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Midland and SOQUEM Stake 104 Mining Claims Following the Discovery of New Copper Occurrences in the Labrador Trough

MONTREAL, Feb. 27, 2025 (GLOBE NEWSWIRE) -- Midland Exploration Inc. (“Midland”) ...

articleMidland Exploration Inc.February 27, 20254/company/midland-exploration-inc/news/midland-and-soquem-stake-104-mining-claims-following-the-discovery-of-new-copper-occurrences-in-the-labrador-trough
Midland and SOQUEM Stake 104 Mining Claims Following the Discovery of New Copper Occurrences in the Labrador Trough

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[{"type":"text","content":"Midland and SOQUEM Stake 104 Mining Claims Following the Discovery of New Copper Occurrences in the Labrador Trough\n\n\n\n MONTREAL, Feb. 27, 2025 (GLOBE NEWSWIRE) -- Midland Exploration Inc.\n \n (“Midland”)\n \n\n (TSX-V: MD)\n \n , in partnership with SOQUEM Inc.\n \n (“SOQUEM”)\n \n , is pleased to announce the discovery of new copper showings in the Labrador Trough. For many years, part of the exploration work conducted under the Strategic Alliance (the “Alliance”) in Nunavik, Quebec, has focused on unexplored regions within the area of interest. In 2024, efforts were particularly focused on the central part of the Labrador Trough, identified as prospective for the discovery of economic copper mineralization. This reconnaissance program led to the discovery of several copper showings along a northwest-southeast-trending magnetic axis, over a distance of more than 3 km south of Dunphy Lake. This discovery prompted the staking of 104 mining claims along this prospective axis.\n \n\n\n\n Highlights\n \n\n\n :\n \n\n\n\n\n\n Discovery of new copper occurrences spread over a distance of 3.7 km. Chalcopyrite mineralization is observed in multiple fractures and quartz-calcite veins within an altered mafic intrusive of the Wakuach Suite.\n \n\n\n\n\n\n 16 samples collected on outcrops or boulders detached from the outcrops, yield grades >0.1% Cu, and 2 samples graded >1% Cu, reaching up to 3.73% Cu. These samples also exhibit anomalous values for several elements such as gold, cobalt or molybdenum.\n \n\n\n\n\n\n A block of 104 mining claims was staked to cover the prospective axis associated with this discovery.\n \n\n\n\n\n\n A 2-day reconnaissance campaign took place in the early summer of 2024 in the central part of the Labrador Trough (Figure 1a, 1b). During this campaign, 42 rock samples were collected on outcrops or in boulders detached from the latter, leading to the discovery of chalcopyrite mineralization in fractures and quartz-calcite veins within a mafic intrusive of the Wakuach Suite. Pervasive and locally intense albite and potassic feldspar alteration was observed, as well as hematite and epidote alteration associated with fractures. Best grades include values of 3.73% Cu and 1.94% Cu in the northernmost part of the area, and 0.54% Cu further south (Fig...

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