pediatrix(US:MD) Globenewswire·2025-12-04 12:30Core Insights - Midland Exploration Inc. and SOQUEM Inc. announced positive results from the 2025 exploration campaign on the Nachicapau project, highlighting the discovery of a major hydrothermal system with high-grade copper, gold, and silver [3][4][19] Exploration Results - The 2025 sampling campaign lasted 9 days in September, collecting 213 rock samples, with 23 samples showing grades greater than 0.10% Cu, including 11 samples exceeding 1.00% Cu, with the highest at 13.70% Cu [5][7] - Significant gold grades were also identified, with values reaching up to 4.83 g/t Au, and silver grades up to 65.40 g/t Ag [5][7] - Six new mineralized showings were discovered, with notable grades including 4.66% Cu, 0.20 g/t Au, and 13.8 g/t Ag associated with disseminated chalcopyrite mineralization [7][13] Geological Context - The new mineralized showings are associated with veins hosting digenite, bornite, and malachite, with four showings exhibiting gold contents above 1.00 g/t Au, indicating a favorable metallotect for future exploration [12] - The spatial distribution of these showings spans nearly 2.7 km along the contact between mafic rocks and dolomites, suggesting significant exploration potential [12] Induced Polarization Survey - An OreVision® induced polarization survey was conducted over 20.45 km, revealing several anomalies that are currently under analysis to determine the best drill-testing strategy for future exploration phases [15][16] 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 a $1 million annual budget for 2025 [19][20]