LAURION Commences Summer Exploratio n at the Ishkoday Project in Preparation for the Upcoming Diamond Drilling Program
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LAURION Commences Summer Exploratio n at the Ishkoday Project in
Preparation for the Upcoming Diamond Drilling Program
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.
TORONTO, ONTARIO (June 4, 2019) - Laurion Mineral Exploration Inc. (TSX.V: LME) and
(OTCPINK: LMEFF) (“LAURION” or the “Corporation”) is pleased to announce the
commencement of the summer 2019 exploration program (the “ Campaign”) on the
Corporation’s 47 km2 Ishkoday Project (“Ishkoday”), located 220 km northeast of Thunder Bay.
The Campaign forms part of 2018-2019 exploration initiated in May 2018 as a three-staged 18-
month program with the strategic objective of outlining the bulk precious and base metals
upside potential at Ishkoday. It is linked to the on-going Stage 2 program facilitating the
confirmation of the lateral and cross-strike continuity of the mineralization. A 2-D and 3-D
geology-mineralization model will be constructed in conjunction with the confirmation of the
lateral and cross-strike continuity of the minera lization, thus providing Laurion a solid technical
background model to initiate diamond drilling to prove the model as part of the Stage 3
program.
The Campaign started on May 21, and consists of mechanized outcrop stripping, power
washing, geological mapping, channel sampling and assaying of an additional 3,000m in 5
stripped areas or lines (the “ Lines”): (1) finishing up TR18-3, the SW extension of the Marge/“F”
Veins system; (2) the historic past producing Sturgeon River Mine’s No. 3 Quartz Vein and the
nearby No.1, No. 2 and No. 8 /11 Veins (TR19-1); (3) the Marge/“F” Quartz Vein system (TR19-2);
(4) the CRK polymetallic sulphide vein (TR19-3); and (5) the “A” Zone polymetallic sulphide vein
(TR19-4). Additional work will consist of detailed mapping of the SW, SE and NE sectors of the
Target Area to confirm extensions of known and new gold bearing quartz and polymetallic
sulphide veins; and ultimately completing the construction of the 2-D and 3-D geological-
mineralization model by LAURION and Mira, an d planning of the Stage 3 diamond drilling
program – a first pass model is expected by mid-June.
The Campaign is slated for completion at the end of Q3-2019.
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About Laurion
The Corporation is a junior mineral exploration and development company listed on the TSX-V
under the symbol LME and on the OTCPINK under the symbol LMEFF. LAURION now has
153,470,084 outstanding shares of which 55.1% are owned and controlled by Insiders and
within the “friends and family” category.
LAURION’s emphasis is on the development of it s flagship project, the 100% owned mid-stage
44 km2 Ishkoday Project, and its gold-silver and gold-rich polymetallic mineralization with a
significant upside potential. The Ishkoday Proj ect has a project-wide database (2008 to 2018)
that includes 283 diamond drill holes tota ling 40,729m, geological mapping, ground
geophysics, and 14,992 individual samples with assays and geochemical analysis. The
mineralization on the Ishkoday is open at depth beyond the current core-drilling limit of -200 m
f r o m s u r f a c e , b a s e d o n t h e h i s t o r i c a l m i n i n g t o a - 6 8 5 m d e p t h , a s e v i d e n c e d i n t h e p a s t
producing Sturgeon River Mine.
Mr. Jean Lafleur, P. Geo. (APGO, OGQ), Laurion’s Technical Advisor to the Board of Directors,
is a Qualified Person as defined by National Instrument 43-101 guidelines, and has reviewed
and approved the content of this news release.
FOR FURTHER INFORMATION, CONTACT:
Laurion Mineral Exploration Inc.
Cynthia Le Sueur-Aquin – President and CEO
Tel: 1-705-788-9186
Fax: 1-705-805-9256
Website: http://www.laurion.ca
Caution Regarding Forward-Looking Information
This press release contains forward-looking statements, which re flect the Corporation’s current expectations regarding future
events, including with respect to Laurion's business, operations and condition, the Agreement an d the transactions contemplated
therein, the relationship between Metals House and the Corpor ation, future plans for the development of the Corporation,
Ahsineeg and/or the Ishkoday Gold Project, and management's objectives, strategies, beliefs and intentions.
The forward-looking statements involve risks and uncertainties. Actual events and future results, performance or achievements
expressed or implied by such forward-looking statements could di ffer materially from those projected herein including as a resu lt
of a change in the trading price of the common shares of Laurio n, the interpretation and actual results of current exploration
activities, changes in project parameters as plans continue to be refined, future prices of gold and/or other metals, possible
variations in grade or recovery rates, failure of equipment or processes to operate as anticipated, the failure of contracted p arties
to perform, labor disputes and other risks of the mining industry , delays in obtaining governmental approvals or financing or i n the
completion of exploration, as well as those factors disclosed in the Corporation’s publicly filed documents. Investors should consult
the Corporation’s ongoing quarterly and annual filings, as well as any other additional documentation comprising the
Corporation’s public disclosure record, for additional informatio n on risks and uncertainties relating to these forward-looking
statements. The reader is cautioned not to rely on these forward- looking statements. Subject to applicable law, the Corporation
disclaims any obligation to update these forward-looking statements.
NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICE PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX
VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THE CONTENT OF THIS NEWS RELEASE.