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Midland, in Partnership with Rio Tinto Exploration Canada, Intersects New Lithium and Cesium Bearing Pegmatites During the 2025 Drilling Program ON the Galinée Project

Exploration Programs Partnerships & JV

MIDLAND, IN PARTNERSHIP WITH RIO TINTO EXPLORATION CANADA,

INTERSECTS NEW LITHIUM AND CESIUM BEARING PEGMATITES DURING THE 2025

DRILLING PROGRAM ON THE GALINÉE PROJECT

Montreal, January 8, 2026. Midland Exploration Inc. (“Midland”) (TSX-V: MD), in partnership with

Rio Tinto Exploration Canada Inc. (“ RTEC”), is pleased to announce the results of the 2025 drilling

campaign for lithium on the Galinée project. The Galinée project is located approximately 5 kilometres

east of the Adina lithium deposit held by Winsome Resources (“Winsome”) and is subject to an option

agreement signed with RTEC in June 2023 ( see press release by Midland dated June 14, 2023 ) and

amended in April 2024 (see press release by Midland dated April 23, 2024).

Highlights:

• A total of twenty-three (23) additional drill holes completed in 2025:

o 1.14% Li2O over 30.59 metres, including 1.77% Li2O over 18.39 metres (TLIB0051);

o 0.53% Li2O over 22.90 metres, including 1.09% Li2O over 6.10 metres (TLIB0044);

o 1.08% Li2O over 17.10 metres (TLIB0034);

• Identification of new cesium mineralization in 2024-2025 drill holes:

o 9.15% Cs2O over 6.40 metres (TLIB0006);

o 1.89% Cs2O over 12.10 metres (TLIB0044);

• Identification of new gold mineralization:

o 8.8 g/t Au over 1.03 metres (TLIB0049);

o 3.3 g/t Au over 0.68 metres (TLIB0049);

• High resolution (low level) drone magnetics covering the project is completed;

• RTEC paid the remaining option agreement cash payments for a total of $487,500.

Galinée 2025 Drilling Program

The 2025 drilling program on G alinée consisted of fourteen (14) diamond drill holes and nine (9)

reverse circulation (“RC”) drill holes totalling 4,105.09 metres, out of which 1,078.60 metres were RC

drilling. All assay results have been received and the best lithium results are summarized in the table

below.

HoleID From (m) To (m) Interval (m) Li2O

(%)

TLIB0030 27.6 43.9 16.3 0.73

TLIB0034 47.6 64.7 17.1 1.08

TLIB0044

25.9 48.8 22.9 0.53

Including 25.9 29.0 3.1 1.26

Including 32.0 38.1 6.1 1.09

TLIB0051 46.91 77.5 30.6 1.14

Including 46.91 65.3 18.4 1.77

* Composite intervals with pegmatites greater than 10 metres and 0.40% Li2O% cut-off grade

Evaluation of the 2024-2025 drilling analytical results have identified several new cesium mineralized

intervals. Best results are summarized in the table below.

HoleID From (m) To (m) Interval (m) Cs2O

(%)

TLIB0006 188.6 195.0 6.4 9.15

TLIB0015 46.8 50.7 3.9 1.37

TLIB0030 34.8 43.9 9.1 0.52

TLIB0044 38.1 50.3 12.2 1.89

* Composite intervals with pegmatites greater than 3 metres and 0.30% Cs2O% cut-off grade

The objectives of the 2025 drilling campaign were to follow up on 2024 intersections that were mainly

outside the core of the main Iceberg area and which remained open and required further testing, and

also conduct step -outs throughout the property to test structural targets. A high-resolution magnetic

drone survey was completed on the project and the data used for targeting. The drilling campaign

mainly focused on four target areas relative to the Iceberg Showing, such as northeast, south, southeast,

and finally to the far west of the Galinée project. Drill results from holes TLIB0030, TLIB0034,

TLIB0044 and TLIB0051 suggest the presence of laterally extensive west -east lithium pegmatites

south of the Iceberg Showing. Best results returned core length interval composites of 1.14% Li2O over

30.6 metres, including 1.77% Li 2O over 18. 4 metres in hole TLIB0051. Hole TLIB0024 returned

1.08% Li2O over 17.1 metres. The newly identified cesium mineralization returned four (4) intervals

with a maximum of 9.15% Cs2O over 6.4 metres in hole TLIB0006.

