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Laurion Mineral Exploration ( (TSE:LME) ) has provided an announcement.
Laurion Mineral Exploration reported high‑grade gold, silver and zinc assay results from the first two diamond drill holes of its latest program at the A‑Zone/McLeod/CRK Zone within the Ishkōday Project in northwestern Ontario, including intercepts such as 3.5 metres at 1.40 g/t gold and 2.30% zinc and 4.5 metres at 2.00 g/t gold with significant silver and zinc credits. The intersections in holes LBX25‑095 and LBX25‑096, which confirm mineralization along a structurally controlled corridor previously indicated by both historic and modern drilling, strengthen the geological model of a continuous gold‑zinc system at Ishkōday and support Laurion’s confidence that its targeting strategy is effectively building scale and continuity, with potential implications for the project’s future resource definition and the company’s positioning in the gold‑base metals exploration space.
The most recent analyst rating on (TSE:LME) stock is a Hold with a C$0.26 price target. To see the full list of analyst forecasts on Laurion Mineral Exploration stock, see the TSE:LME Stock Forecast page.
Spark’s Take on TSE:LME Stock
According to Spark, TipRanks’ AI Analyst, TSE:LME is a Neutral.
The score is held down primarily by weak financial performance (no revenue, recurring losses, and ongoing cash burn) and bearish technicals (below key moving averages with negative MACD). Offsetting this, recent corporate events are constructive—drill results and fresh flow-through funding to advance the 2026 program—while valuation support is limited due to a negative P/E and no dividend.
To see Spark’s full report on TSE:LME stock, click here.
More about Laurion Mineral Exploration
Laurion Mineral Exploration Inc. is a Canadian mining exploration company focused on advancing its Ishkōday Project in the Beardmore–Geraldton Greenstone Belt of northwestern Ontario. The company targets structurally controlled gold and base metal systems, particularly gold, silver, zinc and copper, with an emphasis on defining mineralized corridors that can support future resource development.
Average Trading Volume: 83,394
Technical Sentiment Signal: Sell
Current Market Cap: C$78.12M
See more data about LME stock on TipRanks’ Stock Analysis page.