Laurion continues to hit VMS mineralized zone at its Sturgeon River Project
2012年9月30日 - 6:15PM
PR Newswire (Canada)
Highlights includes 5.05m of 1.23 g/t Gold, 9.0 g/t Silver and
2.82% Zinc, including 1.25m of 4.24 g/t Gold, 30.6 g/t Silver and
10.52% Zinc TORONTO, Oct. 2, 2012 /CNW/ - Laurion Mineral
Exploration Inc. and (OTCQX: LMEFF) ("Laurion" or the
"Corporation") is pleased to announce the drill results of the
5(th), 6(th) and 7(th) drill holes of a 15-hole drill program
designed to confirm and expand the VMS mineralized northeastern end
of the A-Zone of the 3 km long Loki trend. Assay results of the
first four drill holes, LBX12-001 through LBX12-004 were announced
on the September 18, 2012. Cynthia Le Sueur-Aquin, President and
CEO of Laurion commented, "Laurion's ultimate goal is to develop a
drill database for a NI 43-101 mineral resource compliant report on
the property. We are diligently developing a comprehensive
inventory of detailed geological mapping and prospecting on
outcropping mineralization, together with a drill database of 268
historical and current drill holes, within a mineralized corridor
that is 1km wide and 3km long." The 1km wide corridor is composed
of intermediate and felsic volcanics hosting three sub-parallel
zinc dominant volcanogenic massive sulphide (VMS) horizons, each up
to 3km long, which are gold and silver rich with subordinate copper
values. Prospecting results from 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). To view the map accompanying this
new release showing current and historic drilling on the Loki
Trend, please click on the following link:
http://www.laurion.ca/i/maps/Sturgeon/AZT_CHDM.jpg A-Zone Hole
LBX12-005 targeted a trend north and parallel to the main
mineralized trend and was collared 45m to the southeast of hole
LBX12-003. This drill hole intersected a wide zone of anomalous
gold and narrower zones within the intermediate to felsic volcanics
containing discrete higher grade mineralization. Assay
results are as follows:
____________________________________________________________
|LBX12-005|From (m)|To (m)|Length (m)|Au g/t|Ag g/t|Cu %|Zn %|
|_________|________|______|__________|______|______|____|____| | |
110.70 |119.00| 8.30 | 0.47 | 1.6 | | |
|_________|________|______|__________|______|______|____|____| |
Incl. | 113.00 |114.00| 1.00 | 1.08 | | | |
|_________|________|______|__________|______|______|____|____| | |
118.00 |119.00| 1.00 | 1.58 | 4.9 | | |
|_________|________|______|__________|______|______|____|____| | |
131.00 |137.00| 6.00 | 0.10 | 3.1 |0.04|0.24|
|_________|________|______|__________|______|______|____|____| | |
152.00 |176.00| 24.00 | 0.17 | 3.0 |0.05|0.40|
|_________|________|______|__________|______|______|____|____| |
Incl. | 155.00 |155.50| 0.50 | 0.19 | 1.8 | |1.90|
|_________|________|______|__________|______|______|____|____| |
Incl. | 166.00 |166.50| 0.50 | 1.90 | 33.1 |0.50|3.50|
|_________|________|______|__________|______|______|____|____| |
Incl. | 172.46 |175.00| 2.54 | 0.58 | 8.4 |0.13|1.47|
|_________|________|______|__________|______|______|____|____| | |
187.55 |190.00| 2.45 | | | |0.32|
|_________|________|______|__________|______|______|____|____| Hole
LBX12-006 targeted the A-Zone main mineralized trend and was
collared 95m southeast of hole LBX12-004. It intersected multiple
zones of higher grade gold-zinc mineralization. Assay results
are as follows:
__________________________________________________________________
|LBX12-006|From (m)|To (m)|Length (m)|Au g/t|Ag g/t|Cu %|Zn % |Pb%
|
|_________|________|______|__________|______|______|____|_____|____|
| | 17.00 |26.00 | 9.00 | 0.25 | 1.9 | |0.29 | |
|_________|________|______|__________|______|______|____|_____|____|
| Incl. | 19.00 |20.00 | 1.00 | 1.18 | 8.7 | |1.44 | |
|_________|________|______|__________|______|______|____|_____|____|
| | 67.00 |67.50 | 0.50 | 2.98 | 4.3 |0.09|0.64 | |
