202625 releases
LAURION Advances Northeast Extension and Intersects 1.20 m at 6.58 g/t Au and 6.00 m at 0.206 g/t Au, 19.8 g/t Ag, 0.28% Cu and 0.83% Zn, Including 0.50 m at 1.795 g/t Au, 223 g/t Ag, 3.31% Cu and 8.47% Zn at A-Zone–McLeod
Drill hole LBX26-112 at the A-Zone–McLeod area of the 100%-owned Ishkōday Gold and Polymetallic Project, 220 km northeast of Thunder Bay, Northwestern Ontario, returned 1.20 m at 6.580 g/t Au (78.80–80.00 m) and 6.00 m at 0.206 g/t Au, 19.80 g/t Ag, 0.28% Cu and 0.83% Zn, including 0.50 m at 1.795 g/t Au, 223 g/t Ag, 3.31% Cu and 8.47% Zn. LBX26-111 returned 3.35 m at 0.523 g/t Au. Planned Phase 1 drilling was increased from 3,865 m to 5,605 m across 22 holes.
Drill resultsLAURION Reports Multiple Gold and Polymetallic Intercepts, Including 9.90 m Grading 0.563 g/t Au and 4.55 m Grading 0.76% Cu and 12.29 g/t Ag, Including 1.70 m Grading 1.56% Cu and 24.45 g/t Ag at Ishkōday
Drill hole LBX26-110 at the 100%-owned Ishkōday Gold and Polymetallic Project, 220 km northeast of Thunder Bay, Northwestern Ontario, returned 9.90 m grading 0.563 g/t Au from 205.70 m, including 2.30 m at 1.693 g/t Au, and 4.55 m grading 0.063 g/t Au, 12.29 g/t Ag, 0.76% Cu and 0.16% Zn from 80.45 m, including 1.70 m at 1.56% Cu and 24.45 g/t Ag. LBX26-109 returned 1.20 m at 0.670 g/t Au. Planned Phase 1 drilling was increased from 3,865 m to 5,605 m across 22 holes.
Drill resultsLAURION Advances Environmental and Permitting Activities at Ishkōday Gold and Polymetallic Project
An application for a Recovery of Minerals Permit, including a Recovery and Remediation Plan, has been submitted to Ontario's Ministry of Energy and Mines under section 152.1 of the Mining Act and O. Reg. 463/24, covering the historical Sturgeon River Mine surface waste rock stockpile at the 100%-owned Ishkōday Gold and Polymetallic Project in Northwestern Ontario. A Permit to Take Water application for shaft dewatering is targeted for Q4 2026, with an Advanced Exploration Closure Plan and further environmental approvals targeted for early 2027. The historical shaft extends approximately 642 metres below surface with 15 underground levels and about 114,000 cubic metres of water.
CorporateLAURION Reports Multiple Gold and Polymetallic Intercepts, Including 3.75 m Grading 0.568 g/t Au, 12.40 g/t Ag, 0.46% Cu and 1.75% Zn and 0.50 m Grading 3.220 g/t Au and 6.29% Zn at Ishkōday
Drill holes LBX26-106 and LBX26-107 from the 2026 Phase 1 program at the 100%-owned Ishkōday Gold and Polymetallic Project, 28 km northeast of Beardmore, Northwestern Ontario, returned 3.75 m grading 0.568 g/t Au, 12.40 g/t Ag, 0.46% Cu and 1.75% Zn, and 0.50 m grading 3.220 g/t Au, 9.70 g/t Ag, 0.30% Cu and 6.29% Zn; LBX26-107 returned 1.15 m of 1.374 g/t Au, 10.10 g/t Ag, 0.49% Cu and 2.01% Zn. Planned Phase 1 drilling was increased from 3,865 m to 5,605 m across 22 holes.
Drill resultsLAURION Corrects Statement in August 5, 2026 Press Release and Provides 2026 Phase 1 A-Zone Drill Program and Permitting Update
A statement in the August 5, 2026 press release referring to "over six (6) metres of better than 6% zinc" at the Ishkōday Gold and Base Metal Project in Northwestern Ontario was incorrect; the accurate interval is 5.35 metres grading 3.28% zinc from 267.75m to 273.10m in hole LBX26-104. The Phase 1 A-Zone drill program has been increased from 3,865 metres to 5,605 metres across 22 holes, with 18 holes completed for about 4,915 metres. SRK Consulting identified five priority target zones, and Recovery of Minerals Permit and PTTW applications remain under Ontario Ministry review.
CorporateLAURION ENGAGES ICP SECURITIES INC. FOR AUTOMATED MARKET MAKING SERVICES
ICP Securities Inc. has been engaged to provide automated market making services, including its ICP Premium algorithm, for a monthly fee of $7,500 plus applicable taxes, under an agreement starting August 26, 2026 for an initial four-month term with automatic one-month renewals. There are no performance factors, stock options or other compensation, and the engagement remains subject to TSX Venture Exchange acceptance. LAURION has given notice to terminate its existing market making agreement with Integral Wealth Securities Limited effective August 31, 2026.
CorporateLAURION PROVIDES EXPLORATION, PERMITTING, AND CORPORATE UPDATE
Nine of twelve planned Phase 1 drill holes have been completed at the A-Zone of the 100%-owned Ishkõday Gold and Polymetallic Project near Beardmore, Ontario, totalling about 3,060 of 3,865 planned metres, with assays pending for holes LBX26-106 to LBX26-112; the program may be expanded to roughly 5,000 metres. SRK's independent gap analysis identified five priority target zones. Recovery of Minerals and Permit to Take Water applications remain under Ontario Ministry review. On August 6, 2026, the Company released a director from his undertaking to repay a US$250,000 advisory fee.
CorporateLAURION Extends High-Grade Zinc-Silver Mineralisation Down-Plunge at A-Zone, Confirms New Garvey Zone Target
Assay results from the first three Phase 1 drill holes at the 100%-owned Ishkōday Gold and Polymetallic Project in Northwestern Ontario include LBX26-104, testing the A-Zone down-plunge, with 11.15m grading 0.393 g/t Au, 6.06 g/t Ag, 0.18% Cu and 1.80% Zn from 264.70m, including 1.95m at 1.314 g/t Au and 6.34% Zn. LBX26-105 returned 2.00m at 1.342 g/t Au and 14.90m at 0.125 g/t Au, 4.89 g/t Ag, 0.67% Zn. LBX26-103 confirmed polymetallic mineralisation at the Garvey Zone IP target.
