Midland Exploration ( (TSE:MD) ) has shared an update.
Midland Exploration Inc., in partnership with Rio Tinto Exploration Canada, is launching a second drilling campaign on the Galinée project to explore lithium deposits. The project, located near the Adina lithium deposit, involves a significant investment of 5.2 million CAD for the first phase of drilling in 2025. This campaign aims to build on previous successful drilling results from 2024, with plans to use both reverse circulation and diamond drilling techniques to explore new structural targets and extend known lithium-bearing zones. The initiative underscores Midland’s strategic efforts to enhance its position in the lithium exploration sector, potentially impacting its operational capabilities and stakeholder interests.
More about Midland Exploration
Midland Exploration Inc. is a company operating in the mineral exploration industry, focusing on the discovery and development of mineral resources. The company is primarily involved in exploring lithium deposits, with a market focus on expanding its lithium resource base through strategic partnerships and exploration projects.
YTD Price Performance: 6.45%
Average Trading Volume: 57,000
Technical Sentiment Consensus Rating: Buy
Current Market Cap: C$30.89M
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