Hole TLIB0049 did not intersect pegmatites, but is the first hole to traverse the amphibolite-paragneiss

contact south of the project. This contact is sheared and silicified with quartz veining and returned 8.8

g/t Au over 1.03 metres and 3.3 g/t Au over 0.68 metres. A similar contact was observed at surface at

the Elsa Showing (3.26 g/t Au over 2.4 metres) located 1.90 kilometres west-northwest of TLIB0049

(see press release by Midland dated May 23, 2019).

HoleID Easting

(m)

Northing

(m)

Azimuth

(°)

Dip

(°) Depth (m) Core

Size Type

TLIB0029 677559 5910103 14 -90 117.35 3¼" RC

TLIB0030 677032 5909178 30 -60 201.00 HQ Diamond drilling

TLIB0031 677796 5910021 18 -90 146.30 3¼" RC

TLIB0032 677306 5909847 24 -70 249.00 HQ Diamond drilling

TLIB0033 678104 5909699 27 -90 146.30 3¼" RC

TLIB0034 677360 5909168 21 -70 177.00 HQ Diamond drilling

TLIB0035 678534 5909754 20 -90 118.87 3¼" RC

TLIB0036 677711 5909667 42 -70 46.39 HQ Diamond drilling

TLIB0037 677711 5909667 41 -75 300.45 HQ Diamond drilling

TLIB0038 673907 5909231 5 -90 120.40 3¼" RC

TLIB0039 673867 5909119 6 -90 121.53 3¼" RC

TLIB0040 678146 5909211 30 -60 267.00 HQ Diamond drilling

TLIB0041 675828 5909833 14 -90 111.25 3¼" RC

TLIB0042 677159 5909066 30 -60 216.00 HQ Diamond drilling

TLIB0043 675733 5909012 6 -90 112.78 3¼" RC

TLIB0044 674698 5909075 6 -90 83.82 3¼" RC

TLIB0045 675648 5909109 6 -60 183.00 HQ Diamond drilling

TLIB0046 677311 5908964 318 -60 240.00 HQ Diamond drilling

TLIB0047 676157 5908731 318 -60 213.00 HQ Diamond drilling

TLIB0048 679686 5907842 338 -60 207.00 HQ Diamond drilling

TLIB0049 680349 5908372 228 -60 210.65 HQ Diamond drilling

TLIB0050 680487 5908528 8 -60 252.00 HQ Diamond drilling

TLIB0051 674399 5909071 8 -70 264.00 HQ Diamond drilling

* TLIB0001-TLIB0028 in the press release by Midland dated December 19, 2024

* Coordinates in UTM zone 18, NAD83

Geological and structural observations suggest that two distinct styles of lithium mineralization occur

on the Galinée project. The first style, in the Iceberg area, consists of 10 to 20 metre s-thick stacked

spodumene pegmatite system that is shallow dipping and oblique to the regional shear by about 30

degrees. The second style , south of Iceberg, generally consists of less than 10 metres-thick lithium

pegmatites that are laterally extensive and oriented west-east, parallel to the regional shear. Both types

of pegmatites are likely linked to a same intrusive event , but differ in their emplacement conditions.

The laterally extensive pegmatites alon g the shear zone were emplaced during periods of high strain

and limited dilation potential, resulting in thinner pegmatites. In the Iceberg area, transpression-related

deformation created the appropriate dilational environment for tension gashes to form probably due to

large blocks of granodiorite surrounding amphibolite. This local shearing and tension gashes, oblique

to the main shear zone, could have emplaced the Iceberg stacked pegmatite system.

The Iceberg spodumene pegmatite bodies remain open along strike and to depth and more drilling will

be necessary to more precisely determine their geometry and extension. Early metallurgical tests on

select core sections using LIBS scanning to identify and quantitatively determine grain size and the

lithium mineralogy is ongoing.

