Midland Provides an Overview of Its Exploration Activities FOR 2022

MIDLAND PROVIDES AN OVERVIEW OF ITS EXPLORATION ACTIVITIES FOR 2022

Montreal, February 10, 2022. Midland Exploration Inc. (“Midland”) ( TSX-V: MD ) is pleased to

provide an overview of its plans for 2022 in Quebec, and to review the main highlights and discoveries

of 2021. Midland continues to a pply its business model as a “Project Generator” with the recent

acquisition of several new high-quality properties and the formation of several new partnerships across

Quebec.

With a budget for 2022 estimated a t nea rly $8 million and nearly 20,000 metres o f drilling

planned, Midland will be very busy, working to advance several projects in partnership with major

companies such as BHP Canada Inc . (“BHP”), Rio Tinto Exploration C anada Inc . (“Rio Tinto ”),

SOQUEM Inc. (“SOQUEM”), Probe Metals Inc. (“Probe”) and Wallbridge Mining Company Ltd

(“Wallbridge”). High-priority areas for 2022 are in Nunavik, Abitibi, James Bay, and the Grenville

(near the town of La Tuque).

For calendar year 2022, Midland expects to generat e a steady stream of news from its various

partnerships and key projects, namely:

• Nunavik Alliance with BHP (Ni-Cu); Midla nd is project operator u nder the Nunavik

Alliance with BHP and will adopt a focused approach in 2022 in an effort to quickly generate

a world -class Ni -Cu discovery. Fieldwork including regional geophysi cal VTEM surveys

conducted in 2020 a nd 2021, confirms the potential for the discovery of an important world-

class Ni -Cu deposit. Geophysical work, consisting in a regional magnetotelluric (MT), will

resume in the second quarter of 2022 and will be fo llowed in the third quarter of 2022 by a

third field program involving prospecting work and mapping campaigns.

• Tête-Nord Option with Rio Tinto (Ni-Cu); Near the end of 2021, Midland concluded an

option agreement with Rio Tinto for the Tête -Nord Ni -Cu project located in the Grenville

geological Province, near the town of La Tuque in Haute Mauricie (see press release by

Midland: Midland options its Tete Nord Ni -Cu property to Rio Tinto , dated D ecember 2,

2021). An initial $900,000 budget will be invested by Rio Tinto in t he first few months of

2022 to conduct helicopter-borne electromagnetic surveys, followed in the summer of 2022 by

prospecting and mapping . The surveys will total more than 6,700 line kilometres and will

provide full coverage of the claims under option wit h flight lines at a 100 -metre spacing. Rio

Tinto is project operator.

• Labrador Trough Alliance with SOQUEM; Midla nd and SOQUEM will jointly conduct

their second prospecting camp aign under t he Labrador Trough Alliance. Several new targets

will be prospected, including some follow-up work on an erratic boulder discovered in the late

summer of 2021, which graded 40.8 g/t Au in grab sample.

• Casault Option with Wallbridge (Au) in the Detour Belt; Wallbridge is currently finalizing

plans for the 2022 exploratio n campaign, to follow-up on the new gold discovery reported in

2021, which graded 6.85 g/t Au over 2.0 metres. In addition, a magnetic drone survey is

planned for the eastern blocks of the property to provide high resolution m agnetic data to

inform geologic modelling and drive exploration targeting.

• Partnership with Probe (Au) in the Detour Belt ; On the La Peltrie option, located south of

the Lower Detour Fault, approximately 25 kilometres east of the Z 58N deposit, Prob e is

planning to complete several geophysical (IP) grids during the winter of 2022, in preparation

for a drilling campaign totalling approximately 5,000 metres, planned for the summer of 2022.

Also, geophysical and biogeochemical surveys will be completed during the winter of 2022 in

the eastern part of the Gaudet-Fenelon JV project, located approximately 5 kilometres south of

the Fenelon Gold deposit.

In addition, Midland expects to advance several of its wholly owned projects in Quebec over the

coming months. Midland is namely planning to conduct high-resolution helicopter-borne magnetic

surveys and geochemistry surveys on several of its projects including Lewis, Noyelles, Fleuribleu and

Samson. Prospecting campaigns will also take place on a number of projects in the James Bay region,

including Mythril, Chisaayuu, Galinée and Komo.

2021 Calendar Year Highlights:

Over the course of 2021, Midland and its partners completed more than 14,000 metres of drilling and

discovered several new mineral occurrences and mineralized boulders on its various projects.

Among the highlights of 2021, Midland reported the following:

• Under the Nuna vik Alliance with BHP for N i-Cu, a n importan t regional VTEM -type

electromagnetic survey was completed in 2021. The two prospecting campaigns conducted to

date, in 2020 and 2021, led to the discovery of several new Ni -Cu show ings, including the

Bonne Une sh owing. Nickel and copper te nors (grades normalized to 100% sul phides) at the

Bonne Une showing reach 6.1% Ni and 4.87% Cu, thus confirming the excellent potential of

this surface occurrence (see press release by Midland dated April 15, 2021).

• In November 2021, Midland signed a new opti on agreement with Rio Tinto for th e Tête-Nord

Ni-Cu project located in the Grenville geological Province, near the town of La Tuque. Nickel

tenors (grades normalized to 100% sul phides) for hi storical samples collec ted at the Savane

showing reach 3.5% Ni (see press release by Midland : Midland options its Tete No rd Ni-Cu

property to Rio Tinto, dated December 2, 2021).

