LAURION and Metals House Inc. Form Strategic Alliance

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[{"type":"text","content":"\n\n\n\nLAURION and Metals House Inc. Form Strategic Alliance\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\n\nCanada NewsWire\nTORONTO, May 22, 2019\n\n\n\n/THIS NEWS RELEASE IS INTENDED FOR DISTRIBUTION IN CANADA ONLY AND IS NOT INTENDED FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES./\n TORONTO, May 22, 2019 /CNW/ - LAURION Mineral Exploration Inc. (TSX.V: LME and OTCPINK: LMEFF) (\"Laurion\" or the \"Corporation\"), is very pleased to announce that LAURION and Metals House Inc. (\"Metals House\") has signed a Doré Sourcing Agreement which includes LAURION and LAURION's wholly-owned subsidiary, Ahsineeg Inc. (\"Ahsineeg\"), and Ahsineeg's private investment group.\n\"We are excited to partner with Laurion in this strategic initiative,\" said Ayman Shahin, Co-Founder and CEO of Metals House. \"We expect this to be the first step in a mutually beneficial long-term relationship between Laurion and Metals House.\" \nThis Agreement will give Metals House a 'right of first refusal' to the 190,000 tonne surface stockpile (the \"Surface Stockpile\") located on LAURION's wholly-owned Ishkoday property (the \"Ishkoday Project\") situated 220 kilometres northeast of Thunder Bay, Ontario. The former Sturgeon River Mine produced 73,322 ounces of gold, and 15,929 ounces of silver (1936-1942) from the No. 3 Vein (24 g/t gold), generating a large gold and silver bearing stockpile in the indicated resource category. (NI 43 -101 – See Press Release April 23, 2013 and the Technical Report filed on SEDAR June 2013).\nLAURION's wholly-owned subsidiary, Ahsineeg, along with its private investment group, will not only finance and otherwise support the development and extraction of gold and other metals from the Surface Stockpile, but will serve as the Canadian conduit/broker for Metals House for doré sourced in Canada and other countries.\nMetals House is a fully regulated global precious metals trading firm with its principal trading subsidiary in the Dubai Multi Commodities Centre (DMCC) in Dubai, UAE. The firm has offices ...

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