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Laurion Mineral's main focus is to make the transition from explorer to near term producer. The stated vision for the Corporation is to realize wealth thorough monetization of discoveries and assets. The company has a primary focus on gold and a secondary focus on base metals and platinum group element deposits ("PGEs"). [Source: September 30, 2010 MD&A Filing]
The Laurion Mineral Exploration Inc. website is at www.laurion.ca.
Information Links: Yahoo News and Quotes | Yahoo Message Board | StockCharts | Canadian Insider Trading
This report is based on NI 43-101 resource and reserve disclosures and fully diluted share counts available on 2011-05-05.
The GoldMinerPulse metrics, presented below in table format, are based on all projects and all in situ metals and are updated daily with closing market prices.
| General Metric | Value on 2013-06-17 |
|---|---|
| In Situ Metal Value per Share (MVpSh) | US$4.08 |
| Average Ore Value per Tonne | US$34.68 |
| Metal Value Leverage (MVL) | -no stock price- |
| Market Capitalization as a Percentage of Metal Value | - price unavailable |
| Recent Closing Stock Price | C$ [note 1] |
| Fully Diluted Share Count | 100.27 M [note 2] |
| Percentage In Situ Proven + Probable Reserve | 0% |
| Percentage In Situ Measured + Indicated Resource | 85% |
| Percentage In Situ Inferred Resource | 15% |
| Metric | Value on 2013-06-17 |
|---|---|
| Gold Reserves + Resources | 194.61 K oz |
| Average Gold Ore Grade | 0.5 g/t |
| Market Capitalization per oz of Gold In Situ | US$0.00 ( C$0.00 ) |
| Gold Equivalent Ounces Estimate | 295.78 K oz |
| Market Capitalization per oz of Gold Equivalent | US$0.00 ( C$0.00 ) |
| Metric | Value on 2013-06-17 |
|---|---|
| Silver Reserves + Resources | 6.40 M oz |
| Average Silver Ore Grade | 16.9 g/t |
| Market Capitalization per oz of Silver In Situ | US$0.00 ( C$0.00 ) |
| Silver Equivalent Ounces Estimate | 18.72 M oz |
| Market Capitalization per oz of Silver Equivalent | US$0.00 ( C$0.00 ) |
Note 1: Conversion rate used: 1 Cnd$ = 0.982273 US$
Note 2: Fully diluted share count estimate was taken from Share Structure webpage viewed July 2011 plus the additonal shares and warrants from the June, 2011 financing.
All metal counts in this section are based on the combined Proven + Probable reserves plus the Measured + Indicated and Inferred resources.
| Metric / Metal | Gold | Silver | ||
|---|---|---|---|---|
| Total Counts (reserves + resources) | 194.61 K oz | 6.40 M oz | ||
| Metal Prices in US$ (from 2013-06-17) | $1,384.50 / oz | $21.87 / oz | ||
| Metal Value per Share (MVpSh) Shown in US$. Based on fully diluted share count | $2.69 | $1.40 | ||
| Percentage of Total Metal Value | 65.79% | 34.21% | ||
| Metal Value Percentage Proven + Probable | 0% | 0% | ||
| Metal Value Percentage Measured + Indicated | 85% | 86% | ||
| Metal Value Percentage Inferred | 15% | 14% | ||
The above metal value totals derive from the following projects.
| Project | Location | Metal Value per share (% total) | Average Ore Value US$/t | Gold | Silver | PP% | MI% | I% |
|---|---|---|---|---|---|---|---|---|
| Bell Mountain | Nevada, USA | $4.08 ( 100.0% ) | US$34.68 | 194.61 K oz | 6.40 M oz | 0 | 85% | 15% |
| Sturgeon River | Ontario, Canada | $0.00 ( 0.0% ) | 0 | 0 | 0 |
PP%: percentage of metal value from Proven + Probable reserves
MI%: percentage of metal value from Measured + Indicated resources
I%: percentage of metal value from Inferred resources
Note: percentages may no add to 100% due to rounding errors
The Bell Mountain property lies in the southeastern part of Churchill County in west-central Nevada (USA). It is located approximately 70 kilometers southeast of Fallon on highway 50 (Lincoln Highway). The project site is located at the north end of Bell Flat and is approximately 6 miles southeast of the Fairview Mining District. [Source: Laurion Minerals Bell Mountain webpage (viewed April 2011)]
Latest NI43-101 Report: NI 43-101 TECHNICAL REPORT FOR THE BELL
MOUNTAIN PROJECT, CHURCHILL COUNTY,
NEVADA
2011-05-03 (134 pages).
Updates: See Laurion Reports Initial NI43‐101 Mineral Resource Estimate of 9,761,000 Tonnes Hosting Measured & Indicated Resource of 165,018 Oz Gold and 5,533,907 Oz Silver (265,635 Oz AuEQ) at Bell Mountain news release, April 6, 2011, more
Project Location: Nevada, USA. View project on a Google Map.
Average Ore Value (all estimate types): US$34.68
Measured + Indicated
| Metal | MVpSh | Contained Metal Quantity | Ore Grade | Ore Quantity |
|---|---|---|---|---|
| Gold | $2.28 | 165.07 K oz | 0.526 g/t | 9.76 M t |
| Silver | $1.21 | 5.53 M oz | 17.630 g/t | 9.76 M t |
Estimate notes: See Table 1 - Global Bell Mountain Resource Estimate, April 6, 2011 news release.
Mineral Resources are estimated at a pit discard cutoff Grade at 0.192 g/t AuEQ
Inferred
| Metal | MVpSh | Contained Metal Quantity | Ore Grade | Ore Quantity |
|---|---|---|---|---|
| Gold | $0.41 | 29.54 K oz | 0.449 g/t | 2.05 M t |
| Silver | $0.19 | 872.25 K oz | 13.260 g/t | 2.05 M t |
Estimate notes: See Measured + Indicated note.
The Sturgeon River Property is located in the Thunder Bay Mining Division in Irwin, Pifher, Walters, and Elmhirst Township, and is situated approximately 21 km northeast of the town of Beardmore, Ontario. The property is comprised of 35 contiguous mining claims leases totalling 656.8 Ha. The patented surface and mining rights and mining rights only claims are registered 100% to Laurion. [Source: Laurion Minerals Sturgeon River Mine webpage (viewed April 2011) ]
Latest NI43-101 Report:
(0 pages).
Project Location: Ontario, Canada.