Drill resultsLAURION Remobilizes Field Team and Resumes Phase 1 Drilling at Ishkōday Following Improved Wildfire and Air Quality Conditions
Phase 1 diamond drilling has resumed at the 100%-owned Ishkōday Gold and Polymetallic Project in the Beardmore-Geraldton Greenstone Belt of Northwestern Ontario, after operations were voluntarily suspended on July 15, 2026 due to wildfires and smoke. Rainfall has eased fire activity, no evacuation order or alert is in effect for the Municipality of Greenstone, and drilling contractor Forage GeoNord and the geological team have returned to site. Drilling targets the A-Zone.
Drill resultsLAURION Suspends Field Program and Evacuates Personnel from Ishkōday Project as a Precaution Due to Regional Wildfires
Phase 1 A-Zone diamond drilling and all field activities at the 100%-owned Ishkōday Gold & Polymetallic Project in Northwestern Ontario have been temporarily suspended, with all Company, geological and drilling contractor personnel evacuated from site and accounted for, and no injuries reported. The decision followed regional wildfires, with approximately 128 active fires reported in the Northwest Fire Region and deteriorating air quality near the Project. Drilling by Forage GeoNord will resume once conditions are deemed safe.
NewsLAURION Reports High-Grade Gold-Copper Grab Samples up to 26.0 g/t Au and 1.61% Cu from Historic Miron Zone, Ishkōday Project
Grab sampling at the historic Miron Zone on the 100%-owned Ishkōday Gold & Polymetallic Project in the Beardmore-Geraldton Greenstone Belt, Northwestern Ontario returned 26.0 g/t Au with 1.505% Cu and 8.82 g/t Au with 1.61% Cu; a third sample gave 0.881 g/t Au and 1.485% Cu. Fifteen samples were taken after excavation and dewatering of a historic test pit, ranging from <0.001 g/t Au and 0.0004% Cu upward. The 2026 program may include two diamond drill holes testing the southwest widening trend.
Drill resultsLAURION ANNOUNCES COMPLETION OF PREVIOUSLY-ANNOUNCED PRIVATE PLACEMENT OF FLOW-THROUGH UNITS AND NON FLOW-THROUGH SHARES
The second and final tranche of Laurion's non-brokered private placement has closed, with 333,333 non flow-through shares issued at $0.21 per share for gross proceeds of approximately $70,000. Combined with the first tranche closed June 12, 2026 of 3,576,946 flow-through units at $0.26 per unit for approximately $930,006, total gross proceeds are approximately $1.0 million. Flow-through proceeds will fund the 2026 drill program at the Ishkōday property in Northern Ontario; final TSXV approval is pending.
FinancingLAURION ANNOUNCES CLOSING OF PRIVATE PLACEMENT OF FLOW-THROUGH UNITS AND NON FLOW-THROUGH SHARES
A non-brokered private placement has closed for aggregate gross proceeds of approximately $1 million, comprising 3,576,946 flow-through units at $0.26 and 333,333 non flow-through common shares at $0.21. Each FT Unit includes one warrant exercisable at $0.35 for 24 months; finders received $61,600.43 in cash and 236,922 warrants exercisable at $0.26 for 24 months. FT proceeds will fund the 2026 drill program at the Ishkōday project in Northern Ontario, with renunciation effective no later than December 31, 2026.
FinancingLAURION COMMENCES PHASE 1 DRILLING AT THE ISHKŌDAY GOLD PROJECT AND APPOINTS DR. TREVOR BOYD, PH.D., P.GEO. AS QUALIFIED PERSON
Phase 1 diamond drilling has begun at the wholly owned Ishkōday Gold and Polymetallic Project, 220 kilometres northeast of Thunder Bay, Ontario, with one rig mobilized to the A-Zone. The program comprises approximately 10 holes totalling about 3,175 metres, targeting infill drilling within the known A-Zone and McLeod Zone footprint plus new high-priority targets in the northeastern A-Zone corridor. Dr. Trevor Boyd, Ph.D., P.Geo., has been appointed Qualified Person, succeeding interim QP Pierre-Jean Lafleur, P.Eng.
Drill resultsLAURION ANNOUNCES PROPOSED PRIVATE PLACEMENT OF FLOW-THROUGH UNITS AND NON FLOW-THROUGH SHARES
A non-brokered private placement of up to approximately $1 million in gross proceeds is proposed, comprising flow-through units at $0.26 per unit and non flow-through common shares at $0.21 per share. Each FT Unit includes one flow-through share and one warrant exercisable at $0.35 for 24 months. Flow-through proceeds will fund Canadian exploration expenses on the 2026 drill program at the Ishkōday Project in Northern Ontario, with share proceeds for exploration and working capital. Closing is subject to TSX Venture Exchange approval, with a four-month-and-one-day hold period.
FinancingLAURION Retains SMARTIR Marketing Ltd. to Drive Investor Awareness Ahead of Active 2026 Exploration Program
A digital marketing consulting agreement dated May 8, 2026 has been signed with SMARTIR Marketing Ltd., an arm's length provider based in the UK and US, to handle digital advertising, social media, investor communications, content, website optimization and webinars for a six-month term. LAURION will pay CAD $30,000 per month, totalling CAD $180,000, with no securities issued and no performance-based compensation; either party may terminate on 45 days written notice. The engagement is subject to final TSX Venture Exchange approval.
CorporateLAURION ANNOUNCES VOTING RESULTS FOR ITS ANNUAL AND SPECIAL MEETING OF SHAREHOLDERS
All nominees listed in the March 5, 2026 management information circular were elected as directors at Laurion Mineral Exploration's annual and special meeting held April 15, 2026. Shareholders also approved fixing the number of directors at five, reappointing RSM LLP as auditors with directors authorized to set their remuneration, and renewing the company's rolling stock option plan, which remains subject to final TSX Venture Exchange approval.
