LAURION Mineral Exploration Inc. has released assay results from drill holes LBX26-106 and LBX26-107, part of its ongoing 2026 Phase 1 diamond drilling program at the 100%-owned Ishkoday Gold and Polymetallic Project in Northwestern Ontario. The results reveal multiple high-grade gold and base metal intercepts, underscoring the project's potential and the company's systematic approach to advancing the A-Zone toward a maiden Mineral Resource Estimate (MRE).
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 metres, including a higher-grade subinterval of 2.30 metres at 0.886 g/t gold, 19.26 g/t silver, 0.73% copper and 1.64% zinc. A narrower interval of 0.50 metres assayed 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, and 2.70 metres at 0.742 g/t gold, 3.88 g/t silver, 0.10% copper and 1.58% zinc from 174.50 metres, which included 0.50 metres at 3.220 g/t gold, 9.70 g/t silver, 0.30% copper and 6.29% zinc.
Drill hole LBX26-107 intersected 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 at 1.170 g/t gold, 20.10 g/t silver, 1.03% copper and 3.64% zinc. Another interval returned 2.90 metres at 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 at 1.975 g/t gold, 39.50 g/t silver, 1.45% copper and 2.72% zinc.
These intercepts are significant because they confirm the continuity and geometry of mineralization at depth and along strike, key factors for establishing a mineral resource. LBX26-106 tested the down-plunge extension of the A-Zone, while LBX26-107 targeted the McLeod mineralized horizon and a chargeability anomaly from a 2015 geophysical survey, demonstrating the effectiveness of integrating geophysical data with drilling.
LAURION has increased its planned Phase 1 drilling from 3,865 metres to 5,605 metres across 22 drill holes, informed by an independent structural gap analysis by SRK Consulting that identified five priority target areas. This expansion reflects the company's commitment to systematically advancing the A-Zone and strengthening geological confidence. The ongoing results are being used to prioritize near-term drilling as LAURION works toward a potential maiden MRE.
The implications of this announcement are substantial for LAURION and its shareholders. The high-grade polymetallic nature of the mineralization, with significant gold, silver, copper and zinc values, suggests a robust mineral system that could support a multi-metal resource. The company's disciplined, data-driven exploration strategy, including rigorous QA/QC protocols, ensures the reliability of results. As LAURION continues to expand the scale of the mineral system, it positions the project for future development and potential strategic opportunities.
For more information, visit the company's website at www.LAURION.ca.
