TORONTO, March 31,
2023 /CNW/ - LAURION Mineral Exploration Inc.
(TSXV: LME) (OTCPINK: LMEFF) ("LAURION" or the
"Corporation") is very pleased to announce that it has
entered into an agreement with ONYEN Corporation ("ONYEN") for it
to provide its unique technology software for the Corporation's
2023 and future environmental, social and governance ("ESG")
reporting on LAURION's 100% wholly-owned 47km2
Ishkoday property. The Ishkoday project is located in
northwestern Ontario, 56
kilometres west of Geraldton, and
just 10 kilometres north of the Trans-Canada highway No. 11 along
Provincial Road 801.
LAURION is well funded, with an experienced and devoted
technical team. Significant advances in understanding the
nature and distribution of earlier polymetallic (epithermal) and
later gold (orogenic) mineralization was achieved during
2022. This is expected to enable better exploration focus
within the roughly 6 km-long corridor where most known
mineralization has been documented, to date, along with better
targeting of additional zones where potential is suspected.
Cynthia Le Sueur-Aquin, President
and CEO of LAURION, commented: "Retaining ONYEN to
complete our ESG reporting reflects LAURION's commitment to our
communities, the principles embodied by ESG, and the standards by
which we hold ourselves accountable." She further explained:
"The ONYEN system is a powerful platform that helps companies
better capture, monitor, benchmark, manage and report their
ESG risks and opportunities with real-time reporting displayed on
the Executive Dashboard and ESG Scorecards. It also includes an AI
driven predictive scoring model, in real time, to assist the
Corporation in understanding how the resulting metrics are viewed
by the investing community, thereby supporting our efforts to meet
our obligations to stakeholders. With all relevant standards and
frameworks built in, this solution generates auditable ESG reports
for directors, CEOs, sustainability professionals, capital
providers, rating agencies and regulators. ESG and the concepts
contained within are embedded in our corporate values. These
concepts, along with our values, will help us deliver on our
commitments, and confirm the way we operate at LAURION".
LAURION is proud to have worked with three local First Nation
communities over the past six years, engaging in open dialogue
based on transparency, trust and mutual respect. LAURION is
committed to being a good neighbour through enhanced community
engagement and looks forward to maintaining and further developing
its First Nation relationships.
Qualified Person
The technical contents of this release were reviewed and
approved by Avrom E. Howard, PGeo,
MSc, a consultant to LAURION, and a qualified person as defined by
National Instrument 43-101 – Standards of Disclosure for
Mineral Projects.
About LAURION Mineral Exploration
Inc.
The Corporation is a junior mineral exploration and development
company listed on the TSXV under the symbol LME and on the OTCPINK
under the symbol LMEFF. LAURION now has 256,909,855 outstanding
shares of which approximately 80% are owned and controlled by
Insiders who are eligible investors under the "Friends and Family"
categories.
LAURION's emphasis is on the development of its flagship
project, the 100% owned mid-stage 47 km2 Ishkoday
project, and its gold-silver and gold-rich polymetallic
mineralization.
Website: http://www.LAURION.ca
About ONYEN:
Onyen Corporation is a global technology company providing the
premiere software solution for the simplification and automation of
sustainability reporting for improved access to capital.
Onyen helps companies better capture, monitor, benchmark, manage
and report their environmental, social and governance (ESG) risks
and opportunities with real-time reporting displayed on the
Executive Dashboard and ESG Scorecards. With all relevant standards
and frameworks built in, this solution generates auditable ESG
reports for directors, CEOs, sustainability professionals, capital
providers, rating agencies and regulators.
Web: onyen.com
Caution Regarding Forward-Looking
Information
This press release contains forward-looking statements, which
reflect the Corporation's current expectations regarding future
events, including with respect to LAURION's business, operations
and condition, management's objectives, strategies, beliefs and
intentions, the anticipated outcomes and results from the
Corporation's arrangement with ONYEN, the Corporation's First
Nation relationships, the Corporation's ability to advance the
Ishkoday project, and the nature, focus and potential results of
the Corporation's future exploration efforts, including its planned
exploration activities for the Ishkoday project in 2023. The
forward-looking statements involve risks and uncertainties. Actual
events and future results, performance or achievements expressed or
implied by such forward-looking statements could differ materially
from those projected herein including as a result of a change in
the trading price of the common shares of LAURION, the
interpretation and actual results of current and future exploration
activities, changes in project parameters as plans continue to be
refined, future prices of gold and/or other metals, possible
variations in grade or recovery rates, failure of equipment or
processes to operate as anticipated, the failure of contracted
parties to perform, labor disputes and other risks of the mining
industry, delays in obtaining governmental approvals or financing
or in the completion of exploration, as well as those factors
disclosed in the Corporation's publicly filed documents. Investors
should consult the Corporation's ongoing quarterly and annual
filings, as well as any other additional documentation comprising
the Corporation's public disclosure record, for additional
information on risks and uncertainties relating to these
forward-looking statements. The reader is cautioned not to rely on
these forward-looking statements. Subject to applicable law, the
Corporation disclaims any obligation to update these
forward-looking statements.
NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICE
PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX
VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR
ACCURACY OF THE CONTENT OF THIS NEWS RELEASE.
SOURCE Laurion Mineral Exploration Inc.