LAURION Launches 1,700-Metre Follow-Up Drill Program to Delineate and Expand Near-Surface Gold and Base-Metal Zones at Ishkōday
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LAURION Launches 1,700-Metre Follow-Up Drill Program to Delineate
and Expand Near-Surface Gold and Base-Metal Zones at Ishkōday
Toronto, Ontario – October 28, 2025 – LAURION Mineral Exploration Inc. (TSX.V: LME | OTC:
LMEFF I FSE: 5YD ) (“LAURION” or the “Corporation is pleased to announce the
commencement of a focused 1,700 -metre diamond drill program at its 100% -owned
Ishkōday Project, located approximately 220 kilometres northeast of Thunder Bay, near
Greenstone, Ontario.
This focused program is designed to follow up on previously reported gold - and base
metal-bearing zones Au-(Ag-Zn-Cu) intersected east of the Ishkōday Project, within the
A-Zone and McLeod Zones. These near-surface zones represent compelling opportunities
within the broader Ishkōday system and complement ongoing objectives towards better
definition across the 6.0 km by 2.5 km corridor.
Highlights from Previously Reported Drill Programs
The following intersections, selected for context, collectively demonstrate the presence
of a broader and continuous gold and base metal mineralization corridor across the
eastern Ishkōday Project mineral system.
Gold Intercepts (Previously Reported):
• LBX20-002: 125.90 m to 128.52 m — 2.62 m @ 11.98 g/t Au
• LBX12-010: 46.16 m to 59.00 m — 12.84 m @ 3.31 g/t Au
• LBX21-047: 160.00 m to 164.00 m — 4.00 m @ 2.53 g/t Au
• LBX22-065: 175.30 m to 178.10 m — 2.80 m @ 2.12 g/t Au
• LBX22-089: 72.00 m to 73.05 m — 1.05 m @ 5.91 g/t Au
• LBX12-006: 138.80 m to 140.05 m — 1.25 m @ 4.24 g/t Au
• LBX12-008: 64.00 m to 64.50 m — 0.50 m @ 7.13 g/t Au
Gold-Base Metal Intercepts (Previously Reported):
• LBX20-001: 116.96 m to 141.50 m — 24.54 m @ 0.67 g/t Au, 6.40 g/t Ag and 1.50 % Zn
• LBX20-003: 130.85 m to 194.78 m — 63.93 m @ 0.58 g/t Au, 6.10 g/t Ag and 1.92 % Zn
• LBX20-005: 212.27 m to 213.67 m — 1.40 m @ 5.93 g/t Au, 97 g/t Ag and 8.42 % Zn
• LBX20-006: 81.38 m to 92.20 m — 10.82 m @ 0.65 g/t Au, 3.89 g/t Ag and 1.09 % Zn
(including 1.25 m @ 1.43 g/t Au and 5.30 % Zn)
• LBX20-010: 67.10 m to 67.80 m — 0.70 m @ 15.6 g/t Au, 73 g/t Ag and 14.5 % Zn
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Channel samples include 7.50 m @ 0.90 g/t Au, 35 g/t Ag, 0.53 % Cu; and 5.71 % Zn and
1.11 m @ 4.97 g/t Au, 8.00 g/t Ag and 1.35 % Zn- 445496E 5512267N.
All technical results referenced below have been disclosed in prior LAURION news releases available on
www.laurion.ca and on SEDAR+. Please refer to press releases dated 24 September 2019, 18 October
2019, 25 October 2019, 29 May 2020, 24 June 2020 and 15 July, 2022
The A-Zone and McLeod Zone remain under-explored areas, hosting consistent gold and
zinc-rich mineralization within sheared, sulphide rich and quartz -veined volcanic
sequences. Together with the Sturgeon River Mine and Brenbar corridors, these areas
define a 6.0 km by 2.5 km kilometre-long structural trend that remains open at depth.
“This is an exciting, unanticipated addition to our 2025 exploration plans ,” said Cynthia
Le Sueur -Aquin, President & CEO of LAURION . “While our principal focus remains the
Sturgeon River Mine and Brenbar corridors, this targeted program also reflects the
growing importance of the A-Zone and McLeod Zone in shaping Ishkõday Project’s near-
surface gold and base metal potential. Building upon current technical input of our
evolving 3D model, we’re laying the groundwork for future resource definition and
valuation growth across multiple zones.”
Next Steps and 2026 Exploration Objectives
Drilling under the current 1,700-metre follow-up program is scheduled to commence in
late October 2025, with assay results released as will be received. All data will be
incorporated into LAURION’s evolving 3D geological model to refine targeting across
the A-Zone, McLeod Zone, and Sturgeon River Mine and Brenbar areas.
