Midland Exploration Inc.

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Midland Exploration is a dynamic and aggressive mineral exploration company focused on gold, PGE’s, base metals and REE mine discoveries in one of Canada’s richest mining provinces, Quebec.

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Midland Exploration Inc.

publicPublicGroup

Midland Exploration is a dynamic and aggressive mineral exploration company focused on gold, PGE’s, base metals and R......

people3 Members       (0)

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8020 Admin

6 days ago

8020 Admin posted a press release Midland Enters Strategic Alliance With SOQUEM in the Grenville and Regains 100% Interest in the Casault and Jouvex Projects in MIDLAND EXPLORATION INC.

MONTREAL, Feb. 27, 2020 (GLOBE NEWSWIRE) -- Midland Exploration Inc. (“Midland”) (TSX-V: MD) is pleased to announce a new strategic alliance with SOQUEM in the Grenville Province and an agreement to regain 100% interest in the Casault and Jouvex gold projects, previously in joint venture with SOQUEM. In exchange, Midland relinquishes 50% interest in its seven (7) properties grouped under the Gatineau Zinc project located in the Grenville Province, south of the town of Maniwaki, Quebec.


Strategic alliance in the Grenville


SOQUEM and Midland agree to enter into a joint venture agreement and a strategic alliance in the Grenville. SOQUEM and Midland will jointly implement a targeting approach to identify and assess the mineral resource potential and to acquire mining rights covering the best targets for base metals.


Projects acquired under the target generation program will be declared “Designated Projects” once the mining rights have been acquired. Each Designated Project will be the object of a distinct joint venture agreement, the terms of which will be similar to the joint venture agreements to be signed relating to the active properties.


A management committee composed of four members, two nominated by each party, will manage activities conducted under the target generation program for the duration of the agreement. The parties are not subject to budgetary obligations under the target generation program. The budget will be defined by the management committee. The target generation program will last for a period of 2 years, unless it is extended by mutual written consent of both parties.


SOQUEM will be project manager under the target generation program and for all joint ventures formed on Designated Projects; Midland may assign up to 30% of personnel.


Midland regains 100% interest in the Casault and Jouvex projects (the “Properties”)


Under the agreement, SOQUEM transfers to Midland its 50% interest in the Properties in exchange for:



  • A 1% NSR royalty; Midland may, at any time, buy back the royalty, in all or in part, by making a cash payment of $1,000,000 per tranche of 0.5% NSR; and
     

  • 50% undivided interest in a joint venture relating to seven (7) existing mining properties located in the La Vallée-de-la-Gatineau regional county municipality (“MRC”), wholly owned by Midland (the “Existing Properties”).


The Properties


The Casault project is located approximately 140 kilometres north of the town of La Sarre in Abitibi, Quebec. The property consists of 316 claims covering a surface area of approximately 174 square kilometres, about 40 kilometres east of the Detour Lake gold deposit. Gold is associated with quartz veining in altered mafic volcanic rocks with disseminated pyrite mineralization. Drill hole CAS-12-07 intersected 10.4 g/t Au over 1.45 m from 176.60 to 178.05 m (see press release dated April 26 2012) and drill hole CAS-15-53 intersected 6.9 g/t Au over 1.1 m in the same area between 395.00 and 396.10 m (see press release dated October 22 2015). A gold-bearing porphyry intrusion (QFP) was also recognized on the property in 2017 (Vortex zone). Drill hole CAS-17-96 yielded a grade of 1.38 g/t Au over 26.5 m in this zone between 155.80 and 182.00 m, including 7.9 g/t Au over 2.2 m from 179.80 to 182.00 m (see press release dated January 18 2018).  The property is well positioned less than 10 km of the Tabasco / Fenelon and Area 51 gold discoveries of Wallbridge. A new drilling program is currently in preparation.


The Jouvex property is located approximately 50 kilometres west of the town of Matagami in Abitibi, Quebec. The property consists of 248 claims covering a surface area of approximately 138 square kilometres. The property covers a 10-kilometre-long segment of the Casa Berardi fault zone that exhibits a regional flexure. Numerous gold-bearing drill intercepts are reported in sedimentary rocks and iron formations, in a setting similar to the Casa Berardi mine located 65 kilometres further west.


