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
MWN-AI** Summary
Midland Exploration Inc. (TSX-V: MD) and SOQUEM Inc. have announced a significant discovery of a new copper-gold-rare earth elements (REE) mineralized zone in the Labrador Trough, Quebec, as of September 30, 2025. This discovery results from their collaborative reconnaissance program under a Strategic Alliance, which has pursued the potential for economic copper mineralization in the region for several years.
The highlights of this discovery include three grab samples with striking assay results: one sample reported 31.60% copper (Cu) and 6.92 grams per tonne (g/t) gold (Au), another recorded 12.30% Cu and 0.36 g/t Au, while the third showed 0.65% Cu and 0.05 g/t Au. Additionally, these samples revealed associated cobalt (up to 0.20% Co) and silver (up to 37.30 g/t Ag) concentrations. The exploration team has secured exclusive exploration rights over 36 new claims covering an area of 17.4 square kilometers, named the Malaco Mountain project.
The mineralization, primarily consisting of chalcopyrite and malachite, is observed in siltstones and mudstones, indicating a promising geological setup for further exploration. Historically, significant amounts of chalcopyrite were found in drilling in 1962, suggesting that the region may have unexplored mineralization at greater depths.
Midland and SOQUEM plan to extend their exploration efforts, having allocated a combined budget of $1 million for their ongoing work in the region in 2025. The collaboration seeks to tap into the rich mineral potential of the Labrador Trough to enhance economic development in Quebec. As results from September’s follow-up exploration campaign are pending, this discovery marks a noteworthy advancement for both companies in the mining sector.
MWN-AI** Analysis
The recent announcement from Midland Exploration Inc. and SOQUEM regarding the discovery of a new copper-gold-rare earth elements (REE) zone in the Labrador Trough marks a significant development in the mining sector, particularly for investors who are focused on copper and gold investments. The grades reported—31.60% Cu and 6.92 g/t Au—are notably high, suggesting strong economic potential for this project.
From a market perspective, this discovery could enhance Midland Exploration’s valuation and investor interest. The acquisition of 36 exclusive exploration rights covering a substantial area signifies strategic growth that can potentially increase the company’s resource base significantly. Such findings often attract speculative investments, particularly in exploration-stage companies like Midland. Given the growing global demand for copper, driven by clean energy initiatives and electrification, investors should watch this development closely.
However, potential investors should exercise caution. While grab samples present an optimistic view, they are selective and do not guarantee that the entire mineralized zone exhibits similar quality. Consequently, it's crucial to await further exploration results from the ongoing campaign, as these will provide a clearer picture of the economic viability of the project.
Additionally, the involvement of SOQUEM adds a layer of credibility and resource-sharing capabilities, as the alliance has proven to be productive in uncovering promising mineral zones in the Labrador Trough. This could lead to increased operational efficiency and a more robust exploration strategy.
In conclusion, while the immediate reaction to such discoveries typically increases stock volatility, which can present trading opportunities, investors should remain informed about subsequent exploration results and market conditions. Engaging in Midland’s stock could be beneficial for risk-tolerant investors looking to capitalize on potential commodities booms, especially in favorable geopolitical and economic contexts.
**MWN-AI Summary and Analysis is based on asking OpenAI to summarize and analyze this news release.
MONTREAL, Sept. 30, 2025 (GLOBE NEWSWIRE) -- Midland Exploration Inc. (“Midland”) (TSX-V: MD), in partnership with SOQUEM Inc. (“SOQUEM”) , is pleased to announce the discovery of a new mineralized zone with copper, gold, and rare earth elements (REE) in the Labrador Trough. For many years, a reconnaissance program conducted under the Strategic Alliance (the “Alliance”) in Nunavik, Quebec, has focused, within the area of interest, on the central part of the Labrador Trough, identified as prospective for the discovery of economic copper mineralization.
Highlights :
- Discovery of a new copper-gold-REE showing: 3 grab samples collected on outcrop graded (1) 31.60% Cu, 6.92 g/t Au, 0.16% REE; (2) 12.30% Cu, 0.36 g/t Au, 0.57% REE, and (3) 0.65% Cu, 0.05 g/t Au, 0.39% REE;
- Other commodities such as cobalt (up to 0.20% Co) and silver (up to 37.30 g/t Ag) are also associated with these samples;
- Acquisition by map designation of 36 exclusive exploration rights (EER) covering an area of 17.4 km 2 ;
- Results from a follow-up conducted during an exploration campaign in September are pending.
A half-day geological reconnaissance campaign was conducted in June 2025 in an unexplored area of the Labrador Trough. The results of the three selected samples taken from the outcrop are presented in the table below.
Table: Samples results taken from an outcrop at the Malaco Mountain project
| Sample_ Number | UTM_E (m) | UTM_N (m) | Cu (%) | Au (g/t) | ETR (%) | Ag (g/t) | Co (%) |
| C1456708 | 565749.23 | 6200925.39 | 31.60 | 6.92 | 0.16 | 37.30 | 0.20 |
| C1456710 | 565748.77 | 6200923.47 | 12.30 | 0.36 | 0.57 | 6.6 | 0.02 |
| C1456709 | 565749.49 | 6200924.23 | 0.65 | 0.05 | 0.39 | 1.2 | 0.008 |
| * Coordinates System UTM NAD83 Zone 19 |
The chalcopyrite and malachite mineralization, hosted in locally cherty siltstones and mudstones, is observed as disseminations parallel to bedding and spatially associated with fractures, breccias and shearing. Veining with massive pyrite, chalcopyrite, malachite, azurite and digenite is also observed. The extent of this mineralization is currently unknown. This is the first occurrence in the Labrador Trough combining Cu-Au-REE-Co-Ag at grades above thresholds established by the Ministère des Ressources Naturelles du Québec (“MRNQ”). One day of follow-up work took place in September 2025 to assess the economic potential of this discovery. Surface work including rock sampling was conducted and results are pending.
