Midland, SOQUEM Explore Malaco Mountain
Analysis based on 7 articles · First reported Apr 01, 2026 · Last updated Apr 01, 2026
The announcement of a follow-up exploration campaign by Midland Exploration and SOQUEM on the Malaco Mountain project, following the discovery of high-grade Copper, Gold, and Rare-earth element mineralization, is likely to positively impact the stock price of Midland Exploration. This event signals potential for significant resource development, attracting investor interest in the mining and exploration industries.
Midland Exploration and SOQUEM Inc. announced a follow-up exploration campaign on the Malaco Mountain project in the Labrador Trough, Canada — Quebec. This comes after the discovery of a mineralized outcrop in 2025, yielding high grades of Copper (up to 31.60%), Gold (up to 6.92 g/t), and Rare-earth element (up to 1.77%). A 15-line kilometer induced polarization survey is planned for August 2026, accompanied by a ground prospecting campaign, to generate new exploration and drilling targets. The strategic alliance between Midland Exploration and SOQUEM, a subsidiary of Canada — Investissement Québec, has been confirmed for 2026 with a joint annual exploration budget of $1 million for the Malaco Mountain and Nachicapau projects. This ongoing exploration aims to discover new world-class deposits of gold and critical metals in Canada — Quebec.
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