Laurion Mineral Exploration Inc. (TSX VENTURE:LME)(OTCQX:LMEFF) has announced RC drill results for holes BMG-21 through BMG-30 from the Company's 56 hole drill program at its 100% owned Bell Mountain Project located in Churchill County, Nevada.
Highlights from these 10 drill holes include 15.4 metres grading 2.39 g/t gold and 23.9 g/t silver in drill hole BMG-22 and 30.48 metres grading 0.62 g/t gold and 12.1 g/t silver, including 4.57 metres grading 2.61 g/t gold and 37.8 g/t silver in drill hole BMG-28.
Drill holes BMG-21, 23, 25, 27, and 29 were drilled in the Eastern portion of the Varga resource area, from South to North. These drill holes indicate that mineralization persists East of the historic drill holes. The body of mineralization narrows but is continuous and confirms similar encouraging grades indicated in the historic drill holes.
Drill holes BMG-22, 24, 26 and 28 were drilled in the Southwestern portion of the main Varga zone. These holes indicate that mineralization extends to the West with continued positive grades. Hole BMG-22 is located in the West-Northwest trending fault zone that separates the Varga deposit into two sections (the "Varga Split"). This West-Northwest trending fault zone intersected a very high grade interval. Holes BMG- 19 and 20, which are located in this same fault zone, intersected 7.62 metres of 0.61 g/t Gold and 9.8 g/t Silver; 3.05 metres of 0.36 g/t Gold and 4.4 g/t Silver; and 10.67 metres of 0.44 g/t Gold and 8.6 g/t Silver. (See press release dated November 23, 2010)
The encouraging grades in the drill holes of the main Varga mineralized zone indicate that the Varga zone persists but narrows to the East. In the Western portion of the main Varga zone, the drill holes display good continuity. In the fault zone which separates the main Varga zone from the Western Varga mineralized zone, the width and distribution of the mineralized intervals coincides generally with those predicted from the interpretation of drill hole logs and cross sections.
"Assay results from BMG-21 through BMG-30 are most encouraging and continue to confirm the continuity of mineralization indicated in historic drilling," commented Cynthia Le Sueur - Aquin, President and Chief Executive Officer of Laurion Mineral Exploration Inc. "Drilling below and lateral to the older phases of drilling is successfully expanding the known resource down dip laterally into areas with few historic drill holes."
Qualified Person
The technical information contained in this news release has been verified by Mr. Dana C. Durgin (MSc, P.Geo), Laurion's Exploration Manager, and Mr. Douglas R. Wood (MSc, P.Geo), are the Qualified Persons responsible for the scientific and technical work (as defined under National Instrument 43-101) discussed in this press release, and have reviewed this press release.
Source: Laurion Mineral Exploration Inc.