Midland Exploration Inc. in partnership with Brunswick Exploration Inc. announce the construction of a winter road for a maiden drilling campaign, to begin in early March, on the Elrond project, located in the Eeyou Istchee-James Bay region. The Elrond Project comprises 136 claims and is roughly located 12 kilometres east of the Billy Diamond Highway and about 91 kilometres south-southeast of the town of Radisson. The Elrond project is currently wholly owned by Midland but is subject to an option agreement signed with Brunswick in November 2022.

The 2023 prospecting program successfully discovered the new spodumene-pegmatite Arwen Showing. The Arwen showing is exposed over an area of approximately 250 metres by 100 metres and is, potentially, shallowly dipping to the north. The Arwen showing includes a 75-by-15-metre zone visually containing up to 30% spodumene, where three selected grab samples returned between 1 and 3% Li2O.

A recent high-resolution airborne magnetic geophysical survey, completed in fall 2023 on the project, suggests that the Arwen showing is emplaced within a structural corridor that could be about 4 kilometres long by 0,5 kilometres wide. The drilling program will be ground supported via a winter trail due to its proximity to existing infrastructure, such as the Billy Diamond Highway at about 12 kilometres, and will aim to test the lateral and depth extensions of the Arwen showing.