Northwire Canada EditionTuesday, November 10, 2026
Northwire
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Gold 4,037.60 −1.9% Silver 51.45 −2.4% Copper 6.27 −1.1% Oil 86.38 −0.5% Palladium 1,026.25 +0.5% PUR 0.365 +7.3% SCY 0.085 +6.2% AUMN 0.300 +7.1% SLG 6.15 −2.4% MSC 0.020 +0.0% MCI 0.140 +0.0% PPM 0.095 +0.0% SMP 0.045 −10.0% FUSE 0.020 −20.0% COPR 0.380 +1.3% WSK 0.170 +0.0% GAL 0.375 −1.3% VCG 1.07 +4.9% LVX 0.245 −27.9% RAMP 0.250 −7.4% QTWO 1.73 +7.5% Gold 4,037.60 −1.9% Silver 51.45 −2.4% Copper 6.27 −1.1% Oil 86.38 −0.5% Palladium 1,026.25 +0.5% PUR 0.365 +7.3% SCY 0.085 +6.2% AUMN 0.300 +7.1% SLG 6.15 −2.4% MSC 0.020 +0.0% MCI 0.140 +0.0% PPM 0.095 +0.0% SMP 0.045 −10.0% FUSE 0.020 −20.0% COPR 0.380 +1.3% WSK 0.170 +0.0% GAL 0.375 −1.3% VCG 1.07 +4.9% LVX 0.245 −27.9% RAMP 0.250 −7.4% QTWO 1.73 +7.5%
Drill Results

Midland begins IP geophysical survey at Caniapisc

MD · Price

Executive Summary

  • Midland Exploration Inc. has commenced a 24-line-kilometre ground induced polarization (IP) geophysical survey on its wholly owned Caniapisc Au project in Quebec.
  • The survey targets the southern portion of the project, specifically covering a lake north of gold-in-till anomalies and extending northward to cover gold-bearing mineralized boulders identified during 2025 exploration programs.
  • The primary objective is to generate exploration targets and gather bedrock information to guide upcoming summer activities, including prospecting, soil sampling, airborne lidar, and potential mechanical trenching.

Key Details

  • Survey Scope: 24-line-kilometre ground IP geophysical survey.
  • Location: Southern part of the Caniapisc Au project, covering the lake north of gold-in-till anomalies and extending northward to gold-bearing mineralized boulders.
  • Project Assets: 315 exclusive exploration rights (EERs) covering 159 square kilometres.
  • 2025 Exploration Highlights:
    • Identification of several gold-bearing boulders.
    • Maximum grab sample value: 24.5 grams per tonne (g/t) Au.
    • 16 selected grab samples yielded values greater than 2.0 g/t Au.
    • One amphibolite outcrop in the southwestern part returned 0.56 g/t Au.
    • Identification of Au-Zn-Mn-Ag and Au-Zn-Ag-(Pb)-bearing boulders within a two-kilometre radius up-ice from gold-in-till anomalies.
  • Previous Geophysical Work: A 2,001-kilometre magnetic and electromagnetic geophysical survey was completed, with final data currently being evaluated.
  • Upcoming Programs:
    • Follow-up prospecting and geological mapping.
    • Soil sampling to complete project coverage.
    • Airborne lidar survey.
    • Evaluation of summer mechanical trenching.
  • Geological Context: Project is located in the Raynouard complex (Ashuanipi subprovince, Archean Superior province), characterized by a 50-kilometre-long volcanosedimentary belt. Historical exploration to the south highlights potential for volcanogenic Cu-Zn-Ag-Au and porphyry Cu-Au-Ag-Mo mineralization.

Notable Quotes

  • No direct quotes from management were included in the provided text.
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