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Midland Exploration Inc
Symbol MD
Shares Issued 93,618,758
Close 2025-07-03 C$ 0.315
Market Cap C$ 29,489,909
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Midland Exploration begins prospecting at Willbob-Kan

2025-07-03 17:23 ET - News Release

Mr. Gino Roger reports

MIDLAND BEGINS EXPLORATION WORK ON THE WILLBOB-KAN GOLD PROJECT IN THE LABRADOR TROUGH

Midland Exploration Inc. has begun its prospecting campaign in the Digeridoo area on its Willbob-Kan gold project, wholly owned by Midland. The Willbob-Kan project covers several tens of kilometres of stratigraphy and structures that are highly favourable for gold.

Highlights:

  • Midland announces recently the acquisition of the Kan gold project;
  • Channel on Didgeridoo zone grading 2.30 grams per tonne gold over 8.95 metres, including 3.56 grams per tonne gold over 3.15 metres (open to the northwest);
  • Numerous known gold occurrences on the project grading up to 9.8 grams per tonne gold over 13.2 metres (channel sample, Ferricrete showing), 8.71 grams per tonne gold over 7.0 metres (channel sample, Pump Pad Ridge showing) and 5.24 grams per tonne gold over 17.0 metres (channel sample, Winchester showing).

2025 fieldwork

This prospecting campaign will be conducted in the Didgeridoo claim block of the Willbob-Kan project in July. This claim block has not been worked since follow-up work on showings discovered in July, 2019 (see press release dated Aug. 22, 2019).

Didgeridoo zone

Channel sampling conducted on the Didgeridoo zone in 2019 returned several gold results, including an interval grading 2.30 grams per tonne gold over 8.95 metres, including 3.56 grams per tonne gold over 3.15 metres. This channel sample is located at the northwestern edge of trench DJ-05; the zone thus remains open to the northwest. (Note that true thicknesses of the channels cannot be determined at this time with the information available.)

The Didgeridoo zone is in the southern part of the Willbob-Kan project, approximately 15 kilometres southeast of the main gold showings found on the Kan area now held 100 per cent by Midland (see press release dated April 22, 2025). The Didgeridoo zone consists of a five- to 10-metre-wide shear zone trending northwest-southeast that hosts abundant fault-filling quartz-calcite veins, occurring in gabbros and quartz diorites. Up to six occurrences of visible gold were observed within this zone, which was stripped over approximately 100 metres in length and which remains open at both ends.

Best results -- 2018 channel sampling -- Didgeridoo zone:

  • Channel DJ-05: 2.30 grams per tonne gold over 8.95 metres, including 3.56 grams per tonne gold over 3.15 metres (open to the northwest);
  • Channel DJ-02: 4.71 grams per tonne gold over 2.90 metres, including 9.30 grams per tonne gold over 1.30 metres;
  • Channel DJ-01: 1.67 grams per tonne gold over 8.80 metres (extension of the 2017 channel);
  • Channel DJ-04: 1.45 grams per tonne gold over 6.70 metres.

Cautionary statement

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

Quality control

During the past prospecting program, assay samples (grabs) were taken and sent to a certified commercial laboratory (Actlabs). A strict quality assurance/quality control program was applied to all samples, which includes insertion of mineralized standards and blank samples for each batch of 20 samples. The gold analyses were completed by fire assay with atomic absorption finish on 50 grams of materials. The samples were also analyzed using a multielement (60) geochemical group by four-acid digestion followed by ICP-OES (inductively coupled plasma -- optical emission spectroscopy) finish.

About Midland Exploration Inc.

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, Rio Tinto Exploration Canada Inc., Wallbridge Mining Company Ltd., Probe Gold Inc., Agnico Eagle Mines Ltd., 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 corporation portfolio and generate shareholder value.

This press release was reviewed and approved by Richard St-Cyr, PGeo, exploration director for Midland and a qualified person as defined by National Instrument 43-101.

We seek Safe Harbor.

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