Listing (TSXV = LO Frankfurt = LE2A)
ROUYN-NORANDA, QC, April 24 /CNW Telbec/ - LOUNOR EXPLORATION INC. is
pleased to announce the acquisition of twenty-four (24) mineral units package
situated in Marriott Township in the Larder-Lake Mining Division, District of
Cochrane, Province of Ontario.
Lounor will issue 300,000 common shares to acquire a 100% interest in the
mining property. The Property is not subject to a royalty payment. The
acquisition is subject to regulatory approval.
The Marriott property is located a few kilometres east of the Holt
McDermott Mine in the famous Timmins mining camp. Lounor is already conducting
an exploration program on the Harker and Tiger properties located in the
Matheson area. Lounor decided to acquire the Marriott property on the basis of
a new geological interpretation. Recently Explor Resources released a high
grade gold discovery in the Marriott Township (Press Release dated March 24,
About Lounor Exploration
Lounor Exploration Inc. is a Canadian-based natural resources company
with mineral holdings in Ontario and Quebec and is currently focused on
exploration in the Abitibi Greenstone Belt. The belt is found in both
provinces of Ontario and Quebec with approximately 33% in Ontario and 67% in
Quebec. The Belt has produced in excess of 180,000,000 ounces of gold,
450,000,000 tonnes of base metal ore over the last 100 years. The Company is
headquartered in Quebec.
LOUNOR EXPLORATION INC. is a publicly traded company on the TSX-Venture
(TSXV-LO) and on the Frankfurt Exchange (LE2A).
This press release was prepared by LOUNOR EXPLORATION INC. and the TSX
Venture has not reviewed and does not accept responsibility for the
adequacy or accuracy of this release.
For further information:
For further information: Mr. Gilles Fiset, President, 1-800-388-8668,
(819) 797-8668, Fax: (819) 797-6050, firstname.lastname@example.org; Leo Patry,
Investor Relations, 1-888-974-1276, (514) 951-0250, email@example.com;