LAURION Mineral Exploration Inc. (TSX-V: LME | OTC: LMEFF | FSE: 5YD) has released assay results from drill holes LBX26-111 and LBX26-112, part of its 2026 Phase 1 diamond drilling program at the 100%-owned Ishkoday Gold and Polymetallic Project in Northwestern Ontario. The results reveal significant gold, silver, copper, and zinc mineralization, supporting the company's systematic approach to advancing the A-Zone and McLeod system.
Drill hole LBX26-111 intersected 3.35 metres grading 0.523 g/t gold from 92.30 to 95.65 metres, including a 0.60-metre interval of 2.480 g/t gold, 4.20 g/t silver, 0.04% copper, and 0.45% zinc. Additional intervals include 0.50 metres at 1.255 g/t gold, 5.00 g/t silver, and 1.29% zinc, and 1.55 metres at 0.494 g/t gold, 6.87 g/t silver, 0.14% copper, and 0.24% zinc. The company provided a Click Here to see LBX26-111 Assay Summary for detailed review.
Drill hole LBX26-112 returned even more impressive results, including 1.20 metres grading 6.580 g/t gold and a 6.00-metre interval grading 0.206 g/t gold, 19.80 g/t silver, 0.28% copper, and 0.83% zinc, which contained a high-grade sub-interval of 1.795 g/t gold, 223.00 g/t silver, 3.31% copper, and 8.47% zinc over 0.50 metres. A separate 2.10-metre interval graded 175 g/t silver. These results are detailed in the Click here to see LBX26-112 Assay Summary and Click here to see Pt 2 LBX26-112 Assay Summary.
The Phase 1 program aims to systematically advance the A-Zone through targeted infill, expansion, and exploration drilling, potentially supporting a maiden Mineral Resource Estimate (MRE). LBX26-111 targeted the down-dip continuation of A-Zone mineralization, while LBX26-112 tested a gap in the McLeod horizon between previous 2022 drill holes. Together, these holes are designed to tighten the geological model and guide subsequent drilling.
LAURION has increased its planned Phase 1 drilling from 3,865 metres to 5,605 metres across 22 drill holes, informed by SRK Consulting's independent structural gap analysis that identified five priority target areas. The expanded program underscores the company's commitment to data-driven exploration and resource definition.
All drill core is processed at the Ishkoday Project's core logging facility in Greenstone, Ontario, with samples analyzed by ALS Global in Thunder Bay and North Vancouver. The company employs rigorous QA/QC protocols, including external standards, blanks, and duplicates. Dr. Trevor Boyd, Ph.D., P.Geo., a Qualified Person under NI 43-101, has reviewed and approved the technical contents.
For investors, these high-grade intercepts highlight the polymetallic potential of the Ishkoday Project, which covers approximately 57 km² within the Beardmore–Geraldton and Onaman–Tashota Greenstone Belts. The presence of significant silver, copper, and zinc alongside gold could enhance the project's economic viability. As LAURION advances toward a potential MRE, successful results could attract further investment and partnerships, strengthening the company's position in the Canadian mining sector. More information is available at http://www.LAURION.ca.
However, readers are cautioned that forward-looking statements involve risks, and actual results may differ. Historical information should not be relied upon as indicative of future performance. Neither the TSX Venture Exchange nor its regulation services provider accepts responsibility for the adequacy or accuracy of this release.
