Silver/Gold Intercepts From First 3 Holes Assayed at Bell Mountain 

TORONTO, ON - Laurion Mineral Exploration Inc. reported the drill results of the first three holes completed on the Sphinx Zone at its 100% owned Bell Mountain project located in Churchill County, Nevada.

The Corporation has received assay results for the first three holes of the Sphinx drill program. Holes SPX-2, 3 and 4 were drilled at the extreme northwest end of the Sphinx Zone, where high values or substantial widths were not expected. The intercepts are in those sections of the holes with quartz veinlets.

The Sphinx drill program is composed of 1,219.2m (4,000ft.) of reverse circulation drilling ("RC"). Approximately 823m (2,700ft.) is planned to be completed on the Sphinx Zone.

Historic sampling indicates that the Sphinx Zone is approximately 300m (1,000ft.) along strike and up to 24m (75ft.) in maximum width. The Sphinx Zone dips approximately 60 degrees to the south-west and thus drilling could contribute significantly to the resource totals. The remaining reverse circulation ("RC") drill holes are infill and step-out holes in the main portion of the Sphinx Zone.

The holes were designed to intersect the mineralized zone as close to perpendicular to the strike and dip as possible, within the limitations of equipment and terrain.  All holes intersected the mineralized zones at 60-70 degrees, and true widths are interpreted to be 80-90% of drill intersection widths.

The Bell Mountain is a silver/gold project located in the south-eastern part of Churchill County in west-central Nevada. The Property is located approximately 82 road kilometres south-east of Fallon and 102 air kilometres south-east of Reno, Nevada.

The company's address is 333 Bay Street, Suite 2900, Toronto, ON M5H 2T4, (705) 788-9186, fax: (705) 788-9187, email: [email protected].