Midland resumes exploration at Jouvex project

Executive Summary

• Midland Exploration resumes field work on the Jouvex gold project, executing IP and drone‑supported magnetic surveys to refine drilling targets.
• A new south‑zone target has been identified, highlighting potential VMS mineralization and syenitic intrusions similar to the nearby Douay deposit.
• Plans are announced for a winter 2026 helicopter‑supported diamond drill program of at least 1,500 m targeting the IP grid defined in fall 2025.

Key Details

• IP Survey: 30 line‑kilometres of induced polarization (IP) surveying scheduled for October 2025 to refine drilling targets near a major structure north of Douay.
• Magnetic Surveys: Two drone‑supported magnetic surveys completed on the south part of Jouvex, revealing truncated magnetic fabric at the felsic–mafic contact.
• New Target Definition: Revised geology adds a band of felsic tuffs and volcanic rocks between Taibi sediments and Cartwright mafic volcanics; historical drill holes intersect these units, opening potential for VMS mineralization.
• Drilling Campaign: Winter 2026 diamond drilling (helicopter‑supported) planned – minimum 1,500 m total depth – focused on the IP grid and prospective gold‑bearing syenite similar to Douay. Permit applications have been submitted and are being processed.
• Resource Context: Nearby Douay deposit hosts indicated & inferred resources of ~3.04 M oz Au (2022 MRE, Maple Gold).
• Qualified Person: Richard D. St‑Cyr, PGeo, reviewed and approved the release as Midland’s qualified person under NI 43‑101.

Notable Quotes

(No direct quotes provided in the release.)