Laurion Mineral Exploration Inc.

Laurion Mineral Exploration Inc.

June 21, 2010 11:38 ET

Laurion Creates U.S. Subsidiary With Intent To Identify Near-Term Production U.S. Gold Properties

TORONTO, ONTARIO--(Marketwire - June 21, 2010) - Laurion Mineral Exploration Inc. (TSX VENTURE:LME) ("Laurion") is pleased to announce that it has launched Laurion Mineral Exploration USA LLC as a wholly owned subsidiary.

Laurion through its U.S. subsidiary Laurion Mineral Exploration USA LLC., ("Laurion U.S.") has entered into an agreement with a local group of very experienced mining and geologic professionals (the "BM Group") in the State of Nevada, with the intent of identifying near-term production gold properties.

About Laurion Mineral Exploration Inc.

Laurion is an exploration company with key interests in prospective gold mining properties. Laurion's primary exploration focus is the identification of gold deposits; its exploration horizon also encompasses base metals and PGM's.

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 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.

Contact Information

  • Laurion Mineral Exploration Inc.
    Cynthia Le Sueur-Aquin
    1-705-788-9187 (FAX)