Announcement • Jun 19
Midland Exploration Inc. Commences Its 2026 Multiphase Exploration Program On The Caniapisc Au Project Midland Exploration Inc. announced the start of a multiphase exploration program on its Caniapisc Au project, in the Eeyou Istchee James Bay and Caniapiscau regions. The Caniapisc Au project is wholly owned by Midland and consists of 315 exclusive exploration rights covering an area of 159 square kilometres. The multiphase 2026 exploration program includes prospecting, soil sampling and a LiDAR and high-resolution imagery survey. The two phases prospecting program will target the 2025 gold-bearing mineralized boulders area, unexplained soil anomalies, electromagnetic airborne anomalies, and recently identified induced polarization anomalies. Several IP chargeability anomalies were found in the southwestern part of the survey. These anomalies are unexplained, due to the absence of outcrops in this area. However, several glacially transported Au-bearing boulders were found to the south and south-west of these anomalies in 2024-2025, which could suggest these boulders originate from these up-ice IP anomalies. Several Au anomalies in B-horizon soils are also found close to these strong IP anomalies. These combined features suggest potential exploration targets for gold to be followed up. The 2025 airborne survey also identified electromagnetic anomalies that will be followed up. The soil sampling program includes a total of 560 planned samples that will follow up on unexplained soil anomalies and further cover unexplored parts of the project to identify new exploration targets. The airborne LiDAR and high-resolution imagery survey will aid in identifying outcropping areas. The Caniapisc Au project lies south of the Caniapiscau Reservoir and is geologically located within the Ashuanipi Subprovince, a lesser-known and explored portion of the Archean Superior Province. The project is more specifically located in the Raynouard Complex, characterized by a 50 kilometre-long volcanosedimentary belt comprising bimodal volcanic sequences, metasedimentary rocks and iron formations. Historical exploration work, to the south of the Caniapisc Au project, highlights the potential of the Raynouard Complex with the presence of volcanogenic Cu-Zn-Ag-Au and porphyry Cu-Au-Ag-Mo mineralization. The Caniapisc Au project is strategically located north of these showings, where a historical 2014 till sampling survey identified gold anomalies. Results from five till samples in 2025 confirm the historical gold-in-till anomalies. The 2025 exploration programs on the Caniapisc Au project included geological mapping, prospecting, soil sampling, and a magnetic and electromagnetic geophysical survey. These programs successfully identified several Au-Zn-Mn-Ag and Au-Zn-Ag-(Pb)-bearing boulders within a 2-kilometre radius up-ice from gold-in-till anomalies where 16 selected grab samples yielded values greater than 2.0 g/t Au, including a sample returning 24.5 g/t Au. While boulders are mostly observed until now in the project area, an amphibolite outcrop in the south-western part of the project returned a value of 0.56 g/t Au from a selected grab sample. A 2,001-kilometres magnetic and electromagnetic geophysical survey covering the Caniapisc Au project was completed and the final data is being evaluated to further understand the geological and structural context of the project. Grab samples are selective by nature and reported values are not necessarily indicative of mineralized zones. Mineralization occurring at deposits and former mines mentioned in this press release is not necessarily indicative of mineralization that may be intersected on projects held by Midland described in this press release. Announcement • Jun 11
Midland Exploration Inc. Identifies Several Lake Bottom Copper Anomalies from Its New High-Resolution Survey Completed on the Lac Bernard Project Midland Exploration Inc. announced the final results from its 2025 high-resolution lake bottom survey completed on the Lac Bernard project, in the Eeyou Istchee James Bay and Caniapiscau regions. The Lac Bernard project is wholly owned by Midland and consists of 271 exclusive exploration rights covering an area of 138 square kilometres, including 54 new exclusive exploration rights recently added. Results from the 2025 lake bottom sampling survey successfully identified eight anomalies that returned more than 250 ppm Cu, with a maximum value of 533 ppm Cu. Three clusters of lake bottom copper anomalies were identified on the project. A high-density lake sediment survey was conducted on the Lac Bernard, Viau and in the southeastern part of the Caniapisc Au projects in 2025. The survey targeted areas where strong polymetallic (Cu, Mo, Zn, W) lake sediment anomalies were present in regional Quebec government survey. The 2025 survey successfully confirmed and replicated the original Quebec government data and anomalies. The higher density survey further strengthened their significance and localization. On the Lac Bernard project, several strongly anomalous copper lake sediment anomalies were identified in three different areas. A total of eight lake sediment samples returned more than 250 ppm Cu, with a maximum value of 533 ppm Cu (0.05% Cu), while seventeen other samples returned between 130 and 250 ppm Cu. In comparison, the regional median value for copper calculated from 1,161 regional lake bottom samples, including the Quebec government public data and the new results, is about 26 ppm Cu. Moreover, several anomalies in gold and molybdenum were also identified in many of these lake bottom samples. On the Viau project, several Zn, Mo and Au anomalies were also identified. These anomalies all remain unexplained. On the Lac Bernard project, a 326-soil sampling program and a week of prospecting is planned to begin in June to follow up on these anomalies. Prospecting will also occur on the Viau project. The design, processing and interpretation of the lake sediments survey was performed by qualified persons employing a Quality Assurance/Quality Control program consistent with industry best practices, including the use of standards and blanks. Lake sediment samples were collected and preprocessed by IOS Services Geoscientifiques at Saguenay, Quebec. Lake sediment samples were shipped and analyzed at Activation Laboratories at Ancaster, Ontario, by 2 different methods: 1) instrumental neutron activation analysis; 2) inductively coupled plasma atomic emission spectroscopy after an aqua-regia digestion. Lake bottom sample anomalies are from the secondary environment, and anomalies are not necessarily indicative of mineralized zones. Mineralization occurring at deposits and former mines mentioned is not necessarily indicative of mineralization that may be intersected on projects held by Midland described. The Lac Bernard project is located 30 kilometres south of Caniapisc Au and covers several Au, Cu, Mo, and Zn lake bottom anomalies, from the MRNF database, that are located in an area showing a favourable magnetic complexity, as observed on the available federal magnetic data covering the region. The Viau project is located 16 kilometres west of Caniapisc Au and covers several Zn and Mo lake bottom anomalies, from the MRNF databases, located on a magnetic high that could represent the signature of a fluorite granite identified by the MRNF in the same area. Announcement • May 28
