Midland and Rio Tinto Expand Lithium, Cesium and Gold Potential at Galinée Project

Midland Exploration ( (TSE:MD) ) has provided an update.

Midland Exploration, in partnership with Rio Tinto Exploration Canada, has reported strong lithium, cesium and gold intercepts from the 2025 drilling campaign at its Galinée project in Quebec, confirming laterally extensive lithium-bearing pegmatites south of the Iceberg Showing and new zones of high-grade cesium mineralization. The 23-hole program, guided by new high-resolution drone magnetic data, delivered lithium intercepts up to 1.14% Li2O over 30.6 metres (including 1.77% Li2O over 18.4 metres), cesium grades reaching 9.15% Cs2O over 6.4 metres, and the first meaningful gold intercepts along a key structural contact, while Rio Tinto has now completed all remaining cash payments under the option agreement, underscoring continued commitment to advancing this emerging critical minerals and gold target in a strategically important lithium district near Winsome’s Adina deposit.

The most recent analyst rating on (TSE:MD) stock is a Hold with a C$0.44 price target. To see the full list of analyst forecasts on Midland Exploration stock, see the TSE:MD Stock Forecast page.

Spark’s Take on TSE:MD Stock

According to Spark, TipRanks’ AI Analyst, TSE:MD is a Neutral.

Midland Exploration’s overall stock score is primarily impacted by its poor financial performance, characterized by significant losses and liquidity issues. Technical analysis provides some stability, but bearish momentum is a concern. The valuation is unattractive due to a negative P/E ratio and lack of dividend yield.

To see Spark’s full report on TSE:MD stock, click here.

More about Midland Exploration

Midland Exploration Inc. is a Montreal-based mineral exploration company listed on the TSX-V that focuses on discovering and advancing battery and precious metal deposits through partnerships with major mining groups. Its Galinée project in Quebec targets lithium-bearing pegmatites and associated critical minerals in proximity to Winsome Resources’ Adina lithium deposit, with Rio Tinto Exploration Canada as its key funding and operating partner under an option agreement.

Average Trading Volume: 58,670

Technical Sentiment Signal: Buy

Current Market Cap: C$50.5M

Learn more about MD stock on TipRanks’ Stock Analysis page.