LAURION Reports High-Grade Gold-Copper Grab Samples up to 26.0 g/t Au and 1.61% Cu from Historic Miron Zone, Ishkoday Project

Laurion Mineral Exploration Inc. has reported high-grade grab sampling results from the Miron Zone on its 100%-owned Ishkōday Project in Northwestern Ontario. The highest grab sample returned 26.0 g/t Au and 1.505% Cu, with additional samples showing up to 8.82 g/t Au and 1.61% Cu. These results confirm a consistent gold-copper polymetallic association, supporting the interpretation of the Ishkōday corridor as an orogenic gold system overprinting an earlier base-metal event.

Historic surface sampling showed high grades, but three historic diamond drill holes from 1987–88 returned low gold values beneath the test pit. The southwestern historic hole intersected a wider zone of quartz veining measuring 5.61 meters, suggesting the vein widens to the southwest—a trend not tested at depth. The company plans to conduct two diamond drill holes in 2026 to test the down-plunge extension and southwest widening of the vein.

The release includes grab samples identified as surface indicators, which do not constitute drill intercepts or resource definitions. While the grades are technically impressive, they are expected in a polymetallic corridor and serve primarily to justify the planned follow-up drilling.

The news does not introduce new financial data, major discoveries, or changes to the capital structure. It is incremental technical data that reinforces the geological model but does not materially alter the valuation or near-term cash flow profile. The market has already priced in the exploration activity, as evidenced by the stock trading at its 52-week low. The release is consistent with prior expectations for surface sampling and drill targeting.

Laurion Mineral Exploration Inc. is a pre-revenue junior explorer focused on its 100%-owned Ishkōday Gold & Polymetallic Project in Ontario. The project covers 57 square kilometres within the Beardmore-Geraldton Greenstone Belt, featuring a 6.0 km by 2.5 km structurally controlled mineralized corridor. Geology includes two mineralizing events: an early epithermal-style gold-silver-zinc-copper system and a late orogenic gold system.

Approximately 100,000 metres of drilling have been completed historically. The company is advancing toward a NI 43-101 resource estimate, targeting completion in late 2026. Management is also evaluating a surface stockpile processing initiative at the historic Sturgeon River Mine area to generate non-dilutive cash flow.