Mr. Gino Roger reports

MIDLAND IDENTIFIES SEVERAL LAKE BOTTOM COPPER ANOMALIES FROM ITS NEW HIGH-RESOLUTION SURVEY COMPLETED ON THE LAC BERNARD PROJECT

Midland Exploration Inc. has released the final results from its 2025 high-resolution lake bottom survey completed on the Lac Bernard project, in the Eeyou Istchee James Bay and Caniapiscau regions. The Lac Bernard project is wholly owned by Midland and consists of 271 exclusive exploration rights (EERs) covering an area of 138 square kilometres, including 54 new EERs recently added.

Highlights:

• Results from the 2025 lake bottom sampling survey successfully identified eight anomalies that returned more than 250 parts per million (ppm) copper (Cu), with a maximum value of 533 ppm Cu;
• Three clusters of lake bottom copper anomalies were identified on the project;
• Soil and prospecting exploration program to begin in June.

A high-density lake sediment survey was conducted on the Lac Bernard and Viau projects, and in the southeastern part of the Caniapisc Au (gold) project, in 2025. The survey targeted areas where strong polymetallic (Cu (copper), Mo (molybdenum), Zn (zinc), W (tungsten)) lake sediment anomalies were present in regional Quebec government survey. The 2025 survey successfully confirmed and replicated the original Quebec government data and anomalies.

The higher-density survey further strengthened their significance and localization. On the Lac Bernard project, several strongly anomalous Cu lake sediment anomalies were identified in three different areas. A total of eight lake sediment samples returned more than 250 ppm Cu, with a maximum value of 533 ppm Cu (0.05 per cent Cu), while 17 other samples returned between 130 and 250 ppm Cu. In comparison, the regional median value for copper calculated from 1,161 regional lake bottom samples, including the Quebec government public data and the new results, is about 26 ppm Cu. Moreover, several anomalies in Au and Mo were also identified in many of these lake bottom samples. On the Viau project, several Zn, Mo and Au anomalies were also identified. These anomalies all remain unexplained. On the Lac Bernard project, a 326-soil-sample program and a week of prospecting is planned to begin in June to follow up on these anomalies. Prospecting will also occur on the Viau project.

Lac Bernard and Viau projects

The Lac Bernard project is located 30 kilometres south of Caniapisc Au, and covers several Au, Cu, Mo and Zn lake bottom anomalies, from the MRNF database, that are located in an area showing a favourable magnetic complexity, as observed on the available federal magnetic data covering the region. The Viau project is located 16 kilometres west of Caniapisc Au and covers several Zn and Mo lake bottom anomalies, from the MRNF databases, located on a magnetic high that could represent the signature of a fluorite granite identified by the MRNF in the same area.

Quality control

The design, processing and interpretation of the lake sediments survey was performed by qualified persons employing a quality assurance/quality control program consistent with industry best practices, including the use of standards and blanks. Lake sediment samples were collected and preprocessed by IOS Services Geoscientifiques at Saguenay, Que. Lake sediment samples were shipped and analyzed at Activation Laboratories at Ancaster, Ont., by two different methods: (1) instrumental neutron activation analysis (INAA); and (2) inductively coupled plasma atomic emission spectroscopy (ICP-AES) after an aqua regia digestion.

Cautionary statements

Lake bottom sample anomalies are from the secondary environment and anomalies are not necessarily indicative of mineralized zones.

Mineralization occurring at deposits and former mines mentioned in this news release is not necessarily indicative of mineralization that may be intersected on projects held by Midland described in this news release.

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 Rio Tinto Exploration Canada Inc., BHP Canada Inc., Centerra Gold Inc., Barrick Mining Corp., Agnico Eagle Mines Ltd., Wallbridge Mining Company Ltd., Fresnillo PLC, 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 Midland's portfolio and generate shareholder value.

Qualified person and chief geologist Jean-Francois Lariviere, PGeo, PhD, prepared, reviewed and approved this news release and verified the project data as Midland's qualified person (QP) within the meaning of National Instrument 43-101.

We seek Safe Harbor.