Midland Exploration Inc.TSXV: MD

Midland Begins Drilling Program on the Willbob Gold Project in the Labrador Trough

· Issued by Midland Exploration Inc. via GlobeNewswire

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MONTREAL, July 08, 2026 (GLOBE NEWSWIRE) -- Midland Exploration Inc. ("Midland") (TSX-V: MD) is pleased to announce the start of its drilling and prospecting campaign on the Willbob project, wholly owned by Midland. The Willbob project covers several tens of kilometres of stratigraphy and structures that are highly favourable for gold.

Highlights

  • Commencement of a 24-hole drilling program on the Willbob project and the Kan sector, totaling 3,500 m;

  • Acquisition of the Kan gold project announced by Midland in 2025, with numerous known gold occurrences on the project (see press release dated April 22, 2025).

  • Channel on Didgeridoo Zone grading 2.30 g/t Au over 8.95 m, including 3.56 g/t Au over 3.15 m (open to the NW) (see press release dated July 3, 2025).

2026 Fieldwork

A 3,500-metre drilling campaign will be completed on the Ants, Ferricrete, Pump Pad Ridge, Canyon, and Didgeridoo areas of the Willbob project in July and August. The Canyon and Didgeridoo areas have never been drill-tested. The Ants area was previously tested by Midland with 9 drill holes, whereas the Ferricrete and Pump Pad Ridge showings (Kan area) were previously drill-tested by several companies, namely Kennecott Canada Inc, Virginia Mines Inc., and Barrick Gold, between 1990 and 2023.

In addition, a field campaign including prospecting and drill site preparation was conducted from June 6 to 17 on the Ants, Ferricrete, Pump Pad Ridge, Canyon, and Didgeridoo area. A total of 74 samples were collected during this campaign.

Ants Zone

Discovered on outcrop in 2018, the Ants mineralized zone is characterized by the presence of sulphides, mainly consisting of 1-15% pyrrhotite with traces (up to 1%) chalcopyrite. These sulphides are disseminated or clustered in a quartz diorite host rock that is strongly altered to iron carbonates and albite and locally injected with quartz-carbonate veinlets. Note that visible gold was observed in many locations.

Channel sampling results from 2018 yielded the following intervals (see press release dated November 15, 2018): 1.78 g/t Au over 23.3 metres, including 3.19 g/t Au over 10.0 metres (channel ANTS-18-03); 3.33 g/t Au over 5.0 metres (channel ANTS-18-02); 2.22 g/t Au over 4.5 metres (channel ANTS-18-04).

During the September 2019 drilling campaign on the Ants showing (see press release dated October 23, 2019), nine (9) drill holes totalling 910.5 metres were drilled (WB-19-25 to WB-19-33). Best results are as follows: 1.81 g/t Au over 12.06 metres, including 2.99 g/t Au over 4.56 metres (WB-19-33), and 2.09 g/t Au over 6.01 metres, including 4.05 g/t Au over 2.50 metres (WB-19-26).

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