Galinée 2024 Drilling Program

The 2024 drilling program on Galinée consisted of twenty-one (21) diamond drill holes and seven (7)

RC drill holes totalling 6,284.86 metres, out of which 819.92 metres were RC drilling. The objectives

were to test the 2023 Iceberg Showing area with diamond drilling while using reverse circulation

drilling to test conceptual, prospecting and geophysical targets. The drilling campaign mainly focused

on the Iceberg showing and also the White Stripes, Surge, Snow Fox and White Lightning showings

(see press release by Midland dated October 24, 2024 ). Surface geological mapping combined with

drilling has identified a series of at least seven (7), meter to decamet re scale, spodumene pegmatite

bodies. Drill results from holes TLIB0014, TLIB0018, TLIB0022, TLIB0023, and TLIB0026 suggest

extension of the Iceberg showing to the east, while hole TLIB0020 , furthermore, suggests extensions

towards the west. The highlight result thus far returned core length interval composites of 1.38% Li2O

over 37.86 metres, including 1. 88% Li 2O over 21.35 metres, in hole TLIB0007. Hole TLIB0026

returned 1.03% Li 2O over 32.87 metres and hole TLIB0018 returned up to 1.46% Li 2O over 27.34

metres (see press release by Midland dated December 19, 2024). Correlations in sections suggest that

the spodumene pegmatite bodies dip shallowly, typically less than 30 degrees, and are often observed

as stacked sets in the drill holes.

About the Galinée Project

The Galinée project is located approximately 5 kilometres due east of the Adina deposit (consolidated

mineral resources of 61.4 Mt at 1.14% Li 2O Indicated and 16.5 Mt at 1.19% Li 2O Inferred, see press

release by Winsome dated May 28, 2024 ) held by Winsome. This deposit is located at the contact

between amphibolites of the Trieste Formation to the south and felsic intrusives to the north and is

marked by a major structure that likely controlled the emplacement of pegmatites at Adina. The same

highly favourable contact zone is present on the property over more than 7 kilometres, and the Iceberg

lithium showing was discovered along this contact (see press release by Midland dated September 19,

2023).

About the Option Agreement

RTEC notified Midland its intent to exclude the Mythril East, Corvette, Chisaayuu, Moria, Shire, Warp,

Sulu, Picard and Wookie projects from the option agreement, thus returning these projects 100% to

Midland. RTEC also paid the remaining option agreement cash payments for a total of $487,500.

Quality Control

RTEC sampling protocols include the insertion of blanks, duplicates, and standards as such: Internal

blanks were inserted at the beginning of every drill hole, or sample batch, and were inserted every 30

samples throughout. Field duplicates of ¼ cut drill cores were also inserted every 30 samples (with the

parent sample immediately preceding). At least 1 CRM standard was inserted within every intersected

pegmatite interval. CRM materials used included OREAS 750, OREAS 751, OREAS 753 and OREAS

999 for mineralized samples; OREAS 520 and OREAS 524 for unmineralized materials. All samples

were prepared by ALS Laboratories in Thunder Bay using a preparation package whereby the entire

sample is crushed to 70% less than 2 -millimetre mesh size using a Boyd crusher a nd splitter

combination. A one -kilogram split of crushed material is pulverized to better than 85% passing 75

microns mesh size. ALS internally sends all pulps to ALS Geochemistry in Vancouver for analysis.

Pegmatite materials were analyzed by a multi -method analytical package: (1) ME -MS61L four acid

digest and ICP-MS multicollector multi -element analysis, (2) ME -ICP06 lithium borate fusion whole

rock analysis, and (3) ME -MS81 lithium borate fusion trace elem ent analysis. All samples reporting

>4500 ppm Li are reported by both a dilution method from the four -acid digest ME -MS61L and

reanalyzed by Li-ICP82b sodium peroxide fusion and ICP-AES determination.

Cautionary Statements

The true thickness of mineralized intervals cannot be determined with the information currently

available.

RC drilling can statistically return higher grades because of physical and mechanical processes involved

in this type of drilling.

Lithium mineralization occurring at the deposits mentioned in this press release is not necessarily

indicative of mineralization that may be intersected on projects held by Midland and mentioned in this

press release.

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 RTEC, BHP

Canada Inc., Centerra Gold Inc., Barrick Gold Inc., Agnico Eagle Mines Limited, Wallbridge Mining

Company Ltd, Probe Gold Inc., Electric Elements Mining Corp. , SOQUEM Inc., 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 Midland’s portfolio and generate shareholder

value.

Qualified Person and Chief Geologist Jean-François Larivière, P. Geo, Ph. D, prepared, reviewed and

approved this press release and verified the Galinée project data as Midland’s qualified person (QP)

within the meaning of National Instrument 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.

