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

(TheNewswire)

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) 

  • Including 7.70m @ 0.73 g/t Au, 4.76 g/t Ag, 0.78% Zn (135.50-143.20 m) 

  • Including 0.90m @ 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 hostinglocalized 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 – TheNewswire - LAURION Mineral Exploration Inc. (TSX-V:LME | OTCQB: LMEFF | FSE: 5YD) (“LAURION” or the“Company”) reports assay results from drillholes LBX25-097 and LBX25-100from the Company’s recent Fall diamond drillingprogram totalling 1,821 metres completed in 8 drill holes at theA-Zone/McLeod/CRK Zone at the Ishk?day Project, located in theBeardmore–Geraldton Greenstone Belt of north-western Ontario,approximately 220 kilometres northeast of Thunder Bay.

Drill holes LBX25-097 and LBX25-100 weredesigned to support targeted infill drilling and improve geologicalconfidence within the northeastern A-Zone, confirming mineralizedhorizons interpreted to run sub-parallel to the main trend. The drillprogram also followed-up on historical drilling and more recentLAURION drilling that intersected a broad anomalous gold zone withlocalized higher-grade mineralization, helping to refine theCompany’s understanding of the system and guide more precise futuretargeting.

“The A-Zone remains one of ourpriorities as we focus on creating value through targeted, technicallydriven drilling,” said Cynthia Le Sueur-Aquin,President and CEO of LAURION.“Our objective is to systematically strengthen geologicalconfidence, refine our understanding of mineralization, and advancethe technical foundation necessary to support future resourcedefinition. Every well-planned hole moves the project forward andenhances our ability to unlock Ishk?day’s broaderpotential.”

Geological Context and Proximal DrillResults

Historical and proximal drilling within the A-Zonedemonstrated consistent gold-silver-zinc mineralization acrossmultiple drill holes, supporting geological continuity within thisportion of the system.

• LBX12-002 intersected3.0 m grading1.88 g/t Au and 4.5 m grading 1.02 g/tAu, including 4.5 m grading 1.02 g/t Au,2.8 g/t Ag and 1.03% Zn (86.5–91.0m). 

• Historic drill hole92-64 returned 4.30 m @ 4.89 g/t Au, 8.0g/t Ag and 1.00% Zn (45.8–49.3 m). 

• Historic drill hole92-65 intersected multiple mineralizedintervals 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 and1.21% Zn, confirming the presence oflocally high-grade zones.  

• LBX12-007 intersected a broadmineralized zone containing narrower higher-grade intervals, including1.0 m @ 7.38g/t Au (103–104 m), within a silicifiedhorizon below the main mineralized zone.1 

Collectively, these results reinforce the interpretedcontinuity of polymetallic mineralization within the A-Zone andprovide a strong geological framework for ongoing targeteddrilling.

Readers are cautioned that the proximity of drill holesdoes not imply continuity of mineralization and that true widths inthe cases of historic drilling are currently unknown.

Mineralization of the A-Zone

Mineralization at the A-Zone/McLeod and CRK Zone, ispart of a large hydrothermal system — essentially a network ofmineral-rich fluids that moved through the rocks during ancientvolcanic activity. As these fluids cooled, they deposited gold,silver, zinc, copper and other metals within the surroundingrock.

Importantly, the metals are not confined to a singlenarrow vein. Instead, they occur across broader zones that includemultiple veins, fine stringers of mineralization, and areas wheresulfide minerals are more concentrated. These zones are surrounded bylarge areas of altered rock, a key geological indicator thatmineralizing fluids were active across a wide footprint. As drillingand geological modelling continue, LAURION is gaining a clearerunderstanding of the size, shape, and direction of these mineralizedzones — helping the Company to continue to target future drillingmore precisely and advance the Ishk?day Project with growingconfidence.

TABLE OF ASSAYS FOR DRILL HOLESLBX25-097 AND LBX25-100

NOTE: Intervals represent core length. The intervalwidths reported are down-hole widths. The true widths of themineralized zones are not known at this time as there is insufficientinformation to determine the orientation of the mineralization.

Sampling and QA/QC Protocols

All drill core is transported and stored inside thecore facility located at the Ishk?day Project in Greenstone, Ontario.LAURION employs an industry standard system of external standards,blanks and duplicates for all of its sampling, in addition to theQA/QC protocol employed by the laboratory. After logging, core sampleswere identified and then cut in half along core axis in the samebuilding and then zip tied individually in plastic sample bags with abar code. Approximately five or six of these individual bags were thenstacked into a “rice” white material bag and stored on a skid forfinal shipment to the laboratory. All core samples were shipped to theALS facility in Thunder Bay, Ontario, which werethen prepared by ALS Global Geochemistry in Thunder Bay and analyzedby ALS Global Analytical Lab in North Vancouver, British Columbia.Samples are processed by 4-acid digestion and analyzed by fire assayon 50 g pulps and ICP-AES (Inductively Coupled Plasma – AtomicEmission Spectroscopy). Over limit analyses are reprocessed withgravimetric finish. A total of 5% blanks and 5% standard are insertedrandomly within all samples. 5% of the best assay result pulps weresent for re-assays. All QA/QC were verified, and no contamination orbias have been observed. The remaining half of the core, as well asthe unsampled core, is stored in temporary core racks at the corelogging facility in Beardmore and moved to the core storage facilityat the Ishk?day Project. Note: QA/QC review of standards andduplicates indicates analytical results are reliable. One zincstandard adjacent to a high-grade zinc interval returned elevatedvalues consistent with expected analytical behaviour followinghigh-grade samples.

