Midland, in Partnership With Rio Tinto Exploration Canada, Resumes Drilling for Lithium on the Galinée Project

Core Insights - Midland Exploration Inc. has initiated a second drilling campaign for lithium at the Galinée project, in partnership with Rio Tinto Exploration Canada Inc. [6] - The Galinée project is strategically located near the Adina lithium deposit, which has significant mineral resources [13] Drilling Program Details - The 2024 drilling program included 21 diamond drill holes and 7 reverse circulation (RC) drill holes, totaling 6,284.86 meters, with 819.92 meters being RC drilling [7] - The main focus was on the Iceberg showing and other areas such as White Stripes, Surge, Snow Fox, and White Lightning [7] - Significant drill results include core length interval composites of 1.38% Li2O over 37.86 meters in hole TLIB0007, and other notable results from holes TLIB0026 and TLIB0018 [7][8] Financial and Operational Plans - A budget of 5.2 million CAD has been approved for the first phase of drilling in 2025, which will commence with RC drilling followed by diamond drilling [9][12] - The drilling will aim to follow up on the best intersections from 2024 and explore structural targets throughout the property [9] Geological Insights - Geological mapping and drilling have identified at least seven spodumene pegmatite bodies, with indications that these bodies are open along strike and to depth [11] - The major lithium phase at Iceberg is identified as spodumene, with minor alterations present [11] Project Context - The Galinée project is located in a favorable geological setting, similar to the Adina deposit, which has a consolidated mineral resource of 61.4 million tons at 1.14% Li2O indicated [13]