Laurion Announces Closing of Sale of Tisdale Properties to San Gold Corporation

	    Issued and Outstanding Common Shares - 66,043,683

	    TORONTO, Jan. 22 /CNW/ - Laurion Mineral Exploration Inc. ("Laurion") is
pleased to announce the closing of the sale of all of its property interests
(the "Assets") in the Tisdale Township, Ontario, to San Gold Corporation ("San
Gold") further to the agreement reached with San Gold and press released on
October 8, 2009. The Assets sold to San Gold consist of Laurion's 31.5%
interest in the Davidson-Tisdale property (the remaining 68.5% being owned by
VG Gold Corp. (VG: TSX)), its 100% interest in the North Tisdale property and
the surface rights owned by Laurion related thereto.
	    In consideration for the sale of the Assets to San Gold, Laurion received
cash compensation of $1,000,000 and 1,000,000 common shares in the capital of
San Gold, which is being held in escrow, and also retained a 2% net smelter
royalty on the North Tisdale property. The transaction remains subject to the
satisfaction of certain conditions, including the final approval of the TSX
Venture Exchange and the registration of applicable transfers. The
consideration will be released from escrow upon the satisfaction of such
conditions.
	    Laurion intends to use the proceeds of the sale to aggressively pursue
suitable mineral property acquisitions.

	    About Laurion Mineral Exploration Inc.

	    The Corporation is an exploration specialist company with key interests
in highly prospective properties in Ontario. The Corporation's primary
exploration focus is the identification of gold deposits; its exploration
horizon will also encompass base metals and PGEs.

	    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.

	    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. Neither Laurion nor its management assumes any
obligation to revise or update these forward-looking statements.






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	    /For further information: Laurion Mineral Exploration Inc., Cynthia Le
Sueur-Aquin - President, Tel: (705) 788-9186, Fax: (705) 788-9187, Website:
www.laurion.ca/