MD.V · 2025-09-23 12:00:00

Midland Commences a Follow up Program ON Its New Discovery of GOLD-Zinc-Silver Mineralization at the Caniapisc Au Project, James BAY

Drill Results

MIDLAND COMMENCES A FOLLOW UP PROGRAM ON ITS NEW DISCOVERY OF

GOLD-ZINC-SILVER MINERALIZATION AT THE CANIAPISC AU PROJECT,

JAMES BAY

Montreal, September 23, 2025. Midland Exploration Inc. (“Midland”) ( TSX-V: MD) is pleased to

announce the start of a follow-up exploration program on its new discovery of gold, zinc, and silver on

its Caniapisc Au project, in the Eeyou Istchee James Bay and Caniapiscau regions . Midland is also

pleased to announce map designation of two new projects in the same area. The Caniapisc Au project is

wholly owned by Midland and consists of 296 exclusive exploration rights (“EER”) covering an area of

146 square kilometres. The Lac Bernard and Viau projects are also wholly owned by Midland and

consists of 217 and 81 EER covering an area of 110 and 40 square kilometres, respectively.

Highlights:

• Initiation of a September exploration program, including prospecting and a soil sampling

program to cover the recent discovery of s everal clusters of Au-Zn-Mn-Ag and Au-Zn-Ag-

(Pb)-bearing boulders (maximum of 14.3 g/t Au) coinciding with Au-Zn soil anomalies;

• A 1,827-kilometres magnetic and electromagnetic geophysical survey is planned on the

Caniapisc Au project;

• Map designation of two new projects , Lac Bernard and Viau, in the Caniapisc Au project

area, covering clusters of Au, Cu, Zn, or Mo lake bottom anomalies from the MRNF’s

regional database;

• A lake bottom sediment sampling survey covering parts of the Caniapisc Au, Lac Bernard

and Viau projects has been completed. Results are pending.

The September exploration program on the Caniapisc Au project will include geological mapping

combined with prospecting and a soil sampling program to follow up on the several recent Au-Zn-Mn-

Ag and Au-Zn-Ag-(Pb)-bearing boulders identified during the 2025 summer program (see press release

by Midland dated September 9, 2025 ). The 160 soil sampling program objectives are 1) to cover

unsampled area of the project, and 2) to follow up with a tighter spacing several Au and Zn soil

anomalies identified during the recent summer 2025 program ( see press release by Midland dated

September 9, 2025). An autumn 1,827-kilometres magnetic and electromagnetic geophysical survey is

also planned to further assist in target generation on the project.

The positive exploration results from the summer 2025 program on the Caniapisc Au project (see press

release by Midland dated September 9, 2025 ) prompted Midland to further evaluate and conduct a

regional study to identify new exploration targets based on the recent metallic signatures identified on

the project . Public r egional geological , geophysical and geochemical data from the Ministère des

Ressources Naturelles et des Forêts (“MRNF”) was used for the evaluation and led Midland to map

designate two new projects near Caniapisc Au. The Lac Bernard project is located 30 kilometres south

of Caniapisc Au and covers several Au, Cu, Mo, and Zn lake bottom anomalies located in an area

showing a favourable magnetic complexity, as observed on the available federal magnetic data covering

the region. Reconnaissance e xploration work by Mines D’Or Virginia Inc. in 199 6 identified the

presence of five (5) anomalous gold boulders (0.10, 0.19, 0.26, 0.32, and 1.39 g/t Au) in the Lac Bernard

area (1996 Public report GM54422, MRNF). The Viau project is located 16 kilometres west of

Caniapisc Au and covers several Zn and Mo lake bottom anomalies located on a magnetic high that

could represent the signature of a flu orite granite identified by the MRNF in the area. Two (2)

reconnaissance selected grab samples, from the summer 2025 program, returned anomalous 25 and 32

ppb Au values in granitic boulders.

A higher resolution lake bottom sediment sampling program has been completed on parts of the

Caniapisc Au, Lac Bernard and Viau projects to refine and generate exploration targets. The lake bottom

samples are currently being treated and the results are pending.

