Midland Launches a Major Exploration Program FOR Nickel IN Nunavik, Quebec Under Its Strategic Alliance with BHP

MIDLAND LAUNCHES A MAJOR EXPLORATION PROGRAM FOR NICKEL IN

NUNAVIK, QUEBEC UNDER ITS STRATEGIC ALLIANCE WITH BHP

Montreal, April 5, 2022. Midland Exploration Inc. ( “Midland”) (TSX -V: MD) is pleased to

announce the commencement of a major exploration program for nickel in Nunavik, following up on

exploration work carri ed out in 2020 -2021 during which new Ni -Cu-Co mineral occurrences were

discovered.

This new program will be conducted under the strategic alliance (the “Alliance”) executed in August

2020 betwe en Midland ’s w holly owned subsidiary, Midland Base Me tals Inc. (“MBM”), and Rio

Algom Limited, wholly owned subsidiary of BHP Group PLC (“BHP”).

The 2022 exploration program will consist of regional magnetotelluric (“MT”) surveys, as well as two

phases of prospecting scheduled to take place next July and August.

Highlights:

• New Ni-Cu-Co mineral occurrences discovered by prospecting in 2020-2021

• Helicopter-borne EM survey (VTEM) totalling approximately 5,000 km in 2021

• Two (2) ground-based EM surveys on Soissons totalling approximately 60 km in 2021

• Regional MT surveys (June 2022)

• Prospecting and mapping (July-August 2022)

New Ni-Cu-Co showings identified in 2020 and 2021

The Alliance with BHP for nickel exploration is focused on ma fic i ntrusive ro cks with

troctolite/olivine gabbro compositions similar to those in Voisey’s Bay and the Nain Province, but that

have historically received far less exploration , despite the discovery of several Ni -Cu-Co prospects

and occurrences . The Papavoine Ni-Cu-Co pr ospect, discovered in 2000 and currently held by

Midland, graded up to 0.63% Ni, 0 .31% Cu and 0.04% Co over 6.6 metres i n channel samples (see

Midland’s press release dated August 12, 2021). Approximately 20 kilometres southeast of Papavoine,

the Mantas intrusion yielded grades up to 0.48% Ni , 0.21% C u and 0.06% Co over 0.7 metre in

channel sample (see Midland ’s press release dated August 12 , 2021 ). In 2020 and 2021 , work by

Midland and BHP also confirmed two additional areas with strong potential. The Bonne Une troctolite

intrusion graded up to 0.23% Ni and 0.23% Cu in grab samples (see press release by Midland dated

April 15, 2021). In the A1 area, eight (8) mineralized boulders, locally derived but the source of which

has yet to be determined, graded more than 0.1% Ni, with a highest grade of 0.14% Ni and 0.16% Cu

in grab samples.

Commencement of regional MT surveys in June 2022

Regional MT surveys covering approximately 230 stations in three blocks, will be conducted within

the area of interest. Surveys are set to begin mid-June 2022 and will take place over a period of 6 to 8

weeks. This work is designed to map and provide a preliminary assessment of the regional geological

architecture.

Prospecting program in July and August 2022

Two phases of prospecting and mapping within the area of interest will be completed during July and

August 2022. Over a per iod o f three (3) weeks each, these field programs will mainly target new

anomalies identified during the MT survey, as well as additional geological targets that were generated

during the initial targeting phase but that were not ground-checked during the 2021 program.

A budget of CAD$2 million has been approved for the 2022 prospecting campaign and the MT

survey.

Cautionary statements:

Note that grades obtained in grab samples are not necessarily representative of mineralized zones.

The true thickness of intervals reported in channel samples cannot be determined with the information

currently available.

Mineralization occurring in the Voisey’s Bay area i n Labrador is not necessarily indicative of

mineralization that may be found on the Company project described in this press release.

Quality control

Exploration programs are designed, and results are inte rpreted by Qual ified Persons employing a

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

of standards and blanks for every 20 samples. All samples are analyzed for mult i-elements, using the

four-acid ICP –AES method (ME -ICP61) at ALS Minerals laboratorie s in Vancouver, British

Columbia. Samples with copper, zi nc, molybdenum or nickel values above 1% are reanalyzed using

the four-acid ICP-AES method optimized for high grades.

About Midland

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

deposits of gold, platinu m group elements and base metals. Midland is proud to count on reputable

partners such as BHP, Rio Tinto Exploration Canada Inc., Wallbridge Mining Company Ltd., Probe

Metals Inc., Agnico Eagle Mines Limited, SOQUEM INC., Osisko Development Corp., Nunavik

Mineral Exploration Fund and Abcourt Mines Inc. Midland prefers to work in partnership and intends

to quickly conc lude additional a greements in regard to newly acquired properties. Management is

currently reviewing other opportunities and projects to build up Midland portfolio and generate

shareholder value.

This press release was reviewed and approved by Mario Masson . P.Geo., VP Exploration 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 R egulation 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 Information

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

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

funding under the Generative Phase, the advancement of a project to the Testing Phase, the expenditu re amount

under the Testing Phase, the payment of success fees to Midla nd, the advanceme nt of a proj ect to the Joint

Venture Phase and other estimates and s tatements that describe Midland’s future plans, objective s or goals,

including words to the effect t hat Midlan d or management expects a stated condition or result to occur . All

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

involve risks, uncerta inties and other factors that could cause a ctual resu lts, performance, prospects and

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

that could cause actual results to differ materially from th ese forward -looking statements include, wit hout

limitation, certain rights of BHP to cease funding under the Allia nce, the results of exploration in the AOI, the

ability of Midland to contribute fund ing to maintain its interests in Designated Projects, the ability of Midland to

fund its contributio ns under a joint venture, if formed, or have any participating interest diluted, changes in

general economic conditions and conditions in the financial mark ets, changes in demand and prices for minerals,

failure t o obtain the requisite permits and approval s from gov ernment bodies and third parties, regulatory and

governmental policy changes ( laws and pol icies) and those risks set out in Midland’s public docum ents,

including in each management discussion and analysi s, filed on SEDAR at www.sedar.com. Althou gh 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 thi s news release, and no

assurance can be giv en that such events will occur in the disclosed times frames or at all. Except where required

by app licable la w, Midland disclaims any intention or obligati on to update or revise any forward -looking

statement, whether as a result of new information, future events or otherwise.

1

Midland BHP Alliance

1

Strategic Alliance Ni-Cu-Co

Midland-BHP

Midland-NMEF JV Ni-Cu

Soissons Ni-Cu-Co

100% Midland

2022 Exploration Plan

▪ Ground Regional MT surveys (June to August)

▪ Prospecting - 6 weeks (July-August)

Papavoine

2

A1 Boulders Field

2

A0358214

Boulder

5-10% PO diss+blebby and 0.5-1% CP

associated with PO.

Ni_% Cu_% Co_ppm Pd_ppb Pt_ppb Au_ppb

0.15 0.11 113.5 20 8 9

Ni_100% Cu_100% S_%

3.9 2.9 1.46

3

L2 New Ni Prospect

3

New Ni Showing

0.61% Ni, 0.34% Cu, 0.11% Co

4

Bonne Une Prospect

4

A0358093

Outcrop

5% PO and 0.3 % CP , disseminated throughout.

Ni_% Cu_% Co_ppm Pd_ppb Pt_ppb Au_ppb

0.20 0.22 178 11 7 6

Ni_100% Cu_100% S_%

3.37 3.74 2.26