LMEFF News - PDAC 2017 11,000 Acre Gold Project
TSX Venture Exchange (LME.V)& OTC: (LMEFF).
Significant high grade gold environment and a polymetallic environment, both harnessed within a 100% owned 4,697ha (11,607ac.) property package, located 220km northeast of Thunder Bay with easy access off the Trans-Canada Highway.
Laurion is expanding on a legacy of high grade gold production from the Ishkoday shaft which is associated with a significant gold environment located to the north of the shaft, and the significant polymetallic discovery hosted in the massive sulphide trends.
*Substantial exploration potential and opportunity to expand a multiple payable metal resource along strike and at depth, hosted within 3 massive sulphide trends, with a total strike length of 9km within a 1km wide corridor.
THREE-phased business plan (60 months) to build on world-class multi-metal gold and zinc-rich deposit. ?Total data base of 40,729m of drilling and geophysics, highlighting the potential for large polymetallic deposit at shallow depth, with mineralization increasing in grade and width.
Significant unexplored gold environment hosted in the granite/granodiorite proximal to the existing shaft confirmed by drilling, surface sampling, soil geochem and drilling. Revenue generation opportunities from surface stockpiles, a number of high grade gold quartz veins and an in-situ 85,000 ounces gold (historical estimate - shaft).