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Laurion Mineral Exploration Inc., a junior mining company, engages in the exploration and development of gold and base metal properties in the United States and Canada. It primarily owns 100% interest in the Ishkoday property that covers a total area of 2,499 hectares located in the town of Beardmore, Ontario. The company was formerly known as Laurion Gold Inc. and changed its name to Laurion Mineral Exploration Inc. in October 2006. Laurion Mineral Exploration Inc. was incorporated in 1945 and is based in Toronto, Canada.

Founded in 1945

laurion mineral exploration (LME) Top Compensated Officers

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Compensation as of Fiscal Year 2013.

laurion mineral exploration (LME) Key Developments

Laurion Mineral Exploration Inc. Announces Results of an Independent, Expert Geological and Structural Evaluation of the Ishkoday Property

Laurion Mineral Exploration Inc. announced the results of an independent, expert geological and structural evaluation of the Ishkoday Property. The Ishkoday Property is located 220 kilometres northeast of Thunder Bay and 28 kilometres north east of the Town of Beardmore, Ontario. The base and precious mineralized zones represent a pre- to syn-D1 deformation vein system. The base and precious metal enrichment of altered wall rocks within 10s of metres from the mineralized zones suggest that (these) zones are the product of a proximal hydrothermal system, and one main mineralization event. The base and precious metal veins may be a product of a transitional, low sulfidation epithermal to VMS system that developed within a subvolcanic intrusion environment. The extensive development of the mineralized zones (within a 1km x 3km area), suggests that the veins are a product of a large, magmatic hydrothermal system and may have greater tonnage potential than recognized by previous workers. The mineralized zones occur predominantly within a massive, coherent, feldspar porphyritic volcanic unit with a restricted andesite/dacite composition and a calc-alkaline affinity. The characteristics of the massive feldspar porphyritic host rock are most consistent with a high level, subvolcanic intrusion(s). Dr. Gibson's interpretation that the Ishkoday property occupies an area proximal to a volcanic and hydrothermal center confirms Laurion's confidence in the prospectivity of the project.

Laurion Mineral Exploration Inc. Elects Directors

Annual and special meeting of Laurion Mineral Exploration Inc. held on June 6, 2014. 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.

Laurion Mineral Exploration Provides Corporate Update on Asset Monetization and Exploration Planning

Laurion Mineral Exploration Inc. provided 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 its ability to continue monetizing its assets and discoveries. DIAMOND DRILLING: In February and March 2014, the Corporation completed 924m of diamond drilling in 6 holes. All of the diamond drill holes were collared to intersect geology associated within the base metal Loki/AZone mineralization reported in Laurion drilling carried out in 2012, while two of the six holes were strategically planned with the specific objective of defining the initial step of a phaseone drill program. MINERALIZED ZONE INCREASED: As a result of these drill holes, the Corporation determined the depth extent of the mineralized zone increased from 75m to 165m almost doubling the dip length, with the estimated thickness of the alteration zone increasing from approximately 20m to 40m. Deeper intersections in the mineralized AZone were somewhat richer in copper, with higher associated silver values. These factors may indicate a transition to closer proximity to mineralizing source with depth. Drilling also determined that there were multiple narrow lenses of highergrade mineralization within a broader mineralized alteration halo. MINERALIZATION MODEL: Laurion's goal is to develop the goldrich massive sulphide environment at Ishkoday. To aid this, Laurion is developing a 'fingerprint' or model of the mineralization by comparing it to other known deposits. Based on the current drilling information, the model is stacked goldrich massive sulphide lenses hosting base metals trends within a large mineralized halo. EXPLORATION PLANNING: Over the next 6 months, Laurion's objective is to complete a program composed of high resolution aerial photography, retaining expertise with volcanogenic and structural VMS perspective for guidance on regional targeting concepts and recommendations for effective exploration techniques and definition of priority target zones, and a geophysics program covering 10km of IPower 3D ground geophysical surveys. PHASEONE DRILL PROGRAM: An exploration drill program composed of 6,500m of diamond drilling will focus on testing the depth extent of the three goldrich base metal trends, 3,000m each in strike length, in a 1km wide corridor, targeting the core of the VMS style mineralization and possible associated feeder structures.


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