy costs and better-than-expected job additions drove inflation lower for the first time since June 2020.

The positive news pushed all of North America’s major markets higher as many speculated that with easing inflationary pressures US Federal Reserve will be less likely to raise interest rates by another 75 basis points.

Keep reading...Show less
"great reset" button on keyboard

VIDEO — Andy Schectman: How a Great Reset Happens and What it Means for Gold

Andy Schectman: How a Great Reset Happens and What it Means for Goldyoutu.be

Andy Schectman, president of Miles Franklin, has been watching the trend toward de-dollarization for years, and he believes the world is approaching an inflection point.

Speaking to the Investing News Network at the Rule Symposium, he ran through a number of announcements that together point toward a global reset that could end the US dollar's dominance.

"I've been watching things unfold really since 2017 in a line that has got me very concerned about where we are ultimately heading, and it all centers around de-dollarization," Schectman explained.

Keep reading...Show less

Wheaton Precious Metals Announces Second Quarter Results for 2022

Designated News Release
SECOND QUARTER 2022 FINANCIAL RESULTS

"Throughout the first half of 2022, we have focused on optimizing our portfolio and further enhancing our financial flexibility in order to ensure that we are well positioned to respond to accretive growth opportunities and continue creating value for our shareholders," said Randy Smallwood President and Chief Executive Officer of Wheaton Precious Metals. "While not without its challenges, our diverse portfolio once again delivered strong operating cash flow and an attractive dividend yield, highlighting the resiliency of the streaming model to the inflationary pressures currently being felt across the global economy. Furthermore, we are pleased with our continued progress and leadership on sustainability initiatives as highlighted in our third annual Sustainability Report."

News Provided by Canada Newswire via QuoteMedia

Keep reading...Show less

Wheaton Precious Metals Announces Second Quarter Results for 2022

Designated News Release
SECOND QUARTER 2022 FINANCIAL RESULTS

"Throughout the first half of 2022, we have focused on optimizing our portfolio and further enhancing our financial flexibility in order to ensure that we are well positioned to respond to accretive growth opportunities and continue creating value for our shareholders," said Randy Smallwood President and Chief Executive Officer of Wheaton Precious Metals. "While not without its challenges, our diverse portfolio once again delivered strong operating cash flow and an attractive dividend yield, highlighting the resiliency of the streaming model to the inflationary pressures currently being felt across the global economy. Furthermore, we are pleased with our continued progress and leadership on sustainability initiatives as highlighted in our third annual Sustainability Report."

News Provided by Canada Newswire via QuoteMedia

Keep reading...Show less

Latest Press Releases

Related News

×