Laurion Mineral Exploration CEO Cynthia Le Sueur-Aquin: Ishkoday Is the Perfect Project to Expand | Summary and Q&A
TL;DR
Cynthia Looser, CEO and President of Lori On Mineral Exploration, discusses the company's flagship property, the Ishka Day, and its potential for high-grade gold production.
Key Insights
- ✋ Lori On Mineral Exploration has developed the Ishka Day property into its flagship project, focusing on high-grade gold production.
- ✋ The property has historical high-grade gold producers, the Greenbar Mine and the Sturgeon Mine.
- 🏝️ The company has a substantial land base and database of drilling and sampling.
- 👋 The Ishka Day property is located in a favorable greenstone belt with good accessibility and outcrop exposure.
- 👻 Lori On Mineral Exploration is well-funded and has a stable shareholder base, allowing for future development and potential partnerships.
- 🌱 The company plans to conduct a large-scale drilling program to rapidly expand its resources.
- 💵 The gold market is experiencing unique changes, with money flowing from larger banks to high-net-worth individuals and families.
Transcript
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Questions & Answers
Q: How did Lori On Mineral Exploration acquire the Ishka Day property?
Cynthia Looser acquired the Ishka Day property in 2008, selling some other projects to focus on developing it as the flagship property.
Q: What is the mineralization like on the Ishka Day property?
The property has high-grade gold stockworks and gold in base metal zones, with access to substantial outcrop exposure.
Q: Where is the Ishka Day property located?
The property is located in the Element Township Greenstone Belt, 220 kilometers northeast of Thunder Bay, with good accessibility via Highway 11.
Q: What are Lori On Mineral Exploration's plans for the future?
The company plans to commence a 100,000 meter drill program in 2020 to expand resources and aims to go into production within the next three to four years.
Summary & Key Takeaways
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Cynthia Looser has been involved with Lori On Mineral Exploration since 2003 and became CEO in 2008.
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The company's flagship property is the Ishka Day, which has a substantial land base and a database of drilling and sampling.
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The property has high-grade gold producers and is located in the Element Township Greenstone Belt.