MD.V · 2021-09-23 12:00:00

Midland Begins Stripping Program ON Its New Golden Nest GOLD Showing Discovered ON Lewis

Exploration Programs

MIDLAND BEGINS STRIPPING PROGRAM

ON ITS NEW GOLDEN NEST GOLD SHOWING DISCOVERED ON LEWIS

Montreal, September 23, 2021. Midland Exploration Inc. (“Midland” or the “Corporation”) (TSX-

V: MD) is pleased to report the start of a stripping program on its new Golden Nest gold showing

discovered in the summer of 2021 on its Lewis project, wholly owned by Midland and located

approximately 60 kilometres southwest of the town of Chapais in the Abitibi region of Quebec.

This new project, acquired in April 2020, consists of 172 clai ms (95 km2) and covers a strategic

position characterized by a regional flexure proximal to the Guercheville-Opawica deformation zone.

The Lewis project is located approximately 60 kilometres northwest of the Nelligan deposit jointly

held by Iamgold Corporation (75%) and Vanstar Mining Resources (25%).

Grab samples from the new Golden Nest showing yielded two gold grades of 10.2 g/t Au and 2.1 g/t

Au. These values are located approximately 1.1 kilometres east of the Red Giant showing discovered

by prospecting in 2020, where channel samples yielded values up to 0.35 g/t Au over 9.0 metres.

The Golden Nest gold showing is directly associated with an induced polarization (IP) anomaly that

coincides with a sharp increase in resistivity and corresponds to a small outcrop of approximately

10 square metres exhibiting 2 to 10% pyrite mineralization. The IP anomaly associated with this gold-

bearing zone may be traced over a distance of at least 400 metres to the west. The gold-bearing zone is

entirely new, readily accessible by road and has never been drill-tested.

The recently launched stripping program is mainly designed to define the extent and in vestigate the

extensions of the mineralized zone on the Golden Nest showing, and to improve our understanding of

the structural controls and associated alteration patterns. During the program, the best unexplained IP

anomalies located along the extensions of the showing will also be tested. Assay results from the

stripping program are expected later this fall.

The Lewis gold property is located a pproximately 60 kilometres northwest of the Nelligan deposit,

which hosts inferred resources estimated at 96.99 million tonnes grading 1.02 g/t Au for 3.19 million

ounces of gold (Source: Nelligan NI 43-101 Technical Report and Initial Mineral Resource Estimate

for the Nelligan Project, Quebec dated October 22, 2019, Filed on SEDAR on December 4 th

2019, prepared by Alain Carrier, Vincent Nadeau-Benoit and Stéphane Faure of InnovExplo Inc. for

Iamgold Corp. and Vanstar Mining Resources). In addition, approximately 10 kilometres west of

the Lewis property lies the former Lac Shortt mine, which historically produced 2.7 million tonnes at a

grade of 4.6 g/t Au (Source: MERN-SIGEOM).

Cautionary statements:

Grab samples are selective by nature and reported values are not necessarily indicative of mineralized

zones.

The true thickness of mineralized zones intersected in channel samples cannot be determined with the

information currently available.

Mineralization occurring at the Nelligan and Lac Shortt gold d eposits is not nec essarily indicative of

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

Quality control

Exploration program s are designed, an d results are interpreted by Qualified Persons emplo ying a

Quality Assurance/Quality Control program consistent with industry best practices, including the use

of standards and bla nks for every 20 samples. Samples f rom the Lewis project w ere analyzed by

atomic absorption (AA-23) at ALS Minerals laboratories in Val-d’Or, Quebec. All samples are also

analyzed for multi -elements, using four -acid ICP –AES method (ME -ICP61) at ALS Mineral s

laboratories in Vancouver, British Columbia.

About Midland

Midland targets the excellent mineral potential of Quebec to make the discovery of new world -class

deposits of gold, platinum group elements and base metals. Midland is proud to count on reputab le

partners such as BHP Canada Inc., Probe Metals Inc., Wallbridge Mining Company Ltd, Agnico Eagle

Mines Limited, Osisko Mining Inc., 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 t o new ly acquir ed properties. Management is currently reviewing other

opportunities and projects to build up the Corporation portfolio and generate shareholder value.

