Midland in Partnership with Soquem Begins Its 2025 Exploration Program in a Strategic Part of the Labrador Trough, Quebec
MIDLAND IN PARTNERSHIP WITH SOQUEM BEGINS ITS 2025 EXPLORATION
PROGRAM IN A STRATEGIC PART OF THE LABRADOR TROUGH, QUEBEC
Montreal, June 17, 2025. Midland Exploration Inc. (“Midland”) (TSX-V: MD) is pleased to present
its summer 2025 exploration program under the Strategic Alliance (the “Alliance”) with SOQUEM Inc.
(“SOQUEM”) focusing on exploration in the Labrador Trough in Nunavik. With a joint budget of
$1 million, this program is the continuation of work undertaken since 2021.
Since 2024, efforts have focused on the central part of the Labrador Trough, identified as prospective
for the discovery of economic copper mineralization . In 2025, exploration will continue more
specifically on the Nachicapau and Dunphy South projects, located in the heart of this strategic area.
Helicopter-supported fieldwork will begin June 23 rd and will include rock and soil geochemical
sampling campaigns as well as an OreVision® spectral induced polarization survey.
Highlights
• Follow-up on copper occurrences discovered in 2024 on the Dunphy South project, grading up to
3.73% Cu in a strongly altered mafic intrusive of the Wakuach Suite. A rock and soil (B horizon)
sampling campaign is set to begin at the end of June in order to determine the extent of the
geochemical signature associated with this mineralization.
• An OreVision® spectral induced polarization survey totalling 40 km is planned in July on the
Nachicapau project, to identify deeper targets possibly indicating the presence of economic
mineralization.
• Follow-up on the copper -gold-silver-enriched hydrothermal system on the Nachicapau project,
where 15 showings spread out over several kilometres strike length yielded grades reaching up to
39.90% Cu, 308 .00 g/t Ag, and 25.60% Cu, 4 .90 g/t Au and 162.00 g/t Ag in grab samples . A
lithogeochemical sampling campaign is planned in September to continue our work on certain
showings and along the southeast extension of known occurrences, and to provide a follow -up on
the results of the OreVision® survey.
Dunphy South Area
In 2025, Midland and SOQUEM will namely focus on defining the extent of copper showings identified
in 2024 on the Dunphy South project, and on assessing the potential in this area.
Chalcopyrite mineralization is observed in multiple fractures and quartz-calcite veins within an altered
mafic intrusive of the Wakuach Suite. Pervasive and locally intense albite, actinolite and potassic
feldspar alteration was identified, as well as hema tite and epidote alteration associated with fractures.
Best grades include values of 3.73% Cu and 1.94% Cu in the northernmost part of the area, and
0.54% Cu in the southernmost part , located 3.7 km along the extension of a northwest -southeast-
trending mag netic axis (Figure 2) . These samples also exhibit anomalous values in several other
elements such as gold, cobalt and molybdenum.
Field data collected in 2024, and a compilation of historical data led to the definition of exploration
targets for 2025, where rock samples will be collected. In parallel, approximately 130 soil samples
(B horizon) will be collected in strategic areas to define the signature of this mineralization in
Quaternary sediments. This work is set to begin at the end of June.
Nachicapau Area
Exploration work will continue in 2025 on the Nachicapau project, to continue data acquisition and
improve our geological understanding of this vast copper-gold-silver-enriched hydrothermal system. In
parallel, Midland and SOQUEM will attempt to identify new mineralized areas not exposed on surface
and establish targets possibly indicating the presence of economic mineralization.
Over the past three years, fieldwork conducted by Midland and SOQUEM has led to the discovery of
15 Cu-Au-Ag showings outlining a vast hydrothermal system that extends over several kilometres. This
hydrothermal system exhibits structural control and is characterized by potassic, sodic-calcic, and iron
oxide alteration patterns. Digenite, bornite, and malachite mineralization is observed as disseminations
in shear zones, or in pods up to several centimetres in size in veins injected in rocks of the Murdoch
Formation. Best results include: 39.90% Cu, 308.00 g/t Ag and 0.04 g/t Au, and 25.60% Cu, 4 .90 g/t
Au and 162.00 g/t Ag. Most of the mineral occurrences are clustered in one main area extending over
3.7 km in length, although mineralized veins grading up to 5.22% Cu, 13.80 g/t Ag and 0.65 g/t Au are
also exposed in another prospective area located 10 kilometres to the southeast. V ery little exploration
work has been conducted between the two areas.
In 2025, an OreVision® spectral induced polarization survey will be undertaken in July. The survey
will total 40 line kilometres over a distance of 4.6 km and will cover all of the mineral occurrences
included within the main area. This survey is designed to identify targets possibly indicating the
presence of economic mineralization.
