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Laurion Mineral Exploration Inc.
Summary
| Project: | Ishkoday | |
|---|---|---|
| Deposit: | Ishkoday | |
| Location: | Canada | |
| Commodities: | Copper-Zinc-Silver-Gold | |
| Date: | 5/19/2020 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 19-5-2020: Laurion Mineral Exploration Inc. announces an Exploration/Drilling Update report for its Ishkoday deposit at the Ishkoday project. Drilling results incl. 24.54m @ 0.67g/t Au, 6.4g/t Ag, 0.09% Cu, 1.5% Zn from 116.96m. TORONTO, ONTARIO (May 19, | |
| Resources: | x | |
| CP/QP: | [Overall Report]: David Lewis (Internal) | |
| ABSTRACT: | TORONTO, ONTARIO (May 19, 2020) – LAURION Mineral Exploration Inc. (TSX.V: LME and OTCPINK: LMEFF) (“LAURION” or the “Corporation”) is pleased to report the first drill hole assays of its 4,500 m diamond drill campaign (see April 28, 2020 news release) on its 100% owned Ishkoday property and contiguous Brenbar earn-in option property (collectively, the "Project"), located 220 km northeast of Thunder Bay, Ontario, near the town of Beardmore. To date, seven holes totalling 1,800 m have been drilled (LBX20-001 to -007) and assays for hole LBX20-001 are reported here, with results pending for six subsequent holes. The initial drilling is focussed on testing historic intercepts and the validity of a new structural model previously reported for the A Zone of the Loki Trend (see April 28, 2020 news release). Hole LBX20-001 intersected 24.4 m grading of 0.67 g/t Gold, 6.40 g/t Silver, 0.09 % Copper and 1.50 % Zinc from 116.96 m to 141.5 m, which was intersected at a vertical depth of 100 m below surface. Other mineralized veins also occur higher in the hole and closer to surface (Table 1). The true width of the mineralized zone is unknown. Hole LBX20-001 is collared at 446559 mE, 5512930 mN, 320 m elevation (coordinates in UTM NAD83 Zone 16N) and was drilled to a depth of 326 m with an azimuth of 310° and a dip of -50°. | |
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