CorporateLAURION 2026 STRATEGIC UPDATE FOR ISHKŌDAY: PROPOSED DUAL-DRILL PROGRAM, STOCKPILE GOLD RECOVERY INITIATIVE, AND PHASED PATH TO MINERAL RESOURCE ESTIMATE
A phased 2026 work program at the 100%-owned Ishkōday Gold Project, 220 km northeast of Thunder Bay, Ontario, proposes up to ~50,000 metres of drilling across the 6-kilometre corridor, subject to financing: Phase 1 in Q2 2026 with one rig at the A-Zone and Sturgeon River Mine Area, and Phase 2 adding a second rig to test nine undrilled IP targets. LAURION also plans a surface stockpile gold recovery program and PEA, an NI 43-101 MRE starting Q4 2026 with a Technical Report targeted for Q1 2027, and a shareholder meeting April 15, 2026.
Drill resultsLAURION Strengthens Team with Appointment of Capital Markets and Mining Specialist Sean Ghosal as Strategic Advisor
Sankarsan (Sean) Ghosal has been appointed a strategic advisor to Laurion Mineral Exploration as it advances its 100%-owned Ishkōday Gold-Polymetallic Project, a 57 km² land package in Ontario. Ghosal is currently an Associate on the Streaming & Royalties team at Sprott and previously worked in mining equity research at Stifel Financial, as well as in engineering and project development roles. Laurion has 278,716,413 common shares outstanding and is working toward a Mineral Resource Estimate.
ManagementLAURION Intersects High-Grade Gold and Polymetallic Mineralization in Drill Holes LBX25-101 and LBX25-102 at Ishkōday A-Zone Corridor
Assay results from drill holes LBX25-101 and LBX25-102 at the A-Zone/McLeod/CRK Zone of the Ishkōday Project in the Beardmore–Geraldton Greenstone Belt, north-western Ontario, returned 1.50 m @ 0.88 g/t Au, 13.60 g/t Ag, 0.24% Cu and 5.61% Zn from 159.20 m, including 0.50 m @ 2.06 g/t Au and 12.35% Zn, in LBX25-101. LBX25-102 returned 2.04 m @ 2.63 g/t Au from 205.96 m, including 1.00 m @ 5.14 g/t Au, and 0.50 m @ 3.89 g/t Au, 38.70 g/t Ag, 5.37% Zn from 45.00 m. The holes form part of a fall program of 1,821 metres in 8 holes.
Drill resultsLAURION Reports Wide Mineralized Zones and High-Grade Polymetallic Intercepts from LBX25-097 and LBX25-100, Advancing Structural Continuity at Ishkōday
Drill hole LBX25-097 at the A-Zone/McLeod/CRK Zone of the Ishkōday Project in the Beardmore–Geraldton Greenstone Belt of north-western Ontario returned 15.50 m at 0.617 g/t Au, 2.87 g/t Ag and 0.48% Zn from 135.50 m, including 7.70 m at 0.73 g/t Au, 4.76 g/t Ag, 0.78% Zn and 0.90 m at 4.35 g/t Au, 21.20 g/t Ag, 0.11% Cu, 4.22% Zn. LBX25-100 returned 0.80 m at 1.14 g/t Au from 169.00 m. The results come from an eight-hole, 1,821 m fall drill program.
Drill resultsLAURION Reports Additional High-Grade Gold, Silver and Zinc Intersections at Ishkōday A-Zone/McLeod/CRK Zones, Confirming Structural Continuity Along the Mineralized Corridor
Assay results from drill holes LBX25-098 and LBX25-099 at the A-Zone/McLeod/CRK Zone of the Ishkōday Project in the Beardmore–Geraldton Greenstone Belt, northwestern Ontario, include 1.50 m at 10.38 g/t Au, 15.73 g/t Ag and 0.70% Zn from 12.50 m, including 0.70 m at 22.10 g/t Au, and 1.00 m at 5.64 g/t Au from 139.00 m. LBX25-099 returned 8.15 m at 0.57 g/t Au, 12.23 g/t Ag and 0.89% Zn, including 0.75 m at 3.62 g/t Au, 57.20 g/t Ag and 5.22% Zn. The holes form part of a fall program of 1,821 metres in 8 holes.
Drill resultsLAURION Strengthens its Technical Leadership at Ishkoday with Appointment of Pierre-Jean Lafleur, P.Eng., as Qualified Person
Pierre-Jean Lafleur, P.Eng., has been appointed Qualified Person for Laurion Mineral Exploration, effective immediately, succeeding Jean-Philippe Paiement, P.Geo. Lafleur and structural-geophysicist Ali Ben Ayad will lead integration of geological, geophysical and drilling datasets to refine the A-Zone geological envelope and build 3D wireframes at the 100%-owned, 57 km² Ishkōday gold-polymetallic project in Ontario, with Vektore's Rogerio Monteiro providing structural interpretation and grade-vectoring for step-out targets. The Company is not providing timing guidance on an NI 43-101 mineral resource estimate or PEA.
ManagementLAURION Provides Strategic Update for 2026: Advancing Ishkōday Through Disciplined Execution
The principal focus for 2026 will be advancing the 100%-owned, 57 km² Ishkōday gold-polymetallic project in Ontario toward an NI 43-101 mineral resource estimate, followed by a preliminary economic assessment, based on advisor recommendations. The Special Committee and network of financial and strategic advisors established under the previously announced strategic review remain in place as a concurrent priority. Management will attend the Vancouver Resource Investment Conference in Vancouver on January 25-26, 2026. The Company has 278,716,413 common shares outstanding.
CorporateLAURION Intersects High-Grade Gold, Silver and Zinc at Ishkōday AZone/McLeod/CRK Zone, Confirming Structural Continuity Along Mineralized Corridor
Drilling at the A-Zone/McLeod/CRK Zone of the Ishkōday Project in the Beardmore-Geraldton Greenstone Belt, northwestern Ontario, returned 3.50 m at 1.40 g/t Au and 2.30% Zn from 162.50 m (including 0.70 m at 5.97 g/t Au, 18.4 g/t Ag and 10.8% Zn) and 4.50 m at 2.00 g/t Au, 5.75 g/t Ag and 1.22% Zn from 188.00 m in hole LBX25-095. Hole LBX25-096, 52 m east, cut 3.85 m at 1.92 g/t Au from 38.70 m, including 0.55 m at 9.59 g/t Au.
