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TORONTO, ON, Jan. 26, 2021 /CNW/
- LAURION Mineral Exploration Inc. (TSX.V: LME)
(OTCPINK: LMEFF) ("LAURION" or the "Corporation") 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- Philippe is also the Director of Global
Consulting. Mira's directive was to conduct a "full
integration" of LAURION's data to develop an integrated 3D model
from which a mineralization's genetic and exploration model can be
derived. Our collective objective is to generate a multi-parameter
platform to produce a high-level targeting approach with the
objective to identify the larger scale ore-forming mineralizing
system. Using Ishkoday's substantial surface exposure and
information as springboard the model will enable LAURION to connect
the current exploration targets over a 6 km strike length corridor
with a width of 1.5 km, and to unlock value to LAURION
shareholders. LAURION'S advancements with database
construction in combination with Mira's most advanced geological
and geophysical modelling will provide a competitive advantage to
strategically allocate resources to high priority drill
targets. We believe Jean-Philippe as technical advisor will
bring huge value to Ishkoday with his extensive experience and
success in exploration discovery, with focus to rapid resource
expansion, in conjunction with his key role at Mira."
About Mira Geoscience
Since 1999, Mira has pioneered the application of advanced
geological modelling, 3D-GIS technology in the mining industry
through the integrated "Common Earth Model". Mira's client list
includes most of the world's major mining and mining-industry
service companies, as well as many juniors. Mira counts numerous
geological survey organizations and universities amongst its
clients, providing a collaborative environment for technology
development. Mira works with an extensive network of
mining-industry technical experts to bring the right team to 3D
geoscience project challenges. Mira's competitive advantage stems
from leveraging the technical excellence and major R&D
investments of its partners in both the energy and mining
industries. The philosophy revolves around seamlessly integrating
the world's most advanced earth modelling technologies into
workflow-based solutions that provide better, faster decisions for
mining industry clients. Mira's team deploys best-in-class
technology for the integrated interpretation of geological,
geophysical, geochemical, and geotechnical data.
Jean-Philippe Paiement has a wide
range of experience in modelling of diverse mineral system.
Jean-Philippe has 15 years of experience in geostatistics applied
to structural, geological, and geochemical modelling; specializing
in non-linear interpolation and simulation. Before joining Mira
Geoscience Jean-Philippe was also the scientific driving force
behind the success of SGS team in winning the Integra GoldRush
Challenge; by application of Machine Learning to mineral deposit
targeting. He since then has pioneered the application of
artificial intelligence to the geoscience sector.
LAURION would also like to announce that Jean-Philippe will be
replacing David Lewis's role as the
Corporation's exploration manager.
Ms. Le Sueur-Aquin stated: "We
would like to thank David Lewis
P.Geo for the key role he played on the Ishkoday Project
throughout 2020, in conducting the collection of key structural and
lithological controls and value-added approaches to our exploration
programs."
Qualified Person
Mr. Steve Leclerc, P. Geo.,
LAURION 's Exploration Field Supervisor, under the guidance of
Mr. Jean-Philippe Paiement P.Geo,
are the Qualified Persons as defined by National Instrument 43-101
and has reviewed and approved the content of this news release.
About LAURION Mineral Exploration Inc.
The Corporation is a junior mineral exploration and development
company listed on the TSX-V under the symbol LME and on the OTCPINK
under the symbol LMEFF. The Corporation currently has
202,684,319 outstanding shares, of which approximately 72% of
LAURION's issued and outstanding shares 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 km2 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 that the mineralization to be a direct
extension of mineralization from the Ishkoday Property.
Website: http://www.LAURION .ca
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.