LAURION Retains Ronacher McKenzie Geoscience Inc. to Deliver Innovative and Integrated Geological Management to the Ishkoday Project
1
LAURION Retains Ronacher McKenzie Geoscience Inc. to Deliver
Innovative and Integrated Geological Management to the
Ishkoday Project
TORONTO, ONTARIO – November 15, 2021) – LAURION Mineral Exploration Inc. (TSX.V:
LME and OTCPINK: LMEFF) (“LAURION” or the “Corporation”) is very pleased to
announce that it has retained Ronacher McKenzie Geosciences Inc. (“RM G”) of
Sudbury, ON to work with LAURION in the design, execution, and geological
management of exploration work on its Ishkoday Project , located 220 km northeast
of Thunder Bay. The projects will be supervised by Claire Somers, P.Geo.
Stated Cynthia Le Sueur -Aquin, CEO and President : “LAURION has been most
successful in achieving its exploration objectives and drilling goals over the last three
years, accumulating a substantial geoscientific database. Gearing up into next phase
of the Ishkoday exploration evolution and ramping up the 2022 drill program ,
LAURION’s engagement of the RMG muscle provides consistency and accessibility to
a variety and depth of diverse geological expertise with innovative approaches and
new techniques, to achieve the next level exploration successes and development
of efficient operations. The RMG group of geologists and geophysicists will provide a
unique combination of solutions for innovative targeting and resource development,
across the 6km by 250m mineralized corridor on the Ishkoday.”
Elisabeth Ronacher, Principal Geologist and co -founder of Ronacher McKenzie
Geoscience, stated: “We are excited to be working on the Ishkoday Project with the
LAURION team. LAURION has collected high-quality data and we are looking forward
to advancing this unique project and bringing it to the next stage by conducting an
in-depth data analysis using our team’s extensive industry expertise.”
A total of 10 -15,000 metres of drilling has been allocated for the 2022 exploration
drilling program. LAURION, RMG and Jean-Philippe Paiement of Mira Geoscience are
in the process of completing judicious target ranking across the 1.4km strike length of
the A-Zone, McLeod and CRK Zones, to maximize drilling success and development
of Ishkoday resources. The criterion has been derived from the 2018 to 2021 desktop
studies and field-based programs.
In parallel with the drill program, LAURION also aims to complete a detailed mapping
and lithogeochemical sampling program over selected areas of the property with the
secondary goal of populating a database of rock samples for lithogeochemical
characterization. The mapping with focus o n structure will assist in developing a
broader litho-structural understanding of the Ishkoday Project, whilst the collection of
in-situ samples will greatly support the litho-geochemical framework.
2
About Ronacher McKenzie Geoscience Inc.
Ronacher McKenzie Geoscience Inc . is an international consulting firm , providing
geological and geophysical services for the mineral exploration industry with offices
in Toronto and Sudbury, Canada. With a strong knowledge base and an integrated
3D approach to geoscience data combined with leading expertise in innovative
targeting and resource development , the company assists in maximising success for
their clients.
Qualified Person
The technical information in this news release has been prepared in accordance with
Canadian regulatory requirements and has bee n reviewed and approved by Jean -
Philippe Paiement, P.Geo., MSc., a consultant to LAURION, and a “qualified person”
within the meaning of National Instrument 43-101.
About LAURION
The Corporation is a junior mineral exploration and development company listed on
the TSXV under the symbol LME and on the OTCPINK under the symbol LMEFF. LAURION
now has 242,565,353 outstanding shares of which approximately 79% are owned and
controlled by Insiders who are eligible investors under the “Friends and Family”
categories.
LAURION's emphasis is on the development of its flagship project, the 100% owned
mid-stage 47 km 2 Ishkoday Project, and its gold -silver and gold -rich polymetallic
mineralization with a significant upside potential. The mineralization on Ishkoday is
open at depth beyond the current core-drilling limit of -200 m from surface, based on
the historical mining to a -685 m depth, in the past producing Sturgeon River Mine. The
Brenbar Property, acquired in 2020, is contiguous with the Ishkoday Property and hosts
the historic Brenbar Mine. LAURION believes the mineralization to be a direct extension
of mineralization from the Ishkoday Property.
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 reflect the Corporation’s current
expectations regarding future events, including with respect to LAURION’s business, operations
and condition, 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
differ materially from those projected herein including as a result of a change in the trading
price of the common shares of LAURION, 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 parties to
perform, labor disputes and other risks of the mining industry, delays in obtaining governmental
approvals or financing or in 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
3
Corporation’s public disclosure record, for additional information on risks and uncertainties
relating to these forward -looking statements. The reader is cautioned n ot 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.