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Laurion Announces Fourth New Polymetallic Discovery Linked to Sulphide, Oxide-Sulphide and Quartz Veins from Trench #36 of the Main Crk Zone at the Ishkoday Project

Drill Results

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LAURION ANNOUNCES FOURTH NEW POLYMETALLIC DISCOVERY LINKED TO SULPHIDE,

OXIDE-SULPHIDE AND QUARTZ VEINS FROM TRENCH #36 OF THE

MAIN CRK ZONE AT THE ISHKODAY PROJECT

 Yielding up to 2.62m @ 0.84 g/t gold, 2.50 g/t silver, 5.23% zinc, containing a higher grade

portion of 4.50 g/t gold, 13.10 g/t silver, 20.40% zinc over 0.30m, in a Sulphide Vein

 3.02m of 1.19 g/t gold, 2.30 g/t silver, with a higher grade portion of 9.14 g/t gold, 16.30

g/t silver over 0.27m, in a section of the “A-2” Quartz Vein

 The known length of the gold and base metal mineralization from the contiguous

previously issued results of #56 -65 Trenches and the current Trench #36 extend for a

minimum 350m in a NE-SW trend

THIS NEWS RELEASE IS INTENDED FOR DISTRIBUTION IN CANADA ONLY AND IS NOT INTENDED FOR

DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES.

TORONTO. ONTARIO (October 29, 2019) - Laurion Mineral Exploration Inc. (TSX-V: LME; OTCPINK:

LMEFF) (“LAURION” or the “Corporation”) is pleased to issue new assay results (the “Results”) from

channel sampling at the newly discovered sulphide (consisting of sphalerite, chalcopyrite and

pyrite), magnetite-chlorite-actinolite-sulphide (“Oxide-Sulphide”) and quartz veins in the central

CRK Zone main segment (“ Trench #36”) (Figures 1 and 2) at the Corporation’s wholly -owned

Ishkoday Project (“ Ishkoday”), located 220 km northeast of Thunder Bay, Ontario. The Oxide -

Sulphide Veins are late 030° -045° trending shears, post -dating the earlier 320°-020° trending

Sulphide and 000°-045° trending Quartz Veins found elsewhere on Ishkoday, and especially here

in Trench #36 (Main Trench).

Individual and composite interval channel samples assay results greater than 1 g/t gold and/or

greater than 1% z inc from the new 190m by 20m Trench #36 are summarized in Table 1 below

and in Figure 3. These new results build on the previously released results elsewhere in the CRK

Target zone (refer to the Corporation’s news releases of September 12, September 24, October

18 and October 25, 2019):

 The 120m long by 10-15m wide #56-65 Trenches also features continuous Oxide-Sulphide

veins. In addition, the “A-2” Quartz Vein, is contiguous to the NE of Trench #36, giving a

full length of 310m to the gold and base metal mineralization. The #56-65 Trenches yielded

3.25m @ 1.44 g/t gold, 6.37 g/t silver, 2.42% zinc, 0.08% copper, 0.01% lead and 1.37m @

1.39 g/t gold, 9.84 g/t silver, 3.68% zinc, 0.10% copper, 0.04% lead, in Oxide-Sulphide Veins;

and 0.76m @ 13.85 g/t gold, 5.20 g/t silver in the “A-2” Quartz Vein;

Page | 2

 Channel sample assay results from the SW Segment (Trench #39) is located 100m SE of

Trench #36, and yielded up to 1.11m @ 4.97 g/t gold, 8.00 g/t silver, 1.35% zinc, 0.20%

copper, 0.04% lead, 1.06m @ 0.18 g/t gold, 45.69 g/t silver, 25.00% zinc, 0.03% copper,

6.21% lead; and 1.55m @ 0.72 g/t gold, 5.10 g/t silver, 2.19% zinc, 0.08% copper, 0.24%

lead;

 Trench #36 is also located 75m NE of the SW Segment (Trench #37) which yielded up to

1.00m @ 9.66 g/t gold, 14.6 g/t silver, 2.09% zinc, 0.30% copper in a single sample, and a

composite interval of two samples giving 1.78m @ 4.34 g/t gold, 27.02 g/t silver, 4.27%

zinc, 0.28% copper; and

 Channel samples assay results from the Azurite Segment Trench #34 are located 200m

due NW of the Trench #36, and yielded up to 7.50m @ 0.90 g/t gold, 35.26 g/t silver, 5.71%

zinc, 0.53% copper.

