Nd Provides an Overview of Its 2025 Follow-up Exploration Activities, Including Those with Its Partners
MIDLA
ND PROVIDES AN OVERVIEW OF ITS 2025 FOLLOW-UP EXPLORATION
ACTIVITIES, INCLUDING THOSE WITH ITS PARTNERS
Montreal, January 29, 2025. Midland Exploration Inc. ( “Midland”) (TSX-V: MD) is pleased to give
an overview of its exploration activities planned for 2025 in Quebec, including on its several projects in
partnership for gold in the Abitibi belt, lithium in James Bay region, copper-nickel in the Nunavik, and
copper-gold in the Labrador Trough. The explor ation activities aim at follo wing up on new showings
made throughout 2024.
In 2024, Midland continued to apply 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 2025 exploration budget of more than $14.5M ($2.5M Midland - $12.0M Partners), and
nearly 15,000 metres of drilling, Mi dland will be very busy working to advance severa l projects in
partnership with major companies such as BHP Canada Inc. (“BHP”), Rio Tinto Exploration Canada
Inc. (“RTEC”), Barrick Gold Corporation (“Barrick”), Agnico Eagle Mines Limited (“Agnico Eagle”),
SOQUEM Inc. (“SOQUEM”), Probe Gold Inc. (“Probe”), and Wallbridge Mining Company Ltd.
(“Wallbridge”).
Highlights:
Till sonic dr
illing program currently active with Barrick on the Patris project;
E
xploration and drilling program, following the MMI soil anom alies identified, are in
discussion w
ith Probe on the La Peltrie project;
F
urther drilling planned with RTEC on the Galinée lithium project;
Ex
ploration program to follow up on new gold showings planned on the Caniapisc Au
project;
Ex
ploration program to follow up on new Cu-Au showings planned on the Saruman project;
Ex
ploration and geophysical programs for Cu-Ni planned with BHP, in Nunavik;
E
xploration program planned over the high-grade Cu-Au showings on the Nachicap au
project in par
tnership with SOQUEM.
Gold and
Copper Gold Projects (Au, Cu-Au); Abitibi
Pa
tris Project – 100% Midland, in an option agreement with Barrick
The Patris
project is located less than 10 kilome tres northwest of the pr olific Doyon/Westwood-
Bousquet-La Ronde gold mining camp, and covers the Manneville Fault over more than 8 kilometres
and the La Pause Fault over more than 10 kilometres, both recognized as subsidiary faults to the well-
known Destor-Porcupine Fault Zone. In 2024, 90 so nic drilling holes totalizin g 2,075.4 metres were
completed on public lands to characterize geochemical dispersion trains in the glacial till overlain by
lacustrine clays ( see press release by Midland dated July 9, 2024 ). A consistent till layer has been
documented all over the surveyed area, and results are in the final steps of interpretations.
In 2025, a sonic drilling campaign is currently active to complete the till survey on private lands along
the La Pause Fault and also in the Manneville sedime ntary basin to the northeast of the project where
a fluvial basin sharing similarities with Timiskam ing basins has been mapped in 2024. Summer,
mapping and prospecting will be conducted in 2025 to follow up on historical works and results from
the till survey.
La Peltr
ie Project – 50% Midland, in joint venture with Probe
T
he La Peltrie project is located 15 kilometres southeast of Agnico Eagle’s Zone 58N gold deposit and
approximately 25 kilometres west of the former Selbaie mine. The 2022 copper-gold-silver-
molybdenum (“Cu-Au-Ag-Mo”) mineralization intersected in drill hole LAP-22-012 was extended in
2023 to 0.13% Cu (0.20% CuEq*) over 513.50 metres, core length (see press release by Midland dated
January 22, 2024). Another dill hole, LAP-23-18, approximately 150 metres east of the drill hole LAP-
22-12, intersected a Cu-Au-Mo-Ag mineralized interval grading 0.11% Cu (0.15% CuEq*) over 363.00
metres, including a higher-grade zone with grades of 1.18% Cu (1.33% CuEq *) over 9.50 metres. In
2024, a MMI soil sampling program totalizing 768 samples was completed at the spacing of 50-100
metres and along lines separated at 200-400 metres. The grid covers in part the Cu-Au-Ag-Mo drilling
area and extends northward to the southern contact with the Carheil intrusion ( see press release by
Midland dated December 10, 2024).
