Saturday, September 26, 2026
MiningNewsTerminal
Saturday, September 26, 2026 Admin

MD.V ·

Midland and RIO Tinto Resume Drilling Along the Extensions of the Santos Nickel-Copper Zone, Tête Nord Project

Exploration Programs

MIDLAND AND RIO TINTO RESUME DRILLING ALONG THE EXTENSIONS OF THE

SANTOS NICKEL-COPPER ZONE, TÊTE NORD PROJECT

Montreal, November 14, 2023. Midland Exploration Inc. (“Midland”) (TSX-V: MD) is pleased to

report that following the approval of permits, drilling has resumed along the extensions of the new

Santos nickel-copper ( “Ni-Cu”) discovery located on the Tête Nord property. This property is

currently wholly owned by Midland but is subject to an option agreement with Rio Tinto Exploration

Canada Inc. (“RTEC”) since December 2021 and i s located near the town of La Tuque, Quebec (see

press release by Midland dated December 2, 2021).

This new drilling program targeting the Santos zone consists of four (4) drill holes totalling

1,150 metres and is mainly designed to test new conductors identified at depth on the Santos zone

following downhole and ground-based electromagnetic surveys.

The Santos Ni-Cu zone was discovered in early 2023 following the drill testing of an electromagnetic

VTEM anomaly . The di scovery hole (MDLD0015) intersected, from 14 metres to 80 metres

downhole depth, several layers with Ni -Cu mineralization within altered gabbro horizons. From

20.11 to 22.79 metres, the drill hole intersected 1.10% Ni and 0.71% Cu over 2.68 metres. Further

down, from 33.02 to 43. 39 metres, a minera lized interval graded 0.45% Ni and 0.18% Cu over

10.37 metres (see press release by Midland dated April 27, 2023).

A second shallow hole was drilled in July 2023 on the Santos zone, approximately 50 metr es west of

the discovery hole. After going through 11.66 metres of overburden, drill hole MDLD0018 intersected

a mineralized zone grading 0.33% Ni and 0.12% Cu over 39.73 metres, from 11.66 to 51.39 metres

downhole d epth (see press release by Midland dated October 12, 2023 ). The interval exhibits

impressive m agmatic breccia s with decimet re-scale semi-massive sulphide zones, indicati ve of a

dynamic magmatic system at Sant os. The two drill holes, MDLD0015 and MDLD0018, began

directly in the mineralized zone; the total thickness of this zone has yet to be determined and the zone

remains open in all directions.

A very similar target as Santos, occurs 770m to the south. The Santos South target consists of a subtle

airborne EM located in a very similar fold structure as the Santos occurrence. One drill hole totaling

300m will be drilled to test this target.

Additional targets were also s elected for another phase of drill testing (5-7 drill holes) in early 2024,

in the Bonhomme and Cutaway-East areas.

Regionally, th e new Santos Ni-Cu zone is favourably lo cated along a N -S-trending structure,

approximately 8 kilometres north of the former Lac Edouard Ni-Cu mine.

About the Tête Nord Ni-Cu property

The Tête Nord property covers mafic and ultramafic rocks of the La B ostonnais Complex north of La

Tuque, w hich ho sts the former Lac Edouard mine that historica lly prod uced 50,000 tonn es of ore

grading 1.50% Ni and 0.50% Cu (source: SIGEOM NTS sheet 31P09).

This property hosts a few mineral occurrences, including the Savan e showing located approximately

25 kilometres south of the former Lac Edouard mine. This Ni -Cu show ing was discovered by

prospecting in 1995 when grab samples collected in a pyroxenite yielded historical values of 1.80% Ni

and 0.20% Cu. Another grab sample from a subcropping boulder also yielded grades of 1.98% Ni and

0.46% Cu about 250 metres n orth of the Savane showing (Source: SIGEOM NTS sheet 31P07;

GM55352).

Cautionary statements:

Note that grab sample grades may not be representative of mineralized zones.

