Northwire Canada EditionThursday, October 15, 2026
Northwire
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GOLD 4185.00 +1.9% SILVER 57.08 +2.1% COPPER 6.55 −1.6% OIL 96.21 +1.2% PALLADIUM 1134.50 +3.5% EVI 0.500 +0.0% ADZ 0.125 +0.0% MINK 0.075 +0.0% DNO 0.300 +0.0% RRRL 0.150 +0.0% MTT 0.245 +0.0% BAU 0.190 +0.0% TECT 1.66 +0.0% TOM 0.135 +0.0% FVL 0.900 +0.0% HART 0.195 +0.0% VLD 0.415 +0.0% TGOL 0.150 +0.0% TWR 0.170 +0.0% LAF 0.810 +0.0% SAO 0.050 +0.0% GOLD 4185.00 +1.9% SILVER 57.08 +2.1% COPPER 6.55 −1.6% OIL 96.21 +1.2% PALLADIUM 1134.50 +3.5% EVI 0.500 +0.0% ADZ 0.125 +0.0% MINK 0.075 +0.0% DNO 0.300 +0.0% RRRL 0.150 +0.0% MTT 0.245 +0.0% BAU 0.190 +0.0% TECT 1.66 +0.0% TOM 0.135 +0.0% FVL 0.900 +0.0% HART 0.195 +0.0% VLD 0.415 +0.0% TGOL 0.150 +0.0% TWR 0.170 +0.0% LAF 0.810 +0.0% SAO 0.050 +0.0%
Drill Results Routine +

Midland and Wallbridge to Test Gold Exploration Targets by Drilling at Casault

Midland has commenced drilling at its Vortex extension and C2 targets to evaluate the potential of these new mineralised zones.

Executive Summary

Midland Exploration Inc. (MD), in partnership with Wallbridge Mining, is mobilizing crews to the Casault gold property in Quebec to commence a 3,000-metre diamond drilling campaign. The program consists of 10-12 drill holes targeting the eastward extension of the Vortex gold zone and the undrilled C2 target. Additional targets include the Fontina cross-fault intersection and Lac du Doigt fault zone IP anomalies.

Historical 2017 drilling at Vortex established a geological precedent with intercepts such as 1.30 g/t Au over 23.5 m. Wallbridge holds an option to earn up to a 65% interest in the property.

Material Impact

Midland Exploration Inc. (MD) announced the latest drilling activity as part of its routine execution of the 2026 exploration budget, which previously outlined approximately 15,000 meters of planned drilling across its portfolio. The move aligns with the company’s February 2026 operational overview, which specifically scheduled drilling at the Casault property for the second quarter of 2026.

The announcement did not disclose any new financial terms, unexpected discoveries, or strategic shifts. Given the company’s active exploration phase, the market likely priced in this planned activity. The impact is described as incremental and operational, validating management's commitment to advancing the Casault project alongside other portfolio assets without introducing new catalysts.

MD · Price
Company Overview

Midland Exploration Inc. (MD) is a prospect generator and joint-venture partner focused on gold and critical metals, including lithium, nickel, and copper, across projects in Quebec and Labrador. The company leverages a partnership model, sharing exploration costs and upside with major miners to advance multiple projects simultaneously.

Key projects include the Casault gold property with Wallbridge, the Galinee lithium and cesium project with Rio Tinto, the Lewis gold project with a Barrick option, the Malaco Mountain/Nachicapau copper-gold-REE project with SOQUEM, and the Jouvex gold project near the Douay deposit. The company operates with a lean balance sheet, funding exploration through private placements and partner contributions.

Read the original news release →

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