Business
LAURION Reaffirms Strategy for Continued Growth Model, Signaling the Corporation is Stronger and More Resilient Than Ever
LAURION Reaffirms Strategy for Continued Growth Model, Signaling the Corporation is Stron...
About this update from Laurion Mineral Exploration Inc.
[{"type":"text","content":"\n \n \n \n LAURION Reaffirms Strategy for Continued Growth Model, Signaling the Corporation is Stronger and More Resilient Than Ever\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 LAURION's chief priority remains maximizing shareholder value by continuing to advance its Ishkoday Project, while continuing to explore potential strategic alternatives and transactional opportunities.\n \n \n \n \n \n LAURION's current strong financial position, with a cash position of approximately\n \n $9.45 million\n \n , coupled with its\n \n \n success in advancing the Ishkoday Project over the past several years\n \n \n , leaves the company well-positioned to bolster long-term shareholder value through its ongoing corporate growth via its Ishkoday Au-Zn-Cu-Ag deposit.\n \n \n \n \n \n LAURION's objective for the Ishkoday Project is to initiate development and production, as well as to continue exploration of the project, implementing a phased and strategic approach\n \n \n to monetize the available material through recovery of contained gold within the stockpiles and/or existing shaft\n \n \n .\n \n \n \n \n \n LAURION aims to advance the Ishkoday Project with the support of strategic alliances with certain third parties and industry experts\n \n \n . LAURION believes that these alliances should help the company achieve further exploration and\n \n \n operational\n \n \n milestones, which in LAURION's opinion, may make LAURION a more attractive target or partner for a potential merger, acquisition, significant financing or other capital markets event.\n \n \n \n \n \n Key exploration milestones achieved in 2022 not only validated\n \n \n the 6km x 2.5km mineralized corrid\n \n \n or and extended\n \n \n A-Zone to the McLeod\n \n \n Zone by\n \n 400m\n \n to\n \n \n 1.4km, but also\n \n \n significantly expanded the mineralized trends, confirming\n \n \n that the\n \n \n stacked vein system remains open at depth and along strike.\n \n \n \n \n \n \n TORONTO\n \n \n ,\n \n \n Oct. 11, 2022\n \n \n /CNW/ -\n \n LAURION Mineral Exploration I...