|_________|________|______|__________|______|______|____|_____|____|
| | 114.00 |118.00| 4.00 | 0.30 | 1.3 | |0.12 | |
|_________|________|______|__________|______|______|____|_____|____|
| | 135.00 |140.05| 5.05 | 1.23 | 9.0 |0.11|2.82 |0.16|
|_________|________|______|__________|______|______|____|_____|____|
| Incl. | 138.80 |140.05| 1.25 | 4.24 | 30.6 |0.40|10.52|0.49|
|_________|________|______|__________|______|______|____|_____|____|
Hole LBX12-007 was collared immediately next to LBX12-001, but
drilled at a shallower dip to intersect the A-Zone main
mineralization at dip. Hole LBX12-007 also revealed a wide zone of
mineralization with multiple narrow zones of higher grade
mineralization and a number of lower grade gold zones down in the
silicified zone below the main horizon including 1m @ 7.38 g/t
Au. Assay results are as follows:
____________________________________________________________
|LBX12-007|From (m)|To (m)|Length (m)|Au g/t|Ag g/t|Cu %|Zn %|
|_________|________|______|__________|______|______|____|____| | |
23.17 |46.65 | 23.48 | 0.28 | 1.8 | |0.17|
|_________|________|______|__________|______|______|____|____| |
Incl. | 23.17 |24.10 | 0.93 | 0.50 | 9.0 | |1.40|
|_________|________|______|__________|______|______|____|____| |
Incl. | 32.56 |33.26 | 0.70 | 0.94 | 17.6 |0.19|1.10|
|_________|________|______|__________|______|______|____|____| |
Incl. | 37.15 |37.90 | 0.75 | 1.03 | | | |
|_________|________|______|__________|______|______|____|____| |
Incl. | 45.00 |46.65 | 0.90 | 0.90 | 1.5 | |0.59|
|_________|________|______|__________|______|______|____|____| | |
58.50 |62.75 | 4.25 | 0.32 | | | |
|_________|________|______|__________|______|______|____|____| | |
75.00 |81.70 | 6.70 | 0.10 | | | |
|_________|________|______|__________|______|______|____|____| | |
90.00 |95.00 | 5.00 | 0.14 | | | |
|_________|________|______|__________|______|______|____|____| | |
103.00 |104.00| 1.00 | 7.38 | | | |
|_________|________|______|__________|______|______|____|____| The
true thicknesses of the mineralized zones of the above holes, based
on core angle indicators are estimated to be 85-95% of drill
hole intersection widths. Based on its interpretation of the
drilling to date, Laurion is beginning to successfully define the
volcanic stratigraphy within these zones, and to place the
mineralized horizons within specific packages of altered
volcanics. This will allow better focus of the next phase of
drilling on the property. Drill testing of the property has so far
been restricted to a total vertical depth of approximately 150m.
The drill programs continue to confirm 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 north-easterly trends of mineralization on which
to carry out follow-up drilling (Tehya/Ahki and Loki/A-Zone) for
developing a mineralized resource base. 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 3.0 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 is a Qualified Person as defined in "National
Instrument 43-101, Standards of Disclosure for Mineral Properties."
About Laurion Mineral Exploration Inc. Laurion Mineral Exploration
Inc. is a junior mining company focusing on the upside of high
impact projects with a primary focus on gold and secondary focus in
base metals. With proven ability to develop early stage projects
and create shareholder value by monetizing its discoveries and
assets, Laurion has realized a total of $6.35 million in the last
two years from monetization of its assets. The Corporation's
current focus is on resource development at its 100%-owned Sturgeon
River property in Beardmore, Ontario, located 120km northeast of
Thunder Bay. Neither the TSX Venture Exchange nor its Regulation
Services Provider 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: 1-888-212-4070Tel: 1-705-788-9186Fax:
1-705-788-9187Website: www.laurion.ca
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