The Existing Properties


The Bouchette property is located east and southeast of the municipality of Messines, and 12 kilometres south of the town of Maniwaki in the La Vallée-de-la-Gatineau MRC. It consists of 31 map-designated cells totalling 1,843.48 ha. The property hosts the Bouchette prospect. Hole BO-94-03, drilled in 1994 (GM53111) had returned 3.3 % Zn over 9.6 m between 9.5 and 19.1 m.


The Leitch property is located 7 kilometres northeast of the municipality of Gracefield in the La Vallée-de-la-Gatineau MRC. It consists of 40 map-designated cells covering a surface area of 2,384.84 ha. The property encompasses the Leitch zinc prospect and the former Lafontaine zinc mine. Two channels completed on the Leitch surface showing had returned 24.1 % Zn over 3.0 metres and 32.4 % Zn over 2.0 metres (unpublished data). Another channel cut on the Lafontaine showing had returned 21.0 % Zn over 2.0 metres (unpublished data).


The Aumond property is located 3 kilometres east of the municipality of Aumond in the La Vallée-de-la-Gatineau MRC. It consists of 37 map-designated cells totalling 2,191.61 ha. An historical channel had yielded 6.08 % Zn over 0.8 metre (GM56261).


The Chute-Rouge property is located 7 kilometres west of the town of Grand-Remous in the La Vallée-de-la-Gatineau MRC. It consists of 50 map-designated cells covering a surface area of 2,955.45 ha.


The Blue Sea property is located 1.5 kilometres southeast of the municipality of Blue Sea in the La Vallée-de-la-Gatineau MRC. It consists of 3 map-designated cells totalling 169.53 ha.


The Bois Franc property is located 2.5 kilometres north of the town of Maniwaki and borders, to the east, the Egan-Sud and Bois-Franc municipalities in the La Vallée-de-la-Gatineau MRC. It consists of 71 claims covering a surface area of 4,127.67 ha.


The Zone A property is located 1.5 kilometres southeast of the municipality of Blue Sea in the La Vallée-de-la-Gatineau MRC. It consists of 27 map-designated cells covering a surface area of 1,610.04 ha.


Cautionary statements:


Mineralization occurring at the Detour Lake mine and on the Fenelon project/Tabasco/Area 51 is not necessarily representative of mineralization that may be found on the Casault property.


Note that the true thickness of reported drill and channel intervals cannot be determined with the information currently available.


About SOQUEM


SOQUEM, a subsidiary of Investissement Québec, is dedicated to promoting the exploration, discovery and development of mining properties in Quebec. SOQUEM also contributes to maintaining strong local economies. A proud partner and ambassador for the development of Quebec’s mineral wealth, SOQUEM relies on innovation, research and strategic minerals to be well-positioned for the future


About Midland


Midland targets the excellent mineral potential of Quebec to make the discovery of new world-class deposits of gold, platinum group elements and base metals. Midland is proud to count on reputable partners such as SOQUEM INC., BHP Billiton Canada Inc., Agnico Eagle Mines Limited, O3 Mining, Nunavik Mineral Exploration Fund, and Abcourt Mines Inc. Midland prefers to work in partnership and intends to quickly conclude additional agreements in regard to newly acquired properties. Management is currently reviewing other opportunities and projects to build up the Company portfolio and generate shareholder value.


This press release was prepared by Mario Masson. P.Geo., VP Exploration for Midland and Qualified Person as defined by NI 43-101, who also approved the technical content of this press release.


For further information, please consult Midland’s website or contact:


Gino Roger, President and Chief Executive Officer
Tel.: 450 420-5977
Fax: 450 420-5978
Email: info@midlandexploration.com


Website: https://www.midlandexploration.com/


Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.


This press release may contain forward-looking statements that are subject to known and unknown risks and uncertainties that could cause actual results to vary materially from targeted results. Such risks and uncertainties include those described in Midland’s periodic reports including the annual report or in the filings made by Midland from time to time with securities regulatory authorities.


Photos accompanying this announcement are available at:
https://www.globenewswire.com/NewsRoom/AttachmentNg/cb757bb9-a1fe-41a4-8415-659e2f283dd2


https://www.globenewswire.com/NewsRoom/AttachmentNg/62c48846-3583-4f02-bffe-9d05282a29ac 


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Figure 1



Casault & Jouvex Projects 100%



Figure 2



Midland-Soquem Alliance



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8020 Admin

13 days ago

8020 Admin posted a press release Midland Identifies New Targets on Maritime-Cadillac and Resumes Drilling in MIDLAND EXPLORATION INC.

