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LAURION Reports Wide Mineralized Zones and High-Grade Polymetallic Intercepts from LBX25-097 and LBX25-100, Advancing Structural Continuity at Ishkōday

Press Release

Drill Hole LBX25-097 — Highlights

⦁ 15.50 m @ 0.617 g/t Au, 2.87 g/t Ag, 0.48% Zn (135.50-151.00 m)
o Including 7.70 m @ 0.73 g/t Au, 4.76 g/t Ag, 0.78% Zn (135.50-143.20 m)
⦁ Including 0.90 m @ 4.35 g/t Au, 21.20 g/t Ag, 0.11% Cu, 4.22% Zn (135.50-136.40 m)
⦁ This drill hole demonstrates a broad mineralized envelope hosting localized high-grade gold and zinc values

Drill Hole LBX25-100 — Highlights
⦁ 0.80 m @ 1.14 g/t Au, 2.50 g/t Ag, 0.03% Cu, 0.70% Zn (169.00-169.80 m)

⦁ 0.60 m @ 0.93 g/t Au, 3.60 g/t Ag, 0.16% Cu, 0.64% Zn (284.40-285.0 m)
⦁ 0.70 m @ 0.44 g/t Au, 7.00 g/t Ag, 0.15% Cu, 1.81% Zn (183.70-184.40 m)

Toronto, Ontario – February 3, 2026 – LAURION Mineral Exploration Inc. (TSX-V: LME |

OTCQB: LMEFF | FSE: 5YD) (“LAURION” or the “Company”) reports assay results from drill holes LBX25-097 and LBX25-100 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.

Drill holes LBX25-097 and LBX25-100 were designed to support targeted infill drilling and improve geological confidence within the northeastern A-Zone, confirming mineralized horizons interpreted to run sub-parallel to the main trend. The drill program also followed-up on historical drilling and more recent LAURION drilling that intersected a broad anomalous gold zone with localized higher-grade mineralization, helping to refine the Company’s understanding of the system and guide more precise future targeting.

“The A-Zone remains one of our priorities as we focus on creating value through targeted, technically driven drilling,” said Cynthia Le Sueur-Aquin, President and CEO of LAURION. “Our objective is to systematically strengthen geological confidence, refine our understanding of mineralization, and advance the technical foundation necessary to support future resource definition. Every well-planned hole moves the project forward and enhances our ability to unlock Ishkōday’s broader potential.”

Geological Context and Proximal Drill Results

Historical and proximal drilling within the A-Zone demonstrated consistent gold-silver-zinc mineralization across multiple drill holes, supporting geological continuity within this portion of the system.

⦁ LBX12-002 intersected 3.0 m grading 1.88 g/t Au and 4.5 m grading 1.02 g/t Au, including 4.5 m grading 1.02 g/t Au, 2.8 g/t Ag and 1.03% Zn (86.5–91.0 m).
⦁ Historic drill hole 92-64 returned 4.30 m @ 4.89 g/t Au, 8.0 g/t Ag and 1.00% Zn (45.8– 49.3 m).
⦁ Historic drill hole 92-65 intersected multiple mineralized intervals including 7.7 m @ 1.46 g/t Au, 12.5 g/t Ag and 1.04% Zn, and 0.7 m @ 25.71 g/t Au and 1.21% Zn, confirming the presence of locally high-grade zones.

⦁ LBX12-007 intersected a broad mineralized zone containing narrower higher-grade intervals, including 1.0 m @ 7.38 g/t Au (103–104 m), within a silicified horizon below the main mineralized zone.1

Collectively, these results reinforce the interpreted continuity of polymetallic mineralization within the A-Zone and provide a strong geological framework for ongoing targeted drilling.

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.

Mineralization of the A-Zone

Mineralization at the A-Zone/McLeod and CRK Zone, is part of a large hydrothermal system — essentially a network of mineral-rich fluids that moved through the rocks during ancient volcanic activity. As these fluids cooled, they deposited gold, silver, zinc, copper and other metals within the surrounding rock.

Importantly, the metals are not confined to a single narrow vein. Instead, they occur across broader zones that include multiple veins, fine stringers of mineralization, and areas where sulfide minerals are more concentrated. These zones are surrounded by large areas of altered rock, a key geological indicator that mineralizing fluids were active across a wide footprint. As drilling and geological modelling continue, LAURION is gaining a clearer understanding of the size, shape, and direction of these mineralized zones — helping the Company to continue to target future drilling more precisely and advance the Ishkōday Project with growing confidence.

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