Laurion Mineral Exploration Inc. Receives TSX Venture Exchange Approval for the Sale of the Tisdale Properties

Laurion Mineral Exploration Inc. ("Laurion") (TSX VENTURE:LME) is pleased to
report that it has received conditional approval from the TSX Venture Exchange
for the proposed acquisition by San Gold Corporation ("San Gold") with respect
to the purchase of Laurion's property interests in the Tisdale Township
(collectively the "Tisdale Properties"), which is composed of Laurion's 31.5%
interest in the Davidson-Tisdale property and Laurion's 100% interest in the
North Tisdale property.


On October 8, 2009, Laurion and San Gold announced that they had entered in to
an Letter of Intent confirming San Gold's intension to acquire Laurion's Tisdale
Properties in exchange in consideration of CAD$1,000,000 and 1,000,000 common
shares of San Gold (collectively the "Purchase Price"). The Corporation will
retain a 2% NSR on the North Tisdale Claims. A formal agreement will be entered
into between Laurion and San Gold upon completion of standard due diligence,
expected to take approximately 60 days. 


Laurion intends to use the proceeds of the sale of the Tisdale Properties for
the acquisition of an advanced stage project. Laurion considers that it will be
better positioned to generate greater shareholder value by directing its
exploration expertise towards near-term production gold mining properties,
versus grass roots properties.


About Laurion Mineral Exploration Inc.

Laurion is an exploration specialist company with key interests in highly
prospective properties in Ontario. Laurion's primary exploration focus will be
the identification of gold deposits; its exploration horizon will also encompass
base metals and PGEs. 


To receive Company press releases, please email jeanny@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.


Laurion - Issued and Outstanding Common Shares - 66,043,683

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