Midland grab samples up to 24.5 g/t Au at Caniapisc

Executive Summary

• Midland Exploration Inc. released results from its September follow-up exploration program at the Caniapisc gold project in Quebec, identifying new high-grade gold mineralization via boulder sampling.
• The program identified a new maximum grab sample value of 24.5 g/t Au, along with eight samples exceeding 2.0 g/t Au and 16 samples exceeding 0.5 g/t Au.
• A 2,001-kilometre magnetic and electromagnetic geophysical survey was completed to guide future targeting for the 2026 exploration program.

Key Details

• Project Location: Caniapisc gold project, Eeyou Istchee James Bay and Caniapiscau regions, Quebec.
• Project Ownership: Wholly owned by Midland Exploration Inc., consisting of 296 exclusive exploration rights (EERs) covering 146 square kilometres.
• Sampling Method: Boulder prospecting and soil sampling due to sparse outcrops covered by glacial deposits.
• Sample Counts:
  • 111 selected grab rock samples collected.
  • 112 soil samples collected.
• Gold Results (Rock Samples):
  • Maximum Value: 24.5 g/t Au from a selected grab sample of a banded amphibolite boulder in the southern centre part of the project.
  • High-Grade Samples: 8 samples returned values greater than 2.0 g/t Au.
  • Moderate-Grade Samples: 8 samples returned values between 0.5 and 2.0 g/t Au.
  • Low-Grade Samples: 24 samples returned values between 0.1 and 0.5 g/t Au.
  • Total Anomalous Samples: 16 samples returned gold values exceeding 0.5 g/t Au.
• Specific High-Grade Intercepts:
  • Sample C563926: 19.2 g/t Au.
  • Sample C56393: 11.9 g/t Au.
  • Sample C563985: 3.50 g/t Au.
  • Sample C563907 (fuchsite boulder resample): 6.47 g/t Au.
  • Outcrop sample (southwestern part): 0.56 g/t Au.
• Geological Context:
  • New boulders suggest a garnet-rich intrusive host rock.
  • Previous summer campaign identified similar boulders (e.g., 2.76 g/t Au) and anomalous gold-manganese results (3.94 g/t Au and 6.00% MnO).
• Geophysical Survey:
  • Completed a 2,001-kilometre magnetic and electromagnetic survey.
  • Final data reception is pending.
  • Purpose: Understand geological/structural context and guide targeting for the 2026 exploration program.
• Analytical Laboratories: Actlabs (Ancaster, Ont.).
  • Gold: Standard fire assay on 30-gram fractions with atomic absorption finish.
  • Metals: ICP-MS with four-acid digestion.
  • Major Elements: ICP-OES fusion.
  • Soil Samples: Neutron activation for gold; ICP-OES with four-acid extraction for zinc and manganese.
• Historical Context:
  • Project located in the Ashuanipi subprovince, Archean Superior province.
  • Located in the Raynouard complex, characterized by a 50 km-long volcanosedimentary belt.
  • Historical 2014 till sampling identified gold anomalies, including pristine, modified, and remodelled gold grains.

Notable Quotes

• None provided in the text.