Midland and SOQUEM Stake 104 Mining Claims Following the Discovery of New Copper Occurrences in the Labrador Trough

Core Insights - Midland Exploration Inc. and SOQUEM Inc. have discovered new copper showings in the Labrador Trough, specifically in the central part of the region, which has been identified as prospective for economic copper mineralization [1][10] - The reconnaissance program in 2024 led to the discovery of several copper occurrences over a distance of 3.7 km, prompting the staking of 104 mining claims [5][9] Exploration Details - A 2-day reconnaissance campaign in early summer 2024 involved collecting 42 rock samples, revealing chalcopyrite mineralization in fractures and quartz-calcite veins within a mafic intrusive of the Wakuach Suite [3][4] - The best grades from the samples included 16 samples with grades greater than 0.1% Cu, with 2 samples exceeding 1% Cu, reaching up to 3.73% Cu [5][6] Mineralization Characteristics - The mineralized samples are distributed along a northwest-southeast-trending magnetic axis, with the major Argencourt thrust fault located 4 km to the west [6][10] - Anomalous values for other elements such as gold, cobalt, and molybdenum were also observed in the samples [5][6] Future Plans - Midland and SOQUEM plan to continue assessing the economic potential of these discoveries in 2025, with surface exploration work including rock and soil sampling [10][14] - The Strategic Alliance between Midland and SOQUEM aims to explore the mineral potential of the Labrador Trough, with a commitment to invest up to $5 million over four years [13][14]