This press release was prepared by Mario Masson. P.Geo., VP Exploration for Midland and Qualifi ed

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 Exch ange nor its Regulation Services Provider (as that term is defined in the

policies of the TS X Venture Exchange) accepts res ponsibility 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 r esults to vary materiall y from targeted results. Such

risks and uncertainties include those described in Midland’s p eriodic repor ts including the annual

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

Abitibi Geology – Midland Gold Projects

DETOUR LAKE

NELLIGAN

ZONE 58N

MARTINIERE

BUG LAKE FENELON / TABASCO

CASA BERARDI

DOUAY VEZZA

GEANT DORMANT

BELL OSBOURNE

LAC SHORTT

MOROY

LAC ROSE

WINDFALL

BARRY

Kenorland / Newmont Option

PERRON

WESTWOOD CROINOR

CANADIAN MALARTIC

KIENA

GOLDEX

LAMAQUE

HOLT / MCDERMOTT

Volcanics

Igneous rocks

Sediments

Midland Projects

Gold Mines, Projects

Sunday Lake FaultLower Detour Fault

Cadillac Fault

FAYOLLE

BEATTIE

Heva

Laflamme

Abcourt JV

Coigny

Turgeon

Mistaouac

La Peltrie

Probe Opt

Casault

Wallbridge Opt

Jouvex

Noyelles

Lac Esther

NomansFleuribleu

Jeremie

ValmondAdam

Samson

ELDER

WASAMAC

GRANADA

Chicobi Fault

M-Cadillac

Agnico Eagle JV

Gaudet-Fenelon

Probe JV

LARONDEHORNE 5

Guyberry

Patris

Lewis Project

Lewis Project Location

NELLIGAN

Inf. Res. 3,2 Moz Au

Lewis Property

172 claims (95 km2)Lac Shortt (Closed Mine)

Historical Production

400,000 Oz Au

Kilometers

100

Mafic Volcanics

Felsic Volcanics

Sediments

Mafic Intrusives

Felsic Intrusives

Intermediate Volcanics

Moroy Deposit (Bachelor)

M+I Resources 111,000 Oz Au

Inf. Resources 55,000 Oz Au

Silver Showings Gold Mines ; ShowingsZn, Cu, Fe Showings

Lewis Geology & New 2020-21 Discovery

Lewis Property

172 claims (95 km2)

Lac Shortt (Closed Mine)

Historical Production

400,000 Oz Au

Kilometers

Mafic Volcanics

Felsic Volcanics

Sediments

Mafic Intrusives

Felsic Intrusives

Intermediate Volcanics

Silver Showings Gold Mines ; ShowingsZn, Cu, Fe Showings

13.5 g/t Au (grab)

7.6 g/t Au (grab)

7.9 g/t Au / 0.9 m

6.3 g/t Au / 1.2 m

21.3 g/t Au / 0.6 m

6.5 g/t Au / 0.6 m

3.8 g/t Au / 4.2 m

Red Giant Showing

0.35 g/t Au over 9m (Channel)

New Golden Nest Showing

10.2 g/t Au & 2.1 g/t Au (grabs)

Lewis Mag TD & New 2020-21 Discovery

Kilometers

Lac Shortt (Closed Mine)

Historical Production

400,000 Oz Au

Mag Tilt Derivative

Silver Showings Gold Mines ; ShowingsZn, Cu, Fe Showings

7.9 g/t Au / 0.9 m

6.3 g/t Au / 1.2 m

21.3 g/t Au / 0.6 m

6.5 g/t Au / 0.6 m

13.5 g/t Au (grab)

7.6 g/t Au (grab)

3.8 g/t Au / 4.2 m

Lewis Property

172 claims (95 km2)

Red Giant Showing

0.35 g/t Au over 9m (Channel)

New Golden Nest Showing

10.2 g/t Au & 2.1 g/t Au (grabs)

IP Ore-Vision Survey

Lewis Property

172 claims (95 km2)

Lac Shortt (Closed Mine)

Historical Production

400,000 Oz Au

Kilometers

Mafic Volcanics

Felsic Volcanics

Sediments

Mafic Intrusives

Felsic Intrusives

Intermediate Volcanics

Silver Showings Gold Mines ; ShowingsZn, Cu, Fe Showings

13.5 g/t Au (grab)

7.6 g/t Au (grab)

7.9 g/t Au / 0.9 m

6.3 g/t Au / 1.2 m

21.3 g/t Au / 0.6 m

6.5 g/t Au / 0.6 m

3.8 g/t Au / 4.2 m

IP ORE-VISION SURVEY

Red Giant Showing

0.35 g/t Au over 9m (Channel)

New Golden Nest Showing

10.2 g/t Au & 2.1 g/t Au (grabs)

IP Chargeability Map & Targets

2020 Red Giant Discovery

0.35 g/t Au over 9.0 metres (Channel)

Priority #1 IP OreVision Anomaly and September 2021 Trenching Area

2021 GOLDEN NEST DISCOVERY

10.2 g/t Au & 2.1 g/t Au (grabs)

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