Midland Continues to Discover New Gold Mineralization at the Caniapisc Au Project, James Bay
  globenewswire.com
   October 28, 2025 07:30 ET                                 | Source:                                Midland Exploration Inc.
   MONTREAL, Oct.  28, 2025  (GLOBE NEWSWIRE) -- Midland Exploration Inc. (“Midland”) (TSX-V: MD)  is pleased to announce gold results from the September follow-up  exploration program on the new discovery of gold, zinc, and silver on  its Caniapisc Au project, in the Eeyou Istchee James Bay and Caniapiscau  regions. The Caniapisc Au project is wholly owned by Midland and  consists of 296 exclusive exploration rights (“EER”) covering an area of  146 square kilometres.
    Highlights:
    - The  September exploration program successfully identified several new  gold-bearing boulders with a new maximum value of 24.5 g/t Au obtained  from a selected grab sample while following up the recent 2025 summer  results;
 - A total of 16 samples returned gold values exceeding 0.5 g/t, including eight (8) values greater than 2.0 g/t Au;
 - A selected grab sample assayed 0.56 g/t Au from an outcrop;
 - A 2,001-kilometres magnetic and electromagnetic geophysical survey is completed on the Caniapisc Au project.
    The  autumn exploration program on the Caniapisc Au project was completed  and included geological mapping, prospecting, a soil sampling program,  and a magnetic and electromagnetic geophysical survey to follow up on  the several recent Au-Zn-Mn-Ag and Au-Zn-Ag-(Pb)-bearing boulders  identified during the 2025 summer program (see press release by Midland dated September 9, 2025).  Outcrops are sparse due to a cover of glacial deposits, so boulder  prospecting is the effective exploration technic for this environment. A  total of 111 selected grab rock samples and 112 soil samples were  collected during the follow-up campaign. From these rock samples, eight  (8) show values greater than 2.0 g/t Au, eight (8) are between 0.5 and  2.0 g/t Au, while 24 others returned values between 0.1 and 0.5 g/t Au.  Only gold results have been received so far, so metallic assemblages  will be further evaluated when all the other analyses are received. Soil  samples results are also pending.
    Table 1: New selected grab rock samples which returned value greater than 0.5 g/t Au
   
 
 | Sample | Type | East (m)* | North (m)* | Au (g/t) |  | C563768 | Boulder | 480181 | 5954805 | 24.5 |  | C563926 | Boulder | 479245 | 5955032 | 19.2 |  | C563931 | Boulder | 479150 | 5955020 | 11.9 |  | C563907 | Boulder | 481344 | 5956595 | 6.47 |  | C563773 | Boulder | 479841 | 5954328 | 5.35 |  | C563927 | Boulder | 479248 | 5955030 | 3.78 |  | C563985 | Boulder | 479135 | 5954765 | 3.50 |  | C563753 | Boulder | 481345 | 5956596 | 2.91 |  | C563928 | Boulder | 479240 | 5955042 | 1.97 |  | C563766 | Boulder | 479494 | 5955090 | 1.50 |  | C563961 | Boulder | 481450 | 5956878 | 0.93 |  | C563924 | Boulder | 479300 | 5954858 | 0.90 |  | C563996 | Boulder | 480191 | 5954693 | 0.74 |  | C563933 | Boulder | 480214 | 5954773 | 0.63 |  | C563972 | Outcrop | 476173 | 5953638 | 0.56 |  | C563954 | Boulder | 480469 | 5953242 | 0.56 |  
 
    * Coordinates in UTM Zone 19 (NAD83)
    Samples  with analytical values exceeding 2.0 g/t Au were collected from angular  boulders. The maximum result of 24.5 g/t Au was obtained from a  selected grab sample of a boulder of banded amphibolite. This specific  boulder is located in the south centre of the project area, where during  the previous prospecting campaign of the summer a similar boulder  returned 2.76 g/t Au (see press release by Midland dated September 9, 2025).  Following-up the anomalous gold-manganese results (3.94 g/t Au and 6.00  % MnO) of the earlier summer campaign in the southern centre part of  the project area, selected grab samples C563926, C56393, and C563985  respectively returned analytical results of 19.2, 11.9, and 3.50 g/t Au.  Field observation of these new boulders suggests a garnet-rich  intrusive host rock. Follow up and resampling of the fuchsite boulder  identified this summer returned a new value of 6.47 g/t Au in sample  C563907. While boulders are mostly observed until now in the project  area, an amphibolite outcrop in the south-western part of the project  returned a value of 0.56 g/t Au from a selected grab sample.
