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Building Momentum: LAURION Provides Corporate and Strategic Update, and Outlines Exploration Roadmap

Shareholder Letters & Outlook

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Building Momentum:

LAURION Provides Corporate and Strategic Update, and Outlines

Exploration Roadmap

TORONTO, ONTARIO, April 14, 2025 – LAURION Mineral Exploration Inc. (“LAURION” or the

“Corporation”) is pleased to provide a corporate and strategic update on its Ishkõday Project,

reaffirming its strong financial position, exploration success, and the launch of a strategic

review process to evaluate future growth opportunities. This update follows presentations

made at the Corporation ’s most recent Annual and Special Meeting of Shareholders (the

“Meeting”). As previously announced in LAURION’s news release dated February 13, 2025 , a

recording of these presentations is available on the Corporation’s website at www.laurion.ca

in the “Investor Information” tab. LAURION’s Ishkõday Project, is located 220 km northeast of

Thunder Bay, in Greenstone, Ontario.

“Our vision for LAURION has always been grounded in working towards unlocking long-term

shareholder value through technical excellence, strategic discipline, and meaningful

partnerships,” said Cynthia Le Sueur-Aquin, President and CEO of LAURION. “We are extremely

proud of the momentum we’ve built at its flagship Ishkõday Project, and are confident that

our exploration program , combined with the strategic initiatives underway with US Capital

Global, positions us to accelerate value creation for all shareholders in 2025. ”

Strong Financial Position and Strategic Oversight

At the Meeting, the Corporation’s CFO, Tyler Dilney, reported that LAURION raised over $4.2

million in 2024, further supplemented by interest income generated from LAURION’s strong

cash position throughout the year. This ensures the Ishkõday Project is fully funded for the

upcoming 2025 exploration season. Ms. Le Sueur -Aquin highlighted the C orporation’s

disciplined capital management, the Twin Falls land acquisition, and track record of value

creation on Ishkõday, through responsible investor stewardship.

The Corporation also reaffirmed its commitment to e nvironmental, social and g overnance

(ESG) and Indigenous partnerships, underscored by the recent signing of an Exploration

Agreement with Animbiigoo Zaagi’igan Anishinaabek, Biinjitiwaabik Zaaging Anishinaabek,

and Bingwi Neyaashi Anishinaabek First Nations, as announced by LAURION on March 17, 2025.

Strategic Review Process with US Capital Global

Directors John Covello and Special Committee Chair Michael Burmi confirmed that LAURION,

operating from a position of financial and strategic strength, is actively engaged in a

structured process led by US Capital Global to evaluate a broad spectrum of strategic

opportunities. This includes assessing interest from potential acquirers and institutional investors

aligned with LAURION’s long-term vision.

US Capital Global, a leading private financial group, is executing a global outreach campaign

to source, screen, and engage qualified , potential strategic parties. Their role includes

managing the virtual data room, preparing investor materials, advising on transaction

structuring, and facilitating early -stage engagement with prospective partners. Leveraging a

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deep network of family offices, institutional funds, and industry specialists, US Capital Global is

driving momentum on LAURION’s behalf. For more information regarding the Corporation’s

engagement of US Capital Global, please refer to LAURION’s news release date d August 20,

2024.

The Corporation is confident that its strategic review process will uncover opportunities that

have the potential to unlock meaningful shareholder value. While there is no guarantee of a

transaction, LAURION remains committed to thoroughly evaluating all strategic alternatives.

Ishkõday: A Project of Scale and Discovery

Independent of the strategic review, LAURION continues to advance Ishkõday Project. Hosting

both early epithermal and later orogenic mineral systems, Ishkõday presents strong potential

for significant gold-bearing discoveries. The Corporation’s evolving 3D model now defines over

22 mineralized structures within a 1.8 km corridor, open at depth and along strike.

In 2023–2024, LAURION completed 7,934 metres of drilling in 17 holes targeting the Sturgeon

River Mine area and surrounding zones, delivering encouraging results, such as:

• LME23-032: 3.5 m @ 4.93 g/t Au (including 0.55 m @ 186.0 g/t Au)

• LME24-052: 5.25 m @ 3.62 g/t Au (including 0.50 m @ 68.50 g/t Au)

• LME24-047: Multiple intercepts with grades up to 25.90 g/t Au

Geophysical Surveys and 2025 Drill Program

LAURION recently completed advanced Magnetotelluric (MT) and Deep DCIP surveys with

Quantec Ge oscience. These surveys provide high -resolution resistivity and chargeability

imaging to depths of 2 km, improving the understanding of deep structures and enhancing

drill targeting. Forthcoming 2D and 3D inversions will be integrated into the Corporation ’s 3D

model to refine exploration strategies.

For 2025, LAURION is planning a 7,000 metre drill program focused on expanding mineral

potential at the Sturgeon River Mine and the underexplored Brenbar Mine, 1.8 km to the west.

Additional drilling will target the M24, M25, and 85 Zones northwest of the Sturgeon area. This

program is designed to test continuity, identify new high -grade structures, and unlock further

value across the broader Ishkõday system.

The Corporation looks forward to continuing its disciplined exploration efforts and advancing

its long-term growth strategy.

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.

About LAURION Mineral Exploration Inc.

The Corporation is a mid -stage junior mineral exploration and development company listed

on the TSX Venture Exchange under the symbol LME and on the OTCPINK under the symbol

LMEFF. LAURION now has 273,494,904 outstanding shares of which approximately 73.6% are

owned and controlled by insiders who are eligible investors under the “Friends and Family”

categories.

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LAURION's emphasis is on the exploration and development of its flagship project, the 100%

owned mid- stage 57 km 2 Ishkõday Project, and its gold- rich polymetallic 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 LAURION’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. T he Corporation will promptly issue a press release if any material change

occurs. In the meanwhile, LAURION will continue to work towards advancing the Ishkõday

Project while exploring opportunities and potential transactions that are strategically

beneficial to the Corporation and its shareholders.

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 in tentions, 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 planned

activities fo r the Ishkõday Project for the remainder of 2025, and the statements regarding the

Corporation’s strategic review process and the potential outcome of this strategic review process, and

the Corporation’s engagement of the above -referenced financial advisory firm, approval of any

transactions resulting from the strategic review 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 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 applicable regulator not providing its approval for any of the potential transactions referenced

herein, the interpretation and actual results of current exploration activities, changes in project

parameters as plans continue to be refined, future prices of gold and/or other metals, possible variations

in grade or recovery rates, failure of equipment or processes to operate as 5 anticipated, the failure of

contracted parties to perform, labor disputes and other risks of the mining industry, delays in obtaining

governmental appr ovals 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 docum entation 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 mineralized areas. Read ers 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 RESPONSIB ILITY FOR THE ADEQUACY OR

ACCURACY OF THE CONTENT OF THIS NEWS RELEASE.