Oscillators : BUY Summary: STRONG BUY Moving averages : STRONG BUY See by yourself https://www.tradingview.com/symbols/TSXV-LME/technicals/
https://www.barchart.com/stocks/quotes/LME.VN/overview . The market is in highly overbought territory. Beware of a trend reversal.
https://www.barchart.com/stocks/quotes/LME.VN/overview Barchart Technical Opinion.............STRONG BUY.......... The Barchart Technical Opinion rating is a 100% Buy and ranks in the Top 1% of all short term signal directions. Long term indicators fully support a continuation of the trend. Key Turning Points 52-WEEK DAILY 3rd Resistance Point....1.093 2nd Resistance Point...1.037 1st Resistance Point....1.003 Last Price...................0.970 1st Support Level.......0.913 2nd Support Level......0.857 3rd Support Level.......0.823
Barchart Technical Opinion TrendSpotter BUY 100% Buy with a Strengthening short term outlook on maintaining the current direction. https://www.laurion.ca/investors/videos/ https://www.laurion.ca/_resources/presentations/corporate-presentation.pdf https://www.laurion.ca/ishkoday-project/surface-ore-bearing-stockpiles/technical-report-ni-43-101/
Laurion drills 8.7m of 1.21 g/t Au, 6.4% Zn at Ishkoday 2022-04-19 10:15 ET - News Release Ms. Cynthia Le Sueur-Aquin reports LAURION EXTENDS THE A-ZONE TO 700M TOWARDS THE SOUTHWEST AND INTERCEPTED 1.21 G/T AU AND 6.40% ZN OVER 8.70 M Laurion Mineral Exploration Inc. has released assay results from the first three diamond drill holes designed to expand the gold-rich and zinc-rich mineralization at the A zone, located within a two-kilometre segment of the six km long Ishkoday mineralized trend. The A zone trend is located on the southeastern portion of the Ishkoday project, which Laurion is targeting with a 15,000-metre drill campaign, which commenced on Jan. 14, 2022. The Ishkoday project comprises an area of 47 square kilometres, with an initial exploration focus in areas accessed via Road 801, approximately 20 km northeast of Beardmore, Ont. The drilling confirmed the current geological interpretation and three-dimensional model for the mineralization at the A zone. The interpreted mineralized horizon and veins, believed to be associated with syn-volcanic hydrothermal activity and later orogenic events, have been intercepted in all holes from the 2022 drill campaign. The redefined interpretation illustrates the stacked nature of the mineralization extending over more than two km of strike length and 200 m of width from the CRK zone to the A zone. In this newly drilled area, gold-rich mineralization and zinc-rich mineralization were intercepted, returning: LBX22-057 -- 1.21 grams per tonne gold, 6.4 per cent zinc and 0.8 per cent copper over 8.7 m, including 1.67 g/t Au, 10.56 per cent Zn and 0.79 per cent Cu over 2.68 m as well as 1.75 g/t Au, 13.36 per cent Zn and 2.09 per cent Cu over 1.45 m; LBX22-056a -- 0.85 g/t Au, 1.98 per cent Zn and 0.18 per cent Cu over 3.45 m, including 1.55 g/t Au, 7.79 per cent Zn and 0.27 per cent Cu over 0.5 m; LBX22-058 -- 1.55 g/t Au, 1.12 per cent Zn and 0.11 per cent Cu over 1.3 m, including 2.79 g/t Au, 1.85 per cent Zn and 0.15 per cent Cu over 0.7 m. Along the Ishkoday mineralized trend, two mineralization styles were identified: Gold-rich and zinc-rich volcanogenic veins/horizons; Orogenic-style gold veins. The current drilling campaign for the A zone also included: Three drill holes located along strike from these initial holes (LBX22-056, LBX22-057 and LBX22-058) that also intersected gold-rich and zinc-rich veins (assays pending), confirming that the A zone extends significantly to the southwest over a newly opened strike area of more than 700 m. Four new planned drill holes will further test the southwest extension of the A zone. Two drill holes located in the northeastern portion of the A zone have tested the mineralization zone at depth and intersected gold-rich and zinc-rich veins, together with gold orogenic veins (assays pending). Drilling in the A zone confirmed that the widest and highest-grade intercepts are dipping to the southwest at approximately 25 degrees toward 225 degrees (in line with the region stretch lineation). Current drilling and objectives: Nine drill holes located in the McLeod zone swamp intercepted the modelled gold-rich and zinc-rich veins and gold orogenic veins along the northeast-trending Ishkoday mineralized trend (assays pending). If spring conditions permit, three additional drill holes are planned in the swamp to target a large chargeability anomaly coinciding with the interpreted mineralized horizons. Once the spring breakup occurs, the drill will be moved to the A zone to further investigate the newly opened area and the continuity of the CRK and A zones. Further drilling is also planned to test the possible southeastern connection between the McLeod area and the CRK zone. Sampling analysis and laboratory Samples from the 2022 drilling were cut and sent for analysis. Preparation and analysis were completed at the Actlabs (ISO 9001:2015) laboratory in Thunder Bay. Actlabs is an internationally recognized laboratory that provides geochemical sample preparation, analytical procedures and data management solutions. Laurion uses a quality assurance/quality control program that monitors the chain of custody of samples and includes the insertion of blanks (5 per cent of the announced results), duplicates (3 per cent of the announced results) and standard reference materials (5 per cent of the announced results) in each batch of samples sent for analysis. Drill core is photographed, logged and cut in half, with one-half retained in a secured location for verification purposes and one-half shipped for analysis. The entire sample is crushed to 80 per cent passing two millimetres, and a riffle split of 250 grams is taken and pulverized to 95 per cent passing 105 micrometres (RX1). Samples are analyzed by four-acid digestion/ICP-MS package for 36 elements (1F2). Additionally, samples are analyzed for gold using a fire assay from a 50-gram pulp (1A2B-50). Overlimit sample values for zinc (greater than 1 per cent) and lead (greater than 0.5 per cent) are reassayed using a four-acid digestion overlimit method with ICP-AES 9. No quality assurance/quality control issues were noted with the results reported herein. Qualified person The technical contents of this release were reviewed and approved by Jean-Philippe Paiement, PGeo, MSc, a consultant to Laurion, a qualified person as defined by National Instrument 43-101. About Laurion Mineral Exploration Inc. The corporation is a junior mineral exploration and development company. Laurion's emphasis is on the development of its flagship project, the 100-per-cent-owned, mid-stage, 47-square-kilometre Ishkoday project. The mineralization on Ishkoday is open at depth beyond the current core drilling limit of minus 200 metres from surface, based on historical mining to a minus-685-metre depth, in the past-producing Sturgeon River mine. The Brenbar property, which was acquired in 2020 and is contiguous with the Ishkoday property, hosts the historical Brenbar mine. Laurion believes the mineralization to be a direct extension of mineralization from the Ishkoday property. We seek Safe Harbor. © 2022 Canjex Publishi
