LAURION Mineral Exploration Inc. (TSX-V: LME | OTC: LMEFF | FSE: 5YD) has reported assay results from two additional drill holes at its 100%-owned Ishkoday Gold and Polymetallic Project in Northwestern Ontario. The results, released on September 14, 2026, confirm the presence of high-grade gold, silver, copper, and zinc mineralization, providing further evidence of the project's potential to host a significant mineral resource.
Drill hole LBX26-106 returned 3.75 metres grading 0.568 g/t gold, 12.40 g/t silver, 0.46% copper, and 1.75% zinc from 278.75 to 282.50 metres, including a 0.50-metre interval grading 1.730 g/t gold, 43.20 g/t silver, 1.51% copper, and 3.40% zinc. The hole also intersected 4.70 metres grading 0.582 g/t gold, 2.53 g/t silver, 0.07% copper, and 0.93% zinc from 172.50 metres, including 0.50 metres grading 3.220 g/t gold, 9.70 g/t silver, 0.30% copper, and 6.29% zinc. Drill hole LBX26-107 returned 1.15 metres grading 1.374 g/t gold, 10.10 g/t silver, 0.49% copper, and 2.01% zinc from 239.80 metres, including 0.50 metres grading 1.170 g/t gold, 20.10 g/t silver, 1.03% copper, and 3.64% zinc. Additionally, LBX26-107 intersected 2.90 metres grading 0.608 g/t gold, 11.93 g/t silver, 0.34% copper, and 0.93% zinc from 351.40 metres, including 0.80 metres grading 1.975 g/t gold, 39.50 g/t silver, 1.45% copper, and 2.72% zinc.
These intercepts are part of LAURION's 2026 Phase 1 diamond drilling program, which was initially planned for 3,865 metres but has since been expanded to 5,605 metres across 22 drill holes. The program is designed to systematically advance the A-Zone and McLeod mineralized systems, with the goal of supporting a potential maiden Mineral Resource Estimate (MRE). The expansion follows an independent structural gap analysis by SRK Consulting, which identified five priority target areas to address key gaps in the existing drill database. The company is using this framework to prioritize near-term drilling as it continues to evaluate the continuity and geometry of mineralization at depth.
The significance of these results lies in their confirmation of high-grade polymetallic mineralization along strike and at depth, which could enhance the project's economic viability. The presence of multiple metals—gold, silver, copper, and zinc—adds inherent value and diversifies the revenue potential in any future development scenario. Furthermore, the systematic approach, including tight drill spacing and testing of geophysical anomalies, demonstrates LAURION's commitment to building a robust geological model. This is critical for de-risking the project and attracting future investment or partnership opportunities.
LAURION's strategy emphasizes disciplined, data-driven exploration and responsible capital allocation. The company is focused on strengthening geological confidence, expanding the scale of the mineral system, and positioning the project for a potential future MRE. The Ishkoday Project covers approximately 57 square kilometres within the prolific Beardmore-Geraldton and Onaman-Tashota Greenstone Belts and hosts a single 6.0 km by 2.5 km mineralized corridor. Historical and modern exploration programs have completed over 98,000 metres of drilling, confirming a large and evolving gold-rich base metal mineral system.
For more information, visit the company's website at LAURION.ca. The technical contents of this press release have been reviewed and approved by Dr. Trevor Boyd, Ph.D., P.Geo., a Qualified Person as defined by National Instrument 43-101.