Pending channel assay results from the remaining 400m by 400m central portion of the CRK Zone

Sulphide, Oxide-Sulphide and Quartz veins are expected later in the Q4 -2019, and include the

CRK West (Trenches #32-62) and SE (Trench #54) segments.

Refer to maps on LAURION’s website and Trench #36 (Figures 1, 2 and 3) using the following link:

http://www.laurion.org/ishkoday-project/highlights/2019-field-exploration-program/

Table 1: Individual and composite interval channel sample assay results greater than 1 g/t gold

and/or greater than 1% zinc from the new 190m by 20m Trench #36.

SAMPLE

NUMBERS

CHANNEL

SAMPLE

LENGTHS1

(m)

AZIMUTH

(°)

ROCK

TYPES

GOLD

(g/t)

SILVER

(g/t)

ZINC

(%)

COPPER

(%)

LEAD

(%)

867499 0.31 112 MAGSV 1.15 2.80 2.16 0.03 0.01

867520 0.35 308 MAGSV 0.91 19.30 3.74 0.48 0.01

867539 0.50 135 MAGSV 0.08 1.60 4.42 0.02 0.01

867554 0.87 318 MAGSV 0.32 1.90 4.99 0.04 0.01

867556 0.58 313 MAGSV 0.29 3.40 5.59 0.05 0.01

1.45m @ 0.31 g/t gold, 2.50 g/t silver, 5.23% zinc, 0.05% copper, 0.01% lead

867567 0.51 114 MAGSV 4.33 16.60 3.68 0.26 0.02

867569 0.92 128 DIO 1.00 6.90 0.10 0.18 0.04

867582 0.66 146 MAGSV 1.60 3.50 9.60 0.06 0.01

867584 0.39 143 MAGSV 0.20 2.30 7.36 0.03 0.00

867598 0.48 310 MAGSV 0.24 2.70 6.51 0.03 0.02

867601 0.42 141 MAGSV 1.89 15.90 2.74 0.16 0.06

867618 0.43 96 MAGSV 1.64 11.20 1.23 0.34 0.01

867626 0.42 320 MAGSV 0.65 3.90 3.49 0.07 0.00

867647 0.31 132 MAGSV 0.08 2.10 1.65 0.07 0.00

867649 0.71 137 MAGSV 0.64 5.40 2.35 0.26 0.00

867664 0.28 302 MAGSV 0.39 4.50 1.42 0.17 0.00

867726 0.69 135.5 MAGSV 0.02 0.60 1.23 0.01 0.01

867727 0.74 136.5 MAGSV 1.27 2.40 0.36 0.04 0.01

867728 0.44 142.5 MAGSV 1.26 3.60 3.05 0.08 0.02

867733 0.76 153.5 MAGSV 0.44 1.80 2.10 0.06 0.00

869811 0.74 312 SV 0.17 2.20 6.31 0.01 0.01

869812 0.76 121 SV 0.79 3.10 5.40 0.03 0.05

869813 0.30 302 SV 4.50 13.10 20.40 0.03 0.43

869814 0.82 302 SV 0.14 1.90 7.26 0.01 0.02

2.62m @ 0.84 g/t gold, 3.62 g/t silver, 7.96% zinc, 0.02% copper, 0.07% lead

Page | 3

SAMPLE

NUMBERS

CHANNEL

SAMPLE

LENGTHS1

(m)

AZIMUTH

(°)

ROCK

TYPES

GOLD

(g/t)

SILVER

(g/t)

ZINC

(%)

COPPER

(%)

LEAD

(%)

