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LAURION Unlocks High-Grade Gold up to 16.00 g/t in West Vein Systems of the Sturgeon River Mine Area
Thenewswire· 2025-09-23 11:00
Core Insights - LAURION Mineral Exploration Inc. has reported promising results from the second set of assay results from its ongoing 7,700-metre drill exploration program at the Ishkoday Project, with approximately 93% of the program completed [1][5] Exploration Results - The second drilling phase evaluated new potential zones west of the Sturgeon River Mine area, including the M24 and M25 vein systems, and tested the continuity of the M1 vein series [2] - Significant assay results include: - LME25-059: 0.50 m grading 16.00 g/t Au and 8.20 g/t Ag from 275.30 m - LME25-058: 0.50 m grading 9.79 g/t Au and 4.80 g/t Ag from 271.75 m - Additional notable grades include 3.13 g/t Au and 23.90 g/t Ag from 189.25 m in LME25-058 [4] - Both drill holes confirmed the presence of multiple narrow, high-grade gold intercepts within broader mineralized envelopes, indicating the potential for stacked high-grade veins [4] Management Commentary - The President and CEO of LAURION highlighted the robust exploration potential of the Ishkoday Project, emphasizing the high-grade gold and silver intercepts and the project's capacity to host multiple mineralized zones [5] Next Steps - The drilling will continue to focus on expanding mineralization within the M-series veins and testing additional strike extensions northeast of the Sturgeon River Mine shaft, with results from remaining drill holes to be released as they become available [6] Assay Turnaround Update - The company has noted that assay laboratories are experiencing increased sample volumes, leading to an extended turnaround time of approximately eight weeks for assay results [11] Company Overview - LAURION is a mid-stage junior mineral exploration and development company focused on the Ishkoday Project, which is 100% owned and covers an area of 57 km², emphasizing gold-rich polymetallic mineralization [14][15]