Laurion Mineral Exploration Inc. announced the assay results from the final four diamond drill holes of its Fall 2023 diamond drill program, which was completed on the Corporation's Ishkoday Project. The Project is located in Ontario, 220 km northeast of Thunder Bay and 28 km northeast of the town of Beardmore. On December 14, 2023, LAURION announced the completion of its Fall drill program, totalling 3,636 metres and comprising nine diamond drill holes.

Five of the nine diamond drill holes aimed to target the northeast extension of the Sturgeon River Mine structure while these final four holes targeted the extension of the mine's structure to the southeast. The Sturgeon River Mine mineralization system comprises the Number 1, 2 and 3 (main) quartz veins, as well as other quartz veins and shear structures encountered in the historic mining of the Sturgeon River Mine. The Number 3 quartz vein was mined between 1936 and 1942.

The Number 3 quartz vein consists of anastomosing quartz veins oriented north-northeast and steeply dipping to the southeast. The mineralized system also comprises other mineralized structures, such as the Numbers 1 and 2 quartz veins, Coniagas and Numbers 1, 8, 10,11,14 and M quartz veins (the "3 Vein Quartz Vein System or 3QVS") along with additional secondary (for now) quartz veins and shears of different sizes and trends. The 2023 drill program targeted the extension of the system to the northeast and the southeast with the intention of doubling the strike length of the mineralized structures.

The results for all drill holes confirm that the mineralization is still open on strike and at depth. Upon receiving the most recent results, LAURION's geology team will update the current exploration 3D model and begin planning for the next phases of exploration drilling. All core was transported and stored inside the core facility located in Beardmore.

LAURION employs an industry standard system of external standards, blanks and duplicates for all of its sampling, in addition to the QA/QC protocol employed by the laboratory. After logging, core samples were identified and then cut in half along core axis in the same building, and then zip tied individually in plastic sample bags with a bar code. Approximately five or six of these individual bags were then stacked into a "rice" white material bag and stored on a skid for final shipment to the laboratory.

All core samples were shipped to the ALS facility in Thunder Bay, which were then prepared by ALS Global Geochemistry in Thunder Bay and analyzed by ALS Global Analytical Lab in North Vancouver, British Columbia. Samples are processed by 4-acid digestion and analyzed by fire assay on 50 g pulps and ICP-AES (Inductively-Coupled-Plasma ? Atomic-Element-Spectroscopy).

Over limit analyses are reprocessed with gravimetric finish. A total of 5% blanks and 5% standard are inserted randomly within all samples. 5% of the best assay result pulps were sent for re-assays.

A total of 8.7% blanks and 9.5% standard were randomly inserted during the pXRF analyse of the soil sampling. 2.8% we re-analyzed. All QAQC were verified, and no contamination or bias have been observed.