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Midland Exploration Inc. Company Data
| Introduction
| Projects in Hand
| Management
Midland Exploration is a dynamic mineral exploration company targets the excellent mineral potential of Quebec to make the discovery of new world-class deposits of gold and critical metals. Midland is proud to count on reputable partners such as Rio Tinto Exploration Canada Inc., BHP Canada Inc., Barrick Gold Corp., Wallbridge Mining Company Ltd., Probe Gold Inc., Agnico Eagle Mines Ltd., Electric Elements Mining Corp., SOQUEM Inc., Nunavik Mineral Exploration Fund and Abcourt Mines Inc. Midland prefers to work in partnership and intends to quickly conclude additional agreements in regard to newly acquired properties. The Company is led by a highly respected management and technical team with a proven mine-finding track record. Management is currently reviewing other opportunities and projects to build up Midland's portfolio and generate shareholder value. On December 23, 2023, Midland was pleased to announce that it has received UL 2723 ECOLOGO® Certification for Mineral Exploration Companies. This comprehensive certification is the first certification for mineral exploration companies to consider the identification, management, and application of the best environmental, social, and economic practices. Good Quality Partners Since 2006! New Strategic Alliance (2)
Active Option Agreement (3)
Actives Joint-Ventures (6)
Midland Recent Highlights
Coming Up for Midland Exploration
Investment Highlights
Management and Directors Gino Roger, President, Chief Executive Officer and Director Mr. Roger was a senior and regional project geologist for Xstrata, Falconbridge and Noranda. He actively participated in the generation, acquisition and negotiation of a number of projects and the discovery of base metal deposits. He mainly worked in Quebec, Ontario, BC, Yukon and Sweden on different metallogenic projects and environments: gold, VMS, Sedex, MVT and IOCG. He and his team received the prestigious QMEA prospector of the year award in 2005 for the discovery of the West-Ansil deposit. Mr. Roger is a member of the Ordre des ingénieurs du Québec. He acted as an administrator of the Quebec Mineral Exploration Association (QMEA) for more than 28 years and is still an administrator of CONSOREM. Jean-Pierre Janson, Chairman of the board Since 2019, Mr. Janson has been a consultant for Richardson Wealth Limited. Over the past 30 years, Mr. Janson has served as Managing Director at CIBC Wood Gundy Financial Services (Quebec) Inc. (Eastern Canada) and held executive positions at Merrill Lynch Canada Inc. and Midland Walwyn Inc. In over 30 years in the financial services industry, he has built a reputation of trust and respect. Paul Archer, Director Mr. Archer has more than 35 years of experience in the mining industry, particularly in exploration for gold and base metals in Archean terrains. Before retirement, he was the VP Exploration of Virginia Gold Mine and was actively involved in the discovery of the Eleonore Gold Mine in James Bay. Annie Dutil, Director Ms. Dutil has over 15 years of extensive mining knowledge, specifically in the areas of public accounting, compliance with financial information obligations and regulatory matters. Jean des Rivières, Director Mr. des Rivières has over 35 years of diversified experience in the exploration and mining industries while working in more than 50 countries touching base and precious metals. He held the position of global VP Metals Exploration at BHP. Simon Lussier, Director Mr. Lussier has more than 35 years of diverse experience in the financial industry. Ingrid Martin, Chief Financial Officer Mrs. Martin possesses a vast experience as consultant for public companies. She acts, also, as Chief Financial Officer of Vior Inc. Mrs. Martin is devoting 40% of her time to Midland Exploration. Technical Team JF Larivière (Chief Geologist) Richard St-Cyr (Exploration Director) Sylvain Trépanier Louis-Philippe Richard Romain Deflin Philippe Allard Chloé Esnault Maxime Dour On February 13, 2025, Midland Exploration Inc. has granted incentive stock options to employees, directors and officers of Midland to acquire an aggregate of 800,000 common shares at 33 cents per share, for a period of 10 years. These incentive stock options have been granted in accordance with Midland's stock option plan. Considering the present grant, there are 7.06 million stock options outstanding. On January 29, 2025, Midland Exploration Inc. gave an overview of its exploration activities planned for 2025 in Quebec, including on its several projects in partnership for gold in the Abitibi belt, lithium in James Bay region, copper-nickel in the Nunavik, and copper-gold in the Labrador Trough. The exploration activities aim at following up on new showings made throughout 2024. In 2024, Midland continued to apply its business model as a “Project Generator” with the recent acquisition of several new high-quality properties and the formation of several new partnerships across Quebec. With a 2025 exploration budget of more than $14.5M ($2.5M Midland - $12.0M Partners), and nearly 15,000 metres of drilling, Midland will be very busy working to advance several projects in partnership with major companies such as BHP Canada Inc. (“BHP”), Rio Tinto Exploration Canada Inc. (“RTEC”), Barrick Gold Corporation (“Barrick”), Agnico Eagle Mines Limited (“Agnico Eagle”), SOQUEM Inc. (“SOQUEM”), Probe Gold Inc. (“Probe”), and Wallbridge Mining Company Ltd. (“Wallbridge”). On December 19, 2024, Midland Exploration Inc. announced that the company is in partnership with Rio Tinto Exploration Canada Inc. (“RTEC”), is pleased to announce the reception of the remaining assay results from the first drilling campaign for lithium on the Galinée project. The 2024 drilling campaign’s main objective was to test the Iceberg, White Stripes, Surge, Snow Fox, and White Lightning lithium showings (see press releases by Midland dated January 16, 2024, and October 24, 2024). This press release reports results from the last fifteen (15) drill holes of the 2024 campaign out of a total of twenty-eight (28). The Galinée project is located approximately 5 kilometers east of the Adina lithium deposit held by Winsome Resources (“Winsome”), is wholly owned by Midland, and is subject to an option agreement signed with RTEC in June 2023 (see press release by Midland dated June 14, 2023) and amended in April 2024 (see press release by Midland dated April 23, 2024). On December 17, 2024, Midland Exploration Inc. reported the private placement information: Financing type: non-brokered private placement Gross proceeds: $2,449,200 Offering: 6,123,000 flow-through listed shares Offering price: 40 cents per flow-through listed share December 10, 2024, Midland and Probe Gold Announce MMI (mobile metal ion) Soil Results on the Copper-Gold-Silver-Molybdenum Discovery, La Peltrie Project Highlights:
December 3, 2024, Midland Announces Closing of $2.6m Private Placement https://midlandexploration.com/en/2024/12/03/midland-announces-closing-of-2-6m-private-placement/ November 14, 2024, Midland Identifies Gold Potential on Its Wholly Owned Caniapisc Gold Project in James Bay October 30, 2024, Midland Identifies Copper-Gold-Molybdenum-Silver Occurrences on the Saruman Project October 24, 2024, Midland, in Partnership with RTEC, Intersects Several New Spodumene Pegmatites During the 2024 Drilling Program on the Galinée Project |
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