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LAURION Announces Engagement of DRA Americas Inc. to Provide ECPM Complete Scoping Study for the Recovery of its Surface Stockpiles at the Ishkoday Project
LAURION Announces Engagement of DRA Americas Inc. to Provide ECPM Complete Scoping Study ...
About this update from Laurion Mineral Exploration Inc.
[{"type":"text","content":"\n \n \n \n LAURION Announces Engagement of DRA Americas Inc. to Provide ECPM Complete Scoping Study for the Recovery of its Surface Stockpiles at the Ishkoday Project\n \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 Canada NewsWire\n \n \n \n \n \n \n TORONTO\n \n \n ,\n \n \n Nov. 23, 2022\n \n \n /CNW/ -\n \n LAURION Mineral Exploration Inc.\n \n (TSXV: LME)\n \n and\n \n (OTCPINK: LMEFF)\n \n (\"LAURION\" or the \"Corporation\"),\n \n is very pleased to announce that, further to its news release dated\n \n September 20, 2022\n \n , the Corporation has commissioned DRA Americas Inc. (\"\n \n DRA\n \n \") to provide a scoping study and preliminary capital and operating cost estimates for the economic recovery of its surface stockpiles at the Corporation's wholly-owned Ishkoday Project, located 220 km northeast of\n \n Thunder Bay, Ontario\n \n .\n \n \n DRA will execute a techno-economic study to establish preliminary estimates of capital and operating costs of processing facility, including the application of ore sorting technology. The planned studies regarding the Ishkoday Stockpile Processing Project are expected to be stage-gated with the goal of producing a final Feasibility Study.\n \n \n A legacy stockpile estimated to contain 144,000 tons with an average grade of 1.59g/t Au, was stacked adjacent to the mine shaft during the exploitation phase of the Sturgeon River Mine. A tailings pile estimated at 137,501 tonnes grading 0.67 g/t gold was also deposited of the legacy stockpile. These estimates are reported with a cut-off grade of 0 g/t Au as described in the National Instrument 43-101-compliant Technical Report entitled \"\n \n Technical Report on the Resource Estimate on the Sturgeon River Mine Waste Pile and Tailings, Ishkoday Property,\n \n Northern Ontario\n \n \n \", dated\n \n June 7, 2013\n \n (the \"\n \n Technical Report\n \n \"), which is available on SEDAR. (See the Technical Report and the Corporation's news release dated\n \n April 23, 2013\n \n .)\n \n \n LAURION's chief priority remains maximizing shareholder value by f...