pediatrix(US:MD) Globenewswire·2025-08-19 11:30Core Insights - Midland Exploration Inc. has initiated an exploration program to investigate copper-gold-molybdenum-silver occurrences at its Saruman project, located in the Eeyou Istchee James Bay region of Quebec [4][6] - The Saruman project consists of 121 claims covering an area of 64 square kilometers and was acquired in November 2023 [4][8] - Strong copper anomalies were identified in a high-density lake sediment geochemistry survey, with significant concentrations found in a 5 by 3-kilometer area [6][10] Exploration Details - Reconnaissance work in summer 2024 revealed anomalous values of 0.32% Cu, 0.35 g/t Au, 0.39% Mo, and 13.8 g/t Ag in grab sample L880271 [6][10] - The mineralization observed includes disseminated, veinlet, and fracture-filling chalcopyrite, pyrite, and molybdenite in tonalites [6][10] - The current mineralization does not fully explain the extent of the lake sediment copper anomalies, suggesting a potentially larger Cu-Au-Mo-Ag system may be present [7][10] Geological Context - The Saruman project is situated in the Opatica geological Subprovince, specifically within the Theodat Complex, which remains poorly understood [8] - No previous exploration has been reported in the project area, indicating a relatively unexplored region with significant potential [8][10] Quality Control and Methodology - Exploration programs are designed and interpreted by Qualified Persons following industry best practices, including quality assurance and control measures [10][11] - Statistical processing of lake sediment data was conducted by the Ministère des Ressources Naturelles et des Forêts du Québec (MRNF), identifying multiple copper anomalies above the 97th and 99.5th percentiles [9][10]