Midland Discovers an Important Gold-Zinc-Silver Mineralized System on Its Caniapisc Au Project, James Bay

Core Insights - Midland Exploration Inc. has announced the discovery of a significant gold-zinc-silver mineralized system at its Caniapisc Au project, which consists of 296 claims covering an area of 146 square kilometers [10][25]. Exploration Campaign - A ten-day geological reconnaissance campaign was conducted in June 2025, focusing on explaining several Au-Zn-Pb-Mo anomalies discovered in 2024 and assessing the gold potential of the project [12]. - A total of 159 rock samples and 318 soil samples were collected during this campaign [12]. Rock Sampling Results - Within a 2-kilometer radius of historical gold anomalies, 8 out of 159 rock samples yielded gold values above 1.00 g/t Au, with a maximum value of 14.3 g/t Au [13]. - Five rock samples showed zinc values above 1%, with a maximum of 4.5% Zn, and high manganese values reaching up to 7.67% MnO [13]. Soil Survey Results - The soil survey revealed 6 values greater than 100 ppb Au, with a maximum of 423 ppb Au, and 20 values between 10 and 50 ppb Au [14]. - An extensive anomaly characterized by an Au-Zn-Mn signature was identified around a lake in the southern part of the project [14]. Metal Assemblages - Distinct metal assemblages were identified, including Au-Zn-Ag-Pb, Au-Zn-Mn-Ag, and Cu-Mo-Au-Ag, suggesting multiple gold sources and a fertile environment for gold [15][16]. - The highest grades of Au were found in boulders with potassic alteration, indicating potential distinct sources of gold [16]. New Claims and Future Exploration - Midland has acquired 201 new claims along the perimeter of the Caniapisc Au gold property [25]. - A new exploration program is planned, including geological mapping and extensive soil sampling, with a total of 200 soil samples to be collected [26]. Project Background - The Caniapisc Au project is located within the Ashuanipi Subprovince, characterized by a volcanosedimentary belt with historical exploration indicating potential for Cu-Zn-Ag-Au and porphyry Cu-Au-Ag-Mo mineralization [27].