T
he soil sampling program successfully identified the main Cu-Au-Ag-Mo and also suggests extension
towards the west. Anomalous MMI va lues to the north and northeast show a good correlation with
existing Cu values in isolated prospecting samples collected in 2020 and 2023. Several of these
anomalous areas also correlate with the best IP anomalies from the survey conducted March 2024 and
have yet to be drill-tested. More over, SRK Consulting performed a st ructural analysis of the high-
resolution aeromagnetic survey conducted in 2020. The objective of this structural analysis of the
project is to improve the structural and geological understanding of the copper mineralized zone.
The structural interpretation, MMI survey, drilling and IP survey w ill be used to identify highly
prospective areas associated with Cu-Au-Ag-Mo mineralization for an upcoming drilling program that
is currently in preparation.
Casault Project – 100% Midland, in an option agreement with Wallbridge
I
n 2023, Wallbridge completed a high-resolution magnetic survey on select areas over the western
portion of the property, as well as a till sampling program (Sonic drilling) in the eastern part of the
property. A gold-in-till anomaly was identified in hole CSS-23-018 with up to 112 gold grains, wherein
97 are described as pristine, suggesting relative pr oximity to their original bedrock source. This
anomaly is associated with a magnetic low that extends along an interpre ted northwest-trending
subsidiary fault splay extending from the regional scale Sunday Lake Deformation Zone (‘SLDZ’) (see
press release by Midland dated September 24, 2024). The SLDZ is the primary fault system that serves
as the underlying control to gold mineralization along the Detour-Fenelon gold trend, which hosts the
Detour Lake mine owned by Agnico Eagle, and Wallbridge’s Martiniere and Fenelon deposits.
During 2024, Wallbridge completed a new regional scale structural interpretation and targeting
analysis, which coupled with field reconnaissance mapping and sampling identified more than fifteen
(15) new exploration targets along the SLDZ as it extends across the Casault project. These new targets,
some of which are located near a northwesterly trending structure that returned 6.85 g/t over 2 meters
in hole CAS-21-123 discovered 8 km northeast of the Vortex gold target, add to a growing pipeline of
prospective target opportunities that merit further investigation. In September 2024, Wallbridge tested
two of
the new targets with a first pass diamond drilling program comprising 5 holes totalling 1,21 1
meters. Drilling
at both targets intercepted multiple zones of fault and sh ear-related deform ation
a
ccompanied by localized quartz veining, sulphide mineralization and relate d alteration, ge ologic
ch
aracteristics that can be favourable for hosting gold mineralization.
Maritime-Cadillac – 49% Midland, in joint venture with Agnico Eagle
The
Maritime-Cadillac project is located along the Cadillac Break and east of the former Lapa mine.
A drone high resolution magnetic survey is planned to cover the project in 2025.
Gold, Copper-Gold and Lithium Projects (Au, Cu-Au, Li); James Bay
G
alinée Project – 100% Midland, in an option agreement with RTEC
The Galinée project
is located approximately 5 kilometres due east of the Adina deposit (consolidated
mineral resources of 61.4 Mt at 1.14% Li 2O Indicated and 16.5 Mt at 1.19% Li 2O Inferred, see press
release by Winsome dated May 28, 2024) held by Winsome. This deposit is located at the contact
between amphibolites of the Trieste Formation to the south and felsic intrusives to th e north and is
marked by a major structure that likely controlled the emplacement of pegmatites at Adina. The same
highly favourable contact zone is present on the property over more than 7 kilometres, and the Iceberg
lithium showing was discovered along this zone ( see press release by Midland dated September 19,
2023).
The 2024 drilling program on Galinée consisted of twenty-one (21) diamond drill holes and seven (7)
reverse circulation (“RC”) drill holes totalling 6,284. 86 metres, out of which 819.92 metres were
reverse circulation drilling. The objectives were to test the 2023 Iceberg Showing area with diamond
drilling while using reverse circulation drilling to test conceptual, prospecting and geophysical targets.
