Northwire Canada EditionTuesday, August 18, 2026
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MTT 0.155 −6.1% TNR 0.320 +0.0% MSA 7.88 +3.3% IDEX 0.550 +1.9% ARTG 39.09 −0.6% MEK 0.045 −10.0% BEX 0.085 +6.2% NTH 0.152 −4.7% SCOT 2.68 −2.5% KRI 0.250 +6.4% MD 0.405 +2.5% CANX 0.240 +4.3% LXM 0.160 −5.9% BPAG 1.12 −5.9% BUFF 0.770 +1.3% BSK 0.050 +0.0% MTT 0.155 −6.1% TNR 0.320 +0.0% MSA 7.88 +3.3% IDEX 0.550 +1.9% ARTG 39.09 −0.6% MEK 0.045 −10.0% BEX 0.085 +6.2% NTH 0.152 −4.7% SCOT 2.68 −2.5% KRI 0.250 +6.4% MD 0.405 +2.5% CANX 0.240 +4.3% LXM 0.160 −5.9% BPAG 1.12 −5.9% BUFF 0.770 +1.3% BSK 0.050 +0.0%
Drill Results

Midland and SOQUEM to Commence an Exploration Program Including an Induced Polarization Survey on the Malaco Mountain Copper-Gold-Rare Earth Element Zone in the Labrador Trough

By The Northwire Desk — AI Analysis Aug 18, 2026 · 07:30 MD · 0.405 Midland Exploration Inc.
MD · Price

Midland Exploration Inc. has commenced a follow-up exploration campaign on its Malaco Mountain project in Quebec, working in partnership with SOQUEM Inc. The 2026 program focuses on copper, gold, and rare earth elements (REE) and includes a 15-line kilometre pole-dipole induced polarization (IP) survey, prospecting, and soil sampling. These activities are designed to generate new exploration and drilling targets based on mineralized outcrops discovered in 2025.

The current campaign follows the 2025 discovery of mineralized outcrop grading up to 31.60% Cu, 6.92 g/t Au, 32.4 g/t Ag, and 1.77% REE. In June 2025, three grab samples from an outcrop graded up to 31.60% Cu, 6.92 g/t Au, and 0.57% REE. Twenty-five (25) grab samples were collected; 18 yielded grades above 0.1% Cu and 10 were above 1% Cu (up to 27.6% Cu). Gold grades ranged between 61 and 877 ppb Au. Mineralization occurs as stratiform horizons with chalcopyrite, pyrite, malachite, azurite, and digenite disseminated parallel to bedding in mudstone, as well as massive discordant veins associated with fractures and breccia zones. Mineralization is associated with silica, albite, and carbonate alteration. Petrophysical testing revealed strong electrical contrasts, justifying the use of induced polarization.

The IP survey covers the mineralized outcrop discovered in 2025, the sedimentary mudstone unit, and extends to cover a fold axis. Additional prospecting and soil sampling programs are being conducted to cover the east part of the project. The objective is to generate exploration and drilling targets based on new geophysical, geological, and geochemical data.

The strategic alliance between Midland and SOQUEM continues in 2026 with a joint annual exploration budget of $1 million (50/50 split) covering the Malaco Mountain and Nachicapau projects. The initial agreement, executed in November 2021, called for investments up to $4 million over four years.

Richard D. St-Cyr, P.Geo., reviewed and approved the release and project data. Grab samples are selective by nature; true thickness of reported transect intervals cannot be determined with available information.

Read the original news release →

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