• In part nership with Wallbridge on the Casault op tion, located along the Sunday Lake Fault

approximately 40 kilometres east of the Detour Lake mine, a new gold -bearing structure was

intersected in dr ill hole, with an interval grading 6.85 g/t Au over 2.0 metres. The Casault

project is wholly owned by Midl and and is currently under option by Wallbridge (see press

release by Midland dated October 21, 2021).

• A gold -bearing boulder (Rubeo ) grading 40.8 g/t A u (grab sample ) was discovered by

prospecting during the summer of 2021, in partnership with SOQUEM und er the Labrador

Trough Alliance (see press release by Midland dated December 16, 2021).

• The 3D model on the Mythril project is currently being updated to include drilling results from

2021. These include drill hole MYT-21-38, which interse cted a mineraliz ed zone from

56.50 to 85.00 m etres, grading 0.59% Cu, 0 .05 g/t Au, 1 .87 g/t Ag and 0.025% Mo over

28.50 m etres, including 1.02% Cu, 0 .09 g/t Au, 2 .62 g/t Ag and 0.048% Mo (1 .29%

CuEq.) over 10.50 metres from 56.50 to 67.00 metres (see press release by Mid land dated

September 2, 2021).

• During prospecting work on the Chisaayuu claim block of the Mythril Regional project, two

new high -grade gold-bearing boulders were dis covered, yielding values i n grab samples of

10.25 g/t Au, 8.0 g/t Ag and 7.99 g/t Au, 166 g/t Ag, 0.4% Cu, 0.07% Mo (see press release

by Midland dated October 27, 2021).

Cautionary statements

• Grab samples are selective by nature and rep orted values are not necessarily indicative of

mineralized zones.

• The true thickness of rep orted intervals cannot be determined with the information currently

available; intervals are thus reported in core length.

About Midland

Midland targets the excelle nt mineral potential of Quebec to make the discovery of new w orld-class

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

partners such as BHP Canada Inc., Rio Tinto Exploration Canada Inc., Probe Metals Inc., Wallbridge

Mining Company Ltd, Agnico Eagle Mines Limited, Osisko Development Corp ., SOQUEM Inc.,

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

and intends to quickly conc lude additional agreements in regard to newly acquired properties.

Management is curr ently rev iewing other opportunities an d projects to build up the Corporation

portfolio and generate shareholder value.

This press release was prepared by Mario Masson, P.G eo., VP Exploration for Midland and Qualified

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 Ventur e Exchange nor i ts 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 for ward-looking statements that are su bject to known a nd unknown

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

risks and uncertain ties include those described in M idland’s periodic repor ts including the annual

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

1

Strategic Alliance Ni-Cu

Midland-BHP

MT surveys & Field program for 2022

Strategic Alliance

Midland-SOQUEM

Field program for 2022 &

Follow-up on Rubeo float 40.8 g/t Au

Midland-NMEF JV Ni-Cu

Willbob Au

Pallas PGE

Soissons Ni-Cu

Nunavik –Midland Projects & Alliances

2

Rio Tinto Option – Heliborne EM survey

Savane Ni-Cu

Tête Nord Zn-Cu-Au (VMS)

Lac Edouard Mine Ni-Cu

Kiskissink Ni-Cu

Cabouron Cu

Lac Curé Ni-Cu

Lac Matte Ni-Cu

Rochette Ni-Cu

Ghislaine Cu

(EM Survey)

LA TUQUE

3

DETOUR LAKE

NELLIGAN

ZONE 58N

MARTINIERE

BUG LAKE FENELON / TABASCO

CASA BERARDI

DOUAY VEZZA

GEANT DORMANT

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

Laflamme

Abcourt JV

Coigny

Turgeon

La Peltrie

Probe Opt

Casault

Wallbridge Opt

Lac Esther

Nomans

Jeremie

Valmond

ELDER

WASAMAC

GRANADA

Chicobi Fault

Gaudet-Fenelon

Probe JV

HORNE 5

Guyberry

Patris

Fleuribleu

LAC SHORTT

LARONDE

M-Cadillac

Agnico Eagle JV

Mistaouac Jouvex

Adam

BELL OSBOURNE

Heva

Abitibi – Midland Projects & JV’s

Casault Option Wallbridge

New 2021 discovery

6.85 g/t Au / 2.0 m

La Peltrie Option Probe

5,000 m drilling program for 2022

2022 Mag HR survey

Lewis Project

New Au-Bearing structure

Noyelles

Patris Project

New exploration targets

Gaudet-Fenelon JV Probe

2022 IP surveys

Lewis

Samson

4

James Bay Geology – Midland Projects

La Pointe

Serpent

La Grande Sud Orfée

Eau Claire

Wabamisk

Patwon

Eleonore Mine

Cheechoo

Mythril

Osisko JV

Eleonore

Centre

Moria

Helm’s Deep

Shire

McDuff

Komo

Wookie

Galinee

Lasalle

Meta Volcanics

Igneous rocks

Paragneisses

Midland Projects

Gold Mines, Projects

Stornoway

Opinaca

La Grande

Eastmain

La Grande

Galinee

New 2021 mineralized floats

Up to 1.43 g/t Au ; 1.40 g/t Au ; 1.1 g/t Au

Chisaayuu

Mythril East

Tilly South

Corvette

Elrond

Chisaayuu

Follow-up on mineralized floats in 2022

10.3 g/t Au, 8.0 g/t Ag &

8.0 g/t Au, 166 g/t Ag, 0.4% Cu,0.07% Mo

Mythril

3D-Model Update with 2021 results :

Up to: 0.59% Cu, 0.05 g/t Au, 1.87 g/t Ag and

0.025% Mo (0.74% CuEq) over 28.50 m

Elrond

New 2021 tills survey

& follow-up for 2022

Komo

Prospecting in 2022