Laurion Mineral Exploration Inc. (TSX VENTURE:LME) ("Laurion") is pleased to
provide the following update on Laurion's corporate and technical activities.


Davidson-Tisdale and North Tisdale Properties:

Late in 2008, a ground geophysical program consisting of 7.25 km of induced
polarization/resistivity surveys was completed on the North Tisdale Property
that identified several exploration targets. Field work is planned to commence
this month and will consist of ground truthing and geochemical sampling.


The Nipigon Project:

The Nipigon Project is comprised of the Dorothea Property, the Fox Mountain
Property, and the Graydon Lake Property.


Field work has commenced on all three properties. Initial work will focus on
field investigations on targets identified from the high definition VTEM
airborne survey completed last year starting on the Fox Mountain Property where
a cluster of three electromagnetic anomalies occur along the eastern basal
contact of the Disraeli Intrusive.


The Nipigon Plate - Lake Superior area has been interpreted to be a favourable
setting for Noril'sk type PGE-bearing massive sulphide deposits. The tectonic
setting and geological host rock types are identical to the Noril'sk region. The
existence of major copper-nickel deposits in the region such as the Duluth
Gabbro complex deposits, and the Great Lakes Nickel deposit within the Crystal
Lake Gabbro, as well as the presence of PGE values in the previously unknown
ultramafic bodies (Seagull Intrusive, Current Lake Intrusive) demonstrate the
prospectively of Laurion's Nipigon Project.


Replacement Finder's Warrants - 2007 Financing

Following the Corporation's closing of its offering on November 16, 2007, the
TSX Venture Exchange later advised that the 1,965,944 Finder's Warrants that
were issued at an exercise price of $0.10 per share were not permitted under TSX
Venture Exchange policies. Laurion has therefore issued replacement finder's
warrants having an exercise price of $0.11 per share, in consideration for the
cancellation of the Original Finder's Warrants. The Replacement Finder's
Warrants have been approved by the TSX Venture Exchange and all parties involved
have been contacted.


Joerg Kleinboeck, B.Sc., P.Geo., is the qualified person for all technical
information provided in this release.


To receive Company press releases, please email jacqueline@chfir.com and mention
"Laurion News" on the subject line.


This news release includes certain forward-looking statements concerning the
future performance of Laurion's business, operations and financial performance
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, as described in more detail in our
recent securities filings available at www.sedar.com. Actual events or results
may differ materially from those projected in the forward-looking statements and
Laurion cautions against placing undue reliance thereon. Neither Laurion nor its
management assumes any obligation to revise or update these forward-looking
statements.


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