Midland and SOQUEM Announce the Discovery of A New Copper-Gold-Ree Zone Up to 31.60% Cu And 6.92 g/t Au in the Labrador Trough

Core Insights - Midland Exploration Inc. and SOQUEM Inc. have discovered a new mineralized zone containing copper, gold, and rare earth elements in the Labrador Trough, indicating significant potential for economic mineralization in the area [1][5]. Exploration Details - A geological reconnaissance campaign was conducted in June 2025, resulting in three samples from the Malaco Mountain project with notable grades: - Sample C1456708: 31.60% Cu, 6.92 g/t Au, 0.16% REE, 37.30 g/t Ag, and 0.20% Co - Sample C1456710: 12.30% Cu, 0.36 g/t Au, 0.57% REE, 6.60 g/t Ag, and 0.02% Co - Sample C1456709: 0.65% Cu, 0.05 g/t Au, 0.39% REE, 1.20 g/t Ag, and 0.008% Co [3][7][20][22]. - The mineralization is characterized by chalcopyrite and malachite hosted in siltstones and mudstones, with the extent of the mineralization currently unknown [3][4]. Strategic Alliance - 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, including $2 million in the first two years [9]. - The Alliance has generated new targets based on historical drilling data, enhancing the exploration potential in the region [4][9]. New Acquisitions - Following the discovery, Midland acquired a block of 36 exclusive exploration rights covering an area of 17.4 km, further establishing the Malaco Mountain area as a new focus for exploration [5][7]. Quality Control Measures - Rock samples are analyzed at Actlabs laboratories using industry-standard methods, ensuring quality control through the use of standards and blanks [6].