The drilling campaign mainly focused on the Iceberg showing and also the White Stripes, Surge, Snow
Fox and White Lightning showings ( see press release by Midland dated October 24, 2024 ). Surface
geological mapping combined with drilling has identif ied a series of at least seven (7), meter to
decameter-scale, spodumene pegmatite bodies. Drill results from holes TLIB0014, TLIB0018,
TLIB0022, TLIB0023, and TLIB0026 suggest extension of the Iceberg showing to the east, while hole
TLIB0020 furthermore suggests extensions towards the west. The highlight result thus far returned
core length interval composites of 1.38% Li 2O over 37.86 metres, including 1.88% Li 2O over 21.35
metres, in hole TLIB0007. Hole TLIB0026 returned 1.03% Li2O over 32.87 metres and hole TLIB0018
returned up to 1.46% Li2O over 27.34 metres (see press release by Midland dated December 19, 2024).
Correlations in sections suggest that the spodumene pegmatite bodies dip shallowly, typically less than
30 degrees, and are often observed as stacked sets in the drill holes – the drilling commonly intersected
multiple mineralized pegmatite bodies with variable thickness. Preliminary structural studies based on
field observations and oriented drill core suggest that the pegmatites could have sigmoidal geometries.
Mineralogical studies show that the major lithium phase at Iceberg is spodumene with minor muscovite
and cookeite alteration. Minor petalite is present, and holmquistite is often present in the amphibolitic
country rock adjacent to pegmatites. The spodumene pegmatite bodies remain open along strike and to
depth, and more drilling will be necessary to more precisely determine their geometry and extension.
Drilling is planned to resume in March 2025, with a first phase budget 3.59M USD approved for a
combination of diamond and RC dr illing. Early metallurgical tests ar e also being evaluated on select
core sections using LIBS scanning to identify and quantitatively determine gr ain size and the lithium
mineralogy.
Corvette, Chisaayuu, Mythril East, Wookie, Komo, Shire, Picard, Warp and Sulu Projects – 100%
Midland, in option agreement with RTEC
The Corvette, Chisaayuu and Mythril East projects are located northeast and southeast of the Corvette
deposit held by Patriot Battery Metals Inc. (consolidated mineral resources of 80.1 Mt at 1.44% Li 2O
Indicated and 62.5 Mt at 1.31% Li 2O Inferred, see press release by Patriot Battery Metals Inc. dated
August 5, 2024). The Wookie and Komo project are located about 40 kilometres north-northwest and
20 kilometres west of Arcadium’s Galaxy deposit (mineral resources of 54.3 Mt at 1.30% Li 2O
Indicated and 55.9 Mt at 1.29% Li 2O Inferred, see press release by Allkem Limited, dated August 11,
2023). The Shire project is located within amphibolites of the Lac des Montagnes geological Group,
which hosts the Whabouchi lithium deposit about 60 kilometres southwest of Shire.
Lithium anomalies in lake-bottom sediments had been identified on Chisaayuu, Corvette, Shire, Picard,
Warp and Sulu projects, following a regional statis tical treatment of more than 23,000 analyses and
completed by Midland (see press release by Midland dated March 6, 2023). In 2024, a prospecting
campaign for lithium on Wookie successfully identified a new lithium occurrence. The Grogu Showing
is identified on a claim cell located between the two main blocks of the Wookie project and consists
of a relatively steeply dipping 600 metres long by 1-32 meters wide pegmatite body containing local
spodumene. Channel sampling was c onducted to better understand the grade and its distribution. On
the Shire Project, preliminary prospecting and geological mapping located an approximately 1,000 x
350 metres size pegmatite locally co ntaining what appears to be an altered spodumene pod. Lithium-
bearing phases have yet to be identified (see press release by Midland dated October 24, 2024).
Further prospecting and mapping wo rk for lithium mineralization is cu rrently in discussion for these
projects.
Caniapisc Au – 100% Midland
T
he 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 comprisi ng 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 Complex 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 remodeled gold grains, which to
our current knowledge have not been followed up extensively.
Within a radius of a few hundred metres up-ice from the historical anomalous tills, prospecting work
successfully identified boulder fields (with angular boulders locally) and outcrops. Out of a total of 55
grab samples collected during this campaign, 47 ar e proximal to the historical gold anomalous tills. Of
these 47 samples, fifteen (15) yielded anomalous gold values ranging from 0.10 to 0.75 g/t Au, from a
total of 31 samples with gold values above 0.02 g/t Au. The re maining samples, se ven (7) of which
yielded results between 0.20 and 0.60 g/t Au, are located 1 to 2 kilometres further north. Mineralized
host rocks are mainly sedimentary in origin, follow ed by mafic volcanic rocks and intrusives (with
possible porphyritic textures locally ). The mineralization mainly consis ts of pyrite associated with
pervasive silica alteration (see press release by Midland dated November 14, 2024).
