LAURION drills high grades at Ishkoday A-Zone/McLeod/CRK Zone, Ontario
LAURION Mineral Exploration Inc. [TSXV: LME; OTC: LMEFF; FSE: 5YD] reported assay results of the first two drill holes from recent diamond drilling at the A-Zone/McLeod/CRK Zone at the Ishkōday Project, located in the Beardmore–Geraldton Greenstone Belt of north-western Ontario, approximately 220 km northeast of Thunder Bay.
The current drill program focuses on the A-Zone/McLeod/CRK Zone, a structurally controlled gold-base metal corridor where historic drilling, surface work, and more recent LAURION drilling demonstrate repeated gold, silver, zinc, and copper mineralization along strike and at depth.
“These results reinforce what we have been methodically building at Ishkōday — a structurally controlled gold-zinc system with repeated mineralization along a coherent corridor,” stated Cynthia Le Sueur Aquin, President and CEO of LAURION. “The combination of higher-grade intervals within broader mineralized zones, supported by both historic and recent drilling, gives us confidence that our targeting approach is working as intended. As we continue drilling, our focus remains on understanding continuity, structure and scale.”
Drill hole LBX25-095 returned 3.50 metres at 1.40 g/t Au and 2.30% Zn (162.50 m to 166.00 m), including 0.70 metres at 5.97 g/t Au,18.4 g/t Ag and 10.8% Zn; 4.50 meters at 2.00 g/t Au, 5.75 g/t Ag and 1.22% Zn (188.00 m to 192.50 m), including 0.50 metres at 3.30 g/t Au,17.8 g/t Ag and 6.84% Zn (188.00 m to 188.50 m); 2.40 metres at 3.00 g/t Au and 0.78% Zn (190.10 m to 192.50 m), and 0.55 metres at 12.15 g/t Au, 16.1 g/t Ag and 2.66% Zn (191.10 m to 192.50 m).
Drill hole LBX25-096 returned 3.85 metres at 1.92 g/t Au and 0.13% Zn (38.70 m to 42.55 m), including 0.60 metres at 2.78 g/t Au, 6.30 g/t Ag and 0.62% Zn (40.60 m to 41.20 m), and 55 metres at 9.59 g/t Au, 5.50 g/t Ag and 0.11% Zn (42.00 m to 42.55 m).
Drill hole LBX25-095 was designed to test a segment of the A-Zone/McLeod/CRK Zone structural corridor supported by proximal historic drill holes 90-41 and 90-49 , as well as modern LAURION drill holes LBX20-021 and LBX20-017.
Historic drill hole 90-41 intersected multiple gold-bearing intervals at various depths, including 0.55 metres grading 3.69 g/t Au and 1.70% Zn, 0.55 metres grading 11.88 g/t Au, 8.0 g/t Ag and 8.6% Zn and deeper intersections including 0.91 metres grading 1.63 g/t Au,16.0 g/t Ag, 0.16% Cu and 6.7% Zn, 0.66 metres grading 2.12 g/t Au, 14.0 g/t Ag and 10.3% Zn, and 5.36 metres grading 0.44 g/t Au, 6.16 g/t Ag and 4.28% Zn (Orient Resources Inc., Sturgeon River Property Diamond Drill Program Report, Claude Larouche , 1990).
Nearby historic drill hole 90-49 returned 0.31 metres grading 3.87 g/t Au and 1.73 metes grading 3.46 g/t Au, 20.36 g/t Ag and 3.72% Zn (Orient Resources Inc., Claude Larouche, 1990). More recent drilling confirmed continuity of mineralization within the same corridor, including 14.08 metres grading 0.89 g/t Au in drill hole LBX20-021 and additional gold-silver intervals in LBX20-017.
Drill hole LBX25-095 intersected multiple gold-and-zinc-bearing intervals hosted within sheared and altered volcanic rocks consistent with the main A-Zone/McLeod/CRK Zone geological framework.
Reported assay results include 2.60 metres grading 1.84 g/t Au from 27.40 to 30.00 metres, including 0.60 metres grading 7.25 g/t Au, 1.00 metres grading 1.02 g/t Au from 45.30 to 46.30 metres and several broader intervals of lower-grade gold with elevated zinc.
A mid-depth mineralized zone returned 3.50 m grading 1.40 g/t Au and 2.30% Zn from 162.50 to 166.00 metres, including a higher-grade interval of 0.70 metres grading 5.97 g/t Au, 18.4 g/t Ag, 0.22% Cu and 10.8% Zn from 163.05 to 163.75 metres.
Deeper in the hole, drilling intersected 4.50 metres grading 2.00 g/t Au, 5.75 g/t Ag and 1.22% Zn from 188.00 to 192.50 metres, including 0.50 metres grading 3.30 g/t Au,17.8 g/t Ag and 6.84% Zn, 2.40 metres grading 3.00 g/t Au, and 0.55 metres grading 12.15 g/t Au, 16.1 g/t Ag and 2.66% Zn.
Drill hole LBX25-096, located approximately 52 metres east of LBX25-095, was designed to test the eastern continuation of the same structurally controlled mineralized corridor. Targeting for LBX25-096 was informed by proximal drill holes LBX12-006, LBX20-020 and LBX22-089, which intersected gold-bearing mineralization within the same stratigraphic and structural package.
Notably, drill hole LBX20-020 returned broad gold-bearing intervals including 6.86 metres grading 0.47 g/t Au and 10.84 metres grading 0.48 g/t Au, demonstrating mineralized width and continuity and supporting step-out drilling to the east. Drill hole LBX25-096 subsequently intersected multiple gold-bearing intervals within this corridor, including 3.85 metres from 38.70 to 42.55 metres grading 1.92 g/t Au, including a higher-grade interval of 0.55 metres from 42.00 to 42.55 metres grading 9.59 g/t Au, and a shallow interval of 1.15 metres from 8.35 metres to 9.50 metres grading 2.14 g/t Au, including 0.50 metres from 9.00 to 9.50 metres grading 4.76 g/t Au.
The current drilling on the A-Zone/McLeod/CRK Zone has focused on refining LAURION’s understanding of the geometry, continuity and structural controls of the mineralized system. Ongoing work by the LAURION’s technical team and independent consultants is centred on consolidating historical and modern drilling, validating geological interpretations, and strengthening the 3D structural framework. This work is intended to ensure that any future technical milestones are based on a robust, well-constrained geological model, while preserving strategic flexibility as the Ishkōday Project continues to evolve.
LAURION has 278,716,413 outstanding shares, of which approximately 73.6% are owned and controlled by insiders who are eligible investors under the “Friends and Family” categories.
LAURION’s emphasis is on the exploration and development of its flagship project, the 100%-owned mid-stage 57 km2 Ishkōday Project and its gold-rich polymetallic mineralization.
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