Drill results
202525 releases
LAURION ANNOUNCES CLOSING OF PRIVATE PLACEMENT OF FLOW-THROUGH UNITS
A non-brokered private placement closed with the issuance of 4,619,130 flow-through units at $0.33 per unit for gross proceeds of $1,524,313, each unit comprising one common share and one-half warrant exercisable at $0.39 for 24 months. Finders received $66,559 in cash commissions and 201,693 warrants exercisable at $0.33 for 24 months. Proceeds will fund the 2026 drill program on the Ishkõday property, targeting the A-Zone/McLeod and CRK Trend and the historic Sturgeon River Mine area.
FinancingLAURION ANNOUNCES PROPOSED PRIVATE PLACEMENT OF FLOW-THROUGH UNITS
A non-brokered flow-through private placement of up to approximately 4,848,485 FT Units at $0.33 per unit is proposed to raise up to approximately $1.6 million, with each unit comprising one flow-through common share and one-half warrant exercisable at $0.39 for 24 months. Proceeds will fund Canadian exploration expenses on the 2026 drill program at the 100% owned 57 km2 Ishkõday Project, targeting the A-Zone to McLeod and CRK corridor and Sturgeon River Mine area. Closing is expected on or about December 19, 2025, subject to TSXV approval.
FinancingLAURION Reports Multiple High-Grade Intercepts, Including15.35 g/t Au over 0.50 m (450.9–451.4 m), 7.30 g/t Au over 0.50 m (738.6–739.1 m), and a Broad 3.0 m Interval of 1.09 g/t Au (134.0–137.0 m)
Assays from the final four holes (LME25-067 to LME25-070, 1,716 m) of the 2025 drill program at the 100%-owned Ishkōday Project near Greenstone, Ontario returned 15.35 g/t Au over 0.5 m from 450.9 m, 7.30 g/t Au over 0.5 m from 738.6 m and 1.09 g/t Au over 3.0 m from 134.0 m in LME25-069, plus 11.40 g/t Au over 0.7 m from 235.6 m in LME25-067. True widths are not known. The 15-hole, 7,586 m program brings cumulative drilling to 99,834 m in 470 holes.
Drill resultsLAURION Extends Drilling into Untested Ground Linking Brenbar and Sturgeon River Mine Corridors at Ishkōday
Results from four drill holes totalling 1,806 m at the 100%-owned Ishkōday Project, 220 km northeast of Thunder Bay in Greenstone, Ontario, returned 0.7 m @ 2.67 g/t Au from 139.50 m in LME25-063, 1.80 m @ 0.95 g/t Au from 149.60 m (including 0.80 m @ 1.90 g/t Au) in LME25-065, and 0.7 m @ 2.42 g/t Au from 389.0 m in LME25-066. The holes, part of the 7,700-metre Summer 2025 program, tested the northeast extension of the historic Brenbar Mine and the untested M50 quartz vein series.
Drill resultsLAURION Broadens Advisor Network and Issues Stock Options to First Nations under Amended Exploration Agreement as Ishkõday Exploration Progresses
An aggregate of 750,000 stock options, 250,000 to each of the Animbiigoo Zaagi'igan Anishinaabek, Bingwi Neyaashi Anishinaabek and Biinjitiwaabik Zaaging Anishinaabek First Nations, has been authorized under an amendment to the Exploration Agreement, exercisable at $0.38 per common share, vesting immediately and exercisable for five years from the grant date, subject to TSX Venture Exchange acceptance.
CorporateLAURION Starts Defining Gold Mineralization North and Northeast of the Brenbar Shaft, Highlighting 2.68 g/t Au over 1.05 m from 117.6 m to 118.65 m
Drill results from two holes totalling 954 m at the historic Brenbar Mine area of the 100%-owned Ishkõday Project, 220 km northeast of Thunder Bay in Greenstone, Ontario, stepped out north and northeast of the historic shaft. LME25-062 returned 2.68 g/t Au over 1.05 m from 117.6 m, including 5.18 g/t Au over 0.5 m, plus 1.63 g/t Au over 1.10 m from 454.4 m; LME25-061 returned 0.88 g/t Au over 2.25 m from 213.85 m. Holes form part of a 7,700-metre Summer 2025 program.
Drill resultsLAURION Launches 1,700-Metre Follow-Up Drill Program to Delineate and Expand Near-Surface Gold and Base-Metal Zones at Ishkōday
A 1,700-metre diamond drill program is starting in late October 2025 at the 100%-owned Ishkōday Project, about 220 km northeast of Thunder Bay near Greenstone, Ontario, targeting previously reported gold and base-metal zones in the A-Zone and McLeod Zone. Prior intercepts cited include 2.62 m @ 11.98 g/t Au, 12.84 m @ 3.31 g/t Au, and 63.93 m @ 0.58 g/t Au, 6.10 g/t Ag and 1.92% Zn. For 2026, LAURION plans a 7,000–10,000 metre multi-phase campaign.
Drill resultsLAURION Announces Frankfurt Stock Exchange Listing and Corporate Awareness Agreements
Laurion Mineral Exploration's common shares have been accepted for listing on the Frankfurt Stock Exchange under the symbol 5YD, cross-listing them alongside the TSX Venture Exchange. The company engaged Apaton Finance GmbH of Hannover, Germany for a three-month term effective October 23, 2025 for a one-time upfront payment of EUR 25,500, and Dig Media Inc. (Investing News Network) for a six-month term effective October 22, 2025 for CAD $22,775 upfront, with no equity consideration and subject to TSXV approval.
CorporateLAURION Announces Incentive Stock Option Grant
Stock options on up to 250,000 common shares at C$0.35 per share with a five-year term have been granted to investor relations consultant Douglas Vass, vesting one-third on each annual anniversary of the grant. The grant remains subject to TSX Venture Exchange approval under Policy 3.4. Laurion has 274,097,283 shares outstanding and its flagship asset is the 100% owned 57 km2 Ishkōday Project.
