Laurion Mineral Exploration Inc. (TSX VENTURE:LME)(OTCBB:LMEFF) announces the completion of the first ten holes of the Company's 2010 planned reverse circulation drilling program on Bell Mountain project, Churchill County, Nevada, USA.
The 2010 drilling program is expected to consist of 52 holes ranging in depth from 100 feet to 350 feet for a total of approximately 11,600 feet. Laurion anticipates adding a second drill rig in order to expedite the current drill program.
The RC track mounted drill rig is drilling both in-fill and resource expansion holes. Drilling, which is proceeding West to East along the northwest portion of the Varga mineralized zone, is achieving approximately 300 feet of penetration per shift. Drill holes are intercepting variably strong white stockwork quartz veining (sometimes banded, sometimes vuggy), often cutting a variably intense glassy quartz micro-veinlet stockwork and local hydrothermal brecciation. These intercepts are similar to areas observed from surface and from sectional drawings compiled by Bell Mountain's previous operator, N.A. Degerstrom, Inc. The rocks in the vicinity of the stockwork veining are generally broken and strongly silicified. These intervals appear to be mineralized.
"Hole 10 of the RC drill program had a planned depth of 250 feet, however the hole was extended for an additional 50 feet as it was apparent that the quartz vein stockwork persisted beyond the planned depth. Laurion expects to complete several drill holes on both the southwest and southeast side of the Varga Zone. The Varga and the Spurr zones have the best potential to increase gold-silver resources in order to generate a NI 43-101 compliant resource and reserve estimate," commented Cynthia Le Sueur-Aquin, President of Laurion Mineral Exploration Inc.
To date, a total of 211 samples from the RC drill program have been shipped to American Assay Laboratories in Sparks, Nevada.
The technical information contained in this news release has been verified by Dana Durgin (MSc, P.Geo), consulting geologist with and project manager for Laurion's Bell Mountain project and is a Qualified Person as defined in "National Instrument 43-101, Standards of Disclosure for Mineral Properties."
Source: Laurion Mineral Exploration Inc.