LAURION Mineral Exploration Inc. announced that it has successfully completed the fall diamond drilling program and has thus concluded all its exploration objectives for its 2023 Exploration Program, which was previously announced in the Corporation's press release dated March 15, 2023. LAURION completed its fall drill program of 3,636 metres in 9 diamond drill holes and was successful in targeting the northeast and southwest extensions of the Sturgeon River Mine structure. The key objectives were to target the Number 1, 2 and 3 quartz veins and other quartz veins and shear structures encountered in the historic mining of the Sturgeon River Mine.

LAURION has submitted all its drill core for assays to ALS Global Laboratories in Thunder Bay, Ontario and anticipates results in approximately 3 to 5 weeks after submission, thus anticipating the last of the drill core results in January 2024. In 2010, six drill holes totaling 3,511 metres of drilling were completed, which were designed to define the down plunge extent of the Sturgeon River Mine below the 1,750 ft (530m) level below the Sturgeon River Mine workings, resulting in the discovery of 7 new shear hosted gold zones. (Joseph Campbell -- 2011) LAURION drilling in 2010 (LME- 10-008, 009 and 010) intersected several additional veins north of the underground workings.

The 2018/2019 channel sampling on the Sturgeon Rive Mine outcrops formed an integral part of a three-staged 18-month program with the strategic objective of outlining the precious metals upside potential at Ishkoday. Compilations from the 2010 drilling and the 2018/2019 channel sampling the compilation aided the determination of other potential target shoots for future drilling.