Midland Provides an Update ON the 10,000-METRE Addp Drilling Program ON Its GOLD and Nickel-Copper Projects IN Abitibi

MIDLAND PROVIDES AN UPDATE ON THE 10,000-METRE ADDP DRILLING

PROGRAM ON ITS GOLD AND NICKEL-COPPER PROJECTS IN ABITIBI

Montreal, February 16, 2023. Midland Exploration Inc. (“Midland”) ( TSX-V: MD ) is pleased to

provide an update on its drilling progra m totalling more than 10,000 metres on its gold and nickel -

copper projects in the Abitibi region. This drilling prog ram, dubbed the Abitibi Discovery Drilling

Program (“ADDP”), has mobilized one drill rig continuously since December 2022 through to the end

of March 2023 on the Patris, Heva, Laflamme JV and Adam projects.

A first phase of drilling on the Patris project, consisting of eleven (11) drill holes for a total of nearly

3,000 metres, was recently completed in early February. Two areas were prioritized, namely in the

southeast part of the property, along the La Pause Fault, with the potential for gold-bearing alkaline

dykes in ultramafic rocks of the M alartic Group. New targets in this area included new induced

polarization ( “IP”) anomalies ident ified during the summer 2022 surveys that are located along the

extensions of his torical gold occurrences such as Gadoury, Patris, and Lac Bellot-Ouest. The other

area of interest targeted a n extensive alteration zone (80 -100 metres wide) consisting of hematiz ed

felsic dykes with lo cal pyrite mineralization (up to 2 -3%) crosscutting strongly deformed ultramafic

rocks with fuchsite alteration. These hematized felsic dykes host significant quartz veining , locally

exhibiting anomalous metal assemblages with gold, silver, copper, lead, and molybdenum. In addition,

the potential enrichment of these metals at depth, which had been identified below previous drill holes,

was tested during this program. More than 1,500 samples were sent to the laboratory and a ssay results

are pending.

After completing a short drill hole (200m) on the Heva project to test a new IP anomaly identified in

the south part of the pr operty, near the Cadillac Fault, the drill rig was moved to the Laflamme JV

(Midland 79% - Abcourt Mines Inc. 21%) project in mid-February. An aggressive program totalling at

least 3,000 metres will test several new gold -bearing structures as well as th e best targets located near

the high-grade gold-bearing boulders discovered in the summer of 2022, which graded up to 28.7 g/t

Au and 6.0 g/t Au in grab samples. New gold-bearing structures grading up to 18.9 g/t Au and 5.7 g/t

Au (grab samples) were subsequently discovered north of the gold-bearing boulders, i.e., towards their

potential source area (see press release by Midland dated November 29, 2022). This program will also

test an unexplained conductive zone identified in the 3D model near the Copernick zone, which graded

0.45% Ni, 0.33% Cu, 0.15 g/t Pt and 0.24 g/t Pd over 42.6 metres in drill hole LAF-16-38.

The Adam project will follow the prog ram on t he Laflamme JV property. On Adam, four (4) drill

holes totalling 800 metres will be completed before the end of March. These targets include new and

untested VT EM anomalies located at the same stratigraphic level as t he B2 6 deposit held by

SOQUEM, located approximately 25 kilometres further west.

Midland intends to continue to actively develop its search for new partnerships for its wholly owned

projects, including projects targeted under this ADDP drilling program.

Cautionary statement:

Note that grab and float sample grades may not be representative of mineralized zones.

The true thickness of reported intervals cannot be determined with the information currently available;

intervals are thus reported in core length.

Quality Control

Rock samples on the project are a ssayed for gold by standard 50-gram fire -assaying wi th atomic

absorption finish (Au-AA24) or g ravimetric finish (Au -GRA22) at ALS Laboratories in Val-d’Or,

Quebec. Exploration program s are designed, and results are interpreted by qualified persons

employing a Quality Assurance/Quali ty C ontrol program consist ent with industry best practices,

including the use of standards and blanks with every 20 samples.

About Midland

Midland targets the excellent miner al potential of Quebec to make the disc overy of new world-class

deposits of gold and critical metals. Midland is proud to count on reputable partners such as BHP

Canada Inc., Rio Tinto Exploration Canada Inc., Wallbridge Mining Company Ltd, Probe Gold Inc. ,

Agnico Eagle Mines Limited, Osisko De velopment Corp., SOQUEM Inc., Brunswick Exploration

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

partnership and intends to quickly concl ude additional agreements in regard to newly acquired

properties. Manageme nt is c urrently reviewing other opportunities and 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, 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 respons ibility 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 desc ribed i n Midland’s periodi c reports including the annual

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

Geology Abitibi – ADDP Drilling Program

DETOUR LAKE

NELLIGAN

ZONE 58N

MARTINIERE

BUG LAKE

FENELON / TABASCO

CASA BERARDI DOUAY VEZZA

GEANT DORMANT

LAC SHORTT

MOROY

LAC ROSE

WINDFALL

BARRY

Kenorland / Newmont Option

PERRON

WESTWOOD

LARONDE

CROINOR

CANADIAN MALARTIC

KIENA GOLDEX

LAMAQUE

HOLT / MCDERMOTT

Volcanics

Ignous rocks

Sediments

Midland Projects

Gold Mines, Projects

Sunday Lake Fault

Lower Detour Fault

Cadillac Fault

FAYOLLE

BEATTIE

Patris

Guyberry

Heva

Laflamme

Abcourt JV

Coigny

Turgeon

Mistaouac

La Peltrie

Probe Opt

Jouvex Noyelles

Lac Esther

Nomans

Lewis

Fleuribleu

Jeremie

Adam Samson

ELDER

WASAMAC

GRANADA

HORNE 5

Chicobi Fault

M-Cadillac

Agnico Eagle JV

Gaudet-Fenelon

Probe JV

Casault

Wallbridge Opt

New Discovery

6.85 g/t Au / 2 m (ddh)

BELL OSBOURNE

New Discovery

up to 99.1 g/t Au / 0.4m (ddh)

New high-grade discovery

up to 28.7 g/t Au (Float)

up to 18.9 g/t Au (grab)

New Discovery

up to 10.2 g/t Au (grab)

ADDP Drilling program

New Discovery

0.2% CuEq / 345.5 m (ddh)

11 ddh completed

3,000 m

1 ddh completed

200 m

5 ddh ; 1,000 m 4 ddh ; 800 m

3,000 m Phase 1

In progress

2,000 m Contingency

1

2

Laflamme JV – 2023 Drilling Program Phase 1

New shear zone - West

• 3.7 g/t Au (grab)

Mag drone Gradient

High-grade Floats

• Up to 28.7 g/t Au

Phase 1 : Priority 1

10 ddh ; 5 targets ; 1,500 m

Low Mag target

New shear zone - East

• 18.9 g/t Au & 5.7 g/t Au (grabs)

New IP targets

Notting Hill

Showing

0.34 g/t Au over 25.6 m (ddh)

Incl. 3.12 g/t Au over 1.5 m

Gold Showings

Au-bearing floats

IP Axis

2023 DDH

2022 Grid

3

New discovery high-grade float

Laflamme JV – Discovery High-Grade Floats

28.7 g/t Au

4

18.9 g/t Au

New shear zone - East

New shear zone - West

3.7 g/t Au

Laflamme JV – Discovery New Shear Zones