Forward-Looking Statements

This news release contains forward -looking statements and forward -looking information (together, “forward -

looking statements”) within the meaning of applicable securities laws. Forward -looking statements include

statements relating to the Corporation’s expectations regarding the conclusion of additional agreements in regard

to newly acquired properties, and other estimates and statements that describe Midland’s future plans, objectives

or goals, including words to the effect that Midland or management expec ts a stated condition or result to occur.

All statements, other than statements of historical facts, are forward -looking statements. Forward -looking

statements involve risks, uncertainties and other factors that could cause actual results, performance, pro spects

and opportunities to differ materially from those expressed or implied by such forward-looking statements. Factors

that could cause actual results to differ materially from these forward -looking statements include, without

limitation, changes in gen eral economic conditions and conditions in the financial markets, changes in demand

and prices for minerals, failure to obtain the requisite permits and approvals from government bodies and third

parties, regulatory and governmental policy changes (laws an d policies) and those risks set out in Midland’s

public documents, including in each management discussion and analysis, filed on SEDAR+ at

www.sedarplus.com. Although Midland believes that the assumptions and factors used in preparing the forward -

looking statements are reasonable, undue reliance should not be placed on these statements, which only apply as

of the date of this news release, and no assurance can be given that such events will occur in the disclosed times

frames or at all. Except where required by applicable law, Midland disclaims any intention or obligation to update

or revise any forward-looking statement, whether as a result of new information, future events or otherwise.

1

Midland – Rio Tinto Option for Lithium

1

Galaxy Li Deposit

(Rio Tinto Lithium)

Shaakichiuwaanaan

(PMET Ressources)

Rose Li

Deposit

Sirmac Li

Deposit

Moblan Li

Deposit

Adina Li

(Winsome)

Whabouchi

Li Deposit

(Nemaska) Main Road

Midland

Lithium Occurrence

Midland/Rio Tinto

Option

Volcanic

Sedimentary

Intrusive

Galinée

Iceberg Li

Dhilmar Canada Inc.

Éléonore Gold Mine

Stornoway Diamond Corp.

Renard Mine

Water Body

N

2

James Bay (North) Lithium Occurrences

2

Lasalle project

Chisaayuu

Galinée project

Iceberg Spodumene

Pegmatites Dykes

Trieste

(Loyal Lithium)

Mirage

(Brunswick)

Mythril East

Tilly South

Shaakichiuwaanaan Li pegmatites

(PMET Ressources)

CV5-CV13: Indicated 80.1 MT at 1.44%

Li2O; Inferred 62.5 MT at 1.31% Li2O

( see press release by Patriot Battery

Metals dated August 5, 2024)

Adina Li (Winsome)

Indicated 61.4 MT at 1.14% Li2O

Inferred 16.5 Mt at 1.15% Li2O

( see press release by Winsome dated May

28, 2024)

Mythril project

Corvette

Mythril East

(East block)

Main Road

Midland

Lithium Occurrence

Midland/Rio Tinto

Option

Midland/Rio Tinto

Lithium Occurrence

Azimut Exploration

Inc./SOQUEM

1.62% Li2O over 158.0 metres

( see press release by Azimut

Exploration inc. dated June 19, 2024)

Volcanic

Sedimentary

Intrusive

Water Body

N

3

Galinée Project

3

Iceberg Spodumene

Pegmatites Dykes

Up to 1.38% Li2O over

37.86 metres (TLIB0007)

• Drilling program

Trieste

(Loyal Lithium)

Surge

Grab sample up-

to 3.61% Li2O

White Stripes

Grab sample up-to

6.37% Li2O

Lithium Occurrence

Midland/Rio Tinto

Option

Midland/ Rio Tinto

Lithium Occurrence

Volcanic

Sedimentary

Intrusive

Azimut Exploration Inc.

/SOQUEM

Up to 5.36% Li2O Boulder

( see press release by Azimut

Exploration inc. dated October

10, 2024)

Adina Li (Winsome)

Indicated 61.4 MT at 1.14% Li2O

Inferred 16.5 Mt at 1.15% Li2O

( see press release by Winsome dated May

28, 2024)

Azimut Exploration Inc.

/SOQUEM

1.62% Li2O over 158.0m

( see press release by Azimut

Exploration inc. dated June 19, 2024)

Snow Fox

Spodumene

pegmatite boulders

Up to 4.19% Li2O

White Lightning

Spodumene

pegmatite outcrop

Up to 4.62 % Li2O

Water Body

(see press releases by

Midland dated January

16, 2024, and October

24, 2024)

N