Laurion Mineral Exploration Inc. Announces the Issuance of Common Shares Pursuant to Letter Agreement with St. Andrew Goldfields Ltd.



    Issued and Outstanding 41,278,383 Common Shares

    TORONTO, Nov. 7 /CNW/ - Laurion Mineral Exploration Inc. (TSXV: LME)
("Laurion") is pleased to announce that pursuant to the letter agreement (the
"Letter Agreement") previously disclosed by press release on October 4, 2007
and subsequently amended on October 29, 2007, Laurion has issued 500,000 of
its common shares (the "Shares") to St. Andrew Goldfields Ltd. ("St. Andrew")
as consideration for 100% of St. Andrew's legal and beneficial leasehold
interest in the Sturgeon Mine. The Sturgeon Mine is comprised of thirty-five
(35) patented mineral claims located in the historic Geraldton-Beardmore Gold
Camp, located 120 kilometres northeast of Thunder Bay, Ontario.

    Laurion Mineral Exploration Inc. is an early stage exploration specialist
company with projects in Ontario. Laurion's exploration horizons encompass not
only gold, but also base metals and PGE's.

    This document may contain or refer to forward-looking information based
on current expectations. Forward-looking statements are subject to significant
risks and uncertainties, and other factors that could cause actual results to
differ materially from expected results. These forward-looking statements are
made as of the date hereof and we assume no responsibility to update or revise
them to reflect new events or circumstances.

    The TSX Venture Exchange has neither approved nor disapproved the
    information contained herein and does not accept responsibility for the
    adequacy or accuracy of this release.




For further information:

For further information: Laurion Mineral Exploration Inc., Cynthia Le
Sueur-Aquin - President, Tel: (705) 788-9186, Fax: (705) 788-9187, Website:
www.laurion.ca; CHF Investor Relations, www.chfir.com, Barry Leung - Broker
Relations Account Manager, barry@chfir.com, Tel: (416) 868-1079 ext.247; Kelly
Cody - Assoc. Account Manager, kelly@chfir.com, Tel: (416) 868-1079 ext.223

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Laurion Mineral Exploration Inc.

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