869826 0.72 305 MAGSV 0.03 1.30 2.07 0.00 0.02

869827 0.65 302 SV 1.55 5.30 24.60 0.08 0.01

869828 0.45 123 MAGSV 0.05 1.70 0.42 0.01 0.01

869829 0.80 126 MAGSV 0.04 0.80 0.94 0.01 0.00

869831 0.46 126 MAGSV 0.06 2.00 3.76 0.01 0.01

3.08m @ 0.36 g/t gold, 2.18 g/t silver, 6.54% zinc, 0.02% copper, 0.01% lead

869833 0.41 298 DIO 1.03 0.25 0.01 0.00 0.00

869839 0.25 308 SV 2.24 10.00 30.00 0.07 0.02

869840 0.31 297 SV 1.85 4.50 23.40 0.06 0.00

0.56m @ 2.02 g/t gold, 6.96 g/t silver, 26.35% zinc, 0.06% copper, 0.01% lead

869848 0.67 278 MAGSV 0.35 1.60 3.40 0.03 0.01

869849 0.48 299 MAGSV 0.39 1.90 4.96 0.01 0.00

0.37m @ 0.37 g/t gold, 1.73 g/t silver, 4.05% zinc, 0.02% copper, 0.01% lead

869854 0.22 130 “A-2” QV 3.77 2.80 0.01 0.01 0.00

869863 0.59 297 MAGSV 0.65 3.50 4.19 0.08 0.00

869864 0.34 304 “A-2” QV 3.92 0.80 0.01 0.00 0.00

869865 0.29 119 MAGSV 1.58 5.80 1.90 0.12 0.00

1.22m @ 1.79 g/t gold, 3.29 g/t silver, 2.48% zinc, 0.07% copper, trace lead

869886 0.49 324 MAGSV 0.31 4.40 5.86 0.04 0.11

869888 0.43 137 MAGSV 39.90 25.20 1.43 0.16 0.01

A0060002 0.62 154 MAGSV 0.12 2.50 2.40 0.04 0.01

A0060003 0.57 139 MAGSV 0.07 3.70 4.41 0.04 0.03

A0060028 0.34 128 MAGSV 1.02 6.70 1.52 0.24 0.00

A0060064 0.41 327 “A-2” QV 1.05 4.30 0.96 0.07 0.00

A0060077 0.25 319 MAGSV 0.49 2.40 1.72 0.01 0.04

A0060078 0.17 323 MAGSV 2.09 8.60 2.13 0.13 0.01

A0060079 0.26 323 MAGSV 1.50 4.00 0.22 0.06 0.01

0.68m @ 1.30 g/t gold, 3.61 g/t silver, 1.25% zinc, 0.06% copper, 0.02% lead

A0060083 0.48 130 MAGSV 0.19 3.40 2.29 0.07 0.00

A0060084 0.78 328 MAGSV 0.56 8.20 3.63 0.24 0.01

1.26m @ 0.42 g/t gold, 6.37 g/t silver, 3.12% zinc, 0.18% copper, trace lead

A0060106 0.54 126 MAGSV 0.90 9.00 2.56 0.19 0.01

A0060107 0.63 126 MAGSV 3.32 43.00 6.38 1.17 0.01

1.17m @ 2.20 g/t gold, 27.31 g/t silver, 4.62% zinc, 0.72% copper, 0.01% lead

A0060120 0.26 318 MAGSV 1.52 7.80 1.52 0.20 0.02

A0060121 0.65 323 MAGSV 0.92 4.00 0.30 0.12 0.01

A0060122 0.39 322 MAGSV 2.91 27.00 2.57 0.82 0.00

A0060123 0.31 322 MAGSV 1.90 25.00 9.66 0.78 0.00

1.61m @ 1.69 g/t gold, 14.23 g/t silver, 2.84% zinc, 0.43% copper, trace lead

A0060134 0.45 326 MAGSV 1.20 4.80 5.02 0.10 0.01

A0060137 0.62 324 MAGSV 1.31 4.00 2.87 0.12 0.01

A0060139 0.63 329 MAGSV 0.72 7.80 2.96 0.15 0.02

A0060143 0.46 324 MAGSV 1.27 8.00 4.06 0.15 0.02

A0060145 0.51 324 MAGSV 0.66 2.70 2.30 0.04 0.02

A0060146 0.33 324 MAGSV 1.12 5.00 0.36 0.15 0.01

A0060147 1.14 309 MAGSV 0.58 8.30 1.04 0.23 0.00

A0060149 0.30 310 MAGSV 0.36 2.40 1.30 0.09 0.00

A0060165 0.44 293 MAGSV 1.51 80.00 1.48 1.61 0.00

A0060166 0.55 293 MAGSV 0.22 11.70 3.23 0.17 0.00

0.99m @ 0.79 g/t gold, 42.06 g/t silver, 2.45% zinc, 0.81% copper, trace lead

