LAURION Publishes Maiden Environmental, Social and Governance (ESG) Report for 2023

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LAURION Publishes Maiden Environmental, Social and Governance

(ESG) Report for 2023

TORONTO, ONTARIO (February 7, 2024) – LAURION Mineral Exploration Inc. (TSX.V: LME

and OTC: LMEFF) (“LAURION” or the “Corporation”) is pleased to announce that it has

published its Environmental, Social and Governance (“ESG”) report for 2023.

LAURION’s chief priority remains maximizing shareholder value while simultaneously

embracing and considering the principles and best practices of ESG issues. A large

portion of t he Corporation’s focus in this regard falls within the ambit of its mineral

exploration activities and more specifically, advancing its flagship Ishkoday Project.

The Corporation is of the view that it is becoming increasingly important for junior

exploration companies – especially those that are publicly traded – to clearly

document and report all critical activities to ensure that all stakeholders and

communities are informed on these key ESG metrics.

LAURION acknowledges that the success of its operations is built upon a solid

foundation of sustainability. Its ESG pillars reflect the Corporation ’s commitment to

honest and ethical conduct with our local community and Aboriginal Groups,

monitoring and mitigating environmental impacts, and providing a sa fe, supportive

workplace environment for employees.

LAURION endeavours to operate with the highest standards at the forefront of its

activities. It places a high value on actionable efforts versus just words , and

has implemented or contributed to a number of notable initiatives.

LAURION’s sustainability strategy recognizes that it conducts business in an

evolving, increasingly c omplex, global landscape and its ability to achieve

sustainable outcomes is intertwined with peopl e, politics, our planet and the

economy.

LAURION believes that striking the right balanc e among environmental, economic

and social considerations within the context and stage of the Corporation ’s

exploration activities creates long-term value and resilience. LAURION approaches

these environmental responsibilities meaningfully, proactively and with due care.

The Corporation is very pleased to have partnered with ONYEN Corporation, a global

technology company focused on ESG reporting that will help LAURION benchmark its

journey of continuous improvement.

Please view LAURION ’s 2023 ESG report below on its website

at: https://www.laurion.ca/_resources/Sustainability/sustainability-esg.pdf

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Indigenous Community Social and Economic Engagement

LAURION acknowledges that the Ishkoday Project is located on the traditional

territories of Animbiigoo Zaagi ’igan Anishinaabek - AZA - (Lake Nipigon Ojibway),

Biinjitiwaabik Zaaging Anishinaabek - BZA - (Rocky Bay) and Bingwi Neyaashi

Anishinaabek - BNA - (Sandpoint) First Nations. These communities are signatories to

the Robinson-Superior Treaty of 1850. LAURION also acknowledges the contributions

of the Métis Nation of Ontario and the Red Sky Métis Indep endent Nation to the rich

history of Greenstone area.  LAURION appreciates the opportunity to work in these

territories and remains committed to stewarding Indigenous heritage and building,

fostering and encouraging respectful relationships with First Nations and Métis Nations

based upon principles of mutual trust, respect, reciprocity and collaboration in the

spirit of reconciliation.

About LAURION Mineral Exploration Inc.

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

the TSXV under the symbol LME and on the OTC under the symbol LMEFF. LAURION

now has 263,346,102 outstanding shares of which approximately 72% are owned and

controlled by Ins iders 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 57.43 km2 Ishkoday P roject, and its gold-rich polymetallic

mineralization.

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

Doug Vass - Investor Relations Consultant

Email: [email protected]

Website: http://www.LAURION.ca

Caution Regarding Forward-Looking Information

This press release and LAURION’s 2023 ESG report that is the subject matter of this press release, contain

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 , LAURION ’s sustainability and ESG plans, initiatives and

strategies, and LAURION ’s ESG commitments, goals and targets and its expectations re garding the

achievement thereof. 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 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

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 risks, uncertainties, assumptions made and factors disclosed in the Corporation ’s publicly

filed documents.

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Investors should consult the Corporation ’s ongoing quarterly and annual filings, as well as any other

additional documentation co mprising the Corporation ’s public disclosure record, for additional

information on the risks, assumptions and other factors that may affect the Corporation’s ability to

achieve the expectations set forth in the forward-looking statements contained in this press release and

the 2023 ESG r eport. Such documentation includes, but is not limited to, the Corporation’s latest

Management’s Discussion and Analysis, which is available on SEDAR+ at www.sedarplus.ca. The

foregoing should be reviewed in conjunction with the information, risk factors, and assumptions found in

this press release and the 2023 ESG report.

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 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.