Press Release
Drill Hole Highlights – LBX25-098
12.50 – 14.00 m: 1.50 m @ 10.38 g/t Au, 15.73 g/t Ag, 0.70% Zn
Including:
12.50 – 13.20 m: 0.70 m @ 22.10 g/t Au, 32.10 g/t Ag, 1.39% Zn
and
139.00 – 140.00 m: 1.00 m @ 5.64 g/t Au, 0.70 g/t Ag, 0.02% Zn
Drill Hole Highlights – LBX25-099
55.70 – 63.85 m: 8.15 m @ 0.57 g/t Au, 12.23 g/t Ag, 0.89% Zn
Including:
63.10 – 63.85 m: 0.75 m @ 3.62 g/t Au, 57.20 g/t Ag, 5.22% Zn
and
75.00 – 75.50 m: 0.50 m @ 1.99 g/t Au, 16.70 g/t Ag, 1.40% Zn
93.00 – 98.50 m: 5.50 m @ 0.16 g/t Au, 1.83 g/t Ag, 0.52% Zn
Including:
98.00 – 98.50 m: 0.50 m @ 1.25 g/t Au, 9.00 g/t Ag, 3.06% Zn
Toronto, Ontario – January 27, 2026 – LAURION Mineral Exploration Inc. (TSX-V: LME |
OTCQB: LMEFF | FSE: 5YD) (“LAURION” or the “Company”) reports assay results from drill holes LBX25-098 and LBX25-099 from the Company’s recent Fall diamond drilling program totalling 1,821 metres completed in 8 drill holes at the A-Zone/McLeod/CRK Zone at the Ishkōday Project, located in the Beardmore–Geraldton Greenstone Belt of north-western Ontario, approximately 220 kilometres northeast of Thunder Bay.
“Our work within the A-Zone, McLeod, and CRK corridor on the Ishkōday continues to highlight the importance of this area as an extremely exciting core area of focus for the Company,” said Cynthia Le Sueur-Aquin, President and CEO of LAURION. “This corridor extends approximately 1.4 kilometres along strike and up to roughly 675 metres in width, and hosts multiple zones of gold, silver, zinc, and copper mineralization, identified through successive drill programs. As we continue to integrate drilling results with structural interpretation and three-dimensional modelling, our objective is to build geological confidence and advance the project in a disciplined manner that supports the Company’s longer-term technical and strategic objectives.”
Drill holes LBX25-098 and LBX25-099 were designed to test mineralization in an area that was subject to significant historical drilling and more recent drilling completed by LAURION, and to evaluate a broad mineralized interval observed in proximal drill holes.
Geological Context and Proximal Drill Results
Drill holes LBX25-098 and LBX25-099 are proximal to several previously reported drill intersections, including:
⦁ LBX12-002, which intersected 3.0 metres grading 1.88 g/t gold and 4.5 metres grading 1.02 g/t gold and 4.5 metres of 1.02 g/t Au, 2.8 g/t Ag and 1.03% Zn (2012 Drilling Report – Joseph Campbell P.Geo, 2012).
⦁ LBX12-008, which returned 6.2 metres grading 0.61 g/t gold, including 1.55 metres grading 1.06 g/t gold, and a separate interval of 3.0 metres grading 1.40 g/t gold (2012 Drilling Report – Joseph Campbell P.Geo, 2012).
⦁ Historic drill hole 92-52, located approximately 15 metres east of LBX25-098 and LBX25-099, which reported 4.4 metres grading 4.75 g/t gold with associated zinc mineralization (Report on Drill Results Exploration Octopus – October 1992 – Remy Verschelden and Daniel Chainey).
⦁ LBX12-010, a key LAURION drill hole that intersected a wide mineralized interval of
12.84 metres grading 3.31 g/t gold, 18.1 g/t Ag and 3.72% Zn and 4.04 metres of 5.26 g/t Au, 40.1 g/t Ag and 8.38% Zn (2012 Drilling Report – Joseph Campbell P.Geo, 2012).
⦁ Historic drill hole 92-63, which reported 8.80 metres grading 1.27 g/t gold and 9.1 metres grading 1.15 g/t gold, with associated base-metal mineralization (Report on Drill Results Exploration Octopus – October 1992- Remy Verschelden and Daniel Chainey).
Readers are cautioned that the proximity of drill holes does not imply continuity of mineralization and that true widths in the cases of historic drilling are currently unknown.
Summary of Historical and LAURION Drilling Results
Historic drilling completed during the 1980s and 1990s, together with more recent LAURION drilling programs completed between 2012 and 2014, has intersected multiple zones of gold and base-metal mineralization characterized by meaningful grades and widths. Reported intercepts include gold grades commonly in the range of approximately 1.7 to 1.9 g/t Au over intervals of 9 to 14 metres, with associated silver and zinc enrichment and locally elevated copper values. These results support the interpretation of a polymetallic mineralized system comprising both broader, lower-grade mineralized envelopes and narrower, higher-grade intervals. (2012 Drilling Report
– Joseph Campbell P.Geo, 2012.)
Current work continues to focus on improving the understanding of structural controls and zone orientation through integrated geological and structural modelling, supporting disciplined drill targeting and ongoing advancement of the Ishkōday Project.
IBF4
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