Midland Exploration Reports FY24 Earnings: Key Projects & Operations

Midland Exploration Inc. reports FY24 earnings results, focusing on gold and critical mineral deposits. Operations include the Abitibi projects (Casault/Wallbridge, Fleuribleu, Gaudet-Fenelon/JV Probe Metals, and more) and James Bay projects (Eleonore Centre, Eleonore/JV Electric Elements, Elrond, and more). The company's Grenville Project includes Tete Nord/Rio Tinto (Ni-Cu). Employees 0.

Midland Exploration Inc. (TSX-V: MD), a prominent mineral exploration company based in Quebec, Canada, recently reported its financial earnings results for the fiscal year 2024. The company's focus on world-class gold and critical mineral deposits in one of the world's most prosperous mining regions has positioned it for significant growth and discovery [1].

During the fiscal year, Midland's operations spanned various projects across Quebec, including the Abitibi projects and James Bay projects. Notable projects within the Abitibi region include Casault/Wallbridge, Fleuribleu, Gaudet-Fenelon (joint venture with Probe Metals), and more [1]. Meanwhile, the James Bay projects encompass Eleonore Centre, Eleonore (joint venture with Electric Elements), Elrond, and others [1].

One of Midland's most significant projects, the Grenville Project, includes Tete Nord/Rio Tinto, which holds notable nickel-copper deposits [1]. The company's commitment to exploration and discovery has led to recent successes, such as the discovery of new gold-bearing zones on the Willbob Project in the Labrador Trough [2].

Midland's financial earnings results for FY24 were not disclosed in the provided information. However, the company did announce the completion of a non-brokered private placement in December 2024, raising a total of CAD 2.6 million [3].

In line with its commitment to sustainability, Midland recently received the UL 2723 ECOLOGO® Certification for Mineral Exploration Companies, which identifies, manages, and applies the best environmental, social, and economic practices [1].

As Midland continues to explore and develop its gold and critical mineral deposits in Quebec, investors can expect updates on its progress and discoveries.

References:
[1] Midland Exploration. (2024). Our Star Projects. Retrieved from https://midlandexploration.com/en/
[2] Midland Exploration. (2024). Latest news. Retrieved from https://midlandexploration.com/en/news
[3] MarketScreener. (2024). Midland Announces Closing of $2.6M Private Placement. Retrieved from https://www.marketscreen.com/quote/stock/MIDLAND-EXPLORATION-INC-6501143/news/Midland-Announces-Closing-of-2-6M-Private-Placement-48515712/