A0060173 0.36 291 MAGSV 0.16 4.20 2.14 0.08 0.00

A0060177 0.63 306 “A-2” QV 1.04 0.90 0.01 0.01 0.00

A0060188 1.08 309 MAGSV 0.45 9.20 1.21 0.08 0.01

A0060237 0.89 120 “A-2” QV 0.52 0.90 0.07 0.01 0.00

A0060238 0.88 120 “A-2” QV 0.04 0.25 0.01 0.00 0.00

A0060239 0.27 143 “A-2” QV 9.14 16.30 0.24 0.35 0.01

A0060240 0.41 143 “A-2” QV 0.79 0.90 0.03 0.01 0.00

A0060241 0.57 143 “A-2” QV 0.53 2.00 0.77 0.06 0.01

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SAMPLE

NUMBERS

CHANNEL

SAMPLE

LENGTHS1

(m)

AZIMUTH

(°)

ROCK

TYPES

GOLD

(g/t)

SILVER

(g/t)

ZINC

(%)

COPPER

(%)

LEAD

(%)

3.02m @ 1.19 g/t gold, 2.30 g/t silver, 0.19% zinc, 0.05% copper, trace lead

A0060253 0.54 104 MAGSV 6.52 5.00 4.44 0.05 0.01

A0060258 0.54 319 SV 0.64 14.50 10.85 0.01 0.55

A0060249 0.59 310 “A-2” QV 2.28 10.30 0.62 0.18 0.01

A0060286 0.68 351 MAGSV 1.27 2.20 2.96 0.05 0.00

A0060288 0.75 320 MAGSV 0.07 1.50 1.26 0.01 0.01

A0060369-P* 1.07 215 “A-2” QV 3.22 3.00 0.03 0.00 0.00

A0060374-P 1.03 215 “A-2” QV 1.36 1.40 0.01 0.01 0.00

A0060385-P 0.92 195 “A-2” QV 1.54 0.90 0.00 0.00 0.00

Note: All individual and interval assay results from the #56-65 Trenches are outlined in the appended Table 2.

Legend: DIO – Diorite host rock; QV – Quartz Vein (“A-2” Quartz Vein); MAGSV – Magnetite-Actinolite-Chlorite

Sulphide (“Oxide-Sulphide”) Vein.

1 Sample lengths represent apparent true widths, since all channel samples were taken perpendicular to the vein

orientations, with the exceptions of QV-P where channel samples were taken within and parallel to the quartz veins.

* The suffix P indicates channel sample was taken parallel and within the “A-2” Quartz Vein.

QA-QC Protocols

Samples for assay from this program are initially processed and prepared by ALS Global

Geochemistry in Thunder Bay (Ontario), with pulps sent to and analyzed by ALS Global

Analytical Lab in North Vancouver (BC), using the Fire Assay method of analysis . LAURION

employs an industry standard system of external standards , blanks a nd duplicates for all its

sampling in addition to the QA/QC protocol employed by the laboratory.

Each channel sample was individually cut using a double -bladed saw by a LAURION field

technician to lengths chosen by the senior geologists , approximately a 5 cm width and 10cm

depth. Individual samples weighed from 3 to 8kg. Each channel was sampled by LAURION field

technicians, and inserted in individual plastic bags , each with ALS sample tags , and sealed.

Metal tags with the ALS sample number were inserted at the beginning of each sample channel

cut. The field data gathered includes sample number, azimuth of the channel, channel/sample

lengths, geology and geo-reference using UTM coordinates.