In parallel, a lithogeochemical sampling campaign is planned in September, to continue our work on
certain showings and along the southeast extension of known occurrences, and to provide a follow -up
on the results of the OreVision ® survey. Surface exploration targets were namely defined based on a
new structural interpretation generated using the results of a high-resolution magnetic survey conducted
by drone in 2024.
Quality Control
Rock and soil samples from the project are analyzed at Actlabs laboratories in Ancaster, Ontario, by
ICP-MS with four -acid digestion for metals , and by standard fire assay on 50 -gram fractions with
atomic absorption finish for gold. Exploration programs are designed, and results are interpreted by
Qualified Persons employing a Quality Assurance/Quality Control program consistent with industry
best practices, including the use of standards and blanks for every 20 samples.
Cautionary Statements
Grab samples are selective by nature and may not be representative of mineralized zones. Furthermore,
the true thickness of mineralized intervals cannot be determined with the information currently
available.
About the Strategic Alliance with SOQUEM
The Strategic Alliance enables Midland and SOQUEM to combine their efforts and expertise to jointly
explore the excellent potential for gold and strategic minerals of the vast and underexplored Labrador
Trough. The area of interest defined under the Allian ce is located in Nunavik. Geologically, it covers
the Labrador Trough, the Rachel-Laporte Zone and the Kuujjuaq Domain. The area of interest extends
from Schefferville in the south up to approximately 100 km northwest of Kangirsuk. This agreement
calls for investments in exploration reaching up to $5 million over a period of four (4) years, with a
firm commitment of $2 million within the first two (2) years of the agreement. In March 2023, a joint
venture agreement between Midland and SOQUEM was executed to define the terms governing
exploration and development work on the mining claims forming the Nachicapau property. In 2025, the
Alliance continues, and exploration work will resume on the Nachicapau project and on the Dunphy
South project with a joint annual budget of $1 million (50% Midland and 50% SOQUEM).
About SOQUEM
SOQUEM, a subsidiary of Investissement Québec, is dedicated to promoting the exploration, discovery
and development of mining properties in Quebec. SOQUEM also contributes to maintaining a strong
economy in Quebec’s regions. A proud partner and ambassador for the development of Quebec’s
mineral wealth, SOQUEM relies on innovation, research and strategic minerals to be well positioned
for the future.
About Midland
Midland targets the excellent mineral potential of Quebec to make the discovery of new world -class
deposits of gold and critical metals. Midland is proud to count on reputable partners such as SOQUEM
Inc., BHP, Rio Tinto Exploration Canada Inc., Agnico Eagle Mines Limited, Wallbridge Mining
Company Ltd, Probe Gold Inc., Electric Elements Mining Corp., Nunavik Mineral Exploration Fund
and Abcourt Mines Inc. Midland prefers to work in partnership and intends to quickly conclude
additional agreements in regard to newly acquired properties. Management is currently reviewing other
opportunities and projects to build up the Company portfolio and generate shareholder value.
This press release was reviewed and approved by Richard St -Cyr, P.Geo., Exploration Director for
Midland and Qualified Person as defined by NI 43-101.
For further information, please consult Midland’s website or contact:
Gino Roger, President and Chief Executive Officer
Tel.: 450 420-5977
Fax: 450 420-5978
Email: [email protected]
Website: https://www.midlandexploration.com/
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 press release may contain forward -looking statements that are subject to known and unknown risks and
uncertainties that could cause actual results to vary materially from targeted results. Such risks and uncertainties
include those described in Midlan d’s periodic reports including the annual report or in the filings made by
Midland from time to time with securities regulatory authorities.
