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LAURION Unlocks High-Grade Gold up to 16.00 g/t in West Vein Systems of the Sturgeon River Mine Area

Exploration Programs

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LAURION Unlocks High-Grade Gold up to 16.00 g/t in West Vein

Systems of the Sturgeon River Mine Area

Toronto, Ontario – September 23, 2025 – LAURION Mineral Exploration Inc. (TSX.V: LME |

OTC: LMEFF) (“LAURION” or the “ Corporation”) is pleased to announce encouraging

results from the second set of assay results from its ongoing 7,700 -metre 2025 drill

exploration program at the 100%-owned Ishkoday Project, located 220 km northeast of

Thunder Bay in Greenstone, Ontario. To date, approximately 93% of the previously-

announced drill program has been completed. The first three drill results were announced

in the Corporation’s press release dated August 19, 2025, which targeted the high-grade

gold-bearing vein systems of the Sturgeon River Mine area. Reference is also made to the

Corporation’s press releases dated September 5, 2025, May 27, 2025 and May 8, 2025.

The results reported below are part of a second drilling phase designed to evaluate new

potential zones to the west of the Sturgeon River Mine area and included the M24 and

M25 vein systems. The drill holes also tested the continuity of the M1 vein series and

associated structural corridors between the Sturgeon River Mine and Brenbar Mine areas.

Drill holes LME25 -058 and LME25-059 were collared 90 m east and 102 m west of the

previously reported LME24-049 hole (see the Corporation’s p ress release dated

December 11, 2024).

Highlights

Drill Hole LME25-059 (102 m west of LME24-049)

• 0.50 m grading 16.00 g/t Au and 8.20 g/t Ag from 275.30 m.

• 0.50 m grading 9.79 g/t Au and 4.80 g/t Ag from 271.75 m.

• 0.50 m grading 4.01 g/t Au and 1.30 g/t Ag from 396.70 m.

• 0.80 m grading 1.01 g/t Au and 2.60 g/t Ag from 332.00 m.

• 1.10 m grading 0.96 g/t Au and 0.73 g/t Ag, including 0.50 m grading 1.94 g/t Au

from 382.90 m.

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Drill Hole LME25-058 (90 m east of LME24-049)

• 0.75 m grading 3.13 g/t Au and 23.90 g/t Ag from 189.25 m.

• 2.00 m grading 1.81 g/t Au and 1.90 g/t Ag with 0.19% Cu from 205.00 m,

including:

 0.50 m grading 4.61 g/t Au from 205.00 m; and

 0.60 m grading 1.33 g/t Au, 5.30 g/t Ag and 0.64% Cu from 206.40 m.

• 1.00 m grading 1.92 g/t Au from 239.00 m.

• Additional anomalous mineralization intersected across multiple vein sets,

including 7.00 m grading 0.29 g/t Au from 105.00 m.

Exploration Significance

• Both holes (i.e. LME25-058 and LME25-059) confirm the presence of multiple

narrow, high-grade gold intercepts within broader mineralized envelopes.

• LME25-058 tested the M1, M21, M24 and M25 vein systems , demonstrating the

polymetallic character of the system with a few Cu intercepts.

• LME25-059 intersected multiple high-grade gold intercepts, validating continuity

along strike from LME24-049, which previously returned 3.50 m grading 2.08 g/t Au,

including 1.00 m at 6.60 g/t Au . These results reinforce the potential for stacked

high-grade veins within a structurally controlled corridor extending northeast from

the historic Sturgeon River Mine.

Management Commentary

Cynthia Le Sueur-Aquin, President and CEO of LAURION, commented: “With over 93% of

the 2025 drill program completed, the results from LME25-058 and LME25-059 continue to

highlight Ishkõday’s robust exploration potential. High- grade gold and silver intercepts,

combined with broader envelopes of anomalous mineralization, demonstrate both scale

and grade potential within the M-series veins. These results support our evolving 3D model

and the project’s capacity to host multiple mineralized zones.”

Next Steps

Drilling continues to focus on expanding mineralization within the M -series veins and

testing additional strike extensions northeast of the Sturgeon River Mine shaft. Results from

the remaining drill holes will be released as they become available.

