Midland Exploration Commences Induced Polarization Survey on Caniapisc Gold Project
MONTREAL, Feb. 26, 2026 – Midland Exploration Inc. (TSX-V: MD) has announced the start of a ground-induced polarization (IP) geophysical survey on its Caniapisc Au project, located in the Eeyou Istchee James Bay and Caniapiscau regions of Quebec. The project, wholly owned by Midland, encompasses 315 exclusive exploration rights covering an area of 159 square kilometres.
Survey Details and Objectives
The 24 line-kilometre IP survey will focus on the southern part of the project, where several gold-bearing boulders were identified during the 2025 exploration programs. These boulders included a selected grab sample with a maximum value of 24.5 grams per tonne (g/t) of gold. The survey aims to generate exploration targets and gather bedrock information to support the upcoming summer exploration program.
Key objectives include:
- Covering the lake north of gold-in-till anomalies detected in 2025.
- Extending northward to areas with mineralized boulders from previous discoveries.
- Providing data for follow-up prospecting, geological mapping, soil sampling, and an airborne LiDAR survey.
- Evaluating potential for summer mechanical trenching activities.
Geological Context and Historical Significance
The Caniapisc Au project is situated south of the Caniapiscau Reservoir within the Ashuanipi Subprovince, a lesser-explored portion of the Archean Superior Province. It lies in the Raynouard Complex, a 50-kilometre-long volcanosedimentary belt featuring bimodal volcanic sequences, metasedimentary rocks, and iron formations. Historical exploration to the south has revealed volcanogenic Cu-Zn-Ag-Au and porphyry Cu-Au-Ag-Mo mineralization, highlighting the region's potential.
In 2014, a till sampling survey identified gold anomalies in the area, which were confirmed by five till samples in 2025. The 2025 exploration programs, which included geological mapping, prospecting, soil sampling, and magnetic and electromagnetic surveys, successfully identified several Au-Zn-Mn-Ag and Au-Zn-Ag-(Pb)-bearing boulders within a 2-kilometre radius. Sixteen selected grab samples yielded values exceeding 2.0 g/t Au, with one sample reaching 24.5 g/t Au.
Future Exploration Plans
Midland is preparing for an extensive summer exploration program, which will build on the IP survey results. Planned activities include:
- Follow-up prospecting and geological mapping to further assess mineralized zones.
- A soil sampling program to complete coverage of the project area.
- An airborne LiDAR survey to enhance topographic and geological understanding.
- Evaluation of summer mechanical trenching to access subsurface mineralization.
The company is also analyzing data from a 2001-kilometre magnetic and electromagnetic geophysical survey to better understand the geological and structural context of the Caniapisc Au project. This comprehensive approach aims to unlock the full potential of this promising gold exploration site in Quebec.