CorporateLAURION Reports 32.47 g/t Gold Over 1.90 m, including 67.8 g/t Gold Over 0.90 m in Channel Sample at Twin Falls, Ishkōday Project
Channel sampling at the Cyril Knight Showing at Twin Falls, northwest of the historic Sturgeon River Mine on the Ishkōday Project near Greenstone, Ontario, returned 32.47 g/t Au over 1.90 m, including 67.80 g/t Au over 0.90 m (CK-L49), 19.90 g/t Au over 0.50 m (CK-L55) and 2.43 g/t Au over 1.05 m, including 4.41 g/t Au over 0.55 m (CK-L51). It is the first modern channel sampling program at the showing, following stripping and pressure-washing of the outcrop in 2025.
Drill resultsLAURION Unlocks High-Grade Gold up to 16.00 g/t in West Vein Systems of the Sturgeon River Mine Area
Drilling west of the Sturgeon River Mine area at the 100%-owned Ishkõday Project near Greenstone, Ontario returned 0.50 m grading 16.00 g/t Au and 8.20 g/t Ag from 275.30 m and 0.50 m at 9.79 g/t Au in hole LME25-059, while LME25-058 returned 0.75 m at 3.13 g/t Au and 23.90 g/t Ag from 189.25 m and 2.00 m at 1.81 g/t Au with 0.19% Cu from 205.00 m. About 93% of the 7,700-metre 2025 program is complete; assay turnaround is running about eight weeks.
Drill resultsLAURION Strengthens Its Board With Appointment of Vikram Jayaraman as a New Director
Vikram Jayaraman, MBA, M.Eng., has been appointed to the board of directors of LAURION Mineral Exploration, effective immediately; he has served on the company's Technical Advisory Board since December 2022 and is Senior Vice President, Advisory and Operations – North America for DRA Global. Subject to TSX Venture Exchange approval, he will be granted incentive stock options for 250,000 common shares at $0.35 per share, exercisable for five years and subject to vesting. LAURION has 274,097,283 shares outstanding.
ManagementLAURION Expands Advisor Network and Advances Ishkõday Drilling Campaign
Three additional non-exclusive advisory teams have been retained, joining US Capital Global Partners LLC and Oak Hill Financial Inc., as part of a network to explore strategic alternatives and broaden investor access. At the 57 km² Ishkõday Project, 220 km northeast of Thunder Bay, Ontario, about 85% of the 7,000 m diamond drill program launched in late May has been completed, with two holes remaining; assays from the first three holes included 9.16 g/t Au over 0.80 m at Sturgeon River, and partial fourth-hole results are pending.
ManagementLAURION Intersects 9.16 g/t Gold over 0.80 Metres and Releases Results for the First Three Drill Holes at Sturgeon River Mine Area
Drilling at the Sturgeon River Mine area of the Ishkõday Project, 220 km northeast of Thunder Bay, Ontario, returned 9.16 g/t gold over 0.80 m from 272.70 m, 3.16 g/t over 1.00 m from 583.80 m and 3.13 g/t over 1.00 m from 379.00 m in hole LME25-060, plus 3.07 g/t over 0.50 m and 3.03 g/t over 0.60 m in LME25-056. The first three holes totalled 2,151 metres within a 7,000-metre campaign that began in mid-May.
Drill resultsLAURION Announces the Completion of 3D DCIP and MT Inversions, Unlocking Deeper Structural Insights at Ishkōday Project
A 3D magnetotelluric inversion has been completed over the 57 km² Ishkōday Project in Ontario, producing a resistivity model to depths of up to 2.5 km that correlates with known shear zones and faults, including the Niish shear zone, and identifies previously undetected deep-seated structures. Results will be integrated with historical drilling, LiDAR, magnetics and DCIP data to guide deeper drill targeting. A 7,000-metre drill program is in progress, with assays to follow. Discussions with U.S. Capital Global Partners on strategic alternatives continue.
Drill resultsLAURION Announces Recent Exercise of Stock Options by Covello and Biloski in Support of the Corporation
Director John Covello exercised 367,379 stock options and Technical Advisor Scott Biloski exercised 150,000 options, both at $0.17 per share, for total investments of approximately $88,000. Covello's options were exercised in full prior to expiry and will be reported on SEDI. Laurion now has 274,012,283 shares outstanding, approximately 73.6% held by insiders, and says it is exploring opportunities including divestitures or other possible significant transactions relating to its 57 km2 Ishkōday Project.
FinancingLAURION Announces Engagement of Oak Hill Financial for Investor Relations and Capital Markets Advisory Services
Oak Hill Financial Inc. has been engaged to provide investor relations and capital markets advisory services to LAURION Mineral Exploration, under an agreement effective June 2, 2025 to June 30, 2025, extendable month-to-month at LAURION's discretion. Compensation is a cash advisory fee of $10,000 (plus HST) on the effective date and an additional $10,000 (plus HST) monthly if extended, plus 250,000 stock options at $0.40 per share vesting 25% every three months over 12 months. The engagement and option grant are subject to TSXV approval.
CorporateLAURION Commences 2025 Drill Program at Ishkōday and Reaffirms Strategic Relationship with US Capital Global
Drilling has begun on the 2025 diamond drill program at the 100%-owned Ishkōday Project, 220 km northeast of Thunder Bay, northwestern Ontario, with approximately 7,000 metres planned targeting gold-bearing veins and broader mineralized systems at the historic Brenbar Mine and the Sturgeon River Mine corridor. It is the first phase of a multi-year plan working toward a future mineral resource estimate. LAURION also reaffirmed its strategic engagement with US Capital Global Partners LLC, ongoing since 2023, with no prescribed timeline.
Drill resultsLAURION Initiates 2025 Drill Campaign at Ishkoday with a 7,000 m Program to Target Gold-Bearing Veins at Brenbar and Sturgeon River Mine
An approximately 7,000 metre diamond drill program will begin in the last week of May at the 100%-owned Ishkoday Project, 220 km north of Thunder Bay, northwestern Ontario, targeting the historic Brenbar Mine area and the Sturgeon River Mine corridor. Brenbar follow-up targets historical intercepts including 69.1 g/t gold over 0.3 m and 20.9 g/t gold over 1.0 m in BB10-19. Recently completed 2D DCIP and magnetotelluric surveys mapped resistivity and chargeability contrasts to depths of up to 1,000 m.