Hole ID From (m) To (m) Core Length (m) Au (g/t)

LME25-058 36.70 37.70 1.00 0.51

LME25-058 44.00 46.50 2.50 0.38

LME25-058 55.00 56.50 1.50 0.25

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LME25-058 84.50 86.00 1.50 0.44

LME25-058 91.50 92.50 1.00 0.64

LME25-058 105.00 112.00 7.00 0.29

Including 107.50 112.00 4.50 0.40

Including 107.50 108.50 1.00 0.70

LME25-058 122.50 124.00 1.50 0.31

LME25-058 157.00 157.75 0.75 0.72

LME25-058 164.50 165.00 0.50 0.65

LME25-058 189.25 192.90 3.65 0.86

Including 189.25 191.00 1.75 1.42

Including 189.25 190.00 0.75 3.13

LME25-058 201.00 201.50 0.50 0.63

LME25-058 202.00 203.00 1.00 0.33

LME25-058 205.00 207.00 2.00 1.81

Including 205.00 205.50 0.50 4.61

Including 206.40 207.00 0.60 1.33

LME25-058 239.00 240.00 1.00 1.92

LME25-058 419.00 420.50 1.50 0.34

Hole ID From (m) To (m) Core Length (m) Au (g/t)

LME25-059 70.90 71.90 1.00 0.38

LME25-059 162.00 163.10 1.10 0.30

LME25-059 265.00 267.30 2.30 0.40

Including 266.80 267.30 0.50 1.36

LME25-059 271.75 272.25 0.50 9.79

LME25-059 275.30 275.80 0.50 16.00

LME25-059 321.80 322.30 0.50 1.60

LME25-059 332.00 332.80 0.80 1.01

LME25-059 382.90 384.00 1.10 0.96

Including 382.90 383.40 0.50 1.94

LME25-059 396.70 397.20 0.50 4.01

The drill holes were started from the locations and orientation provided in the table

below.

The interval widths reported are down -hole widths. The true widths of the mineralized

zones are not known at this time as there is insufficient information to determine the

orientation of the mineralization.

Drill Hole ID. Easting Northing Azimuth Dip Planned

(m)

Actual

(m)

Core

Size

LME25-058 443679 5510873 320 -50 500 503 NQ

LME25-059 443537 5510784 315 -50 500 456 NQ

Assay Turnaround Update

The Corporation wishes to advise shareholders that assay laboratories across the industry

are currently experiencing significantly increased sample volumes. As a result, the

turnaround time for assay results has extended to approximately eight (8) weeks from the

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date of sample delivery. L AURION continues to work closely with its laboratory partners

and will report results promptly upon receipt and validation.

Sampling and QA/QC Protocols

All drill core is transported and stored inside the core facility located at the Ishkõday

Project in Greenstone, Ontario. LAURION employs an industry standard system of external

standards, blanks and duplicates for all of its sampling, in addition to the QA/QC protocol

employed by the laboratory. After logging, core samples were identified and then cut in

half along core axis in the same building and then zip tied individually in plastic sample

bags with a bar code. Approximately five or six of these indivi dual bags were then

stacked into a “ rice” white material bag and stored on a skid for final shipment to the

laboratory. All core samples were shipped to the ALS facility in Thunder Bay, Ontario,

which were then prepared by ALS Global Geochemistry in Thunder Bay and analyzed by

ALS Global Analytical Lab in North Vancouver, British Columbia. Samples are processed

by 4 -acid digestion and analyzed by fire assay on 50 g pulps and ICP -AES

(InductivelyCoupledPlasma – AtomicElement-Spectroscopy). Over limit analyse s are

reprocessed with gravimetric finish. A total of 5% blanks and 5% standard are inserted

randomly within all samples. 5% of the best assay result pulps were sent for re -assays. All

QAQC were verified, and no contamination or bias have been observed. The remaining

half of the core, as well as the unsampled core, is stored in temporary core racks at the

core logging facility in Beardmore and moved to the core storage facility at the Ishkõday

Project.

Qualified Person

The technical contents of this release were reviewed and approved by Jean-Philippe

Paiement, P.Geo., 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 TSXV under the symbol LME and on the OTCPINK under the symbol LMEFF.

LAURION now has 274,097,283 outstanding shares, of which approximately 73.6% 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 57 km2 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

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procured in the short or medium terms. The Corporation will promptly issue a press release

if any material change occurs.

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 intentions, 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 diamond drill program described in

this press release and the Corporation’s other planned activities for the Ishkõday Project for the remainder of

2025, and the statements regarding the Corporation’s exploration or consideration of any possible strategic

alternatives and transactional opportunities (including, without limitation, the Corporation’s engagement of

third party advisors to explore any such potential alternatives and opportunities), as well as the potential

outcome(s) of this 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 refer enced 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 strategic alternatives or transactional o pportunities, 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 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 addi tional 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. Readers 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 RESPONSIBILITY FOR THE ADEQUACY OR

ACCURACY OF THE CONTENT OF THIS NEWS RELEASE.