1
Labrador Trough - Nachicapau Alliance
2025 Fieldwork Areas
1
Dunphy Sud
Project
Waskaikinis
(Fort Mackenzie)
Figure 1bFigure 1a
Ungava bay Labrador sea
Legend
Claims
Geology
Rachel-Laporte
Labrador Trough
Core Zone
Midland-SOQUEM
Midland 100%
Other cies
AOI Midland-SOQUEM
AOI Midland-BHP
2025 Fieldwork
Historical Cu showings
Projection System:
Universal Transverse Mercator NAD83 Zone 19
(Grid Longitude/Latitude)
Exploration restrictions
Exploration prohibited
Specific agreement for
conservation
(exploration allowed)
Category II Land
AOI NMEF
Nachicapau
Project
DUNPHY SUD PROJECT
Cu showings Midland-
SOQUEM 2024
NACHICAPAU PROJECT
15 Cu-Au-Ag showings
discovered by
Midland-SOQUEM
since 2022
Kuiper Project
Midland 100%
2
2
Boulder
2024 rock samples
Cu ppm
Fieldwork
Outline of mining claims
Midland-SOQUEM
Mining claims
Geology
C1456532 : 3.73% Cu, 65 ppb
Au, 19 ppm Co, 12 ppm Mo
5-7% disseminated chalcopyrite,
intense hydrothermal alteration to
orthoclase, calcite and albite
C1456144 :
0.54% Cu, 41 ppm Co
7% malachite in cm clusters
and 3% chalcopyrite
C1456132 :
0.94% Cu, 43 ppm Co
5% de chalcopyrite in cm
clusters associated with potassic
alteration and albitization
C1456535: 0.58% Cu,
166 ppm Co, 22 ppb Au
2-3% chalcopyrite and malachite
in halo around fractures,
associated potassic alteration
Aphyric gabbro, olivine gabbro
WAKUACH FORMATION
CHAKONIPAU FORMATION
Arkosic sandstone, polygenic
conglomerate, siltstone and mudstone Projection System:
Universal Transverse Mercator NAD83 Zone 19
Fault
C1456534 : 1.94% Cu, 143 ppm
Co, 52 ppb Au, 18 ppm Mo
Chalcopyrite (5%) and pyrite (2%)
veinlets with potassic alteration and
albitization
Dunphy Sud – 2024 Results
Figure 2
3
3
Midland-SOQUEM claims
2022-2023 Rock samples
Boulder
Legend
Cu ppm
< 300
Field work
Projection System :
Universal Transverse Mercator
NAD83 Zone 19
Titres miniers et restrictions
Specific agreement for conservation
(exploration allowed)2012 Virginia Drillhole
Géologie
Ultramafic to mafic pyroclastic rock, magnetic
basalt and chloritic schist
Magnetite bearing dolomite
interbedded with chert
MONTAGNAIS GROUP
Aphyric gabbro, olivine gabbro, quartz
gabbro, locally pegmatitic
MURDOCH FORMATION
Basalte, massive and pillowed
Grey mudstone and siltite
Greywacke interbedded with conglomerate,
turbidite
Magnetite bearing dolomite
BACCUS FORMATION
DENAULT FORMATION
Area of historical high grade
Zn boulders up to 17.50 % Zn
(#43390439)
2022 showing of
Mineralized Cu-Au
Horizons (see next figure)
2023 showing
13.80 % Cu, 0.03 g/t Au
2023 showing
1.71 % Cu, 0.05 g/t Au
3.33 % Cu, 3.98 g/t Au (boulder)
Lac
Nachicapau
Midland 2018 showing
3.16 % Cu , 5.27 g/t Au
Boulder
2024 discoveries :
Main area over 2,7
km long containing
mineralized veins of
digenite, bornite and
malachite
Figure 2a
Figure 2b
Figure 3a
Figure 3b
1.65 % Cu, 2.10 g/t Ag 0.66 g/t Au
39.90 % Cu, 308 g/t Ag, 0.04 g/t Au
34.10 % Cu, 203 g/t Ag, 0.13 g/t Au
15.40 % Cu, 84.70 g/t Ag, 1.51 g/t Au
1.82 % Cu, 5.00 g/t Ag, 0.03 g/t Au
4.94 % Cu, 32.20 g/t Ag, 0.20 g/t Au
5.98 % Cu, 22.00 g/t Ag, 0.08 g/t Au
2.95 % Cu, 27.60 g/t Ag, 0.01 g/t Au
23.90 % Cu, 238 g/t Ag, 1.40 g/t Au
5.22 % Cu, 13.8 g/t Ag, 0.65 g/t Au
0.43 % Cu, 1.9 g/t Ag,
0.09 g/t Au
300 – 1,000
1,000 – 5,000
> 10,000
5,000 – 10,000
Cu ppm
2024 Rock samples
2024 Results
Nachicapau – 2024 Results
Unexplored
area
4
4
Nachicapau – Best Results
#C879186 : 10.05 % Cu,
0.19 g/t Au, 62.90 g/t Ag
#C879107 :
3.24 % Cu, 1.97 g/t Au,
23.60 g/t Ag
#C878897 : 1.26% Cu,
5.80 g/t Au, 10.90 g/t Ag
#C879209 :
25.60 % Cu,
4.90 g/t Au,
162.0 g/t Ag
#C878990 :
2.95 % Cu, 0.27 g/t Au,
30.0 g/t Ag
Indice 2018
3.16 % Cu, 5.27 g/t Au,
40.7 g/t Ag
Channel 2
0.90 % Cu , 0.45 g/t
Au, 7.01 g/t Ag over
3.0 metres
Channel 1
1.49 % Cu, 0.54 g/t
Au, 11.41 g/t Ag
over 4.0 metres
Geology
Murdoch Formation
Mafic pyroclastic rock,
Magnetic Basalt, Chloritic
Schist
Magnetite bearing
Dolomite interbedded with
chert
2024 discovery :
1.29 % Cu, 10.10 g/t Ag, 0.19 g/t Au
Ultramafic schist with disseminated
ankerite, malachite, bornite in the
schistosity
(2022-2023)
Cu ppm (2024)
2024 Results
LEGEND
> 10,000
Assays results
Figure 4