Laurion Commences Drill Program on the Ishkoday Property
March 19 2014 - 8:00AM
Access Wire
TORONTO, ON / ACCESSWIRE / March 19,
2014 / Laurion Mineral Exploration Inc. (TSX.V: LME; OTCQX:
LMEFF) ("Laurion") is very pleased to announce
that Northstar Drilling of Thunder Bay has commenced drilling on
the Corporation’s Ishkoday Property located northeast of Beardmore,
Ontario.
The drill program will be composed of a total of 500m of diamond
drilling to be completed in 2 holes. The two diamond drill holes
will follow up on the diamond drill program executed in 2012 across
500 metres of stratigraphy on the northeastern extension of the
“A”-zone on the Loki trend. The two holes will be proximal to
diamond drill hole LBX12-010. The Corporation reported an intercept
of 3.31 g/t Au, 18.1 g/t Ag, 0.09% Cu and 3.72% Zn
over 12.84m, including 5.25 g/t Au, 40.1 g/t
Ag, 0.29% Cu, 8.38% Zn and 1.24% Pb over
4.04m in diamond drill hole LBX12-010.(See
press release October 18, 2012). The precious metal rich
Volcanic Massive Sulphide ("VMS") Loki Trend has a
postulated 3,000m strike length.
The technical information contained in this news release has
been verified by Joe Campbell, P. Geo., consulting geologist with
GeoVector Management Inc. Mr. Campbell is the project manager for
Laurion's Ishkoday project and is a Qualified Person as defined in
"National Instrument 43-101, Standards of Disclosure for Mineral
Properties."
About Laurion Mineral Exploration Inc.
Laurion Mineral Exploration Inc. is a junior mining company
focusing on the discovery and upside of its 100%-owned Ishkoday
Property, a high impact VMS project, having a primary focus on gold
and base metals.
With proven ability to develop early stage projects and create
shareholder value by monetizing its discoveries and assets, Laurion
has realized a total of $6.35 million in the last two years from
monetization of its assets.
The Corporation's current emphasis is on resource development at
the Ishkoday Property, located in Beardmore, Ontario, approximately
220 km northeast of Thunder Bay.
FOR FURTHER INFORMATION, CONTACT:
Laurion Mineral Exploration Inc.
Cynthia Le Sueur-Aquin - President
Tel: 1-705-788-9186
Fax: 1-705-788-9187
Website: http://www.laurion.ca/
Neither TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
This news release includes certain forward-looking statements
concerning the future performance of Laurion's business, operations
and financial performance and condition, as well as management's
objectives, strategies, beliefs and intentions. Such statements
include, but are not limited to, statements concerning the approval
of Laurion's application to trade its common shares over the
facilities of the OTCQX and the commencement of such trading.
Forward-looking statements are frequently identified by such words
as "may", "will", "plan", "expect", "anticipate", "estimate",
"intend" and similar words referring to future events and results.
Forward-looking statements are based on the current opinions and
expectations of management. All forward-looking information is
inherently uncertain and subject to a variety of assumptions, risks
and uncertainties, including the speculative nature of mineral
exploration and development, fluctuating commodity prices,
competitive risks and the availability of financing, as described
in more detail in our recent securities filings available at
www.sedar.com. Actual events or results may differ materially from
those projected in the forward-looking statements and Laurion
cautions against placing undue reliance thereon. Laurion and its
management assume no obligation to revise or update these forward
looking statements
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