MONTREAL, Feb. 20, 2020 (GLOBE NEWSWIRE) -- Midland Exploration Inc. ("Midland") (TSX-V: MD) is pleased to announce the commencement of a new drilling campaign on the Maritime-Cadillac property. The Maritime-Cadillac property is in joint venture between Agnico Eagle Mines Limited (51%) ("Agnico Eagle") and Midland (49%), located along the Cadillac Break.


This new drilling program will include a drill hole totalling 850 metres in length, designed to test the down-plunge extension of the Dyke East zone at a vertical depth of 600 metres.


Another hole, totalling 400 metres in length, will be drilled to test two parallel gold-bearing zones (the South and North zones), previously intersected in a drill hole south of the Maritime-Cadillac zone, in a historically underexplored area. A second phase of drilling totalling 400 metres has been planned contingent on the results of the first phase.


This drilling campaign totalling 1,650 metres is set to begin in the coming weeks.


Dyke East zone


The proposed drilling program for the Dyke East zone includes an 800-metre-long drill hole targeting the depth extension (at 600 metres vertical depth) down-plunge from a few historical drill holes that yielded gold-bearing intervals over significant widths. Drill hole 141-10-23 yielded a grade of 1.7 g/t Au over 37.85 metres, from 311.25 to 349.10 metres depth, including 12.6 g/t Au over 1.5 metre, from 329.0 to 330.5 metres depth. In addition, drill hole 141-11-31, testing more than 100 metres below hole 141-10-23, intersected an interval grading 1.7 g/t Au over 46.4 metres, from 399.0 to 445.4 metres depth, including 21.0 g/t Au over 1.2 metres, from 412.8 to 414.0 metres depth (see press releases by Midland dated May 27, 2010 and July 19, 2011).


Note that the Dyke East zone is characterized by a felsic dyke swarm hosted in schists of the Piché Group.


Area south of the Maritime-Cadillac zone


A 400-metre-long drill hole is proposed to test a significant gap located between the Maritime-Cadillac zone and an area previously drill-tested by Agnico Eagle in 2006-2007 in the south part of the property, where gold-bearing intervals grading 9.4 g/t Au over 1.1 metre and 8.4 g/t Au over 1.1 metre (true thicknesses) were reported.


The target area is located approximately 400 metres south of the Maritime-Cadillac zone and is proximal to a structural feature (fold nose). The drill hole is designed to test two known zones (the South and North zones) at vertical depths of 100 and 200 metres respectively.


Cautionary statement:


The true thickness of drill intercepts reported in this press release cannot be determined with the information currently available; intervals are therefore reported in core length.


About Midland


Midland targets the excellent mineral potential of Quebec to make the discovery of new world-class deposits of gold, platinum group elements and base metals. Midland is proud to count on reputable partners such as Agnico Eagle Mines Limited, BHP Billiton Canada Inc., SOQUEM INC., O3 Mining, Nunavik Mineral Exploration Fund, and Abcourt Mines Inc. Midland prefers to work in partnership and intends to quickly conclude additional agreements in regard to newly acquired properties. Management is currently reviewing other opportunities and projects to build up Midland's portfolio and generate shareholder value.


This press release was prepared by Mario Masson. P.Geo., VP Exploration for Midland and a Qualified Person as defined by NI 43-101, who also approved the technical content of this press release.


For further information, please consult Midland's website or contact:


Gino Roger, President and Chief Executive Officer
Tel.: 450 420-5977
Fax: 450 420-5978
Email: info@midlandexploration.com
Website: https://www.midlandexploration.com/


Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.


This press release may contain forward-looking statements that are subject to known and unknown risks and uncertainties that could cause actual results to vary materially from targeted results. Such risks and uncertainties include those described in Midland's periodic reports including the annual report or in the filings made by Midland from time to time with securities regulatory authorities.


