Curated News
By: NewsRamp Editorial Staff
September 23, 2026
LAURION Hits High-Grade Gold and Polymetallic Intercepts at Ishkōday
TLDR
- LAURION's expanded drilling at Ishkoday reveals high-grade gold and base metals, positioning the company for a potential maiden resource estimate.
- LAURION increased Phase 1 drilling from 3,865 to 5,605 metres, using SRK's structural analysis to target five priority areas for resource evaluation.
- LAURION's exploration in Northern Ontario could yield economic benefits and support the transition to clean energy through responsible resource development.
- Drill hole LBX26-110 returned unexpected deep gold intervals, including 1.693 g/t over 2.30 metres, opening new exploration targets.
Impact - Why it Matters
The latest drill results from LAURION’s Ishkōday Project reinforce the presence of a large, gold-rich polymetallic system in a tier-one mining jurisdiction. The high-grade intercepts, including 1.693 g/t gold over 2.30 meters and significant copper, silver, and zinc values, suggest potential for a substantial mineral resource. As the company works toward a maiden MRE, successful exploration could attract investor interest and pave the way for future development, benefiting shareholders and the local economy. With gold prices remaining strong and demand for base metals like copper rising due to the green energy transition, LAURION’s progress highlights the strategic importance of advancing such projects to meet future resource needs.
Summary
LAURION Mineral Exploration Inc. (TSX-V: LME | OTC: LMEFF | FSE: 5YD) has announced promising assay results from drill holes LBX26-109 and LBX26-110, part of its 2026 Phase 1 diamond drilling program at the 100%-owned Ishkōday Gold and Polymetallic Project in Northwestern Ontario. The highlight is LBX26-110, which returned multiple mineralized intervals, including 4.55 meters grading 0.063 g/t gold, 12.29 g/t silver, 0.76% copper, and 0.16% zinc from 80.45 meters, and a deeper 9.90-meter interval grading 0.563 g/t gold from 205.70 meters, with a higher-grade subinterval of 2.30 meters at 1.693 g/t gold. The hole also intersected a separate 6.00-meter gold-bearing interval near the pluton contact, unexpected and providing new geological insights. LBX26-109 tested an isolated chargeability anomaly and historical high-grade intercepts, though no significant results were reported in the release.
The company has expanded its Phase 1 program from 3,865 meters to 5,605 meters across 22 drill holes, guided by SRK Consulting’s independent structural gap analysis of the A-Zone, which identified five priority target areas. This systematic approach aims to advance the A-Zone toward a potential maiden Mineral Resource Estimate (MRE). LAURION’s strategy emphasizes disciplined, data-driven exploration and responsible capital allocation, with CEO Cynthia Le Sueur-Aquin holding a significant 17.2 million shares, aligning management with shareholders. For detailed assay summaries, the company provides links: Click here to see LBX26-109 Assay Summary, Click here to see LBX26-110 Assay Summary, and Click here to see Pt 2 LBX26-110 Assay Summary. The technical content was reviewed by Dr. Trevor Boyd, a Qualified Person under NI 43-101.
QA/QC protocols are robust, with samples processed at ALS facilities and no contamination or bias observed. The Ishkōday Project covers 57 km² in the prolific Beardmore-Geraldton and Onaman-Tashota Greenstone Belts, hosting a 6.0 km by 2.5 km mineralized corridor with over 98,000 meters of historical drilling. These results underscore the project’s potential for significant gold and base metal mineralization.
Source Statement
This curated news summary relied on content distributed by NewMediaWire. Read the original source here, LAURION Hits High-Grade Gold and Polymetallic Intercepts at Ishkōday
