Laurion Mineral Exploration Inc. (TSX VENTURE:LME)(OTCQX:LMEFF) ("Laurion") is
pleased to announce the completion of an induced polarization ("IP") survey
carried out by Quantec Geoscience on the North East Grid (Ahki Zone) of a
polymetallic base metal target on its Sturgeon River Property, Beardmore,
Ontario. Laurion has commenced drilling on the IP anomalies that have been
defined by this survey. IP surveying on the South East Grid (Asha Zone) has also
been completed.


To explore these targets GeoVector Management Inc. designed two IP surveys
(North East Grid on the Ahki Zone and the South West Grid on the Asha Zone). The
survey was carried out over 16 line kilometers with 100 meter line spacing and
25 meter station intervals using TDIP pole-dipole array for the IP and a GSM-19
Overhauser magnetometer.


Results from the IP survey on the North East Grid (Ahki Zone) indicated multiple
chargeability anomalies, assumed to be associated with sulphides, located south
of the contact between intermediate volcanics/porphyry and tuffaceous rhyolites.
The contact (A2 gold zone) has previously been drilled by Placer Dome (1988) and
zones of significant sphalerite and chalcopyrite over 900 meters of strike were
recorded. The strongest IP chargeability anomalies were not drilled. These
anomalies are being tested in the current drill program. In addition, 3 drill
holes will test base metal mineralization in the area of the A6 vein, which
during previous prospecting and mapping in 2010, returned a grab assay of 6.76
g/t Au, 10.2% Zn, 0.70% Cu and 8.5 g/t Ag. The initial drilling program on the
North East Grid has nine holes planned for 1300 meters, and is being carried out
by Cobra Drilling Limited. It is expected that this first phase of drilling will
take 3 weeks to complete, although spring thaw may require a 2 week break during
the program, extending the timeline to completion. This program will be followed
by drilling of identified targets on the South West Grid.


The IP grids are associated with the Tehya base metal zone which was drilled in
the summer of 2010 and reported 0.94% Cu, 3.91% Zn, 27.80 g/t Ag and 0.45 g/t Au
over 4.08 m in drill hole LME10-07 within two parallel lenses of massive to
semi-massive sulphides within sheared and brecciated volcanics. Subsequent
trenching exposed the sulphide mineralization for approximately 15 meters and
channel sampling returned 7.44% Zn, 0.91% Cu and 20.8g/t Ag over 1.50m and 3.07%
Zn, 0.32% Cu and 14.7 g/t Ag over 4.05 meters. The stripping, mapping and
channel sampling provided important information on the strike, dip, and
structural setting for the VMS style Cu-Zn-Pb-Ag-Au zones.


One of the main purposes of the stripping of the Tehya zone, was to define the
geological controls and apply this knowledge to the exploration of several high
priority zinc/copper soil anomalies. These high priority anomalies are not
exposed in outcrop but are covered with thin overburden. They display much
larger and stronger soil anomalies than the Tehya Zone. These anomalies are
complimented by 400 to 800 meter long historical very low frequency -
electromagnetic ("VLF-EM") (1984) survey anomalies, and have known Zn-Cu-Ag-Au
showings located close to the anomalies. These VLF-EM anomalies have not been
previously drilled. Drilling by Placer Dome in 1988, proximal to these anomalies
indicated occurrences of disseminated to massive sphalerite (zinc) and
chalcopyrite (copper) in tuffaceous rhyolites that are brecciated and
silicified. Placer Dome did not carry out any base metal assaying during its
search for gold mineralization.


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. Such statements include, but are not limited to, statements
concerning the approval of Laurion's application to trade its common shares over
the facilities of the OTCQX and the commencement of such trading.
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.


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