Photos accompanying this announcement are available at: 


https://www.globenewswire.com/NewsRoom/AttachmentNg/28fa8d87-57ea-44b0-81f7-eb00e4dc6d9f


https://www.globenewswire.com/NewsRoom/AttachmentNg/eec8bb17-a4f7-4902-a451-2b0e4eea1aa3


https://www.globenewswire.com/NewsRoom/AttachmentNg/a89ad675-a3c5-4439-b847-ed0eff4599db


https://www.globenewswire.com/NewsRoom/AttachmentNg/7fb1d493-7fad-49dd-ad8b-42fd536d0c7d


Primary Logo



Figure 1



Longitudinal Section Cadillac Break



Figure 2



Maritime-Cadillac Geology



Figure 3



Dyke East Zone Longitudinal Section



Figure 4



Southern Portion Longitudinal Section



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8020 Admin

19 days ago

8020 Admin posted a press release Midland Exploration Announces the Grant of Options in MIDLAND EXPLORATION INC.


MONTREAL, Feb. 14, 2020 (GLOBE NEWSWIRE) -- Midland Exploration Inc. (“Midland”) (TSX-V: MD) announces that it has granted incentive stock options to employees, directors, officers and consultants of Midland to acquire an aggregate of 620,000 common shares at $0.72 per share, for a period of 10 years. These incentive stock options have been granted in accordance with Midland’s Stock Option Plan.


About Midland


Midland targets the excellent mineral potential of Quebec to make the discovery of new world-class deposits of gold, platinum group elements and base metals. Midland is proud to count on reputable partners such as BHP Billiton Canada Inc., Agnico Eagle Mines Limited, Osisko Mining Inc., SOQUEM INC., Nunavik Mineral Exploration Fund, and Abcourt Mines Inc. Midland prefers to work in partnership and intends to quickly conclude additional agreements in regard to newly acquired properties. Management is currently reviewing other opportunities and projects to build up the Company portfolio and generate shareholder value.


For further information, please consult Midland’s website or contact:


Gino Roger, President and Chief Executive Officer
Tel: 450 420-5977
Fax: 450 420-5978
E-mail: info@midlandexploration.com


Website: www.midlandexploration.com


Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.


This press release may contain forward-looking statements that are subject to known and unknown risks and uncertainties that could cause actual results to vary materially from targeted results. Such risks and uncertainties include those described in Midland's periodic reports including the annual report or in the filings made by Midland from time to time with securities regulatory authorities.


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8020 Admin

1 month ago

8020 Admin posted a press release Midland Identifies New High-Priority Geophysical Target on Samson and Expands Strategic Position East of Wallbridge's Fenelon Project in MIDLAND EXPLORATION INC.

MONTREAL, Jan. 28, 2020 (GLOBE NEWSWIRE) -- Midland Exploration Inc. (“Midland”) (TSX-V: MD) is pleased to report that the ground-based induced polarization (“IP”) geophysical survey recently completed on the Samson property has led to the identification of a new high-priority target along an interpreted subsidiary located south of the Lower Detour Fault. The Samson property is wholly owned by Midland and is located approximately 15 kilometres southeast of the Fenelon deposit and the recent Area 51 discovery, both held by Wallbridge Mining Company (“Wallbridge”).


In addition, Midland is pleased to announce the acquisition, by map designation, of 102 new claims held 100% by Midland, adjacent to the north of the Fleuribleu property initially acquired in November 2019 and located along the Sunday Lake Fault, approximately 40 kilometres east of the Fenelon deposit and Area 51 discovery.


New high-priority target south of the Lower Detour Fault


Last December, an IP survey was conducted in the east part of the Samson property to investigate a folded magnetic structure interpreted as being located along a subsidiary fault to the south and proximal to the Lower Detour Fault. This folded structure was initially identified during a high-resolution helicopter-borne magnetic survey conducted in the winter of 2016.


The IP survey, totalling approximately 9.5 line kilometres, consisted in four (4) lines trending north-south and 1.5 km long, spaced 400 metres apart, and two (2) additional lines trending east-west and 1.75 km long, spaced 200 metres apart. This survey configuration was set up to test the presence of chargeability anomalies near the nose of the folded magnetic structure.


The results of the IP survey show two subparallel axes with weak chargeability highs, as well as an area some 400 metres in diameter, where chargeability values are markedly higher, located directly in the nose of the folded magnetic structure. These encouraging IP results highlight an area already considered favourable from a structural standpoint as a result of the high-resolution magnetic survey interpretation, which identified this area as a possible drag fold located along a subsidiary structure to the south of the regional Lower Detour Fault.


