Midland and SOQUEM Plan Induced Polarization Survey at Malaco Mountain

MONTREAL, 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.

Midland Exploration Inc. and SOQUEM Inc. are set to conduct an induced polarization (IP) survey at the Malaco Mountain zone located within the Labrador Trough, an area rich in copper, gold, and rare earth elements. This strategic move comes as part of their ongoing exploration efforts aimed at uncovering significant mineral wealth in this region.

The Malaco Mountain zone is of particular interest due to its geological characteristics which suggest high potential for hosting valuable mineral deposits. The upcoming IP survey will serve as a crucial tool to identify sub-surface anomalies that could indicate the presence of these resources. Electromagnetic methods, such as IP, are vital in mineral exploration as they can effectively map areas of varying conductivity and chargeability in the subsurface geology.

Midland and SOQUEM's collaboration underscores their commitment to advancing mining exploration in the Labrador Trough, a region that has historically been overlooked but is gaining attention due to its prospective mineral endowments. The results of the IP survey will inform future drilling programs and exploration initiatives in the area, potentially leading to significant discoveries that could contribute to local and regional economic development.

Interest in the Labrador Trough is on the rise, fueled by increasing demand for copper, gold, and rare earth elements essential for high-tech and green technologies. Therefore, the outcomes of the IP survey will be closely monitored by industry stakeholders. The research conducted will not only provide insights into the mineral potential of the Malaco Mountain zone but may also encourage further investments into the region, thereby catalyzing growth and innovation in mineral resource exploration.