Looking ahead to 2026, LAURION plans an expanded 7,000 – 10,000 metre multi-phase
drill campaign with objectives to advance near-surface resource definition, drill deeper
extensions beneath the Sturgeon River and Brenbar mine as areas, the east side of the
Ishkōday Project and expand structural and geochemical coverage.
This next-phase campaign will provide the technical foundation for LAURION’s future
resource-growth and valuation-enhancement strategy is designed to leverage and
position the Ishkōday Project for future resource definition and development milestones.
Qualified Person
The technical contents of this release were reviewed and approved by Jean-Philippe
Paiement, PGeo, MSc, a consultant to LAURION and a Qualified Person as defined by
National Instrument 43-101 – Standards of Disclosure for Mineral Projects.
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About LAURION Mineral Exploration Inc.
The Corporation is a mid -stage junior mineral exploration and development company
listed on the TSXV under the symbol LME and on the OTCPINK under the symbol LMEFF.
LAURION now has 274,097,283 outstanding shares, of which approximately 73.6% are
owned and controlled by insiders who are eligible investors under the “Friends and
Family” categories.
LAURION's emphasis is on the exploration and development of its flagship project, the
100% owned mid- stage 57 km2 Ishkõday Project, and its gold -rich Base Metal
mineralization.
LAURION’s chief priority remains maximizing shareholder value. A large portion of the
Corporation’s focus in this regard falls within the scope of its mineral exploration activities
and more specifically, advancing the Ishkõday Project. A consequence of LA URION’s
success and advancement over the past several years is that the Corporation has
become positioned as an acquisition target for appropriate potential acquirors.
Accordingly, the Corporation’s Board of Directors is aware that possible strategic
alternatives and transactional opportunities may arise and/or could be procured in the
short or medium terms. The Corporation will promptly issue a press release if any material
change occurs.
FOR FURTHER INFORMATION, CONTACT:
LAURION Mineral Exploration Inc.
Cynthia Le Sueur-Aquin – President and CEO
Tel: 1-705-788-9186 Fax: 1-705-805-9256
Douglas Vass - Investor Relations Consultant
Email: [email protected]
Website: http://www.LAURION.ca
Follow us on: X (@LAURION_LME), Instagram (laurionmineral) and LinkedIn
(https://www.linkedin.com/in/cynthia-le-sueur-aquin-laurion-lme-04b03017/)
Caution Regarding Forward-Looking Information
This press release contains forward-looking statements, which reflect the Corporation’s current expectations
regarding future events including with respect to LAURION's business, operations and condition,
management's objectives, strategies, beliefs and intentions, the Corporation’s ability to advance the
Ishkõday Project, the nature, focus, timing and potential results of the Corporation’s exploration, drilling and
prospecting activities in 2025 and beyond, including the Corporation’s 1,700- metre follow-up program and
planned expanded 7,000 – 10,000 metre multi-phase drill campaign, both as described in this press release,
and the Corporation’s other planned activities for the Ishkõday Project for the remainder of 2025 and for
2026, the Corporation’s future resource -growth and valuation -enhancement strategy, and the statements
regarding the Corporation’s exploration or consideration of any possible strategic alternatives and
transactional opportunities (including, without limitation, the Corporation’s engagement of third party
advisors to explore any such potential alternatives and opportunities), as well as the potential outcome(s) of
this process, the possible impact of any potential transactions referenced herein on the Corporation or any
of its stakeholders, and the ability of the Corporation to identify and complete any potential acquisitions,
mergers, financings or other transactions referenced herein, and the timing of any such transactions. The
forward-looking statements involve risks and uncertainties. Actual events and future results, performance or
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achievements expressed or implied by such forward -looking statements could differ materially from those
projected herein including as a result of a change in the trading price of the common shares of LAURION,
the TSX Venture Exchange or any other applicabl e regulator not providing its approval for any strategic
alternatives or transactional opportunities, the interpretation and actual results of current exploration
activities, changes in project parameters as plans continue to be refined, future prices of g old and/or other
metals, possible variations in grade or recovery rates, failure of equipment or processes to operate as
anticipated, the failure of contracted parties to perform, labor disputes and other risks of the mining industry,
delays in obtaining governmental approvals or financing or in the completion of exploration, as well as those
factors disclosed in the Corporation’s publicly filed documents. Investors should consult the Corporation’s
ongoing quarterly and annual filings, as well as any other additional documentation comprising the
Corporation’s public disclosure record, for additional information on risks and uncertainties relating to these
forward-looking statements. The reader is cautioned not to rely on these forward-looking statements. Subject
to applicable law, the Corporation disclaims any obligation to update these forward-looking statements. All
sample values are from grab samples and channel samples, which by their nature, are not necessarily
representative of overall grades of mineral ized areas. Readers are cautioned to not place undue reliance
on the assay values reported in this press release.
NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICE PROVIDER (AS THAT TERM IS DEFINED IN
THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY
OF THE CONTENT OF THIS NEWS RELEASE.