Laurion Mineral Exploration Inc. (TSX VENTURE:LME)(OTCQX:LMEFF) ("Laurion") is
pleased to announce the commencement of an eight hole drill program on its
Sturgeon River Property, Beardmore, Ontario. Six drill holes are planned to
intersect strong targets recently defined in an induced polarization ("IP")
survey carried out by Quantec Geoscience on the Asha Zone in March 2011. Two
drill holes will examine the extent of the previously drilled Tehya zone at
depth and along the 800 meter strike length between LME10-07 and LME11-17.


Asha Zone

Results from the IP survey on the Asha Zone located south of the Sturgeon River
Mine area, indicated multiple strong chargeability anomalies, assumed to be
associated with sulphides. A total of 92 samples were collected in September
2010 in a comprehensive prospecting program conducted over the Asha Zone, which
resulted in gold values as high as 9.87 g/t gold and 136 g/t silver. Higher
assay values were clustered along an east-northeast trend over an 1,800 metre
strike length. The Asha Zone is adjacent to an 800 metre VLF EM anomaly that has
no outcropping areas. 


Highlights from the Asha Zone September 2010 sampling program included:



9.87 g/t gold with 136 g/t silver                                           
8.04 g/t gold with 59 g/t silver                                            
3.71 g/t gold with 9 g/t silver                                             
2.49 g/t gold                                                               
2.04 g/t gold                                                               
1.51% zinc                                                                  
10 additional samples grading between 0.5 g/t and 2 g/t gold                



Tehya Zone 

Two of the drill holes from this program, which will examine the extent of the
Tehya zone at depth and one drill hole is to be located on the 800 metre strike
between drill hole LME10-07 and drill hole LME11-017. In the event the Tehya
mineralization is identified to have continuity in this round of drilling, the
opportunity may exist to develop of a resource in this zone. The Tehya base
metal zone appears to be one of several anomalous zinc/copper areas, which in
combination with high grade gold and silver occurrences, is indicative of the
multi-faceted potential of the Sturgeon River Property.


The Tehya base metal zone was drilled in the summer of 2010 and reported 0.45
g/t Au, 27.80 g/t Ag, 0.94% Cu and 3.91% Zn over 4.08 metres in drill hole
LME10-07 within two parallel lenses of massive to semi-massive sulphides within
sheared and brecciated volcanics. Drill hole LME11-017 was drilled before the
spring break-up approximately 800 metres along strike of the "Tehya Extension"
LME10-07 hole. The Tehya zone was successfully intersected approximately 30
metres vertically below surface and the assays from LME11-017 reported 0.10 g/t
Au, 10.1 g/t Ag, 0.11% Cu and 2.85% Zn over 5.85 metres, including 0.05 g/t Au,
14.9 g/t Ag, 0.21% Cu and 9.79% Zn over 1.30 metres.


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 Minerals Exploration Inc.

The Corporation's focus is to make the transition in the near-term from explorer
to producer and envisages the realization of shareholder value and wealth
through monetization of its discoveries and assets. 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,
Canada and Nevada, USA.


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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