Northwire Canada EditionSaturday, November 7, 2026
Northwire
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Gold 4,079.60 −0.8% Silver 51.94 −0.8% Copper 6.24 −0.5% Oil 90.83 +0.3% Palladium 1,017.10 −2.6% KRN 0.260 −7.1% GSKR 2.84 +5.6% ADE 0.125 +4.2% NRM 0.055 +0.0% BBB 0.520 −1.9% LGD 2.09 +1.9% DEC 0.110 +0.0% LCE 0.200 +0.0% NILI 0.515 −1.0% CDE 21.85 +6.7% CAN 0.045 +0.0% LORD 0.100 +0.0% HBM 29.49 +2.3% ELEF 0.265 +120.8% MUN 0.300 +0.0% SAGA 0.400 +6.7% Gold 4,079.60 −0.8% Silver 51.94 −0.8% Copper 6.24 −0.5% Oil 90.83 +0.3% Palladium 1,017.10 −2.6% KRN 0.260 −7.1% GSKR 2.84 +5.6% ADE 0.125 +4.2% NRM 0.055 +0.0% BBB 0.520 −1.9% LGD 2.09 +1.9% DEC 0.110 +0.0% LCE 0.200 +0.0% NILI 0.515 −1.0% CDE 21.85 +6.7% CAN 0.045 +0.0% LORD 0.100 +0.0% HBM 29.49 +2.3% ELEF 0.265 +120.8% MUN 0.300 +0.0% SAGA 0.400 +6.7%
Drill Results Routine +

Laurion Commences Phase 1 Drilling At The Ishkoday Gold Project And Appoints Dr. Trevor Boyd, Ph.D., P.Geo. As Qualified Person

Laurion Commences Drilling at Ishkoday as Stock Consolidates Near Lows

Executive Summary
  • LAURION Mineral Exploration Inc. has officially commenced Phase 1 of its 2026 diamond drilling program at the Ishkoday Gold Project in Ontario.
  • The initial phase consists of approximately 10 drill holes totaling roughly 3,175 metres.
  • Drilling targets include infill within the known A-Zone and McLeod Zone mineralized footprint as well as testing new high-priority geophysical targets in the northeastern A-Zone corridor.
  • The company has appointed Dr. Trevor Boyd, Ph.D., P.Geo., as its new Qualified Person (QP), replacing Pierre-Jean Lafleur who concluded interim service.
  • This operational update follows a $1-million private placement announced on May 25, 2026, specifically earmarked to fund this drill program.
Material Impact
  • The commencement of drilling is an expected execution step following the financing announcement two days prior and the strategic plan outlined in March 2026.
  • While positive for operational confidence, it does not constitute a material valuation change as no assay results are yet available to confirm resource growth or grade continuity.
  • The appointment of a new QP is administrative and ensures regulatory compliance but does not inherently alter project economics or technical outlook immediately.
  • Given the stock price has been trending downward despite previous positive drill results (February 2026), this news serves as confirmation of management execution rather than a catalyst for significant price appreciation.
LME · Price
Company Overview
  • Company: LAURION Mineral Exploration Inc., listed on TSX Venture (LME) and Frankfurt Stock Exchange (5YD).
  • Flagship Project: Ishkoday Gold and Polymetallic Project, located 220 km northeast of Thunder Bay, Ontario.
  • Project Scale: A district-scale system spanning a 6.0 x 2.5 kilometre mineralized corridor within the Beardmore-Geraldton Greenstone Belt.
  • Historical Context: Hosts two past-producing mines (Sturgeon River Mine and Brenbar Mine) with historic grades up to 17 g/t Au and 20 g/t Au respectively.
  • Current Status: Exploration phase transitioning toward resource definition; over 99,834m drilled historically across the district.
Read the original news release →

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