Individual plastic sample bags were then returned to the LAURION f ield office where they are

catalogued and inserted in large nylon bags with s tandards, blanks and duplicates in a pre -

established sequence . The nylon bags were then sealed and transported by LAURION

technicians to the ALS facility in Thunder Bay. Ontario. Once at ALS, individual samples are again

catalogued using the bar coding system , dried, weighed, crushed, pulverized to 70% <2mm ,

and riffle-split for final pulverization to 85% <75µm. A final 50 gram pulp split is taken for Fire Assay

using Au-ICP22 gold analysis up to 10,000 ppb gold. Samples giving results beyond 10,000 ppb

gold are re-analyzed with a new 50 gram pulp split to ore grade levels using a gravimetric finish.

The Four Acid Digestion with ICP-AES Finish is used for multi-elements analysis that includes silver,

zinc, copper and lead. Zinc, copper and lead values greater than 10,000ppm are re -analyzed

using the Four Acid Overlimit Methods with results given in percent.

Page | 5

Qualified Persons

Mr. Jean Lafleur, P. Geo. (PGO, OGQ). LAURION’s VP Exploration is a Qualified Person as defined

by National Instrument 43 -101 and has reviewed and approved the technical content of this

news release.

About Laurion

The Corporation is a junior mineral exploration and development company lis ted on the TSX-V

under the symbol LME and on the OTCPINK under the symbol LMEFF. LAURION now has

168,622,044 outstanding shares of which approximately 59% are owned and controlled by

Insiders who are eligible investors under the "Friends and Family" categories.

LAURION's emphasis is on the development of its flagship project, the 100% owned mid-stage 44

km2 Ishkoday Project , and its gold -silver and gold -rich polymetallic mineralization with a

significant upside potential. Ishkoday has a project-wide database (2008 to 2018) that includes

283 diamond drill holes totaling 40 ,729 m , geological mapping , ground and airborne

geophysics, and 14 ,992 individual samples with assays and geochemical analysis. The

mineralization on Ishkoday is open at depth beyond the current core-drilling limit of -200 m from

surface, based on the historical mining to a -685 m depth, as evidenced in the past producing

Sturgeon River Mine.

The 2018-2019 exploration initiated in May 2018 is a three-staged 18-month program with the

strategic objective of outlining the precious and base metals upside potential at Ishkoday, part

of the 5km by 1km Target Area of the southern claims block. The Exploration Team has confirmed

the extent of known and new gold bearing quartz and polymetallic sulphide veins that will

ultimately help in completing the construction of the 2-D and 3 -D model and helping guide

future exploration targeting. This Model will provide LAURION with a solid technical foundation

to initiate diamond drilling to demonstrate upside potential across the 5km by 1 km Target Area

at Ishkoday as part of the Stage 3 drill program starting later in 2019 and in 2020. The field portion

of the Stage 2 Campaign is now completed.

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

Caution Regarding Forward-Looking Information

This news release contains forward -looking statements , which reflect the Corporation’s current expectations

regarding future events , Laurion's business, operations and future plans for the development of the Corporation

and/or the Ishkoday Gold Project, and management's objectives, strategies, beliefs and intentions.

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 Corporation's common shares, the interpretation

Page | 6

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 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 t he 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 r isks 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.

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.

Page | 7

Table 2. 2019 individual and interval channel assay results from the newly discovered Trench #36

Sulphide, Oxide-Sulphide and Quartz Veins of the central CRK Zone main segment.

SAMPLE

NUMBERS

CHANNEL

SAMPLE

LENGTHS1

(m)

AZIMUTH

(°)

ROCK

TYPES

GOLD

(g/t)

SILVER

(g/t)

ZINC

(%)

COPPER

(%)

LEAD

(%)

