Announcement • 20h
Laurion Mineral Exploration Inc. announced that it expects to receive CAD 1 million in funding Laurion Mineral Exploration Inc. announced a non-brokered private placement of Flow-Through Units of the company at a price per Unit of CAD 0.26 and Flow-Through Shares of the company at a price per FT Share of CAD 0.21 for aggregate gross proceeds of CAD 1,000,000 on May 25, 2026. Each FT Unit will consist of one common share of the Corporation to be issued as a “flow through share” and one common share purchase warrant. Each Warrant will entitle the holder thereof to acquire one Non-FT Share at a price of CAD 0.35 per share for a period of 24 months from the date of issuance. In connection with the private placement, the Corporation may pay finders’ fees in the form of cash commissions and/or finder’s warrants. The closing of the private placement is subject to the approval of the TSX Venture Exchange. All securities that are issued pursuant to the private placement will be subject to, among other things, a hold period of four months and one day in accordance with applicable Canadian securities laws. Announcement • Feb 11
Laurion Mineral Exploration Inc. Reports Intersects High-Grade Gold and Polymetallic Mineralization in Drill Holes LBX25-101 and LBX25-102 at Ishkday A-Zone Corridor Laurion Mineral Exploration Inc. reported assay results from drill holes LBX25-101 and LBX25-102 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 Ishkday Project, located in the BeardmoreGeraldton Greenstone Belt of north-western Ontario, approximately 220 kilometres northeast of Thunder Bay. Drill holes LBX25-101 and LBX25-102 were planned as part of LAURION's model-guided A- Zone program to test interpreted mineralized horizons and strengthen continuity across the northeastern portion of the zone. (See Image DDH Cross Section.) The drill holes were positioned to validate structural interpretations and increase confidence in zones where both historical drilling and more recent Company-led drill programs have identified broad anomalous gold mineralization with localized higher-grade intervals. The assay results provide additional technical data that will support the refinement of future targeting and improve predictability for the Company's subsequent drill campaigns. Drill hole LBX25-101 is situated approximately 265 m southwest of LBX25-100, with LBX25- 102 positioned an additional 335 m southwest, extending drill coverage along the interpreted A-Zone mineralized corridor into a sparsely drilled area. LBX25-101 was established as a step-back collar to test projected mineralized horizons and structural continuity beyond the denser drill grid. Targeting incorporated projected intercept positions from holes LBX22-055, LBX22-056, LBX22-056A, LBX22-057, and historic hole K56 to improve geological and structural constraint across this portion of the zone. Drill hole LBX25-102 was collared adjacent to the access road approximately 1.0 km south of the River Road, located north of the McLeod Zone and southwest of drill hole LBX21- 041, to support continued drill coverage along this portion of the interpreted mineralized trend. This collar location enabled efficient drill access while extending geological coverage into a less densely tested portion of the corridor. All drill core is transported and stored inside the core facility located at the Ishkday 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 individual 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 (Inductively Coupled Plasma - Atomic Emission Spectroscopy). Over limit analyses 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 QA/QC 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 Ishkday Project. Note: QA/QC review of standards and duplicates indicates analytical results are reliable. One zinc standard adjacent to a high-grade zinc interval returned elevated values consistent with expected analytical behaviour following high-grade samples. Announcement • Feb 10
Laurion Mineral Exploration Inc., Annual General Meeting, Apr 15, 2026 Laurion Mineral Exploration Inc., Annual General Meeting, Apr 15, 2026.