LAURION Strengthens Exploration Team with the Appointment of Jean-Philippe Paiement as Technical Advisor to Ishkoday

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LAURION Strengthens Exploration Team with the Appointment of

Jean-Philippe Paiement as Technical Advisor to Ishkoday

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 (January 26, 2021) – LAURION Mineral Exploration Inc. (TSX.V: LME

and OTCPINK: LMEFF) (“LAURION” or the “Corporation”) is pleased to announce the

appointment of Mr. Jean -Philippe Paiement P.Geo, MSc, as Technical Advisor -

Exploration Geology to the Corporation.

Cynthia Le Sueur -Aquin, President and CEO of the Company, commented: “We are

proud and excited to have Jean-Philippe join the LAURION Mineral Exploration Team as

Technical Advisor. LAURION has been working with Mira Geoscience , of whom Jean -

Philippe is also the Director of Global Consulting. Mira’s directive was to conduct a “full

integration” of LAURION’s data to develop an integrated 3D model from which a

mineralization’s genetic and explor ation model can be derived . Our collective

objective is to generate a multi -parameter platform to produce a high -level targeting

approach with the objective to identify the larger scale ore-forming mineralizing system.

Using Ishkoday’s substantial surface exposure and information as springboard the

model will enable LAURION to connect the current exploration targets over a 6 km strike

length corridor with a width of 1.5 km , and to unlock value to LAURION shareholders.

LAURION’S advancements with database construction in combination with Mira’s most

advanced geological and geophysical modelling will provide a competitive

advantage to strategically allocate resources to high priority drill targets. We believe

Jean-Philippe as technical advisor will bring huge value to Ishkoday with his extensive

experience and success in exploration d iscovery, with focus to rapid resource

expansion, in conjunction with his key role at Mira.”

About Mira Geoscience

Since 1999, Mira has pioneered the application of advanced geological modelling, 3D-

GIS technology in the mining industry through the integrated “Common Earth Model”.

Mira’s client list includes most of the world’s major mining and mining -industry service

companies, as well as many juniors. Mira counts numerous ge ological survey

organizations and universities amongst its clients, providing a collaborative environment

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for technology development. Mira works with an extensive network of mining -industry

technical experts to bring the right team to 3D geoscience project challenges. Mira’s

competitive advantage stems from leveraging the technical excellence and major

R&D investments of its partners in both the energy and mining industries. The philosophy

revolves around seamlessly integrat ing the world's most advanced ear th modelling

technologies into workflow -based solutions that provide better, faster decisions for

mining industry clients. Mira’s team deploys best -in-class technology for the integrated

interpretation of geological, geophysical, geochemical, and geotechnical data.

Jean-Philippe Paiement has a wide range of experience in modelling of diverse mineral

system. Jean-Philippe has 1 5 years of experience in geostatistics applied to structural,

geological, and geochemical modelling; specializing in non -linear inter polation and

simulation. Before joining Mira Geoscience Jean -Philippe was also the scientific driving

force behind the success of SGS team in winning the Integra GoldRush Challenge; by

application of Machine Learning to mineral deposit targeting . He since then has

pioneered the application of artificial intelligence to the geoscience sector.

LAURION would also like to announce that Jean-Philippe will be replacing David Lewis’s

role as the Corporation’s exploration manager.

Ms. Le Sueur -Aquin stated: “We would like to thank David Lewis P.Geo for the key role

he played on the Ishkoday Project throughout 2020, in conducting the collection of key

structural and lithological controls and value -added approaches to our exploration

programs.”

Qualified Person

Mr. Steve Leclerc, P. Geo. , LAURION ’s Exploration Field Supervisor, under the guidance

of Mr. Jean-Philippe Paiement P.Geo, are the Qualified Persons as defined by National

Instrument 43-101 and has reviewed and approved the content of this news release.

About LAURION Mineral Exploration Inc.

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

TSX-V under the symbol LME and on the OTCPINK under the symbol LMEFF. The

Corporation currently has 202,684,319 outstanding shares, of which approximately 72%

of LAURION’s issued a nd outstanding shares 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 47 km2 Ishkoday Project , and its gold -silver and gold -rich polymetallic

mineralization with a significant upside potential. The mineralization on Ishkoday is open

at depth beyond the current core -drilling l imit of -200 m from surface, based on the

historical mining to a -685 m depth, in the past producing Sturgeon River Mine. The

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recently acquired Brenbar Property, which is contiguous with the Ishkoday Property,

hosts the historic Brenbar Mine and LAURION be lieves that the mineralization to be a

direct extension of mineralization from the Ishkoday Property.

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 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 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 common shares of LAURION, the interpretation and actual results of

current exploration activities, changes in project parameters as plan s 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 quarter ly 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 r ely on these

forward-looking statements. Subject to applicable law, the Corporation disclaims any obligation to update

these forward-looking statements.

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THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR

ACCURACY OF THE CONTENT OF THIS NEWS RELEASE.