Curated News
By: NewsRamp Editorial Staff
September 28, 2026
LAURION Reports High-Grade Gold and Silver Assays at Ishkoday Project
TLDR
- LAURION's high-grade gold and silver assays at Ishkoday could give investors an early edge in a potentially undervalued polymetallic play.
- LAURION expanded Phase 1 drilling to 5,605 metres across 22 holes to systematically test the A-Zone and McLeod system for a maiden resource estimate.
- LAURION's responsible exploration in Ontario aims to build long-term value and support a transition to sustainable resource development for future generations.
- Drill hole LBX26-112 returned a remarkable 0.50 m interval grading 223 g/t silver and 8.47% zinc, showcasing the project's high-grade potential.
Impact - Why it Matters
The release of these high-grade assay results is a significant milestone for LAURION Mineral Exploration, as it provides tangible evidence of the Ishkoday Project's potential to host a substantial gold-rich polymetallic system. For investors and stakeholders, these results increase confidence in the geological model and support the ongoing exploration efforts aimed at defining a maiden Mineral Resource Estimate. The presence of high-grade gold, silver, copper, and zinc intervals, such as the 223 g/t Ag over 0.50 m, underscores the polymetallic nature of the deposit, which could enhance the project's economic viability in a diversified metals market. The expanded drilling program, informed by SRK Consulting's structural analysis, demonstrates LAURION's commitment to systematic and data-driven exploration, potentially leading to further discoveries and resource expansion. This news matters because it not only validates the company's exploration strategy but also positions Ishkoday as a promising asset in a prolific mining region, attracting potential investors and partners. As the demand for precious and base metals continues to grow, LAURION's progress could contribute to the regional economy and provide long-term value for shareholders. Moreover, the company's focus on non-dilutive initiatives, like evaluating historical stockpile processing, shows prudent capital management, which is crucial in the volatile mining sector. Overall, these results bring LAURION one step closer to realizing the full potential of the Ishkoday Project and could serve as a catalyst for future growth and development.
Summary
LAURION Mineral Exploration Inc. (TSX-V: LME | OTC: LMEFF | FSE: 5YD) has announced promising assay results from drill holes LBX26-111 and LBX26-112, part of its 2026 Phase 1 diamond drilling program at the 100%-owned Ishkoday Gold and Polymetallic Project in Northwestern Ontario. The company reported multiple high-grade intersections, including 1.20 m grading 6.580 g/t Au in LBX26-112 and a notable 0.50 m interval grading 1.795 g/t Au, 223.00 g/t Ag, 3.31% Cu and 8.47% Zn. These results are designed to improve understanding of the continuity of mineralization within the A-Zone–McLeod system, with LBX26-111 targeting the down-dip extension of the A-Zone and LBX26-112 testing a gap between previous drill holes from 2022. The program aims to systematically advance the A-Zone toward a potential maiden Mineral Resource Estimate (MRE).
Building on these encouraging results, LAURION has increased its planned Phase 1 drilling from 3,865 metres to 5,605 metres across 22 drill holes. This expanded program is informed by SRK Consulting’s independent structural gap analysis of the A-Zone, which identified five priority target areas. The company is using this framework to prioritize near-term drilling, with the goal of strengthening geological confidence and expanding the scale of the mineral system. The Ishkoday Project covers approximately 57 km² within the Beardmore–Geraldton and Onaman–Tashota Greenstone Belts and hosts a single 6.0 km by 2.5 km mineralized corridor. Historical and modern exploration has completed over 98,000 metres of drilling, confirming a large and evolving gold-rich polymetallic system. LAURION’s strategy emphasizes disciplined, data-driven exploration and responsible capital allocation, with the objective of building technical clarity and long-term project value before monetization. For more details, investors can view the LBX26-111 Assay Summary and the LBX26-112 Assay Summary and Pt 2 LBX26-112 Assay Summary.
LAURION Mineral Exploration Inc. is a mid-stage Canadian mineral exploration company focused on advancing the Ishkoday Gold and Base Metal Project in Northern Ontario. The company is listed on the TSX Venture Exchange (LME), OTCQB (LMEFF), and Frankfurt Stock Exchange (5YD). Cynthia Le Sueur-Aquin, President and CEO, is the company’s largest shareholder, holding 17,221,306 common shares, reflecting strong alignment between management and shareholders. The technical contents of this press release have been reviewed and approved by Dr. Trevor Boyd, Ph.D., P.Geo., a Qualified Person as defined by National Instrument 43-101. LAURION continues to evaluate opportunities that may enhance project development flexibility, including potential non-dilutive initiatives such as the evaluation of historical surface stockpile processing.
Source Statement
This curated news summary relied on content distributed by NewMediaWire. Read the original source here, LAURION Reports High-Grade Gold and Silver Assays at Ishkoday Project