Drill resultsLAURION Celebrates 65 Years on the TSX Venture Exchange – Honouring the Past, Advancing the Future
A 65-year continuous listing milestone on the TSX Venture Exchange is marked, dating to an original listing on April 17, 1945. At the 100%-owned 57 km² Ishkõday Project near Beardmore, Ontario, 447 diamond drill holes totaling 90,358 metres have delineated over 22 mineralized structures in a 6 km x 1.8 km corridor; the October 26, 2023 NI 43-101 report outlined exploration potential of 22.5 to 45 million tonnes at 0.11 g/t to 8.67 g/t gold. An Advanced Exploration Permit and a strategic review with US Capital Global are advancing.
CorporateBuilding Momentum: LAURION Provides Corporate and Strategic Update, and Outlines Exploration Roadmap
A 7,000 metre drill program is planned for 2025 at the Ishkõday Project, 220 km northeast of Thunder Bay in Greenstone, Ontario, targeting the Sturgeon River Mine, the Brenbar Mine 1.8 km west, and the M24, M25 and 85 Zones. LAURION raised over $4.2 million in 2024, funding the season, and its 3D model defines over 22 mineralized structures in a 1.8 km corridor. A strategic review led by US Capital Global is evaluating potential acquirers and institutional investors.
CorporateLAURION Announces Successful Collaboration in an Exploration Agreement with First Nation Partners on Ishkõday Project
An Exploration Agreement has been signed with Animbiigoo Zaagi'igan Anishinaabek, Biinjitiwaabik Zaaging Anishinaabek and Bingwi Neyaashi Anishinaabek covering expanded exploration at Laurion Mineral Exploration's 100%-owned 57 km² Ishkõday Project, 28 km northeast of Beardmore and 220 km northeast of Thunder Bay, Ontario. The agreement sets a framework for consultation, environmental management, and employment, education and training opportunities for First Nations members, and is described as a step toward a future Impact Benefit Agreement.
CorporateLAURION Announces Voting Results For its Annual and Special Meeting of Shareholders
All director nominees listed in the January 3, 2025 management information circular were elected at Laurion Mineral Exploration's Annual and Special Meeting of Shareholders held February 13, 2025. Shareholders also reappointed RSM LLP as auditors, authorized directors to fix their remuneration, and approved the renewal of the Corporation's rolling stock option plan, which remains subject to final TSX Venture Exchange approval. Laurion has 273,494,904 outstanding shares and holds the 100% owned 57 km2 Ishkõday Project.
CorporateLAURION Announces DCIP and Magnetotellurics Geophysical Survey to Commence in March 2025
A contract has been signed with Quantec Geoscience Ltd. for a deep-penetrating Titan DCIP and magnetotellurics survey at the Ishkõday Project in Ontario, starting March 2025 and focused on the Sturgeon River Mine and Brenbar Mine areas. The survey covers approximately 26.4 kilometres over 11 lines, imaging to depths of 1.5 to 2.0 kilometres, with about 26 days of fieldwork and results and interpretations expected by mid-2025.
Drill resultsLAURION Announces High-Grade Gold Intercepts of 5.25 m grading 7.29 g/t Au, including 0.50 m grading 68.50 g/t Au, and 1.95 m grading 2.370 g/t Au, including 0.95 m @ 4.50 g/t Au in the 2024 Fall Dril
Final three holes from the 2024 Fall drill campaign at the Ishkõday Project, 220 km northeast of Thunder Bay in Greenstone, Ontario, returned 5.25 m grading 7.29 g/t Au, including 0.50 m at 68.50 g/t Au, in LME24-052; LME24-050 returned 1.95 m at 2.37 g/t Au, including 0.95 m at 4.50 g/t Au, and 0.50 m at 11.25 g/t Au; LME24-054 returned 1.20 m at 3.11 g/t Au. The program totaled 3,291 metres in 7 holes and extended the Sturgeon River Mine Corridor strike length from 900 m to 1,100 m.
Drill results
202420 releases
LAURION Announces Drill Intercepts of 37.70 g/t Gold over 0.50 m, 6.60 g/t Gold over 1.00 m and 2.075 g/t Gold over 3.50 m at Ishkõday Project
Results from the first four holes of the 2024 Fall drilling campaign at the Ishkõday Project, 220 km northeast of Thunder Bay in Greenstone, Ontario, include 1.20 m grading 17.47 g/t Au, including 0.50 m at 37.70 g/t Au from 55.80 m in LME24-055, and 3.50 m at 2.08 g/t Au, including 1.00 m at 6.60 g/t Au from 711.00 m in LME24-049. The campaign totalled 3,291 metres in 7 holes, targeting previously undrilled areas northeast of the Sturgeon River Mine shaft.
Drill resultsLAURION Mineral Exploration Inc. Announces 2025 Annual and Special Meeting of Shareholders
LAURION Mineral Exploration will hold its Annual and Special Meeting of shareholders on Thursday, February 13, 2025 at 12:00 PM (Pacific Time) in the Ocean Room at the Victoria International Marina in Victoria, British Columbia, followed by a corporate update. Business includes the election of directors, reappointment of RSM Canada LLP as auditors, and renewal of the rolling stock option plan. Shareholders of record as of December 31, 2024 are entitled to vote, with materials delivered under Notice and Access.
CorporateLAURION Announces Closing of Private Placement of Flow-Through Shares
A non-brokered private placement of 5,673,169 flow-through shares at $0.46 per share closed for gross proceeds of $2,609,658, to be spent on Canadian exploration expenses renounced with an effective date no later than December 31, 2024. Finder Mine Equities Ltd. received $128,000 in cash commission, representing 5.0% of proceeds it solicited. The securities are subject to a hold period expiring February 23, 2025, and the placement remains subject to final TSX Venture Exchange approval.
FinancingLAURION Announces Proposed Non-Brokered Private Placement of Flow-Through Shares
A non-brokered flow-through private placement of up to approximately 5,869,566 shares at $0.46 each for gross proceeds of up to approximately $2.7 million is proposed, with subscription agreements accepted to date totalling approximately $2,609,000. Proceeds will fund Canadian exploration expenses at the 100%-owned 57 km2 Ishkõday Project, renounced effective no later than December 31, 2024. Closing is expected on or about October 22, 2024, subject to TSX Venture Exchange approval, with finders' fees payable in cash.