Qualified Person

The technical contents of this release were reviewedand approved by Pierre-Jean-Lafleur P. Eng, a consultant to LAURIONand a Qualified Person as defined by National Instrument 43-101 –Standards of Disclosure forMineral Projects.

About LAURION Mineral ExplorationInc.

LAURION Mineral Exploration Inc. is a mid-stage juniormineral exploration company listed on the TSX Venture Exchange underthe symbol LME and on the OTC Pink market under the symbol LMEFF. TheCompany currently has 278,716,413 common shares outstanding, withapproximately 73.6% held by insiders and long-term “Friends andFamily” investors, reflecting strong alignment between management,the Board, and shareholders.

LAURION’s primary focus is the 100%-owned,district-scale Ishk?day Project, a 57 km² land package hostinggold-rich polymetallic mineralization. The Company is advancingIshk?day through a disciplined, milestone-driven exploration strategyfocused on strengthening geological confidence, defining structuralcontinuity.

LAURION’s strategy iscentered on deliberate value creation. The Company is prioritizingsystematic technical advancement, integrated geological and structuralmodeling, and the evaluation of optional, non-dilutive pathways,including historical surface stockpile processing, that may supportflexibility in LAURION’s exploration plans without diverting theCompany’s focus from its core exploration objectives.

The Company’s overarching objective is to buildproject value before monetization, ensuring that any future strategicoutcomes are supported by technical clarity, reduced execution risk,and demonstrated scale. While the Board remains attentive to strategicinterest that may arise, LAURION is not driven by transaction timing.Instead, the Company is focused on advancing the Ishk?day Project ina manner that strengthens long-term shareholder value.

LAURION will continue to communicate updates throughtimely disclosure and will issue press releases in accordance withapplicable securities laws should any material informationarise.

FOR FURTHER INFORMATION,CONTACT:

LAURION Mineral Exploration Inc.

Cynthia Le Sueur-Aquin – President and CEO

Tel: 1-705-788-9186 Fax: 1-705-805-9256

Douglas Vass - Investor Relations Consultant

Email: info@laurion.ca

Website: http://www.LAURION.ca

Follow us on: X (@LAURION_LME), Instagram (laurionmineral) andLinkedIn ()

Caution Regarding Forward-LookingInformation

This press release contains forward-looking statements,which reflect the Company’s current expectations regarding futureevents including with respect to LAURION's business, operationsand condition, management's objectives, strategies, beliefs andintentions, the Company’s ability to advance the Ishk?day Project,the nature, focus, timing and potential results of the Company’sexploration, drilling and prospecting activities, including theCompany’s diamond drill program referenced in this press release andthe Company’s other planned activities for the Ishk?day Project forthe remainder of 2026, and the statements regarding the Company’sexploration or consideration of any possible strategic alternativesand transactional opportunities, as well as the potential outcome(s)of this process, the possible impact of any potential transactionsreferenced herein on the Company or any of its stakeholders, and theability of the Company to identify and complete any potentialacquisitions, mergers, financings or other transactions referencedherein, and the timing of any such transactions. The forward-lookingstatements involve risks and uncertainties. Actual events and futureresults, performance or achievements expressed or implied by suchforward-looking statements could differ materially from thoseprojected herein including as a result of a change in the tradingprice of the common shares of LAURION, the TSX Venture Exchange or anyother applicable regulator not providing its approval for anystrategic alternatives or transactional opportunities, theinterpretation and actual results of current exploration activities,changes in project parameters as plans continue to be refined, futureprices of gold and/or other metals, possible variations in grade orrecovery rates, failure of equipment or processes to operate asanticipated, the failure of contracted parties to perform, labordisputes and other risks of the mining industry, delays in obtaininggovernmental approvals or financing or in the completion ofexploration, as well as those factors disclosed in the Company’spublicly filed documents. Investors should consult the Company’songoing quarterly and annual filings, as well as any other additionaldocumentation comprising the Company’s public disclosure record, foradditional information on risks and uncertainties relating to theseforward-looking statements. The reader is cautioned not to rely onthese forward-looking statements. Subject to applicable law, theCompany disclaims any obligation to update these forward-lookingstatements. All sample values are from grab samples and channelsamples, which by their nature, are not necessarily representative ofoverall grades of mineralized areas. Readers are cautioned to notplace undue reliance on the assay values reported in this pressrelease.

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATIONSERVICE PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSXVENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACYOF THE CONTENT OF THIS NEWS RELEASE.

1 The information set forth above regarding historical drillholes 92-64 and 92-65 are referenced from the Report on Drill ResultsExploration Octopus – October 1992prepared by Remy Verschelden and Daniel Chainey. The informationset forth above regarding drill holes LBX12-001, LBX12-002 andLBX12-007 are referenced from the 2012 DrillingReport prepared by Joseph Campbell,P.Geo.

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