LAURION extends high-grade Zn-Ag mineralization at A-Zone, confirms Garvey 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.

Management Comment

“In our view, these three holes are an encouraging start to our 2026 infill program, continuing to confirm and extend mineralisation we already know is here," said Cynthia Le Sueur-Aquin, President and CEO of LAURION. LBX26-104 and LBX26-105 have extended the polymetallic footprint of the A-Zone well down-plunge of historical drilling, and the zinc and s