Northwire Canada EditionMonday, July 27, 2026
Northwire
B 0.150 +0.0% IFOS 2.28 −2.6% IMM 0.060 +0.0% ROCK 3.38 −1.7% NVX 0.250 −7.4% HAR 0.050 +0.0% YGT 0.175 +0.0% GEN 0.070 −nan% CRB 0.040 +14.3% MSA 7.07 +2.2% AEM 204.81 +0.7% OPW 0.105 +5.0% GRL 0.275 −1.8% AIS 0.150 +0.0% CUU 0.580 −1.7% SOMA 0.720 +5.9% B 0.150 +0.0% IFOS 2.28 −2.6% IMM 0.060 +0.0% ROCK 3.38 −1.7% NVX 0.250 −7.4% HAR 0.050 +0.0% YGT 0.175 +0.0% GEN 0.070 −nan% CRB 0.040 +14.3% MSA 7.07 +2.2% AEM 204.81 +0.7% OPW 0.105 +5.0% GRL 0.275 −1.8% AIS 0.150 +0.0% CUU 0.580 −1.7% SOMA 0.720 +5.9%
Drill Results

Midland, SOQUEM sample up to 27.6% Cu at Malaco

MD · Price

Executive Summary

  • Midland Exploration Inc., in partnership with SOQUEM Inc., reported new high-grade rock sampling assay results from the Malaco Mountain copper-gold-rare earth element (REE) zone in the Labrador Trough.
  • The sampling campaign, conducted in September 2025, confirmed the potential of the discovery made in June 2025, with samples returning up to 27.60% Cu and 0.88 g/t Au.
  • The mineralization is hosted in altered siltstones and mudstones, showing disseminations parallel to bedding and associated with fractures, breccias, and veining containing chalcopyrite, malachite, and pyrite.

Key Details

  • Sample Campaign: Two sampling transects (10m and 13m long) completed in September 2025 on the mineralized outcrop at Malaco Mountain.
  • Total Samples: 25 grab samples collected every metre along the transects.
  • High-Grade Copper: 10 samples yielded grades above 1% Cu, with the highest grade reaching 27.60% Cu (Sample ID: C1455754).
  • Gold Grades: Associated gold grades range from 61 to 877 parts per billion (ppb) Au in the high-grade copper samples.
  • Rare Earth Elements (REE): REE grades up to 1.77% were identified in the samples.
  • Other Metals:
    • Cobalt: Up to 0.35% Co.
    • Silver: Up to 32.40 g/t Ag.
  • Previous Results (June 2025): Three samples collected previously showed grades of:
    • Sample 1: 31.60% Cu, 6.92 g/t Au, 0.16% REE.
    • Sample 2: 12.30% Cu, 0.36 g/t Au, 0.57% REE.
    • Sample 3: 0.65% Cu, 0.05 g/t Au, 0.39% REE.
  • Geology: Mineralization consists of chalcopyrite and malachite hosted in altered siltstones and mudstones, observed as disseminations parallel to bedding and spatially associated with fractures and breccias. Veining includes massive pyrite, chalcopyrite, malachite, azurite, and digenite.
  • Future Plans: A follow-up field program is planned for 2026 to define the extent of the mineralization.
  • Strategic Alliance Context: Midland and SOQUEM have a joint annual budget of $1 million (50/50 split) for 2025 exploration work in the Labrador Trough and on the Nachicapau project.

Notable Quotes

  • No direct quotes from the CEO or President were included in the provided text.
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