The true thickness of reported intervals cannot be determined with the information currently available;

intervals are thus reported in core length.

Mineralization occurring at the former Lac Edouard min e is not necessari ly i ndicative of

mineralization that may be found on the Tête Nord property held by Midland in partnership with

RTEC.

Quality Control

Drill core samples were sent to ALS Thunder Bay for prep aration and ALS Vancouver for analysis.

Samples were prepared by the RIORCK package where the entire sample is crushed to 70% less than

2mm using a Boyd crusher-splitter combination, then 1kg of material is pulverized to better than 85%

passing 75 microns. This method includes bet ween-sample washes on both the crushers

and pulverizers. The samples were analyzed for a full element suite using lithium borate fusions (ME -

ICP06 and ME-MS81), four acid digestions (ME-4ACD81), S and C by induction furnac e (ME-IR08)

and Au-Pt-Pd by an ultralow detection 30g fire assay (PGM -MS23L). The MDLD0018 batch of 59

samples included 3 CRMs, 2 blanks, and 2 core duplicates for a QC insertion rate of 13%. The

certified reference materials were in -house stand ards TAM26 and TAM28 , all independently

manufactured and independently certified , and a commercial standard OREAS 86 . ALS included

laboratory QC of a range of blank and CRM materials, and 7 RTX samples were analyzed twice as

pulp duplicates.

About Midland

Midland targets the excellent mineral p otential 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 R TEC,

BHP Canada Inc., Barrick Gold Corp., Wallbridge Mining Company Ltd, Probe Gold In c., Agnico

Eagle Mines Limited, Osisko Developmen t Corp., SOQUEM Inc. , Brunswick Explora tion Inc.,

Nunavik Mineral Exploration Fund, Cosmos E xploration Limited and Abcourt Mines Inc . Midl and

prefers t o work in partnership and inte nds to quickly conc lude a dditional a greements in regard to

newly acquired properties. Managemen t is currently rev iewing other opportunities and projects to

build up Midland’s portfolio and generate shareholder value.

Qualified Person and VP Exploration Mar io Masson prepared this press release and v erified the Tête

Nord project data as Midland ’s qualified person (QP) within the meaning o f 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 i ts Reg ulation Services Provider (as that term is defined in the

policies of the TSX Venture Exchange) accepts responsi bility for the ad equacy or a ccuracy of this

release.

This press release may contain forward -looking statements that are subject to known and unk nown

risks and uncertainties that could cau se actual results to vary materially from targeted results. Such

risks and un certainties i nclude those described in Midland’s periodic reports including the annual

report or in the filings made by Midland from time to time with securities regulatory authorities.

1

Midland / Rio Tinto Tete Nord Location

Midland / Rio Tinto

Tete Nord Option (Ni-Cu)

La Tuque

Montreal

Quebec

2

Tête-Nord Project – Santos Location

2

Lac Edouard Ni-Cu Mine

Rochette Ni-Cu

Tête-Nord Zn-Cu-Au (SMV)

Savane Ni-Cu

Lac Matte Ni-Cu

Cabouron Cu

Lac Curé Ni-Cu

Kiskissink Ni-Cu

Kennedy Ni-Cu

Ghislaine Cu

Midland 100%

Midland/Rio Tinto Option

Main showings

Mine (closed)

Rio Tinto 100%

Other claims

Santos New 2023 Ni-Cu Zone

0.45% Ni, 0.18% Cu over 10.37 m (MDLD0015)

Including : 1.1% Ni, 0.71% Cu over 2.68 m

0.33% Ni, 0.12% Cu over 39.73 m (MDLD0018)

Including : 0.75% Ni, 0.27% Cu over 2.32 m

Savane New 2023 Drilling Results

Up to 1.07% Ni, 0.13% Cu over 0.78 m

La Tuque

3

3

Santos Ni-Cu Zone ; DDH MDLD0018

48 m

35 m

4

4

Santos Ni-Cu Zone ; DDH MDLD0018

5

5

Santos Ni-Cu Zone ; DDH MDLD0015