Midland Exploration Inc. in joint venture with Probe Gold Inc. announced the results of MMI sampling in the vicinity of the large copper-gold-silver-molybdenum ("Cu-Au-Ag-Mo") discovery made in 2022 on the La Peltrie project. This significant mineralized system is located 15 kilometres southeast of Agnico Eagle's Zone 58N gold deposit and 25 kilometres west of the former Selbaie mine, which produced 56.9 Mt grading 0.87% Cu, 1.85% Zn, 39 g/t Ag, and 0.55 g/t Au (historical production). The La Peltrie project is now in joint venture with probe Gold Inc. ("Probe") since September 2024.

Highlights: 8 values above 10,000 ppb Cu, reaching up to 31,100 ppb Cu. 96 values above 2,000 ppb Cu and 15 values above 100 ppb Mo. MMI Cu values identify the main Cu-Au-Mo-Ag zone and extend westward.

The grid extends northward to cover the southern contact of the Carheil intrusion. This soil sampling grid successfully identified the main Cu-Au -Ag-Mo zone and also extended the latter westward. Anomalous MMI values to the north and northeast show a good correlation with existing Cu values in isolated prospecting samples collected in 2020 and 2023.

Several of these anomalous areas also correlate with the best IP anomalies from the survey conducted last March and have yet to be drill-tested. SRK Consulting performed a structural analysis of the high-resolution aeromagnetic survey conducted in 2020, and preliminary files were sent by SRK for review. To date, fault structures (1st, 2nd, 3rd, and 4th order) have been established from the data.

The objective of this structural analysis of the project is to improve the structural and geological understanding of the copper mineralized zone. Probe is well funded and controls a strategic land package of approximately 1,500 square kilometres of exploration ground within some of the most mineral gold belts in Quebec. The company was formed as a result of the $526 million sale of Probe Mines Limited to Goldcorp.

Aldorado Gold Corporation currently owns approximately 10% of the company.