FinancingLAURION Announces President and CEO’s Increased Stake in the Corporation and Provides Strategic Update
President and CEO Cynthia Le Sueur-Aquin has exercised 750,000 stock options since May 3, 2024 — 500,000 at $0.17 and 250,000 at $0.23 — a total investment of $142,500, bringing her direct and indirect holdings to 17,221,306 common shares, making her LAURION's largest shareholder. The company also outlined plans to continue exploration and drilling at its 100%-owned 57 km2 Ishkõday Project in Ontario through 2024 and 2025, and said it is exploring partnerships, divestitures or other potential significant transactions.
CorporateLAURION Launches Fall 2024 Drilling Program at Ishkõday Project to Expand on High-Grade Grab and Channel Sample Discoveries
A Fall 2024 drilling program is set to begin in mid-October at the Ishkõday Project, 220 km northeast of Thunder Bay, Ontario, with drilling by Forage GeoNord of Dolbeau-Mistassini, Quebec, targeting the Sturgeon River Mine West and the 85M, M21, M24, M25, M6 and M50 quartz vein systems. Earlier 2024 results include West SRM grab samples of 73.20, 61.50 and 53.90 g/t Au, and 85A channel samples of 24.9 g/t Au over 0.65 m and 21.0 g/t Au over 0.75 m.
Drill resultsLAURION Reports Promising Summer 2024 Results: Channel Samples Yielding up to 24.9 g/t Au across 0.65 m and Grab Samples Yielding up to 73.2 g/t Au
Channel and grab sample results from the Summer 2024 field program at the Ishkõday Project, 220 km northeast of Thunder Bay, Ontario, returned up to 24.9 g/t Au over 0.65 m at 85A L15, 21.0 g/t Au over 0.75 m at 85A L20, and 5.91 g/t Au over 1.04 m at Ziibi L24. Grab samples from the 10.46 km² Twin Falls property assayed up to 73.20 g/t Au and 61.50 g/t Au, with one sample at 4.53 g/t Au. The program included trenching, power washing, channel sampling and mapping.
Drill resultsLAURION Announces Next Steps with a Leading Financial Advisor to Explore Strategic Opportunities
An engagement letter has been signed with a financial advisory firm that will continue as LAURION's lead advisor in exploring potential strategic transactions, identifying and introducing third parties for possible M&A and/or investment opportunities. The firm completed due diligence on LAURION over the past year. The move follows the Corporation's August 24, 2023 establishment of a Special Committee for a strategic review and the February 15, 2024 completion of an NI 43-101 technical report on the Ishkoday Gold Project in Northern Ontario.
NewsLAURION’s Sturgeon River Mine Drilling Continues to Confirm Mineralization with Grade Intercepts as High as 20.19 g/t Au Over 1.30 Metres, Including 52.3 g/t Au Over 0.5 Metres and 25.0 g/t Au Over 0.
Drill holes LME24-046 to LME24-048 at the Sturgeon River Mine area of the Ishkõday Project, 220 km northeast of Thunder Bay, Ontario, returned intercepts including 1.30 metres at 20.19 g/t Au from 505.20 metres (including 0.50 metres at 52.30 g/t Au), 0.50 metres at 25.90 g/t Au, 2.00 metres at 2.73 g/t Au and 10.25 metres at 0.49 g/t Au. The Spring 2024 diamond drill program totalled 4,289 metres. A prospecting program is underway west of the Sturgeon River Mine shaft and the Brenbar Mine areas.
Drill resultsLAURION Announces 2024 Field Exploration Plans and Updates on Ishkõday Project
The Spring 2024 diamond drill program at the Ishkõday Project, 220 km northeast of Thunder Bay, Ontario, has been completed with 4,289 metres drilled; assays for holes LME24-041 to LME24-045 have been reported, while results for LME24-046 to LME24-048 remain pending. Summer field work began mid-May at the Ziibi Zone with power washing, channel sampling and mapping, followed by the Twin Falls Project, where KBM Resources Group flew high-resolution imagery and LiDAR over 10 km². Prospecting is also planned near the Sturgeon River Mine shaft and Brenbar Mine area.
Drill resultsLAURION Confirms Continuous Sturgeon River Mine Mineralization: Highlights Include 2.23 g/t Au over 8.40 m, including 1.00 m at 15.37 g/t Au at the Ishkõday Project
Assay results from the second batch of the 2024 diamond drill program at the Ishkõday Project, 220 km northeast of Thunder Bay, Ontario, returned 2.23 g/t Au over 8.40 m from 86.90 m, including 1.00 m at 15.37 g/t Au, plus 0.70 m at 30.00 g/t Au from 423.00 m, in hole LME24-044. LME24-045 returned 1.00 m at 1.28 g/t Au from 51.00 m. The holes were collared 204 m and 157 m northeast of the Sturgeon River Mine Shaft; LME24-045 stopped short of the No. 3 vein at 252 m due to ground conditions.
Drill resultsLAURION's President and CEO Announces Intention to Exercise Stock Options, Demonstrating Confidence in LAURION's Future
CEO and President Cynthia Le Sueur-Aquin intends to exercise 750,000 Laurion stock options ahead of expiry: 500,000 at $0.17 per share expiring June 2, 2025, and 250,000 at $0.23 per share expiring December 14, 2025, held indirectly through AquinTerra Inc., for a total of $142,500. She intends to hold the resulting common shares for investment purposes. Laurion has 267,071,735 shares outstanding and holds the 57.43 km2 Ishkõday Project.
CorporateLAURION Releases Initial Assay Results of the 2024 Drilling Program, Confirming the Existing Mineralization Model and Identifying 3 New Mineralized Zones at the Ishkõday Project
Assay results from the first three holes of the 2024 diamond drilling program at the Ishkõday Project in Ontario's Beardmore-Geraldton Greenstone Belt, drilled 458 metres northeast of the Sturgeon River Mine Shaft, confirmed seven known mineralized structures and identified new intermediate structures within the stacked system. Intercepts range from 0.5 m to 7.65 m along core, with grades up to 4.23 g/t Au. Results include 7.00 m at 2.667 g/t Au from 162.00 m in LME24-043 and 0.50 m at 7.99 g/t Au in LME24-042.
