Laurion Confidence Endorsed by Independent Expertise: Ishkoday Base and Precious Metal Project Indicated to be Proximal to Volcanic and Hydrothermal Centre

Toronto, Ontario / ACCESSWIRE / September 3, 2014 / Laurion Mineral Exploration Inc. LME LMEFF ("Laurion") is pleased to announce the results of an independent, expert geological and structural evaluation of the Ishkoday Property. The Ishkoday Property is located 220 kilometres northeast of Thunder Bay and 28 kilometres north east of the Town of Beardmore, Ontario.

Dr. Harold Gibson evaluated the base metal and gold mineralization of the Ishkoday Property and concluded: "The base and precious mineralized zones represent a pre- to syn-D1 deformation vein system. The base and precious metal enrichment of altered wall rocks within 10s of metres from the mineralized zones suggest that (these) zones are the product of a proximal hydrothermal system, and one main mineralization event. Based on our current understanding of the geology, and a synvolcanic timing, the base and precious metal veins may be a product of a transitional, low sulfidation epithermal to VMS system that developed within a subvolcanic intrusion environment. The extensive development of the mineralized zones (within a 1km x 3km area), suggests that the veins are a product of a large, magmatic hydrothermal system and may have greater tonnage potential than recognized by previous workers."

In addition, Dr. Gibson inferred that mineralized zones occur predominantly within a massive, coherent, feldspar porphyritic volcanic unit with a restricted andesite/dacite composition and a calc-alkaline affinity. The characteristics of the massive feldspar porphyritic host rock are most consistent with a high level, subvolcanic intrusion(s). Dr. Gibson's interpretation that the Ishkoday property occupies an area proximal to a volcanic and hydrothermal center confirms Laurion's confidence in the prospectivity of the project.

Structural controls on base-metal and gold mineralization were investigated by Dr. Stefan Kruse of Terrane Geoscience Inc. Dr. Kruse concluded that, "The association of sulphide zones with extensive haloes of epidote and sericite alteration and the observation that sulphide zones pre-date D1 deformation suggests that mineralization is early. Structural repetition of massive sulphide layers and/or veins was observed within outcrops. In addition, sulphide zones are notably thickened in fold hinges. The combination of fold repetition and hinge-zone thickening make fold zones attractive exploration targets".

Dr. Kruse also notes that the fold-controlled mineralization commonly plunges 20-60° to the SW. This plunge direction can be used to direct future drilling and increases targeting confidence at depth.

Cynthia Le Sueur-Aquin, President and CEO of Laurion commented: "Validation received from Drs. Gibson and Kruse further reinforce our confidence in the potential of Ishkoday with the suggestion of proximity to a large volcanic and hydrothermal centre, and clearly supports our strategic focused approach to developing the Ishkoday providing excellent guidance for the next phase of exploration.

Our optimistic stance on the Ishkoday has been established by our record of drilling to date. Shallow drilling has confirmed that the mineralized zones or mineralized haloes extend for metres possibly hundreds of metres. Drilling has also demonstrated excellent grades and widening at depth, with the possibility of greater tonnage potential emanating from a large magmatic hydrothermal system".

Laurion invites its readers to visit corebox.net site http://www.corebox.net/node/2437/main-zone, to view the Laurion drilling database and results in 3D format.

Corebox.net is a website with 3D modeling tool that is free for mining investors, offering analytical tools that provide absolute transparency in assisting mining investors visualize drill results and understand the true significance of drill intercepts that are typically released only in table format.

About Dr Harold Gibson

Dr. Harold Gibson, B.Sc. (Queen's), M.Sc. (Carleton), Ph.D. (Carleton) serves as Director of the Mineral Exploration Research Centre (MERC) and Professor of Volcanology and Ore Deposits at Laurentian University, Sudbury.

Dr. Gibson joined Laurentian University in 1990, after leaving a successful 12-year career in the mining exploration industry, where he worked with Falconbridge Copper, Minnova, and Falconbridge Ltd. Dr. Gibson and his students have conducted research across Canada, globally and on the modern seafloor. His field based research focuses on volcanogenic massive sulphide (VMS) and epithermal ore systems.

Current areas of research include the Paleoproterozoic Flin Flon and Snow Lake VMS districts, Northern Manitoba and Saskatchewan, the Archean Noranda VMS District and Abitibi Greenstone Belt of Ontario and Quebec, the Lau Basin and Tonga/Aeolian arcs, and VMS and epithermal precious metal deposits of the Mexican Silver Belt. Dr. Gibson has been Member of the Technical Advisory Board of Falco Pacific Resource Group Inc.

About Dr Stefan Kruse

Dr. Kruse specializes in determining structural controls and geometry of mineralized systems. His Ph.D. from the University of New Brunswick focused on polyphase deformation in the Canadian Cordillera. Based on this work he was awarded the Governor General's Academic Gold Medal and GAC Structure and Tectonics division Best Ph.D. award. He has extensive technical and project management experience in structurally controlled U, Au, Cu-porphyry and PGE deposits.

Dr. Kruse is a registered professional geologist with the Association of Professional Engineers and Geoscientists of New Brunswick (APEGNB) and the Professional Engineers and Geoscientists of Newfoundland and Labrador (PEGNL).

The technical information contained in this news release has been verified by Joe Campbell, P.Geo., consulting geologist with GeoVector Management Inc. and a director of Laurion. Mr. Campbell is the project manager for Laurion's Ishkoday project and is a Qualified Person as defined in "National Instrument 43-101, Standards of Disclosure for Mineral Properties."

About Laurion

Laurion's Ishkoday Discovery Property is contained within a 100% owned 4,442ha property package, located 220 km northeast of Thunder Bay with easy access off the Trans-Canada Highway.

Laurion is focused on unlocking the value of the Ishkoday gold and base metal environment hosted within three base metal trends, 3,000m each in strike length, in a 1km wide corridor. Laurion is expanding on a legacy of gold production from the Ishkoday shaft which is hosted in a significant gold environment.

Laurion's balanced and diversified management team is results driven and has achieved a decade of growth through asset monetization. Laurion's management objective is to advance the Ishkoday Discovery Property from discovery to value creation to exit strategy.

FOR FURTHER INFORMATION, CONTACT:

Laurion Mineral Exploration Inc.
Cynthia Le Sueur-Aquin - President
Tel: 1-855-788-9186
Tel: 1-705-788-9186
Fax: 1-705-788-9187
Website: www.laurion.ca

Neither the TSX-V nor its Regulation Services Provider (as that term is defined in the policies of the TSX-V) accepts responsibility for the adequacy or accuracy of this news release.

This news release includes certain forward-looking statements concerning the future performance of Laurion's business, operations and condition, as well as management's objectives, strategies, beliefs and intentions. Forward-looking statements are frequently identified by such words as "may", "will", "plan", "expect", "anticipate", "estimate", "intend" and similar words referring to future events and results. Forward-looking statements are based on the current opinions and expectations of management. All forward-looking information is inherently uncertain and subject to a variety of assumptions, risks and uncertainties, including the speculative nature of mineral exploration and development, fluctuating commodity prices, competitive risks and the availability of financing. Actual events or results may differ materially from those projected in the forward-looking statements and Laurion cautions against placing undue reliance thereon. Laurion and its management assume no obligation to revise or update these forward looking statements except as required by law. 

SOURCE: Laurion Mineral Exploration Inc.