LAURION Mineral Exploration Inc. (TSX-V: LME | OTC: LMEFF | FSE: 5YD) has announced assay results from two diamond drill holes that confirm the presence of gold and polymetallic mineralization at its 100%-owned Ishkōday Gold and Polymetallic Project in Northwestern Ontario. The results, released on September 23, 2026, highlight the potential of the A-Zone, which the company is systematically advancing toward a possible maiden Mineral Resource Estimate (MRE).
Drill hole LBX26-110 returned multiple mineralized intervals, including 4.55 metres grading 0.063 g/t gold, 12.29 g/t silver, 0.76% copper and 0.16% zinc from 80.45 metres, and a deeper 9.90-metre interval grading 0.563 g/t gold from 205.70 metres, which included 2.30 metres grading 1.693 g/t gold. A third interval of 3.70 metres graded 0.246 g/t gold, 8.04 g/t silver, 0.60% copper and 1.08% zinc. These intercepts, along with results from LBX26-109, are detailed in the assay summaries available here and here.
The company noted that the deeper intervals in LBX26-110 were unexpected and provide new geological information for potential follow-up evaluation. The drilling was designed to test targets associated with the River Shear, historical gold intercepts, and modelled mineralized horizons, offering additional data from comparatively underexplored areas of the mineralized system.
In response to the results, LAURION has increased its planned Phase 1 drilling from 3,865 metres to 5,605 metres across 22 drill holes. The expanded program is informed by SRK Consulting’s independent structural gap analysis of the A-Zone, which identified five priority target areas to address gaps in the existing drill database. The company is using this framework to prioritize near-term drilling as it continues to advance the A-Zone toward a potential MRE. Specific targets, sequencing, and timing remain subject to ongoing results and available financing.
For investors, these results underscore the exploration potential of the Ishkōday Project, which covers approximately 57 square kilometres within the prolific Beardmore-Geraldton and Onaman-Tashota Greenstone Belts. The presence of both gold and base metals (copper, zinc, silver) could enhance the project’s economic appeal, particularly if a maiden MRE is established. The expansion of the drill program signals management’s confidence in the geological model and its commitment to data-driven exploration.
However, the company cautions that the forward-looking statements involve risks and uncertainties, and actual results may differ. The reader is cautioned not to place undue reliance on the assay values reported. The technical contents of the release were reviewed and approved by Dr. Trevor Boyd, Ph.D., P.Geo., a Qualified Person under NI 43-101. The original release is available on www.newmediawire.com. For more information about LAURION, visit http://www.LAURION.ca.
