Positive Results of 0.91% Cu, 7.44% Zn, 30.80 g/t Ag Over 1.50 Meters and 29.50 g/t Au Over 0.50 Meter in Gold Bearing Quartz Ve

Laurion Mineral Exploration Inc. (TSX VENTURE:LME)(OTCQX:LMEFF) ("Laurion") is
very pleased to announce positive base metal and gold results from channel
sampling on the Tehya zone on its Sturgeon River Property, Beardmore, Ontario. 


The Tehya zone was drilled in the summer of 2010 and reported 0.94% Cu, 3.91%
Zn, 27.80 g/t Ag and 0.45 g/t Au over 4.08 m in drill hole LME10-07 within two
parallel lenses of massive to semi-massive sulphides within sheared and
brecciated volcanics with disseminated sulphides. In addition this hole
intersected a sub-parallel quartz vein that graded 2.28 g/t Au over 1.13 m. 


The Tehya zone is adjacent to the HWY 801 which offered the opportunity to strip
the overburden to exposure the mineralized zone for mapping and channel
sampling. This work was completed in November 2010, and assay results have
recently been received. A zone of sulphide mineralization was exposed for
approximately 15 meters and mapped and channel sampled with a diamond saw. The
channels are oriented across the strike of the zone. In addition a zone of gold
bearing quartz veining located 10 meters structurally above the sulphide zones
was exposed for approximately 35 meters, and was similarly mapped and channel
sampled. Significant results of the channel sampling included:




----------------------------------------------------------------------------
Channel             Length    Au g/t    Ag g/t       Cu%       Zn%       Pb%
----------------------------------------------------------------------------
                               Base Metal Zone                              
----------------------------------------------------------------------------
TYCH1001              1.50      0.17      30.8      0.91      7.44      0.04
----------------------------------------------------------------------------
TYCH1002              2.00      0.09      11.4      0.17      2.82      0.43
----------------------------------------------------------------------------
TYCH1003              2.00       .07       6.9      0.20      2.03         -
----------------------------------------------------------------------------
TYCH1014              4.05      0.19      14.7      0.32      3.07      0.15
----------------------------------------------------------------------------
                        Gold Bearing Quartz Vein Zone                       
----------------------------------------------------------------------------
TYCH1008              0.50     29.50      10.4                              
----------------------------------------------------------------------------
TYCH1015              0.50     13.40       1.0                              
----------------------------------------------------------------------------
TYCH1012              0.50      1.84       0.3                              
----------------------------------------------------------------------------
TYCH1007              0.50      1.47       0.3                              
----------------------------------------------------------------------------



The stripping, mapping and channel sampling provided important information on
the strike, dip, and structural setting for the VMS style Cu-Zn-Pb-Ag-Au zones.
Significantly the stripping and the previous drilling have now confirmed that
the zone extends at least 50 meters along strike and 40 meters down dip. The
known strike extent of the Tehya zone is presently limited by the location HWY
801, with massive sulphides extending under the road bed. The gold intersection
up hole from the Cu-Zn zone is interpreted to be the A-11 quartz vein. 


One of the main purposes of the stripping was to define the geological controls
on the Tehya zone, and apply this knowledge to the targeting of drilling on
several high zinc/copper soil anomalies. These areas are not exposed in outcrop
but are covered with thin overburden. They display much larger and stronger soil
anomalies than the Tehya zone. These anomalies are complimented by 400-800 meter
long historical (1984) VLF survey anomalies, and they also have known
Zn-Cu-Ag-Au showings located close to the anomalies. It is planned to cover
these areas with IP surveys in Q1 of 2011, followed by diamond drilling planned
in the first quarter of 2011. The data gathered in the Tehya strip area will be
used to help design the IP survey parameters.


All sampling from the 2010 programs were delivered by GeoVector Management Inc.
personnel to the Activation Laboratories ("Actlabs") facility in Thunder Bay
and/or Geraldton. Actlabs is an ISO/IEC 17025 accredited analytical laboratory.
Analysis for gold was by fire assay with AA finish, followed by fire assay with
gravimetric finish for samples over 3 g/t Au. Samples were also treated with a
multi-acid ICP process, and base metal values over detection limit were treated
to ore grade base metal assays. 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 also routinely inserted blanks
and certified standards into the sample stream in order to independently assess
analytical accuracy. All certified standard assays were within acceptable
limits.


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 Nevada USA. 


Laurion envisages the realization of shareholder value and wealth through
monetization of its discoveries and assets.


Laurion is well-funded to complete the next phases of drilling and exploration
work on the Bell Mountain and Sturgeon River Gold Projects and to successfully
advance these projects, moving the Corporation closer to being a near-term
producer.


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. Such statements include, but are not limited to, statements
concerning the expected timing of assay results. 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.
Laurion Mineral Explorat... (TSXV:LME)
過去株価チャート
から 6 2024 まで 7 2024