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Midland and SOQUEM Are Planning an Induced Polarization Survey on the Malaco Mountain Copper-Gold-Rare Earth Element Zone in the Labrador Trough
MONTREAL, April 01, 2026 (GLOBE NEWSWIRE) -- Midland Exploration Inc. (“Midland”) ...
About this update from Midland Exploration Inc.
[{"type":"text","content":"Midland and SOQUEM Are Planning an Induced Polarization Survey on the Malaco Mountain Copper-Gold-Rare Earth Element Zone in the Labrador Trough\nMONTREAL, April 01, 2026 (GLOBE NEWSWIRE) -- Midland Exploration Inc. (“Midland”) (TSX-V: MD), in partnership with SOQUEM Inc. (“SOQUEM”), is pleased to announce a follow-up campaign on the copper, gold, and rare earth elements (REE) zone discovered in 2025 on the Malaco Mountain project (Labrador Trough, Churchill Province, Quebec). An induced polarization (“IP”) survey totalling 15-line kilometres is planned in August 2026 and will be accompanied by a ground prospecting campaign. Highlights: The 2025 exploration program led to the discovery of a mineralized outcrop grading up to 31.60% Cu, 6.92 g/t Au, 32.4 g/t Ag, 1.77% REE (see press releases dated September 30, 2025 and November 4, 2025);A follow-up exploration campaign is planned with a 15-line km IP survey. A pole-dipole survey totalling 15-line kilometres is planned to cover the mineralized outcrop discovered in 2025, the sedimentary mudstone unit, and the fold axis. This geophysical program, accompanied by a prospecting program, is designed to cover the east part of the property and generate exploration and drilling targets based on geophysical, geological, and geochemical criteria. In June 2025, during a reconnaissance campaign in the Labrador Trough, three samples collected from an outcrop graded up to 31.60% Cu, 6.92 g/t Au, 0.57% REE (see press release dated September 30, 2025). Two transects of 10 and 13 metres in length were sampled at 1-metre intervals. Twenty-five (25) grab samples were collected, eighteen (18) of which yielded grades above 0.1% Cu and ten (10) were above 1% Cu, reaching up to 27.6% Cu (see press release dated November 4, 2025). Gold grades between 61 and 877 ppb Au were obtained, as well as values locally reaching 32.4 g/t Ag and 1.77% REE (La, Ce). Mineralization occurs as stratiform horizons with chalcopyrite, pyrite, malachite, azurite, and digenite disseminated parallel to bedding in a mudstone, as well as massive discordant veins associated with fractures and breccia zones cross-cutting stratigraphy. The mineralization is associated with silica, albite, and carbonate alteration. Petrophysical testing conducted on massive...