    A  2001-kilometres magnetic and electromagnetic geophysical survey  covering the Caniapisc Au project was completed and reception of the  final data is pending. This survey will be used to further understand  the geological and structural context of the project and guide targeting  for a 2026 exploration program.
    About the Caniapisc Au Project 
    The  Caniapisc Au project lies south of the Caniapiscau Reservoir and is  geologically located within the Ashuanipi Subprovince, a lesser-known  and explored portion of the Archean Superior Province. The project is  more specifically located in the Raynouard Complex, characterized by a  50 kilometre-long volcanosedimentary belt comprising bimodal volcanic  sequences, metasedimentary rocks and iron formations. Historical  exploration work, to the south of the Caniapisc Au project, highlights  the potential of the Raynouard Complex with the presence of volcanogenic  Cu-Zn-Ag-Au and porphyry Cu-Au-Ag-Mo mineralization. The Caniapisc Au  project is strategically located north of these showings, where a  historical 2014 till sampling survey identified gold anomalies. Three  (3) till samples, located within the perimeter of the project, returned  up to 41 pristine, 66 modified, and 9 remodeled gold grains, which to  our current knowledge have not been followed up extensively (2014 Public report GM67959, MRNF).
    Quality Control 
    Rock  samples from the project were analyzed at Actlabs laboratories in  Ancaster, Ontario, by ICP-MS with 4-acid digestion for metals, and by  standard fire assay on 30-gram fractions with atomic absorption finish  for gold and by ICP-OES fusion for major elements (including MnO). Soil  samples are processed and analyzed at Actlabs laboratories in Ancaster,  Ontario, by neutron activation (namely for Au) and ICP-OES with 4-acid  extraction (namely for Zn and Mn), after sieving to -177 microns.  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 alternate 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 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 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., 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 Chief Geologist Jean-François Larivière, P.Geo., PhD,  prepared, reviewed and approved this press release and the 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: globenewswire.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.
    Forward-Looking Statements 
    This  news release contains forward-looking statements and forward-looking  information (together, “forward-looking statements”) within the meaning  of applicable securities laws. Forward-looking statements include  statements relating to the Corporation’s expectations regarding the  conclusion of additional agreements in regard to newly acquired  properties, and other estimates and statements that describe Midland’s  future plans, objectives or goals, including words to the effect that  Midland or management expects a stated condition or result to occur. All  statements, other than statements of historical facts, are  forward-looking statements. Forward-looking statements involve risks,  uncertainties and other factors that could cause actual results,  performance, prospects and opportunities to differ materially from those  expressed or implied by such forward-looking statements. Factors that  could cause actual results to differ materially from these  forward-looking statements include, without limitation, changes in  general economic conditions and conditions in the financial markets,  changes in demand and prices for minerals, failure to obtain the  requisite permits and approvals from government bodies and third  parties, regulatory and governmental policy changes (laws and policies)  and those risks set out in Midland’s public documents, including in each  management discussion and analysis, filed on SEDAR+ at  www.sedarplus.com. Although Midland believes that the assumptions and  factors used in preparing the forward-looking statements are reasonable,  undue reliance should not be placed on these statements, which only  apply as of the date of this news release, and no assurance can be given  that such events will occur in the disclosed times frames or at all.  Except where required by applicable law, Midland disclaims any intention  or obligation to update or revise any forward-looking statement,  whether as a result of new information, future events or otherwise.
    Photos accompanying this announcement are available at:
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  Figure 1                   Midland Projects-Eeyou Istchee James Bay                                             
  Figure 2                  Caniapisc Au Area                                             
  Figure 3                   Caniapisc Au-Summer 2025 Results                                             
  Figure 4                   Caniapisc Au-New Results                                             
  Figure 5                   Samples-Summer 2025                                             
  Figure 6                   Samples-September 2025                                             
  Figure 7                   Samples-September 2025 |