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Laurion Provides Exploration, Permitting, And Corporate Update

Toronto, Ontario — August 07, 2026 — TheNewswire - LAURION Mineral Exploration Inc. (TSX-V: LME | OTCID: LMEFF | FSE: 5YD) (“LAURION” or the “Company”) is pleased to provide an update on its 2026 Phase 1 diamond drilling program at its 100%-owned Ishkõday Gold and Polymetallic Project (“Ishkõday” or the “Property”), located approximately 220 kilometres northeast of Thunder Bay and 28 kilometres northeast of Beardmore, Ontario. In addition, the update includes the results of an independent structural review and gap analysis completed by SRK Consulting (Canada) Inc. (“SRK”), permitting activities related to the Company's surface stockpile initiative and dewatering program, and an update on other corporate matters.

LAURION Extends High-Grade Zinc-Silver Mineralisation Down-Plunge at A-Zone, Confirms New Garvey Zone Target

Highlights. Results confirm mineralisation continues to grow at Ishkōday: down-plunge at the A-Zone in LBX26-104, along strike to the northeast at the newly validated Garvey Zone target in LBX26-103 and extending southwest along the McLeod Horizon in LBX26-105. Drilling results for LBX26-104 confirm gold-zinc-silver-copper mineralisation down-plunge of the A-Zone with 11.15m grading 0.393 g/t Au, 6.06 g/t Ag, 0.18% Cu and 1.80% Zn; and gold mineralisation in hole LBX26-105, with 2.00m grading 1.342 g/t Au, including 1.00m grading 2.530 g/t Au alongside a broad polymetallic interval of 14.90m grading 0.125 g/t Au, 4.89 g/t Ag, 0.18% Cu and 0.67% Zn ; and confirms the Garvey Zone geophysical target concept in hole LBX26-103. TORONTO, Ontario — August 5, 2026 – TheNewswire — LAURION Mineral Exploration Inc. (TSX-V: LME | OTC: LMEFF | FSE: 5YD) ("LAURION" or the "Company") is pleased to report assay results from the first three diamond drill holes, LBX26-103, LBX26-104, and LBX26-105, completed as part of the Company's ongoing Phase 1 drilling program at its 100%-owned Ishkōday Gold and Polymetallic Project ("Ishkōday" or the "Project"), located in the Beardmore-Geraldton Greenstone Belt of Northwestern Ontario. The results support management's view that the A-Zone may have potential to support a future mineral resource estimate (“MRE”) at the A-Zone, extending known mineralisation deeper underground and confirming a new target area along strike.