TORONTO, April 28, 2021 /CNW/ - LAURION Mineral
Exploration Inc. (TSXV: LME) (OTCPINK:
LMEFF) ("LAURION" or the "Corporation"), at the request
of the Market Surveillance group of the Investment Industry
Regulatory Organization of Canada
(IIROC), advises that the Corporation is not aware of any
material undisclosed corporate developments and has no material
change to report at this time that may be contributing to the level
of trading activity of its shares.
The Corporation will keep the market informed as
required. LAURION requests that the reader refers to the most
recent press release dated April 13,
2021 in which LAURION announced it had initiated a program
of 10,000 metres of drilling on its Ishkoday Project, located 28 km
northeast of Beardmore, Ontario.
The Corporation is on track with respect to its stated goals and
timelines in achieving those goals.
About LAURION Mineral Exploration Inc.
The Corporation is a junior mineral exploration and development
company listed on the TSX Venture Exchange under the symbol LME and
on the OTCPINK under the symbol LMEFF. The Corporation currently
has 210,487,262 outstanding shares, of which approximately 73% of
LAURION's issued and outstanding shares 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 km2 Ishkoday
Project, and its 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 recently acquired
Brenbar Property, which is contiguous with the Ishkoday Property,
hosts the historic Brenbar Mine and LAURION believes the
mineralization to be a direct extension of mineralization from the
Ishkoday Property.
Website: http://www.LAURION .ca
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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 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 Corporation's public disclosure record, for
additional information 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.
SOURCE Laurion Mineral Exploration Inc.