Drill resultsLAURION Annouces Closing of Private Placement of Flow-Through Shares
A non-brokered private placement of 3,725,633 flow-through shares at $0.45 per share has closed for gross proceeds of $1,676,535, to be used for Canadian exploration expenses renounced with an effective date no later than December 31, 2024. Mine Equities Ltd. received $75,000 as a cash finder's commission, and the securities are subject to a hold period expiring August 13, 2024. Final TSX Venture Exchange approval is still pending. LAURION has 267,071,735 shares outstanding.
FinancingLAURION Unveils 2024 Exploration Program for Ishkoday Property, Enhancing Focus on Sturgeon River Mineralized Structures
A 2024 exploration program is planned for the Ishkoday Property, 28 km northeast of Beardmore, Ontario, including two drilling campaigns totalling 6,500 metres by Forage GeoNord, with the first starting early March 2024 targeting grade and tonnage around the Sturgeon River Mine shaft. A prospecting, mechanical trenching, channel sampling and mapping program begins June 2024, and KBM Resources Group will fly high-resolution imagery and LiDAR over 10 km² at Twin Falls, mobilizing late May 2024.
Drill resultsLAURION Completes NI 43-101 Technical Report Mineral Property of Merit: Exploration Milestones on Ishkoday Property
An independent NI 43-101 technical report on the Ishkoday Gold Project near Beardmore, 220 km northeast of Thunder Bay, Ontario, prepared by SGS Geological Services with an effective date of October 26, 2023, has been filed on SEDAR+. The report designates Ishkoday a Property of Merit and cites exploration potential of 22.5 to 45 Mt at average grades of 0.11 g/t Au to 8.67 g/t Au. LAURION set a C$2.88 million 2024 program including about 6,500 m of drilling.
Study resultsLAURION Engages Douglas Vass for Investor Relations Services
Assay results from the final four diamond drill holes (LME23-037 to LME23-040) of the Fall 2023 program at the Ishkoday Project, Ontario, 220 km northeast of Thunder Bay, extended Sturgeon River Mine mineralization to the southeast. Intercepts include 3.610 g/t Au over 7.95 m in LME23-040, including 36.600 g/t Au over 0.50 m, and 6.347 g/t Au over 1.60 m in LME23-037. The program totalled 3,636 metres in nine holes; mineralization remains open on strike and at depth. Director Michael Burmi intends to sell a minority portion of his shares.
CorporateLAURION Publishes Maiden Environmental, Social and Governance (ESG) Report for 2023
A maiden Environmental, Social and Governance report for 2023 has been published by LAURION Mineral Exploration and is available on the company website. The report covers the company's exploration activities, including its 100% owned 57.43 km2 Ishkoday Project in Ontario, located on the traditional territories of the Animbiigoo Zaagi'igan Anishinaabek, Biinjitiwaabik Zaaging Anishinaabek and Bingwi Neyaashi Anishinaabek First Nations. LAURION partnered with ESG reporting technology company ONYEN Corporation on the benchmarking.
CorporateLAURION’s 2023 Drilling Campaign Successfully Defines the Sturgeon River Mineralized System over A Strike Length of 1,600m and to Depth of 600m
The 2023 drilling campaign at the Ishkoday project, 220km northeast of Thunder Bay, Ontario, confirmed the Sturgeon River mineralized system over a 1,600m strike length and to 600m depth, with nine drill holes intercepting all seven veins. Intercepts range from 0.5m to 7.95m true width at grades of 0.1 g/t Au to 7.78 g/t Au. Mineralization was extended 600 metres northeast, including 29.45 g/t Au over 3.5 metres, and 320 metres southeast, including 3.088 g/t Au over 7.5 metres.
Drill resultsLAURION Confirms the Extension of the Sturgeon River Mine Mineralization by 600 Metres to the Northeast With Grade Intercepts as High as 29.45 g/t Au Over 3.5 Metres, Including 186.00 g/t Au Over 0.55
Assays from the first five holes of the Fall 2023 drill program at the Ishkoday Project in Ontario, 220 km northeast of Thunder Bay, extend the Sturgeon River Mine mineralization 600 metres to the northeast. LME23-032 returned 29.5 g/t Au over 3.50 m, including 186.00 g/t Au over 0.55 m; LME23-034 returned 12.89 g/t Au over 2.0 m and LME23-036 7.38 g/t Au over 1.2 m. The program totalled 3,636 metres in nine holes.
Drill results
20232 releases
LAURION Announces the Successful Conclusion of its 2023 Exploration Program and the Completion of its Drilling Program
The fall diamond drilling program at the Ishkoday Project in Ontario has been completed, totalling 3,636 metres in 9 holes targeting the northeast and southwest extensions of the Sturgeon River Mine structure and its No. 1, 2 and 3 quartz veins. All core has been submitted to ALS Global Laboratories in Thunder Bay, with final assay results expected in January 2024. For 2024, Laurion plans a two-phase program of about 3,000 metres of winter drilling and 3,500 metres in the fall, plus prospecting, trenching and channel sampling.
Drill resultsLAURION Announces Annual and Special Meeting to be Held on November 15, 2023 and Provides Corporate Update
An Annual and Special Meeting will be held on November 15, 2023 at 12:00 p.m. Eastern time, with a record date of October 5, 2023, to set the board at three directors, elect directors, reappoint RSM LLP as auditors and ratify the rolling stock option plan; Nick Ierfino resigned effective September 30, 2023 and will not stand for re-election. The 2023 autumn drilling campaign of approximately 3,675 metres of NQ drilling has commenced, targeting the northeast extension of the Sturgeon River Mine structure at the Ishkoday Project, 220 km northeast of Thunder Bay, Ontario.
Corporate
20221 release
LAURION Announces Annual And Special Meeting To Be Held On September 28, 2022 And Provides Corporate Update
An Annual and Special Meeting of shareholders will be held virtually on Wednesday, September 28, 2022 at 12:00 p.m. Eastern time, with a corporate update at approximately 12:30 p.m.; the record date is August 19, 2022. A drill program has been completed at the wholly-owned 47 km2 Ishkoday Project in Ontario, with assays pending for 21 drill holes testing continuity between the southwestern A-Zone and the McLeod Zone along a 6 km Au-Zn-Cu-Ag trend. Hand stripping, channel sampling and mapping are underway.
Corporate