Midland Exploration Inc. Completes Induced Polarization Geophysical Survey and Identifies Several Anomalies on Its Caniapisc Au Project Midland Exploration Inc. announced the preliminary interpretation of the results of the induced polarization ground geophysical survey completed on its Caniapisc Au project, in the Eeyou Istchee James Bay and Caniapiscau regions. The Caniapisc Au project is wholly owned by Midland and consists of 315 exclusive exploration rights covering an area of 159 square kilometres. The 2025 exploration programs successfully identified several gold-bearing boulders, with a maximum value of 24.5 g/t Au on a selected boulder grab sample. A 23.7 line-kilometre ground IP geophysical survey covering part of the southern part of the project, where several mineralized boulders were identified in 2025, was completed. Several unexplained chargeability anomalies were found within and along the border of the lake and located south and southwest of gold-bearing glacially transported boulders. The 23.7 line-kilometre pole-dipole IP geophysical survey, completed in winter 2026, covers the lake north of the gold-in-till anomalies in the southern part of the project, and extend northward to cover gold-bearing mineralized boulders identified in 2025. The IP survey covers an area approximately of 4.5 kilometres by 1.2 kilometres and was performed along east-west lines, perpendicular to the magnetic grain, separated by 200 metres and with a spacing of 37.5 metres along the lines. Several IP chargeability anomalies were found in the southwestern part of the survey. These anomalies are unexplained, due to the absence of outcrops in this area. However, several glacially transported Au-bearing boulders were found to the south and south-west of these anomalies in 2024-2025, which could suggest these boulders originate from these up-ice IP anomalies. Several Au anomalies in B-horizon soils are also found close to these strong IP anomalies. These combined features suggest potential exploration targets for gold to be followed up. Other strong to moderate IP chargeability anomalies were also found further to the east and also remain unexplained to date. Several Au-bearing boulders have been uncovered in the vicinity of these anomalies in 2024 and 2025. The data from the identified IP anomalies will be further evaluated using, in part, a geological and structural interpretation that is in progress and using the 2025 airborne magnetic and electromagnetic survey. The 2025 airborne survey also identified electromagnetic anomalies that will be followed up during the summer program. The upcoming summer exploration program in preparation includes a follow-up prospecting and geological mapping program, a soil sampling program to complete the coverage of the project, and an airborne LiDAR survey. The Caniapisc Au project lies south of the Caniapiscau Reservoir and is geologically located within the Ashuanipi Subprovince, a lesser-known and explored portion of the Archean Superior Province. The project is more specifically located in the Raynouard Complex, characterized by a 50 kilometre-long volcanosedimentary belt comprising bimodal volcanic sequences, metasedimentary rocks and iron formations. Historical exploration work, to the south of the Caniapisc Au project, highlights the potential of the Raynouard Complex with the presence of volcanogenic Cu-Zn-Ag-Au and porphyry Cu-Au-Ag-Mo mineralization. The Caniapisc Au project is strategically located north of these showings, where a historical 2014 till sampling survey identified gold anomalies. Results from five till samples in 2025 confirm the historical gold-in-till anomalies. The 2025 exploration programs on the Caniapisc Au project included geological mapping, prospecting, soil sampling, and a magnetic and electromagnetic geophysical survey. These programs successfully identified several Au-Zn-Mn-Ag and Au-Zn-Ag-(Pb)-bearing boulders within a 2-kilometre radius up-ice from gold-in-till anomalies where 16 selected grab samples yielded values greater than 2.0 g/t Au, including a sample returning 24.5 g/t Au. While boulders are mostly observed until now in the project area, an amphibolite outcrop in the south-western part of the project returned a value of 0.56 g/t Au from a selected grab sample. A 2,001-kilometres magnetic and electromagnetic geophysical survey covering the Caniapisc Au project was completed and the final data is being evaluated to further understand the geological and structural context of the project. The IP data quality was verified by qualified persons at TMC Geophysics and Baseline Geophysics by analyzing the quality of the decays at each measurement. The data is plotted on a pseudosection to be visualized as a 2D grid. Irregular decays and readings were rejected. Contour maps are produced from the pant leg filtered values of the apparent resistivity and chargeability. The result of the filtering process is that the plotted value at the surface is a weighted average of the pseudosection values along a pant leg centred on that station. While this filter is not entirely an accurate representation of the data, as pole-dipole anomalies have an asymmetric response, it remains more accurate than plotting a single n-level. Grab samples are selective by nature and reported values are not necessarily indicative of mineralized zones. Mineralization occurring at deposits and former mines mentioned in this press release is not necessarily indicative of mineralization that may be intersected on projects held by Midland described in this press release. Jean-François Larivière, P. Geo, Ph. D, prepared, reviewed and approved this press release and verified the project data as Midland’s qualified person within the meaning of National Instrument 43-101. 
