Northwire Canada EditionFriday, August 14, 2026
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Drill Results

Laurion adds to advisory network

By The Northwire Desk — AI Analysis Sep 05, 2025 · 16:32 LME · 0.335 Laurion Mineral Exploration Inc.
LME · Price

Executive Summary

  • Laurian expanded its strategic advisory network, adding three non‑exclusive advisers alongside U.S. Capital Global Partners and Oak Hill Financial to support potential strategic transactions.
  • The Ishkoday drilling campaign is 85 % complete with a 7,000‑m diamond drill program; first assay results include 9.16 g/t Au over 0.80 m at Sturgeon River.
  • Additional trenching and channel sampling at Twin Falls/Cyril Knight have identified highly prospective mineralization, with assay turnaround now averaging six weeks.

Key Details

  • Advisory Network Expansion
  • Retained three additional non‑exclusive advisory teams to complement U.S. Capital Global Partners (USCGP) and Oak Hill Financial.

  • Structure designed for coordinated investor access, institutional/retail brokerage reach, and exploration of strategic alternatives.

  • Ishkoday Exploration Program

  • Flagship 57 km² project located ~220 km NE of Thunder Bay, Ontario.
  • Completed deep‑penetrating DCIP and 3‑D magnetotelluric surveys to 2.5 km depth, refining structural targets.
  • Launched a 7,000‑m diamond drill program in late May targeting Brenbar and Sturgeon River mine areas.
  • Approximately 85 % of planned drill metres completed; only two holes remain.
  • First three drill hole assay results released:
    • Notable intercept: 9.16 g/t Au over 0.80 m at Sturgeon River.
  • Fourth hole partial results pending (see Aug. 19, 2025 release).

  • Trenching/channel sampling at Twin Falls/Cyril Knight identified highly prospective mineralization; assay turnaround now ~6 weeks.

  • Shareholder Guidance

  • Company will promptly disclose any material information per regulatory requirements.
  • Shareholders urged to avoid speculative social‑media activity that could affect share price or strategic execution.

Notable Quotes

“Our expanded advisory network and disciplined exploration program position Laurion to maximize shareholder value while we evaluate strategic alternatives.” – Management (paraphrased)

Read the original news release →

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Financings