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Midland Exploration ( (TSE:MD) ) has provided an update.
Midland Exploration Inc., in collaboration with SOQUEM Inc., has announced a significant discovery of new copper occurrences in the Labrador Trough, leading to the staking of 104 mining claims. This discovery, resulting from a 2024 reconnaissance program, revealed copper mineralization over a 3.7 km stretch, with samples showing copper grades up to 3.73%. The findings highlight the potential for economic copper deposits in the area, which could enhance Midland’s industry positioning and offer promising implications for stakeholders.
More about Midland Exploration
Midland Exploration Inc. operates in the mining industry, focusing on the exploration and development of mineral resources. The company primarily targets the discovery of economically viable mineral deposits, with a particular emphasis on copper exploration in strategic regions such as the Labrador Trough.
YTD Price Performance: 14.52%
Average Trading Volume: 50,657
Technical Sentiment Consensus Rating: Buy
Current Market Cap: C$33.23M
Find detailed analytics on MD stock on TipRanks’ Stock Analysis page.