Under the regional exploration program within the Alliance’s area of interest, this target was generated following compilation work highlighting the presence of shallow historical drilling conducted in 1962 which identified significant amounts of chalcopyrite (GM13648; MRNQ). No assay results are available for these drill holes but the latter indicate that mineralization extends at depth.
This discovery led to the acquisition of a block of 36 EER covering an area of 17.4 km 2 , which represents a new area of interest named Malaco Mountain under the Alliance. This area, located approximately 70 kilometres south of the Nachicapau project, enhances the potential for copper, gold and REE in the central part of the Labrador Trough.
Quality Control
Rock samples from the project are analyzed at Actlabs laboratories in Ancaster, Ontario, by ICP-MS with four-acid digestion for metals and by standard fire assay on 50-gram fractions with atomic absorption finish for gold. Exploration programs are designed, and results are interpreted by Qualified Persons employing a Quality Assurance/Quality Control program consistent with industry best practices, including the use of standards and blanks for every 20 samples.
Cautionary Statements
Grab samples are selective by nature and may not be representative of mineralized zones. Mineralization occurring at deposits and showings mentioned in this press release is not necessarily indicative of mineralization that may be found on projects held by Midland and mentioned in this press release.
About the Strategic Alliance with SOQUEM
The Strategic Alliance enables Midland and SOQUEM to combine their efforts and expertise to jointly explore the excellent potential for gold and strategic minerals of the vast and underexplored Labrador Trough. The area of interest defined under the Alliance is located in Nunavik. Geologically, it covers the Labrador Trough, the Rachel-Laporte Zone and the Kuujjuaq Domain. The area of interest extends from Schefferville in the south up to approximately 100 km northwest of Kangirsuk. This agreement calls for investments in exploration reaching up to $5 million over a period of four (4) years, with a firm commitment of $2 million within the first two (2) years of the agreement. In March 2023, a joint venture agreement between Midland and SOQUEM was executed to define the terms governing exploration and development work on the mining claims forming the Nachicapau property. In 2025, the Alliance continued its exploration work in the Labrador Trough and on the Nachicapau project with a joint annual budget of $1 million (50% Midland and 50% SOQUEM).
About SOQUEM
SOQUEM, a subsidiary of Investissement Québec, is dedicated to promoting the exploration, discovery and development of mining properties in Quebec. SOQUEM also contributes to maintaining a strong economy in Quebec’s regions. A proud partner and ambassador for the development of Quebec’s mineral wealth, SOQUEM relies on innovation, research and strategic minerals to be well positioned for the future.
About Midland
Midland targets the excellent mineral potential of Quebec to make the discovery of new world-class deposits of gold and critical metals. Midland is proud to count on reputable partners such as SOQUEM Inc., BHP Canada Inc., Rio Tinto Exploration Canada Inc., Centerra Gold Inc., Agnico Eagle Mines Limited, Wallbridge Mining Company Ltd, Probe Gold Inc., Electric Elements Mining Corp., Nunavik Mineral Exploration Fund, and Abcourt Mines Inc. Midland prefers to work in partnership and intends to quickly conclude additional agreements in regard to newly acquired properties. Management is currently reviewing other opportunities and projects to build up the Company portfolio and generate shareholder value.
Qualified Person and Exploration Director Richard D. St-Cyr, P.Geo., reviewed and approved this press release and the Malaco Mountain project data as Midland’s qualified person (QP) within the meaning of National Instrument 43-101.
For further information, please consult Midland’s website or contact:
Gino Roger, President and Chief Executive Officer
Tel.: 450 420-5977
Fax: 450 420-5978
Email: info@midlandexploration.com
Website: https://www.midlandexploration.com/
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
This press release may contain forward-looking statements that are subject to known and unknown risks and uncertainties that could cause actual results to vary materially from targeted results. Such risks and uncertainties include those described in Midland’s periodic reports including the annual report or in the filings made by Midland from time to time with securities regulatory authorities.
Figures accompanying this announcement are available at:
https://www.globenewswire.com/NewsRoom/AttachmentNg/d8148e2f-b2bf-4ab3-a669-3b00da24e689
https://www.globenewswire.com/NewsRoom/AttachmentNg/300648fb-49a0-4124-8424-4572562b8c8a
https://www.globenewswire.com/NewsRoom/AttachmentNg/14aec55c-8efc-4619-8820-a647edde14ac
FAQ**
How does the recent discovery of high-grade copper-gold-REE mineralization by Midland Exploration Inc. MD:CC potentially impact its stock performance in the upcoming quarters?
What are the next steps Midland Exploration Inc. MD:CC plans to take following the pending results from the September exploration campaign?
Can Midland Exploration Inc. MD:CC provide further details on the historical drilling results from 1962 that indicated significant chalcopyrite presence?
How does the Strategic Alliance with SOQUEM enhance Midland Exploration Inc. MD:CC's capability to explore and develop its mineral properties in the strategic Labrador Trough?
**MWN-AI FAQ is based on asking OpenAI questions about Midland Exploration Inc. (TSXVC: MD:CC).
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