Core Viewpoint - Midland Exploration Inc. is advancing its summer 2025 exploration program in collaboration with SOQUEM Inc., focusing on the Labrador Trough in Nunavik with a joint budget of $1 million, continuing efforts since 2021 [2][21]. Exploration Focus - The exploration will target the central part of the Labrador Trough, particularly the Nachicapau and Dunphy South projects, which are considered prospective for economic copper mineralization [3][9]. - Fieldwork is set to commence on June 23, 2025, including rock and soil geochemical sampling and an OreVision® spectral induced polarization survey [3][7]. Project Highlights - The Dunphy South project has shown promising results with copper grades up to 3.73% Cu discovered in 2024, and further sampling campaigns are planned to assess the extent of mineralization [7][10]. - The Nachicapau project has revealed significant mineralization with grades reaching 39.90% Cu and 308.00 g/t Ag in grab samples, indicating a rich hydrothermal system [16][13]. Future Plans - In 2025, Midland and SOQUEM will focus on defining the extent of copper showings in the Dunphy South project and continue exploration in the Nachicapau project to identify new mineralized areas [9][12]. - An OreVision® survey covering 40 km is scheduled for July 2025 to identify deeper targets that may indicate economic mineralization [17][18]. Strategic Alliance - The Strategic Alliance between Midland and SOQUEM aims to explore the mineral potential of the Labrador Trough, with a commitment of up to $5 million over four years, including $2 million in the first two years [21][22]. - The collaboration is designed to leverage both companies' expertise in exploring the underexplored regions of Quebec [21][22].
Midland in Partnership With SOQUEM Begins Its 2025 Exploration Program in a Strategic Part of the Labrador Trough, Quebec