Midland and Wallbridge Commence Drilling ON the Casault Property

MIDLAND AND WALLBRIDGE COMMENCE DRILLING ON THE CASAULT PROPERTY

Montreal, September 24, 2024. Midland Exploration Inc. (“Midland”) (TSX-V: MD), in partnership

with Wallbridge Mining Company Ltd (“ Wallbridge”), is pleased to announce the commencement of

a diamond drilling campaign in the eastern part of the Casault gold property.

Highlights:

• Five (5) holes, 1,100m drilling program underway;

• Regional and structural mapping conducted in the summer of 2024;

• New prospective yet unexplored area north of the Sunday Lake Fault with up to 112 gold

grains found in till, including 97 pristine grains;

• More than 15 new exploration targets generated, including a new structural interpretation

and new drilling targets at Vortex.

Diamond Drilling

A drilling campaign totalling 1,100 m in five (5) drill holes was launched in September. The drill holes

will focus on a new prospective, yet unexplored area located north, “up -ice” from the gold -in-till

anomaly (97 pristine grains) detected in hole CSS-23-018 during the overburden drilling program

conducted in 2023. This target corresponds to a magnetic low ( possible alteration zones) that extends

along a northwest-trending subsidiary fault extending from the north break along the main Sunday Lake

Deformation Zone. This important structure is a first order metallotect to which are associated the Detour

Lake gold mine in Ontario and the Fenelon Gold and Martiniere gold deposits in Quebec. The new high-

priority target is favourably located, approximately 18 kilometres west of the Fenelon Gold deposit held

by Wallbridge.

In addition, regional-scale geological and structural mapping were conducted this summer over a total

of eight (8) days at Casault West and Casault East, in order to assess regional structures and potential

mineralization a) adjacent to the Martiniere property, b) adjacent to the Turgeon Pluton, and c) in the

sedimentary basin on Casault East.

Casault Gold Property

The Casault gold property, which comprises the Casault West and Casault East mineral claim blocks, is

located approximately 110 kilometres west of the town of Matagami, between Wallbridge’s 100%

owned Martiniere and Detour East gold properties. Wallbridge has an option to acquire up to a 65%

interest in the 177 km2 Casault property from Midland Exploration (see press release by Midland dated

June 18, 2020). Casault covers more than 20 kilometres of the Sunday Lake Deformation Zone, along

which the Martiniere and Fenelon Gold deposits held by Wallbridge are located and which also hosts

the world-class Detour Lake mine held by Agnico Eagle Mines Limited.

Cautionary Statement

Mineralization occurring on the Fenelon Gold and Martiniere gold projects held by Wallbridge, and at

the Detour Lake mine held by Agnico Eagle Mines Limited, is not necessarily indicative of

mineralization that may be found on the Casault property held by Midland.

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 Wallbridge

Mining Company Ltd, Barrick Gold Corporation, BHP Canada Inc., Rio Tinto Exploration Canada Inc.,

Probe Gold Inc., Agnico Eagle Mines Limited, Electric Element Mining Corp., SOQUEM Inc., Nunavik

Mineral Exploration Fund, Cosmos Exploration Limited, 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 prepared by Richard D St -Cyr. P.Geo., Exploration Director for Midland and

Qualified Person as defined by NI 43-101, who also approved the technical content of this press release.

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: 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

Midland / Wallbridge Casault Option

1

Midland Gold Projects

Mafic Volcanics

Felsic Volcanics

Ultramafics

Sediments

Mafic Intrusives

Felsic Intrusives

Casa Berardi Mine

Reserves 1.9 Moz Au

Douay

JouvexMistaouac

Valmond

Samson

Fleuribleu

Adam

Detour Lake Mine

Reserves P+P > 13Moz Au

Zone 58N Resources

Ind.: 534,300 oz Au

Inf. : 136,100 oz Au

Jeremie

Vezza West

Martiniere & Bug Lake

Hist. Ind. Res. 0.59 Moz Au

Vortex

B26

B14

Midland / Probe Gaudet –Fenelon JV

Selbaie Mine

Golden Delilah

Gaudet-Fenelon

Probe JV

Casault 100% Midland

Wallbridge Option

New Drilling Targets

Fenelon Gold

Ind. Res. : 2.13 Moz Au

Inf. Res. : 1.47 Moz Au

La Peltrie

Probe Option

New Cu-Au-Ag-Mo

Discovery

0.20% CuEq / 513.5m

2

Sonic Drilling – Gold Grain Count

2

Interpreted Intrusion and possible source

of gold grains

New Gold-in-till Anomaly

Up to 97 pristine gold grains

Ice flow direction

3

3

Drill Holes Location Over Mag (TMI)

New Gold-in-till Anomaly

Up to 97 pristine gold grains

CAS-24-143

CAS-24-142

CAS-24-141

CAS-24-140

CAS-24-139