A 2025 exploration program is currently in preparation and planned for the summer.
Saruman – 100% Midland
T
he Saruman project is in the Opatica geological Subprovince. Specifically, it is located in the Theodat
Complex, an assemblage of undifferentiated tonalitic gneisses and gneissic tonalites, which covers vast
expanses within the region and which remains poor ly known. According to MRNF data, no previous
exploration is reported within the project area.
This project was created following the publication, by the MRNF, of strong copper anomalies in a high-
density lake sediment geochemistry survey in Nove mber 2023. These strong copper anomalies in lake
sediments are particularly concentrated within an area of five (5) by three (3) kilometres, which contains
fifteen (15) anomalous samples (>95 th percentile). A single day of reconnaissance work by Midland
teams in 2024 resulted in anomalous Cu-Au-Mo-Ag values on outcrop, reaching 0.32% Cu, 0.35 g/t Au,
0.39% Mo, and 13.8 g/t Ag (in selected grab samples). These occurrences consist of disseminated,
veinlet and fracture-filling chalcopyrite, pyrite and molybdenite, and are observed in tonalites (see press
release by Midland dated October 30, 2024).
The mineralization iden tified to date appears insufficient to explain the exte nt and scope of the lake
sediment copper anomalies described above. These observations suggest a Cu-Au-Mo-Ag system may
be present on th e property. Additional prospecting and geological mapping a re pla nned for 2025 to
collect additional information.
Lasalle Project – 100% Midland
While exploring for lithium, a mafic mineralized boulder that return ed 42.4 g/t Au was found . A
follow-up field visit is currently being planned for 2025.
Copper-Nickel, Copper-Gold and Gold Projects (Cu-Ni, Cu-Au, Au); Nunavik and Labrado r
Trough
Nunavik Nickel Project – Strategic Alliance with BHP
The Strategic Alliance with BHP is located in Nunavik, Québec. The 2024 exploration program focused
along a major crustal-scale structure, and its subsidiaries, identified by the 2022 regional MT survey and
also refined by the 2 023 regional airborne Z-Tipper axis electromagn etic survey (“ZTEM”). These
previously poorly recognized structures are potentially favourable for copper-nickel mineralization and
were followed up with a 1,383-sample lake sediment survey in 2023. Prospectin g programs in 2022-
2023 focused along these structures successfully identified the Target 22 showing which returned up to
0.81% Ni, 0.22% Cu , and 0.19% Co on selected grab samples. The Soisson Intrusive Suite was also
extended up to 10 kilometres with local identification of mineralized o utcrops (see press release by
Midland dated July 3, 2024 ). The 2024 prospecting campaign identified four (4) unmapped Soisson
intrusives and mineralization on on e of them. Selected grab samples returned up to 0.4% Ni and 0.3%
Cu and suggest Ni/Cu ratios of about 1.5, which is similar and/or superior to the ratio obtained on other
Soissons intrusions in the area.
Due to bad northern weather, the planned 2024 regional helicopter-borne Time Domain Electromagnetic
survey (“HELITEM”) was postponed to 2025. A prospecting campaign is also planned for the summer
of 2025.
