LME Laurion Mineral Exploration Inc

Laurion Mineral Exploration Inc. (TSX VENTURE: LME) ("Laurion") is pleased to announce assay results of the first drill hole on its Sturgeon River project. Drill Hole LME10-01 intersected a 0.36 m vein which was drilled on the extreme southwestern end of the Marge vein. The vein assayed 20.20 g/t (0.59 oz/ton) gold over 0.36 m, from 39.18-29.54 m down hole, and with the inclusion of weakly mineralized wall rock, the intersection was 5.55 g/t (0.16 oz/ton) over 1.32 m from 39.18-40.50 m. The vein is contained within a sheared diorite and hosted minor pyrite. The drill hole was designed to intersect the vein at right angles. The vein contacts were normal to core axis and is believed to be true thickness.

Drill hole LME10-01 targeted the Marge vein previously exposed by extensive trenching in the mid 1930s. Phoenix Gold Mines Inc. channel sampled this vein in 1984 over a strike length of 154 m (505 ft), reporting an average grade of 25 g/t (0.73 oz/ton) gold over an average width of 0.36 m (1.2 ft). In 2008 Laurion stripped and channel sampled the Marge vein for 47 m (154 ft) across the exposed vein width of 1.5 m (4.9 ft) collecting 34 channel samples. These samples averaged 0.49 oz/ton (16.97 g/t) gold over an average width of 0.47 m (1.54 ft).

Laurion is awaiting the assay results from four more holes drilled on the Marge vein. In addition two holes were drilled on the No. 11 vein and the Zinc zone to the southeast of the Marge vein. Assay results are also pending on this drilling.

All drill core from the 2010 first phase drill program was logged, split and sampled at a secure core facility in Jellicoe, Ontario. Samples were delivered by GeoVector Management Inc. personnel to the Activation Laboratories ("Actlabs") facility in Thunder Bay. Actlabs is an ISO/IEC 17025 accredited analytical laboratory. Analysis was by fire assay with AA finish. Analytical accuracy and precision are monitored at the laboratory by the analysis of reagent blanks, reference material and replicate samples. Quality control is further assured by the use of international and in-house standards. GeoVector routinely inserted blanks and certified standards into the sample stream in order to independently assess analytical accuracy.

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

About Laurion Mineral Exploration Inc.

Laurion's focus is to make the transition from explorer to near-term producer. Laurion's exploration horizons are focused primarily on gold with a secondary interest in base metals and PGEs with key interests in prospective mining properties located in Ontario and Nevada USA.

Laurion envisages the realization of shareholder value and wealth through monetization of its discoveries and assets.

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. Laurion and its management assume no obligation to revise or update these forward-looking statements.

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

Contacts: Laurion Mineral Exploration Inc. Cynthia Le Sueur-Aquin President 1-705-788-9186 1-705-788-9187 (FAX) www.laurion.ca