BUSINESS

Midland Starts 3,500m Drilling at Willbob Gold Project

PUBLISHED Jul 8, 2026, 7:58 AM ET

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Montreal: Midland Exploration Inc. began a 24‑hole, 3,500‑metre drilling and prospecting campaign on the Willbob gold project in the Labrador Trough on July 8, 2026. Midland, listed TSX-V: MD, will target Ants, Ferricrete, Pump Pad Ridge, Canyon and Didgeridoo areas, two of which have never been drill-tested. The program follows Midland's April 22, 2025 Kan acquisition and prior 2025 channel results on the Didgeridoo zone. This month and into August 2026 the company plans to complete the 3,500‑metre program, with assays expected after laboratory processing and QA/QC. A July 3, 2025 channel returned 2.30 g/t Au over 8.95 m, including 3.56 g/t over 3.15 m; results will inform follow‑up drilling, resource assessment and any further field programs while regulatory and permitting compliance continues under Quebec and federal rules.

By Emily Rhodes | JQJO News

Timeline of Events

22nd April 2025: Midland announces acquisition of the Kan gold project.
3rd July 2025: Midland reports Didgeridoo channel sample (2.30 g/t Au over 8.95 m, incl. 3.56 g/t over 3.15 m).
8th July 2026: Midland issues GlobeNewswire notice beginning a 24-hole, 3,500 m drilling campaign on Willbob.
July–August 2026: Fieldwork scheduled across Ants, Ferricrete, Pump Pad Ridge, Canyon and Didgeridoo areas.
Post-drilling 2026: Laboratory assays, QA/QC and analysis to determine follow-up drilling and resource assessment.

News Intelligence

Midland's drilling at Willbob could impact gold prices. If they strike it rich, prices might drop. If they don't, prices could rise. Watch the gold market, especially if you're an investor or considering gold jewelry.

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Who Benefited

Midland Exploration Inc., its shareholders, and contracted exploration service providers stand to benefit from new discovery potential, increased resource estimates, and subsequent valuation upside if drilling yields positive assay results.

Who Impacted

Local ecosystems and nearby communities could experience short-term disruption from exploration activities; any environmental impacts would be subject to regulatory oversight and company mitigation measures during operations.

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