Laurion Announces Director Resignation

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LAURION ANNOUNCES DIRECTOR RESIGNATION

TORONTO, ONTARIO ( September 29 , 2023) - LAURION Mineral Exploration Inc. (TSX.V:

LME) and (OTCPINK: LMEFF) (“LAURION” or the “Corporation”) announces that Nick

Ierfino has resigned as a director of the Corporation, effective September 30, 2023, and

the Corporation’s board of directors (the “ Board”) has accepted his resignation.

Cynthia Le Sueur –Aquin, President and Chief Executive Officer of the Corporation,

commented: “We are so grateful for Nick’s time, commitment and valuable

contributions to LAURION since joining the Board in February 2020. His dedicated service

has facilitated LAURION’s advancement and development over the past several years.

Among other things, Nick will be greatly missed for his large contribution s to the

Corporation’s Audit and Compensation Committees . It goes without saying that we

wish him every success in his future endeavours.”

About LAURION Mineral Exploration Inc.

The Corporation is a junior mineral exploration and development company listed on the

TSX Venture Exchange under the symbol LME and on the OTC under the symbol LMEFF.

LAURION now has 257,948,737 outstanding shares of which approximately 80% 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 47 km 2 Ishkoday Project, and its gold -rich polymetallic

mineralization.

LAURION’s chief priority remains maximizing shareholder value while simultaneously

embracing and considering the principles and best practices of environmental, social,

and corporate governance (ESG) issues. A large portion of the Corporation ’s focus in

this regard falls within the ambit of its mineral exploration activities and more

specifically, advancing the Ishkoday Project.

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

Website: http://www.LAURION .ca

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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, and

management's objectives, strategies, beliefs an d in tentions. 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 includin g as a result of

a change in the trading price of the common shares of LAURION, the interpretation and actual results of

current and future 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 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 app licable law, the Corporation disclaims any

obligation to update these forward-looking statements.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of

the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. No stock

exchange, securities commission or other regulatory authority has approved or disapproved the

information contained herein.