864500 2.00 48 DIO 0.11 0.50 0.04 0.00 0.00

864501 1.18 137 DIO 0.02 1.00 0.03 0.03 0.00

864502 1.14 133 DIO 0.01 0.25 0.04 0.01 0.00

864507 1.05 100 DIO 0.03 0.25 0.03 0.01 0.00

867498 1.37 87 MAGSV 0.09 2.40 0.05 0.06 0.01

867499 0.31 112 MAGSV 1.15 2.80 2.16 0.03 0.01

867500 1.49 131 DIO 0.01 0.25 0.02 0.01 0.00

867501 1.34 130 DIO 0.02 0.25 0.08 0.01 0.01

867502 1.33 139 DIO 0.02 0.25 0.05 0.01 0.00

867503 1.16 133 DIO 0.04 0.25 0.03 0.02 0.00

867504 0.93 136 MAGSV 0.13 2.10 0.36 0.06 0.00

867506 1.23 124 DIO 0.02 0.25 0.03 0.00 0.00

867507 0.39 118 “A-2” QV 0.32 0.25 0.01 0.00 0.00

867508 0.37 131 “A-2” QV 0.38 4.60 0.10 0.26 0.00

867509 1.43 141 DIO 0.06 0.25 0.02 0.00 0.00

867511 1.47 141 DIO 0.00 0.25 0.02 0.00 0.00

867512 1.52 141 DIO 0.01 0.25 0.02 0.00 0.01

867513 1.37 314 MAGSV 0.04 0.80 0.18 0.02 0.01

867514 1.24 291 DIO 0.01 0.25 0.02 0.01 0.00

867516 1.16 312 DIO 0.01 0.25 0.03 0.01 0.01

867517 0.98 331 DIO 0.02 0.25 0.06 0.01 0.00

867518 1.14 309 DIO 0.09 1.00 0.06 0.03 0.01

867519 1.24 308 DIO 0.02 0.25 0.10 0.01 0.00

867520 0.35 308 MAGSV 0.91 19.30 3.74 0.48 0.01

867521 1.22 301 DIO 0.06 0.25 0.05 0.01 0.00

867522 0.39 306 “A-2” QV 0.28 0.60 0.02 0.00 0.00

867523 0.88 305 DIO 0.11 0.25 0.03 0.01 0.00

867524 1.12 313 DIO 0.01 0.25 0.02 0.00 0.00

867526 1.38 310 DIO 0.01 0.25 0.01 0.00 0.00

867527 1.28 309 DIO 0.00 0.25 0.02 0.00 0.01

867528 1.18 115 DIO 0.03 0.60 0.04 0.02 0.01

867529 1.13 130 DIO 0.00 0.25 0.02 0.00 0.00

867531 1.16 130 DIO 0.02 0.25 0.03 0.01 0.01

867533 0.84 122 DIO 0.00 0.25 0.03 0.00 0.01

867534 0.67 142 DIO 0.06 3.20 0.05 0.08 0.01

867536 0.73 127 DIO 0.04 1.00 0.03 0.02 0.01

867537 1.00 130 MAGSV 0.04 1.70 0.82 0.02 0.01

867538 0.47 135 DIO 0.05 0.25 0.17 0.01 0.00

867539 0.50 135 MAGSV 0.08 1.60 4.42 0.02 0.01

867540 0.73 142 DIO 0.19 0.25 0.05 0.01 0.00

867541 0.28 146 DIO 0.13 0.25 0.08 0.01 0.00

867542 0.63 142 “A-2” QV 0.01 0.25 0.04 0.00 0.00

867543 1.05 142 DIO 0.00 0.25 0.03 0.00 0.00

867544 1.10 148 DIO 0.01 0.25 0.02 0.00 0.00

867545 1.33 300 DIO 0.06 0.90 0.04 0.03 0.01

867546 0.54 286 DIO 0.04 0.90 0.05 0.02 0.00

867547 0.88 313 DIO 0.01 0.25 0.04 0.01 0.00

867549 0.81 312 DIO 0.01 0.25 0.02 0.01 0.01

Page | 8

SAMPLE

NUMBERS

CHANNEL

SAMPLE

LENGTHS1

(m)

AZIMUTH

(°)

ROCK

TYPES

GOLD

(g/t)

SILVER

(g/t)

ZINC

(%)

COPPER

(%)

LEAD

(%)