Summer 2025 Results Summary

The 2025 summer exploration program on the Caniapisc Au project was successful in identifying several

mineralized boulders with anomalous gold within a 2-kilometre radius up-ice from gold anomalies in

till resampled in 2024 (see press releases by Midland dated May 20 and September 9, 2025). Out of a

total of 159 selected grab samples, eight (8) yielded values above 1.00 g/t Au which included a 14.3 g/t

Au value. Five (5) selected grab samples yielded Zn values greater than 1.0% , which also exhibit

anomalous MnO values. Highlights of the summer campaign include 1) the identification of several

distinct polymetallic metal assembl ages, and 2) also Au -Cu and Au -dominated assemblages. The

polymetallic assemblages identified are Au-Zn-Ag-Pb, Au-Zb-Mn-Ag, and Cu-Mo-Au-Ag and for the

most part also coincide with Au-Zn-Mn soil anomalies which could suggest a near source. The Au-Cu

and gold-dominant assemblages are found in various par ts of the project and likely indicate another

distinct source for gold mineralization. Three amphibolite boulders with this signature returned grades

of 14.3, 3.29, and 2.87 g/t Au. The boulder that returned 3.2 9 g/t Au is anomalous in Zn and Pd and is

located near an outcrop which also returned anomalous Au, Zn and Pb values , and could therefore

indicate a proximal source (see press release by Midland dated September 9, 2025).

About the Caniapisc Au Project

The Caniapisc Au project lies south of the Caniapiscau Reservoir and is geologically located within

the Ashuanipi Subprovince, a lesser -known and explored portion of the Archean Superior Province.

The project is more specifically located in the Raynouard Complex, characterized by a 50 kilometre -

long volcanosedimentary belt comprising bimodal volcanic sequences, metasedimentary rocks and

iron formations. Historical exploration work, to the south of the Caniapisc Au project, highlights the

potential of the Raynouard Comple x with the presence of volcanogenic Cu -Zn-Ag-Au and porphyry

Cu-Au-Ag-Mo mineralization. The Caniapisc Au project is strategically located north of these

showings, where a historical 2014 till sampling survey identified gold anomalies. Three (3) till samples,

located within the perimeter of the project, returned up to 41 pristine, 66 modified, and 9 remodel ed

gold grains, which to our current knowledge have not been followed up extensively (2014 Public report

GM67959, MRNF).

Quality Control

Rock samples from the project were analyzed at Actlabs laboratories in Ancaster, Ontario, by ICP-MS

with 4-acid digestion for metals, and by standard fire assay on 30-gram fractions with atomic absorption

finish for gold and by ICP-OES fusion for major elements (including MnO). Soil samples are processed

and analyzed at Actlabs laboratories in Ancaster, Ontario, by neutron activation (namely for Au) and

ICP-OES with 4-acid extraction (namely for Zn and Mn), after sieving to -177 microns. 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 alternate 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.

Mineralization occurring at deposits and showings mentioned in this press release is not necessarily

indicative of mineralization that may be found 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 Rio Tinto

Exploration Canada Inc., BHP Canada Inc., Centerra 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., PhD, reviewed and approved this

press release and the 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.

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.

James Baie Eeyou Istchee – Mines / Projects

Coulon Zn-Cu-Ag

Caniapisc Au

project

Fermont

Schefferville

Eleonore

Mine Au

Shaakichiuwaanaan

Renard

Mine

Caniapisc Au Project

Caniapisc Au

ProjectMidland

Gold Occurrence

Volcanic

Sedimentary

Intrusive

Till Samples

Gold Anomalies

Water body

Boulder; 2.87 g/t Au

Boulder; 2.76 g/t Au

Boulder; 14.3 g/t Au

Boulder; 1.84 g/t Au

Boulder; 1.17 g/t Au

Boulder; 3.94 g/t Au

Boulder; 1.88 g/t Au

Boulder; 3.29 g/t Au

Gold Anomalies (Rocks) 2025

• C567958 - 14.3 g/t Au – angular block,

60 x 50 x 15 cm: Amphibolite, muscovite,

biotite, good schisto, 0.5% very finely

disseminated pyrite.

• C567775 – 4.67 g/t Au and 2.3% Zn –

angular block, 60 x 60 cm. Garnet-

bearing amphibolite, orange-red, calc-

silicate rock, strongly altered to chlorite

and calcite, 4% pyrite, 1% pyrrhotite,

chalcopyrite?

• C567794 – 3.3g/t Au – angular block

0.6x0.5m Sediment rich in quartz (alt?)

bedded appearance with biotite and

other apple green phyllosilicate (fushite),

with disseminated sulfides, 0.5%

chalcopyrite, 6% pyrite.

C567958 - 14,3 g/t Au

C567775 – 3,940 g/t Au and 2,3% Zn

Caniapisc Au Area New Projects

Caniapisc Au

ProjectMidland

Gold Occurrence

Volcanic

Sedimentary

Intrusive

Water body

Lac Bernard

Project

Viau

Project

Boulder; 1.39 g/t Au

New Showings Au-Zn-Ag

Up to 14.3 g/t Au, 4.5% Zn, 10.6 g/t Ag

← Back to feed