Montreal, October 07, 2025 (Globe Newswire) – Midland Exploration Inc. (“Midland”) (TSX-V: MD) is pleased to announce an induced polarization (IP) study at its Jouvex Gold property, wholly owned by Midland and located approximately 10 kilometers northwest of the Douay deposit.
Field work on the Jouvex property resumed in 2024-25 with two drone-supported magnetic surveys underway. Surveys were carried out on the southern part of the property, at a potential new oat target. This area will also be the focus of an induced polarization survey of 30 kilometers of lines in the fall of 2025. Line cutting will begin and the survey is expected to take place in October 2025. The review is intended to clarify drilling targets that were previously identified based on a compilation of previous work and drone-supported magnetic surveys. These targets are located near the main structure that runs north of the Douay Gold discovery, where indicated and inferred resources are estimated at 3.038 million ounces of gold (2022 MRE, Maple Gold website)
New research target identified on Jouvex
Following Midland's recent reassessment of the potential on the Jouvex property, the southern 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 the Tybee sediments and the Cartwright volcanic rocks. These units, found in several historic drill holes, are not present in the sigeome and do not open the door to potential VM mineralization. Additionally, drone-assisted magnetic surveys conducted by Midland indicate that the main magnetic fabric is being truncated in the southern portion of the project. This interference at the contact between Felsic and mafic volcanic rocks may be associated with mafic structures that provide favorable host sites for potential syenite intrusions, similar to Douai and the fairly common gold deposition environment in the Abitibi Belt.
IP follow-up
Midland is planning a diamond drilling campaign in the winter of 2026 on an IP grid covered in the fall of 2025. A winter helicopter-supported campaign totaling at least 1,500 meters of diamond drilling is planned near a potential gold syenite similar to Douai. Permit applications have been submitted and processing is currently underway.
Cautionary Statement: The mineralization occurring at the Dueya deposit is not necessarily indicative of the mineralization that may be found at the Midland-held Jouvex property.
About Midland
Midland is targeting Quebec's superior mineral potential to discover new world-class deposits of gold and critical metals. Midland proudly counts on reputable partners such as Rio Tinto Exploration Canada Inc., BHP Canada Inc., Centerra Gold Inc., Agnico Eagle Mines Limited, Wallbridge Mining Company Ltd, Probe Gold Inc., Electric Elements Mining Corp., Soquem Inc., Nunavik Mineral Fund and Accort Mines Inc. relatively recently acquired properties. Management is currently considering other opportunities and projects to build the company's portfolio and enhance shareholder value.
Qualified Person and Study Director Richard D. St. Cyr, P.Geo., Reviewed and approved this press release and Jouvex Project data as a Midland Qualified Person (QP) within the meaning of National Instrument 43-101.
Gino Roger, President and CEO
Tel.: 450 420-5977
Fax: 450 420-5978
E-mail: [email protected]
Website: www.midlandexploration.com
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) is responsible for the adequacy or accuracy of this release.
Leading statements
This press release contains forward-looking statements and forward-looking information (collectively, “forward-looking statements”) within the meaning of applicable securities laws. Forward-looking statements include statements regarding the corporation's expectations of entering into additional agreements with respect to newly acquired properties and other estimates and statements that describe Midland's future plans, objectives or goals, including Midland's or management's expectation of a stated condition or outcome. All statements other than statements of historical fact are forward-looking statements. Forward-looking statements involve risks, uncertainties and other factors that may cause actual results, performance, prospects 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 general 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 and 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 forward-looking statements are reasonable, no reliance can be placed on these statements, which apply only as of the date of this press release, and no assurance can be given that such events will occur within the times disclosed or at all. Except as 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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