LAURION Corporate Update

TORONTO, ONTARIO (April 28, 2021) – LAURION Mineral Exploration Inc. (TSX.V: LME and OTCPINK: LMEFF) (“LAURION” or the “Corporation”), at the request of the Market Surveillance group of the Investment Industry Regulatory Organization of Canada (IIROC), advises that the Corporation is not aware of any material undisclosed corporate developments and has no material change to report at this time that may be contributing to the level of trading activity of its shares.

 

The Corporation will keep the market informed as required. LAURION requests that the reader refers to the most recent press release dated April 13, 2021 in which LAURION announced it had initiated a program of 10,000 metres of drilling on its Ishkoday Project, located 28 km northeast of Beardmore, Ontario. The Corporation is on track with respect to its stated goals and timelines in achieving those goals.

 

About LAURION Mineral Exploration Inc.

 

The Corporation is a junior mineral exploration and development company listed on the TSX Venture Exchange under the symbol LME and on the OTCPINK under the symbol LMEFF. The Corporation currently has 210,487,262 outstanding shares, of which approximately 73% of LAURION’s issued and outstanding shares are owned and controlled by Insiders who are eligible investors under the “Friends and Family” categories.

 

LAURION's emphasis is on the development of its flagship project, the 100% owned midstage 47 km2 Ishkoday Project, and its gold-rich polymetallic mineralization with a significant upside potential. The mineralization on Ishkoday is open at depth beyond the current core-drilling limit of -200 m from surface, based on the historical mining to a -685 m depth, in the past producing Sturgeon River Mine. The recently acquired Brenbar Property, which is contiguous with the Ishkoday Property, hosts the historic Brenbar Mine and LAURION believes the mineralization to be a direct extension of mineralization from the Ishkoday Property.

 

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

Website: http://www.LAURION .ca