Laurion Confirms and Extends High Grade Gold Mineralization at Marge Vein, Sturgeon River
02 9월 2010 - 1:03AM
Laurion Mineral Exploration Inc. (TSX-V:LME) (Other OTC:LMEFF)
("
Laurion") is pleased to report assay results
from the Company's drill program conducted at the Sturgeon River
Property in Beardmore, Ontario. The target of the drill program,
which consisted of five holes over a 150 metre strike length, was
the gold-rich Marge Vein. The Marge Vein is contained within a
sheared diorite and hosted minor pyrite system. The drill
holes were designed to intersect the vein at right angles and to
confirm and extend indications of high grade gold stemming from
historical trenching and channel sampling.
Highlights from the drilling of the Marge Vein include an
intersection of 20.2 g/t gold over 0.36 metres in hole
LME10-01. In hole LME10-05, there were multiple zones of gold
mineralization, including 3.34 g/t gold over 1.03 metres, which had
a lower grade halo mineralization of 1.03 g/t gold over 3.78
metres. LME10-05 also contained a second zone of gold
mineralization grading 0.49 g/t gold over 3.0 metres.
Three other holes were drilled along the Marge Vein, two of
which had significant values to report. Drill Hole
LME10-03 returned 1.30 g/t gold over 0.23 metre contained
within a 7.5 metre shear zone which averaged 0.18g/t
gold. Drill Hole LME10-04 returned 0.65 g/t gold over
1.00 metre (Marge Vein) and a second zone of 0.63 g/t gold over
1.00 metre (Sulphide Zone).
"Drilling of the Marge Vein is geared toward defining a Sturgeon
River style gold deposit and it appears that recent drill and
channel sample results confirm the historical high grade for this
vein," commented Cynthia Le Sueur-Aquin, President and Chief
Executive Officer of Laurion Mineral Exploration Inc. "The
Marge Vein is outcropping on surface and thus is available for
quick mine development. There is great potential for wider
zones of mineralization as there are 10 other veins subparallel or
obliquely crossing the Marge Vein and, the adjacent host rock is
mineralized."
The entire drill core from the 2010 first phase drill program
was logged, split and sampled at a secure core facility in
Jellicoe, Ontario. Samples were delivered by GeoVector personnel to
the Activation Laboratories ("Actlabs") facility in Thunder Bay.
Actlabs is an ISO/IEC 17025 accredited analytical
laboratory. Analysis was by fire assay with AA
finish. Analytical accuracy and precision are monitored at the
laboratory by the analysis of reagent blanks, reference material
and replicate samples. Quality control is further assured by the
use of international and in-house standards. GeoVector routinely
inserted blanks and certified standards into the sample stream in
order to independently assess analytical accuracy. The technical
information contained in this news release has been verified by Joe
Campbell, P. Geo., consulting geologist with GeoVector Management
Inc. Mr Campbell is the project manager for Laurion's Sturgeon
River project and he is a Qualified Person as defined in "National
Instrument 43-101, Standards of Disclosure for Mineral
Properties."
About Laurion Mineral Exploration Inc.
Laurion's focus is to make the transition from explorer to
near-term producer. Laurion's exploration horizons are focused
primarily on gold with a secondary interest in base metals and PGEs
with key interests in prospective mining properties located in
Ontario and Churchill County, Nevada USA.
Laurion envisages the realization of shareholder value and
wealth through monetization of its discoveries and assets.
The Laurion Mineral Exploration Inc. logo is available at
http://www.globenewswire.com/newsroom/prs/?pkgid=7937
Neither TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
This news release includes certain forward-looking statements
concerning the future performance of Laurion's business, operations
and financial performance and condition, as well as management's
objectives, strategies, beliefs and intentions. Forward-looking
statements are frequently identified by such words as "may",
"will", "plan", "expect", "anticipate", "estimate", "intend" and
similar words referring to future events and results.
Forward-looking statements are based on the current opinions and
expectations of management. All forward-looking information is
inherently uncertain and subject to a variety of assumptions, risks
and uncertainties, including the speculative nature of mineral
exploration and development, fluctuating commodity prices,
competitive risks and the availability of financing, as described
in more detail in our recent securities filings available at
www.sedar.com. Actual events or results may differ materially from
those projected in the forward-looking statements and Laurion
cautions against placing undue reliance thereon. Laurion and
its management assume no obligation to revise or update these
forward-looking statements.
This highest-value, lowest cost press release is a service of So
Act Network's Press Club. www.pressclub.biz
CONTACT: Laurion Mineral Exploration Inc.
Cynthia Le Sueur-Aquin - President
1-705-788-9186
Fax: 1-705-788-9187
www.laurion.ca
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