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LAURION Releases Initial Assay Results of the 2024 Drilling Program, Confirming the Existing Mineralization Model and Identifying 3 New Mineralized Zones at the Ishkoday Project
(TheNewswire) TORONTO, ONTARIO - (May 1, 2024) – TheNewswire – Laurio...
About this update from Laurion Mineral Exploration Inc.
[{"type":"text","content":"LAURION Releases Initial Assay Results of the 2024 Drilling Program, Confirming the Existing Mineralization Model and Identifying 3 New Mineralized Zones at the Ishkoday Project\n \n \n (TheNewswire)\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n TORONTO, ONTARIO - (May 1, 2024) –\n \n \n TheNewswire –\n \n \n Laurion Mineral Exploration Inc. (TSX.V:\nLME and OTCPINK: LMEFF) (“LAURION” or the\n“Corporation”)\n \n \n is pleased to announce that\nit has successfully completed the first three drill holes of its 2024\ndiamond drilling program, being drill holes\n \n \n LME24-041, LME24-042, and LME24-043 at the Ishkõday Project,\nfor which assays are now available.\n \n \n \n \n The aforementioned drill holes were strategically sited\n458 metres northeast of the Sturgeon River Mine Shaft, and constituted\nthe inaugural phase of drilling aimed at investigating the Sturgeon\nRiver Mine structures in an east-to-west orientation. Employing a\nvertical fan pattern, LAURION’s primary aim was to intersect the\nstacked Sturgeon River mineralized system, aligning with the\nCorporation’s commitment to rigorous exploration practices.\n \n \n \n \n The three drill holes were successful in confirming the\npresence of the seven known mineralized structures, extending\nnortheast of the historical Sturgeon River Mine. The intercepts range\nin length (along core) from 0.5 m to 7.65 m, with grades up to 4.23\ng/t Au. In addition, this drilling, in combination with drilling\ncompleted in 2023 (drill holes LME23,-033, LME23-034, LME23-035 and\nLME23-036), also identified new intermediate structures as part of the\nstacked mineralized zones. Further geological modelling will be\nrequired to better understand how these new mineralized zones\ninterplay with the existing model.\n \n \n \n \n Highlights from these drill holes are as\nfollows:\n \n \n \n \n LME24-041\n \n \n \n \n \n \n 0.75 m @2.74 g/t Au from 63.00 m to 63.75 m;\nand,\n \n \n \n \n \n \n 2.95 m @0.70 g/t Au from 295.85 m to 298.80\nm.\n \n \n \n \n \n \n LME24-042\n \n \n \n \n \n \n 5.30 m @0.71 g/t Au from 3\n \n \n 95.85 m\nto 401.15 m, including 1.50 m @2.07 g/t Au 398.30 m to 399.80\nm;\n \n \n \n \n \n \n 0.50 m @7.99 g/t Au\n \n \n from\n \n \n 480.55 m to 481.05 m;\n \n \n \n \n \n \n 1.00m @1.39 g/t Au from ...