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Midland Resumes Work ON Its Jouvex GOLD Project Northwest of Douay GOLD Deposit IN Abitibi

Corporate Updates

MIDLAND RESUMES WORK ON ITS JOUVEX GOLD PROJECT NORTHWEST OF

DOUAY GOLD DEPOSIT IN ABITIBI

Montreal, October 7, 2025. Midland Exploration I nc. (“Midland”) (TSX -V: MD) is pleased to

announce the execution of an induced polarization (IP) survey on its Jouvex gold property, wholly

owned by Midland and located approximately 10 kilometres northwest of the Douay deposit.

Fieldwork on the Jouvex property resumed in 2024-2025 with the execution of two drone -supported

magnetic surveys. The surveys were conducted in the south part of the property, on a new potentially

auriferous target. This area will also be the focus of an induced polarization survey totalling 30 line s

kilometres in the fall of 2025. Line cutting has begun, and the survey is expected to take place in October

2025. The survey is designed to refine drilling targets that were previously defined based on a

compilation of previous work and the drone-supported magnetic surveys. These targets are located near

a major structure that runs just north of the Douay gold deposit, where indicated and inferred resources

are estimated at 3.038 million ounces of gold (2022 MRE, Maple Gold website).

New Exploration Target Identified on Jouvex

Following a recent reassessment by Midland of the potential on the Jouvex property , the south part of

the project is now the main area of interest for upcoming exploration work. Based on a compilation of

historical drilling, the geology was modified with the addition of a band of felsic tuffs and volcanic

rocks between Taïbi sediments and Cartwright mafic volcanic rocks. These units encountered in several

historical drill holes are not present in SIGEOM and open the door to potential VMS mineralization. In

addition, drone-supported magnetic surveys conducted by Midland indicate the main magnetic fabric is

truncated in the south part of the project. This interference, at the contact between felsic and mafic

volcanic rocks, may be attributed to major structures, which are favourable emplacement sites for

potential syenitic intrusions, similar to Douay and a fairly common setting for gold deposits in the

Abitibi belt.

IP Survey Follow-up

In the winter of 2026, Midland is planning a diamond drilling campaign on the IP grid covered in the

fall of 2025. The helicopter-supported winter campaign totalling at least 1,500 metres of diamond

drilling is planned in the vicinity of the potential gold -bearing syenite similar to Douay. Permit

applications have been submitted, and processing is underway.

Cautionary statement: Mineralization occurring at the Douay deposit is not necessarily indicative of

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

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 Go ld 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 the Company portfolio and generate

shareholder value.

Qualified Person and Exploration Director Richard D. St-Cyr, P.Geo., reviewed and approved this press

release and the Jouvex project data as Midland’s qualified person (QP) within the meaning of National

Instrument 43-101.

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 responsibility for the adequacy or accuracy of this release.

Forward-Looking Statements

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

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

statements relating to the Corporation’s expectations regarding the conclusion of additional agreements in regard

to newly acquired properties, and other estimates and statements that describe Midland’s future plans, objectives

or goals, including words to the effect that Midland or management expec ts a stated condition or result to occur.

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

statements involve risks, uncertainties and other factors that could cause actual results, performance, pro spects

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

that could cause actual results to differ materially from these forward -looking statements include, without

limitation, changes in gen eral economic conditions and conditions in the financial markets, changes in demand

and prices for minerals, failure to obtain the requisite permits and approvals from government bodies and third

parties, regulatory and governmental policy changes (laws an d policies) and those risks set out in Midland’s

public documents, including in each management discussion and analysis, filed on SEDAR+ at

www.sedarplus.com. Although 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 this news release, and no assurance can be given that such events will occur in the disclosed times

frames or at all. Except where required by applicable law, Midland disclaims any intention or obligation to update

or revise any forward-looking statement, whether as a result of new information, future events or otherwise.

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Jouvex Project

Jouvex Project Location

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Jouvex – 2025 IP Survey Location

Douay Mineral Deposit

Maple Gold

Indicated and inferred resources of 3.038

millions ounces of gold (2022 MRE, Maple

Gold website)

Casa Berardi Deformation corridor

IP Survey

Fall 2025

Sigeom Geology

Jouvex Property

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Drone Mag Survey- Gradient

South Jouvex Different Magnetic

Signature, interferes

the contact of 2

Geological Units on the

Casa Berardi

deformation zone

Discontinuity between

the Taïbi and the

volcanics marked by a

band of pyritic clay

detected by regional

inputs

High-resolution drone survey was carried out in the south of Jouvex

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• The gradient clearly shows different magnetic grains that correspond to the lithologies.

• Also, a distinct zone that cuts the regional grain at the contact between felsic and mafic volcanics.

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