Midland Commences Drilling on Its Jouvex Gold Project Northwest of the Douay Deposit in Abitibi
MWN-AI** Summary
Midland Exploration Inc. has announced the initiation of a 1,600-meter diamond drilling program at its Jouvex gold project, approximately 10 kilometers northwest of the Douay deposit in Quebec's Abitibi region. This project is wholly owned by Midland, which has been active in exploring the property since 2024 after completing drone-supported magnetic and induced polarization (IP) surveys in late 2025. The targeted area has emerged as promising due to its proximity to a major geological structure near the Douay deposit, known for its estimated resources of 3.038 million ounces of gold (2022 MRE).
Midland's 2026 drilling program will consist of five drill holes aimed at investigating the magnetic anomalies and structures coinciding with IP anomalies in this underexplored area. Notably, historical drill hole JOU-1-84 revealed alteration patterns indicative of potential gold mineralization. The key focus will be a significant chargeability zone that may indicate disseminated sulphides, potentially associated with the Casa-Berardi deformation zone.
Recent assessments have shifted Mainstream's exploratory efforts to the southern part of the Jouvex property, where the geology has been updated to account for newly identified volcanics and tuffs, which could signal opportunities for volcanic massive sulfide (VMS) mineralization. Furthermore, the magnetic surveys suggest geological disruptions conducive to syenitic intrusions, akin to those found near Douay.
Midland remains committed to capitalizing on Quebec's mineral potential, collaborating with esteemed partners like Rio Tinto, BHP, and Agnico Eagle, while actively seeking further opportunities to enhance its project portfolio and shareholder value. The qualified person overseeing this project is Richard D. St-Cyr, P.Geo.
MWN-AI** Analysis
Midland Exploration Inc. (TSX-V: MD) is poised for an exciting phase with the commencement of its diamond drilling program at the Jouvex Gold Project, strategically located near the well-documented Douay deposit. This 1,600-metre drilling initiative aims to explore previously untested areas identified through recent drone-supported magnetic and induced polarization surveys. Given the geological similarities between the Jouvex and Douay regions, this drilling campaign represents a significant opportunity for potential gold mineralization.
Investors should closely monitor this project’s developments as it aligns with broader trends in gold exploration, particularly in the mineral-rich Abitibi belt. The promising historical data, especially drill hole JOU-1-84 indicating favorable alteration patterns, points towards the possibility of discovering economically viable gold deposits. The drilling will specifically target magnetic anomalies near the Casa-Berardi deformation zone, enhancing the likelihood of intercepting valuable mineralization.
Moreover, Midland's revised geological model for the Jouvex property, which incorporates new interpretations of historical data, could lend further credence to the potential for various mineralization types, including VMS deposits. This diversified exploration strategy underscores Midland's commitment to leveraging data and cutting-edge technology, which could yield robust returns for stakeholders.
Given Midland’s existing partnerships with major mining entities such as Rio Tinto and Agnico Eagle, the company is well-positioned to expand its exploration agenda and maximize shareholder value. Investors should consider accumulating shares ahead of drilling results, which, based on initial assessments, may lead to positive market reactions depending on findings. Furthermore, the company’s proactive approach towards building its portfolio indicates long-term growth potential, making Midland a compelling option for those interested in exploration-stage gold investments. Overall, this drilling program is a key catalyst worth tracking closely in the coming months.
**MWN-AI Summary and Analysis is based on asking OpenAI to summarize and analyze this news release.
MONTREAL, Jan. 15, 2026 (GLOBE NEWSWIRE) -- Midland Exploration Inc. (“Midland”) (TSX-V: MD) is pleased to announce the start of a 1,600-metre drilling program on its Jouvex gold property, wholly owned by Midland and located approximately 10 kilometres northwest of the Douay deposit.
Exploration work resumed on the Jouvex property in 2024-2025 with the execution of two drone-supported magnetic surveys, followed by an induced polarization (IP) survey totalling 30 line kilometres in the fall of 2025. These surveys were conducted in the south part of the property, on a new target with gold potential. This target is located near a major structure that runs just north of the Douay gold deposit, where indicated and inferred resources are estimated at 3.038 million ounces of gold (2022 MRE, Maple Gold website). In January 2026, this area, which has been largely neglected in the past, will be tested by Midland by diamond drilling.
2026 Diamond Drilling Program on Jouvex
A helicopter-supported diamond drilling program totalling 1,600 metres is expected to begin in January 2026. Five (5) drill holes are planned to test magnetic anomalies and interpreted structures coinciding with IP anomalies. This area has never been drill-tested; the nearest drill holes are located 350 metres to the northeast. Historical drill hole JOU-1-84 exhibited interesting alteration patterns, with silicification-carbonatization-sericitization, as well as felsic rocks favourable for gold mineralization (SIGEOM: GM42282). In 2026, the main target is one of the strongly positive magnetic anomalies associated with a chargeability zone. This association and signals may indicate the presence of disseminated sulphides, located between two zones of higher resistivity. This chargeability zone may correspond to the Casa-Berardi deformation zone as interpreted.
New Exploration Target Identified on Jouvex
Following a recent reassessment by Midland of the potential on the Jouvex property, the southern part of the project is now the main area for Midland current exploration efforts. Based on a compilation of historical drilling data, the geology was modified by adding a band of felsic tuffs and volcanic rocks between Taïbi sediments and Cartwright mafic volcanic rocks. These units, encountered in several historical drill holes, are not inventoried in SIGEOM and signal potential for VMS mineralization. In addition, drone-supported magnetic surveys conducted by Midland indicate the main magnetic fabric is truncated in the south part of the project. This interference, at the contact between felsic and mafic volcanic rocks, may be attributed to major structures, which are favourable emplacement sites for potential syenitic intrusions similar to Douay and a common metallotect for gold deposits in the Abitibi belt.
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 Rio Tinto Exploration Canada Inc., BHP Canada Inc., Centerra Gold Inc., Agnico Eagle Mines Limited, Wallbridge Mining Company Ltd, Probe Gold Inc., Electric Elements Mining Corp., SOQUEM Inc., 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 Midland’s portfolio and generate shareholder value.
Qualified Person and Exploration Director Richard D. St-Cyr, P.Geo., prepared, reviewed and approved this press release and the Jouvex project data as Midland’s Qualified Person (QP) within the meaning of National Instrument 43-101.
Gino Roger, President and Chief Executive Officer
Tel.: 450 420-5977
Fax: 450 420-5978
Email: info@midlandexploration.com
Website: 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.
Photos accompanying this announcement are available at:
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https://www.globenewswire.com/NewsRoom/AttachmentNg/03165531-2c60-4d85-82ee-12fef5c0a3c1
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FAQ**
What specific geological indicators has Midland Exploration Inc. MD:CC identified in the Jouvex property that support its potential for gold mineralization, particularly in relation to the recent magnetic and IP surveys?
How does the historical data from drill hole JOU-1-84 influence the current drilling strategy for Midland Exploration Inc. MD:CC, particularly regarding alteration patterns and favorable rock types for gold?
With the new exploration target identified in the southern part of the Jouvex property, what are the anticipated implications for Midland Exploration Inc. MD:CC’s overall strategy and potential resource estimates in 2026?
Given the partnerships Midland Exploration Inc. MD:CC has established, how do they plan to leverage these collaborations to enhance exploration and development efforts at the Jouvex property moving forward?
**MWN-AI FAQ is based on asking OpenAI questions about Midland Exploration Inc (OTC: MIDLF).
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