867550 0.66 309 DIO 0.00 0.25 0.00 0.00 0.00

867551 0.94 335 DIO 0.01 0.25 0.02 0.01 0.01

867552 0.37 302 DIO 0.01 0.25 0.18 0.01 0.00

867553 1.06 303 DIO 0.01 0.25 0.09 0.01 0.01

867554 0.87 318 MAGSV 0.32 1.90 4.99 0.04 0.01

867556 0.58 313 MAGSV 0.29 3.40 5.59 0.05 0.01

1.45m @ 0.31 g/t gold, 2.50 g/t silver, 5.23% zinc, 0.05% copper, 0.01% lead

867558 0.25 317 “A-2” QV 0.14 1.60 0.06 0.01 0.00

867559 0.88 145 DIO 0.00 0.25 0.02 0.00 0.00

867560 1.14 177 DIO 0.00 0.25 0.02 0.00 0.00

867561 1.02 173 DIO 0.00 0.25 0.02 0.00 0.00

867562 1.08 138 DIO 0.18 3.00 0.23 0.04 0.00

867564 1.32 110 DIO 0.18 1.30 0.08 0.02 0.01

867565 1.02 139 DIO 0.00 0.25 0.02 0.00 0.00

867566 1.16 137 DIO 0.13 1.10 0.27 0.03 0.01

867567 0.51 114 MAGSV 4.33 16.60 3.68 0.26 0.02

867568 0.55 138 DIO 0.13 1.50 0.06 0.04 0.01

867569 0.92 128 DIO 1.00 6.90 0.10 0.18 0.04

867571 1.00 134 DIO 0.01 0.25 0.04 0.01 0.01

867572 0.90 131 DIO 0.02 0.25 0.03 0.01 0.00

867573 0.62 143 DIO 0.04 1.60 0.64 0.03 0.00

867574 1.08 140 DIO 0.02 0.25 0.02 0.01 0.00

867577 1.08 121 DIO 0.02 0.25 0.02 0.01 0.00

867578 1.18 111 DIO 0.01 0.25 0.03 0.01 0.01

867579 0.27 142 DIO 0.01 0.25 0.12 0.00 0.00

867581 0.85 143 MAGSV 0.02 0.50 0.17 0.01 0.01

867582 0.66 146 MAGSV 1.60 3.50 9.60 0.06 0.01

867583 0.56 145 MAGSV 0.02 0.25 0.09 0.00 0.00

867584 0.39 143 MAGSV 0.20 2.30 7.36 0.03 0.00

867585 0.66 137 “A-2” QV 0.14 5.00 0.30 0.07 0.00

867586 1.05 289 DIO 0.06 0.25 0.04 0.02 0.00

867587 0.97 296 DIO 0.05 0.70 0.03 0.02 0.01

867588 1.13 293 DIO 0.14 3.30 0.07 0.12 0.01

867589 0.43 298 MAGSV 0.32 10.90 0.28 0.14 0.03

867591 1.32 297 DIO 0.03 0.25 0.04 0.02 0.01

867592 1.13 301 DIO 0.02 0.25 0.03 0.01 0.01

867593 1.25 303 DIO 0.00 0.25 0.03 0.00 0.00

867594 1.06 303 DIO 0.02 0.25 0.03 0.01 0.01

867596 0.37 303 MAGSV 0.03 0.50 0.38 0.01 0.00

867597 0.72 317 DIO 0.01 0.25 0.04 0.00 0.01

867598 0.48 310 MAGSV 0.24 2.70 6.51 0.03 0.02

867599 0.30 307 DIO 0.01 0.25 0.11 0.00 0.00

867600 0.71 131 DIO 0.01 0.60 0.08 0.01 0.00

867601 0.42 141 MAGSV 1.89 15.90 2.74 0.16 0.06

867602 1.06 135 DIO 0.04 0.25 0.05 0.01 0.00

867603 1.29 104 DIO 0.00 0.25 0.02 0.00 0.00

867604 0.18 122 DIO 0.00 0.25 0.02 0.00 0.00

867606 1.18 130 DIO 0.00 0.25 0.02 0.00 0.01

867607 1.19 146 DIO 0.00 0.25 0.02 0.00 0.01

867608 0.99 143 DIO 0.02 0.25 0.13 0.01 0.00

867609 1.00 135 DIO 0.01 0.25 0.04 0.01 0.00

867611 0.71 310 DIO 0.00 0.25 0.07 0.00 0.00