Midland SOQUEM Malaco Mountain Exploration Campaign
Analysis based on 6 articles · First reported Aug 18, 2026 · Last updated Aug 18, 2026
The announcement is positive for Midland Exploration and SOQUEM, potentially boosting investor interest in the Malaco Mountain project. However, the impact is limited as it is an early-stage exploration update with no immediate production or revenue implications.
Midland Exploration Inc. and SOQUEM Inc. announced the start of a follow-up exploration campaign on the Malaco Mountain project in the Labrador Trough, Canada — Quebec. The campaign includes a 15-line kilometer induced polarization survey, prospecting, and soil sampling, targeting copper, gold, and rare earth element mineralization discovered in 2025. The 2025 program identified an outcrop with grades up to 31.60% Cu, 6.92 g/t Au, 32.4 g/t Ag, and 1.77% REE. The companies also confirmed the continuation of their strategic alliance with a joint annual exploration budget of $1 million for 2026.
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