Laurion Mineral Exploration Inc. has announced exciting developments regarding its exploration activities at the Ishkōday Project located in Greenstone, Ontario. Recently, the company shared promising assay results from four diamond drill holes, designated as LME25-067 through LME25-070. These results are instrumental in confirming the existence of high-grade orogenic gold veins within the Marge–Allard multi-vein corridor, an area that continues to show significant potential for future exploration.
The results, derived from the ongoing exploration efforts, emphasize Laurion’s commitment to uncovering the geological riches of the region. The drilling program involved a comprehensive plan encompassing 15 drill holes that totalled an impressive 7,586 meters. With these latest findings, the cumulative drilling at Ishkōday now amounts to approximately 99,834 meters, firmly establishing the project as a focal point for the company’s exploration strategy.
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Recent assay results and their significance
The recently reported results from drill holes LME25-067 to LME25-070 highlight some of the highest-grade intercepts recorded. The assays have demonstrated a strong continuity of near-surface veins, showcasing robust mineralization across various stacked gold-bearing structures. Notably, these findings reaffirm the viability and potential of the Marge–Allard corridor, indicating that it could be a significant contributor to Laurion’s ongoing exploration success.
Key highlights from the drill results
Among the most notable results from the recent drill assays, the following high-grade intercepts stand out:
- LME25-069: 0.5 m @ 15.35 g/t Au from 450.9 m to 451.4 m
- LME25-069: 3.0 m @ 1.09 g/t Au from 134.0 m to 137.0 m, with a section yielding 0.5 m @ 3.89 g/t Au
- LME25-069: 1.1 m @ 4.14 g/t Au from 738.0 m to 739.1 m, including 0.5 m @ 7.30 g/t Au
- LME25-067: 0.7 m @ 11.40 g/t Au from 235.6 m to 236.3 m, within a broader interval of 1.3 m @ 5.64 g/t Au
- LME25-068: 0.5 m @ 1.04 g/t Au from 154.5 m to 155.0 m
All intervals reported represent downhole lengths; however, true widths remain to be determined as further analysis is necessary.
Geological context and future exploration plans
The recent drilling efforts specifically targeted the eastern extension of the Marge–Allard vein system, which is situated approximately 700 meters north of the historic Sturgeon River Mine. This area is characterized by an intricate network of gold-bearing quartz veins, including the Marge and Allard veins. Historical work has revealed substantial mineralization in these veins, bolstering the prospects for future exploration.
Historical insights and ongoing developments
Significant historical data underscores the potential of the Ishkōday Project. For instance, channel sampling conducted by Phoenix Gold Mines in 1984 along the Marge Vein reported notable assays over considerable strike lengths. Laurion’s own previous explorations in 2008 revealed high-grade results further validating the mineralization in this area.
With the completion of the drill program, Laurion is set to integrate these findings into a comprehensive 3D geological and structural model for Ishkōday. The company intends to focus on the Sturgeon River–Brenbar Corridor and the A-Zone-CRK corridor as part of its strategic operational plan. Future efforts will include structural consolidation and plunge-oriented drilling to identify high-grade shoots that have been recognized in prior drilling programs.
According to Cynthia Le Sueur-Aquin, President and CEO of Laurion, the recent results are a testament to the area’s potential, and the company remains committed to maximizing shareholder value through diligent exploration and development strategies.
