Laurion intersects 8.5m of 1.82 g/t gold, 2.5 g/t silver and 1.65% zinc at Sturgeon River project
2012年9月18日 - 8:00PM
PR Newswire (Canada)
TORONTO, Sept. 18, 2012 /CNW/ - Laurion Mineral Exploration Inc.
(OTCQX: LMEFF) ("Laurion" or the "Corporation") is very pleased to
announce the drill results of four drill holes totaling 841 metres
completed on the A-Zone, the northeastern strike component of the
3km long Loki trend on the Sturgeon River project in Beardmore,
Ontario. The focus of this drill program was to twin and confirm
values recorded for historic holes 92-64, 92-65 on the A-Zone, and
to test the lateral mineralization intersected in 90-47 and down
dip of mineralization intersected in 90-37. These latter two
historical holes had intersected horizons sub-parallel and in the
hanging wall of the A-Zone. This drilling was designed to confirm
and expand the mineralization on the various horizons, and was
considered Phase 1 of multiple planned drill programs designed with
the ultimate goal of developing a drill database for a NI 43-101
mineral resource compliant report. As part of this goal, Laurion
has been working towards compiling a comprehensive program of in
depth mapping and prospecting plus a drill database of historical
and current drill holes totaling 265, within a corridor that is 1km
wide and 3km long. This corridor is composed of intermediate and
felsic volcanics hosting numerous zinc dominant volcanogenic
massive sulphide (VMS) horizons which are gold rich. Prospecting
results of the recent field program returned grab samples up to
53.00 g/t Au, 133 g/t Ag, 1.86% Cu and 27.50% Zn (see July 18, 2012
news release). The two drill holes, LBX12-001 and 002 on the A-Zone
confirmed historical results and revealed a wide zone of anomalous
gold and zone within the intermediate to felsic volcanics
containing discrete zones of higher grade mineralization.
Highlights of the drill results are as follows: Hole LBX12-001 was
collared 10m west along strike of historical hole 92-65 which had
intersections of 8.80m @ 1.27 g/t Au, 0.91% Zn and 9.1m @ 1.15 g/t
Au and 1.44% Zn.
_______________________________________________________________ |
LBX12-001 |From (m)|To (m)|Length (m)|Au g/t|Ag g/t|Cu %|Zn %|
|____________|________|______|__________|______|______|____|____|
|Total A-Zone| 44.0 |100.0 | 56.0 | 0.46 | 1.4 |0.02|0.52|
|____________|________|______|__________|______|______|____|____| |
incl. | 76.5 | 85.0 | 8.5 | 1.82 | 2.5 |0.04|1.65|
|____________|________|______|__________|______|______|____|____| |
incl. | 77.0 | 79.5 | 2.5 | 3.10 | 2.2 |0.02|3.24|
|____________|________|______|__________|______|______|____|____|
Hole LBX12-002 was collared 50m west of LBX12-001 and 12m west
along strike of historical hole 92-64 which had intersections of
4.40m @ 4.75 g/t Au, 0.97% Zn and 4.6m @ 0.35 g/t Au and 0.41% Zn.
_______________________________________________________________ |
LBX12-002 |From (m)|To (m)|Length (m)|Au g/t|Ag g/t|Cu %|Zn %|
|____________|________|______|__________|______|______|____|____|
|Total A-Zone| 53.0 | 97.0 | 44.0 | 0.31 | 1.6 |0.02|0.23|
|____________|________|______|__________|______|______|____|____| |
incl. | 55.0 | 58.0 | 3.0 | 1.88 | 10.7 |0.08|1.20|
|____________|________|______|__________|______|______|____|____| |
incl. | 86.5 | 91.0 | 4.5 | 1.02 | 2.8 |0.03|1.03|
|____________|________|______|__________|______|______|____|____| |
and | 156.0 |157.0 | 1.0 | 0.24 | 1.5 |0.09|1.21|
|____________|________|______|__________|______|______|____|____|
The next two drill holes, LBX12-003 and 004, in the program
intersected mineralized horizons that appear to be sub-parallel to
the main A-Zone trend, and occur 50-100m north of the A-Zone. The
holes were collared between 500m and 900m west of the two holes
that tested the A-Zone (LBX12-001 and 002). Hole LBX12-003 was
collared 550m west of LBX12-002 and 30m west along strike of
historical hole 90-47 which had intersections of 6.92m @ 0.12 g/t
Au, 5.7 g/t Ag, 0.07% Cu and 0.48% Zn and 4.28m @ 1.00 g/t Au, 9.5
g/t Ag, 0.22% Cu and 1.11% Zn. This mineralized trend is 100m north
of the A-Zone.
____________________________________________________________
|LBX12-003|From (m)|To (m)|Length (m)|Au g/t|Ag g/t|Cu %|Zn %|
|_________|________|______|__________|______|______|____|____| | |
160.34 |161.00| 0.66 | 0.23 | 4.1 |0.11|1.11|
|_________|________|______|__________|______|______|____|____| | |
175.90 |176.50| 0.60 | 0.64 | 1.7 |0.06|1.49|
|_________|________|______|__________|______|______|____|____| | |
192.45 |200.00| 7.55 | 0.27 | 8.6 |0.15|0.74|
|_________|________|______|__________|______|______|____|____| |
incl. | 192.45 |195.00| 2.55 | 0.59 | 19.2 |0.30|1.19|
|_________|________|______|__________|______|______|____|____| Hole
LBX12-004 was collared 350m west of LBX12-003 and 25m north (down
dip) of historical hole 90-37 which had an intersection of 4.86m @
1.31 g/t Au, 8.0 g/t Ag, 0.07% Cu and 2.72% Zn. This mineralized
trend is approximately 50m north of the A-Zone.
____________________________________________________________
|LBX12-004|From (m)|To (m)|Length (m)|Au g/t|Ag g/t|Cu %|Zn %|
|_________|________|______|__________|______|______|____|____| | |
105.0 |106.0 | 1.00 | 3.67 | nsv* |nsv*|nsv*|
|_________|________|______|__________|______|______|____|____| | |
174.8 |176.0 | 1.20 | 3.96 | 7.8 |0.17|0.80|
|_________|________|______|__________|______|______|____|____|
nsv*: no significant value "This drill program confirmed the
location, grade tenor and thicknesses of the A-Zone horizon as
indicated by the historical drilling. Based on its recent work
Laurion now believes it has two strong trends of mineralization to
carry out follow-up drilling on (Tehya/Ahki and Loki/A-Zone Trends)
for developing a mineralized resource base," commented Cynthia Le
Sueur-Aquin, President of Laurion. All sampling from the 2012
prospecting program 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
press 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 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 realize
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, with a
key interest in a prospective mining property located in Beardmore,
Ontario, Canada. Neither the TSXV nor its Regulation Services
Provider (as that term is defined in the policies of the TSXV)
accepts responsibility for the adequacy or accuracy of this news
release. This news release includes certain forward-looking
statements concerning the future performance of Laurion's business,
operations 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. 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 except as required by law.
Laurion Mineral Exploration Inc. CONTACT: Laurion Mineral
Exploration Inc.Cynthia Le Sueur-Aquin - PresidentTel:
1-705-788-9186Fax: 1-705-788-9187Website: www.laurion.ca
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