Laurion Commences Drilling on the Bell Mountain to Expand Mineralization on the Sphinx Zone
2011年11月15日 - 12:00AM
PR Newswire (Canada)
TORONTO, Nov. 14, 2011 /CNW/ - Laurion Mineral Exploration Inc.
(OTCQX: LMEFF) ("Laurion" or the "Corporation") is pleased to
announce that Major Drilling of Salt Lake City, Utah have mobilized
their drill onto the Bell Mountain property, and that drilling has
commenced. The drill program is composed of 1,219.2m (4,000ft.) of
reverse circulation drilling ("RC"). Approximately 823m (2,700ft.)
will be completed on the Sphinx Zone. Historic sampling indicates
that the Sphinx Zone is approximately 300m (1,000ft.) along strike
and up to 24m (75ft.) in maximum width. The Sphinx Zone dips
approximately 60 degrees to the south-west and thus drilling could
contribute significantly to the resource totals. The remaining RC
drill holes will be on the west-facing slope of the Varga Zone. The
Bell Mountain is a gold/silver project located in the south-eastern
part of Churchill County in west-central Nevada (USA). The Property
is located approximately 82 road kilometres south-east of Fallon
and 102 air kilometres south-east of Reno, Nevada. The technical
information contained in this news release has been verified by
Dana Durgin (MSc, P. Geo), consulting geologist with and project
manager for Laurion's Bell Mountain project and is a Qualified
Person as defined in "National Instrument 43-101, Standards of
Disclosure for Mineral Properties." About Laurion Mineral
Exploration Inc. The Corporation's focus is to make the transition
from explorer to near-term producer and envisages the realization
of shareholder value and wealth through monetization of its
discoveries and assets. 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. The Corporation has an
option to acquire a 100% interest in the Bell Mountain Gold Project
with Globex Mining Enterprises Inc. (TSE: GMX, (G1M-Frankfurt))
("Globex") of Rouyn-Noranda, Quebec. 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. Such statements include, but
are not limited to, statements concerning the Bell Mountain
Property as described above. 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 Exploration Inc. CONTACT: Laurion Mineral
Exploration Inc.Cynthia Le Sueur-Aquin - PresidentTel:
1-888-212-4070Tel: 1-705-788-9186Fax: 1-705-788-9187Website:
www.laurion.ca
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