Nachicapau Project – Strategic Alliance with SOQUEM
The Nachicapau project is located in the Labrador Trough, Nunavik, in the Nachicapau Lake area. The
2024 exploration efforts were focused on th e Cu-Au-Ag mineralized zon e discovered in 2022 and
2023, which graded up to 25.6% Cu, 4.90 g/t Au and 162 g /t Ag on selected grab samples ( see press
release by Midland dated October 4, 2022 ). Digenite-bornite-malachite mineralization hosted in
calcite-clinochlore veins also returned up to 13.80% Cu and 1.71% Cu on outcrops, and up to 20.40%
Cu in boulders (see press release by Midland dated December 7, 2023 ). In 2024, further prospecting
revealed new digenite, bornite, and malachite mineralized pods reachin g several centimetres in size
and vein hosted. Best grades include 39.90% Cu, 308.00 g/t Ag and 0.04 g/t Au, and 15.40% Cu, 84.70
g/t Ag and 1.51 g/t Au. These veins are injected in rocks of the Murd och Formation and also contain
calcite, dolomite, clinochlore and specularite. They range from a few centimetres to several decimetres
in thickness, with a lateral extent of a few metres. Their distribution in the main zone extends up to 3.7
km to the southeast o f Cu-Au-Ag horizons discovered in 2022. Additional mineralized veins grading
up to 5.22% Cu, 13.8 g/t Ag and 0.65 g/t Au were also identified in a new area located 10 km southeast
of the main zone. Very little exploration work has been conducted between the two 2024 areas. Th e
density and distribution of these veins over several kilometres could suggest the presence of a regional-
scale hydrothermal system. A drone magnetic survey totalling 768.2 km was carried out in 2024 to
cover the main showing zone and showings identified between 2022 and 2024. Interpretation of this
survey is ongoing and will refine our structural understanding of the area (see press release by Midland
dated August 22, 2024).
The bulk of the data collected during the campaigns are being processed and will be used to define the
strategy for 2025. Numerous surface targets remain unexplored on the prop erty, namely th e 10 km
interval separating the two areas wh ere digenite-bornite-malachite-bearing veins were found. Surface
exploration will therefore continue in this area and southward, to determine the extent of copper-gold-
silver mineralization. Expl oration work in 2025 will also focus on defining dr illing targets to assess
potential at depth.
Willbob – 100% Midland
The Willbob project is located abou t 70 kilometres west and southwes t of Kuujuaq. In 2024, a follow-
up prospecting campaign was completed in the Canyon Lake area of the project, where gold showings
such as Canyon-1 (up to 31.5 g/t Au), Canyon-2 (up to 23.5 g/t Au) and Canyon-3 (up to 6.85 g/t Au)
were uncovered previously in selected grab samples ( see press release by Midland dated August 22,
2019). The 2024 campaign identified several gold anomalies, up to 39.5 g/t Au on selected grab samples
at Canyon-3, which currently spread over along a 787-metre zone ( see press release by Midland dated
August 1, 2024).
A follow-up prospecting program is planned in 2025 in the Canyon Lake area of the project.
Cautionary statements
Grab samples are selective by natu re and reported values are not nece ssarily indicative of mineralized
zones. The true thickness of repo rted channel or drilling intervals cannot be determined with the
information currently available; intervals are thus reported in channel and/or core length.
Mineralization occurring at deposits and former mines mentioned in this press release is not necessarily
indicative of mineralization that may be intersected on projects held by Midland described in this press
release.
Copper equivalent (“CuEq *”) values herein were calculated using the following metal prices: Au
$1,500.00/oz, Cu $3.25/lb, Ag $15.00/oz, Mo $15.00/lb. CuEq* values are used for exploration purposes
only and do not include estimations of metallurgical recovery.
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 BHP Canada
Inc., Rio Tinto Exploration Canada Inc., Barrick Gold Corporation, Wallbridge Mining Company Ltd,
Probe Gold Inc., Agnico Eagle Mines Limited, Electric Element 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 proj ects to build up the Company portfolio and generate
shareholder value.
Qualified Person and Chief Geologist Jean-François Larivière, P. Geo, Ph. D, prepared this press release
and verified the projects data as Midland’s qua lified 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: www.midlandexploration.com
Neither TSX Venture Exchange nor its Regulation Serv ices Provider (as that term is defined in the
policies of the TSX Venture Exchan ge) 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 Midland’s periodic reports including the annual report or in
the filings made by Midland from time to time with securities regulatory authorities.
1
1
DETOUR LAKE
NELLIGAN
ZONE 58N
MARTINIERE
BUG LAKE
FENELON GOLD
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
Guyberry
Fleuribleu
LAC SHORTT
M-Cadillac
Agnico Eagle JV
Mistaouac Jouvex
Heva
Abitibi Projects
Casault Option Wallbridge
La Peltrie JV Probe
Cu-Au-Mo-Ag Showing
0.2% CuEq over 513.5 m
Noyelles
Lewis
Samson
BELL OSBOURNE
Adam
Patris Option Barrick
Till drilling program
HORNE 5 LARONDE
Nickel Square
Patris