Midland consolidates its strategic position in the Detour Belt


The 102 new map-designated claims acquired in December consolidate the Fleuribleu property initially acquired in November 2019 (see press release by Midland dated November 27, 2019). The Fleuribleu property now totals 196 claims (109 km2) and covers, over a strike length of more than 15 kilometres, the interpreted eastward extension of the Sunday Lake Fault, approximately 40 kilometres east of the new Wallbridge discovery. Last October, Wallbridge reported drill results from its Fenelon property (Tabasco zone), with grades reaching 27.0 g/t Au over 38.39 metres, 20.89 g/t Au over 8.54 metres, and 17.58 g/t Au over 11.04 metres (see press release by Wallbridge dated October 21, 2019).


Midland also acquired 36 new claims to consolidate the Samson property south of Lac Grasset.


Since 2009, Midland has been one of the most aggressive mineral exploration companies to take a strategic position in the Detour Lake belt and has built an impressive portfolio of seven (7) high-quality gold properties now totalling 1,458 claims (810 km2). These positions now allow control of the major structures of Sunday Lake and Lower Detour, or their subsidiary faults, over a combined total distance of more than 85 kilometers in the lateral extensions of the Detour Lake mine * and recent gold discoveries from Zone 58N*, Area 51-Fenelon* and Martiniere/Bug Lake* (*please refer to note at the end of this press release).


* Mines and deposits located near Midland projects in the Detour belt


Detour Lake mine ( Owned by Detour Gold Corp. – Information from Detour Gold Website ): The Detour Lake open pit mine hosts 13.17 million ounces of gold (“oz Au”) in proven and probable mineral reserves, consisting in 414.9 million tonnes grading 0.99 g/t Au (as at December 31, 2018).


Zone 58N (Owned by Detour Gold – Information from Detour Gold Website): This deposit hosts 2.87 million tonnes in indicated resources at a grade of 5.8 g/t Au (534 300 oz Au) and 0.97 million tonnes in inferred resources at a grade of 4.35 g/t Au (136 100 oz Au).


Fenelon (Owned by Wallbridge Mining Company Ltd. – Information from Wallbridge Website): 2018-2019 bulk sampling: 33,233 tonnes at 18.49 g/t Au.


Martiniere/Bug Lake (Owned by Balmoral Resources  Ltd. – Information from Balmoral Website): This deposit hosts pit-constrained indicated resources totalling 6,827,000 tonnes at a grade of 1.96 g/t Au (431,000 oz Au) and underground indicated resources totalling 1,092,000 tonnes at a grade of 4.54 g/t Au (159,000 oz Au).


Cautionary statement:


Mineralization occurring at the mines and deposits listed above is not necessarily representative of mineralization that may be found on projects held by Midland described herein.


About Midland


Midland targets the excellent mineral potential of Quebec to make the discovery of new world-class deposits of gold, platinum group elements and base metals. Midland is proud to count on reputable partners such as BHP Billiton Canada Inc., Agnico Eagle Mines Limited, Osisko Mining Inc., SOQUEM INC., Nunavik Mineral Exploration Fund, and Abcourt Mines Inc. Midland prefers to work in partnership and intends to quickly conclude additional agreements in regard to newly acquired properties. Management is currently reviewing other opportunities and projects to build up the Company portfolio and generate shareholder value.


This press release was prepared by Mario Masson. P.Geo., VP Exploration for Midland and Qualified Person as defined by NI 43-101, who also approved the technical content of this press release.


For further information, please consult Midland’s website or contact:


Gino Roger, President and Chief Executive Officer
Tel.: 450 420-5977
Fax: 450 420-5978
Email: info@midlandexploration.com


Website: www.midlandexploration.com


Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.


This press release may contain forward-looking statements that are subject to known and unknown risks and uncertainties that could cause actual results to vary materially from targeted results. Such risks and uncertainties include those described in Midland’s periodic reports including the annual report or in the filings made by Midland from time to time with securities regulatory authorities.


Photos accompanying this announcement are available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/1c1a58d3-656d-4ff0-b37d-e16392c71672
https://www.globenewswire.com/NewsRoom/AttachmentNg/00679387-749e-4390-a5db-b663f5c71686
https://www.globenewswire.com/NewsRoom/AttachmentNg/1e20df25-2123-4211-bb9d-a1e162cc6cd3
https://www.globenewswire.com/NewsRoom/AttachmentNg/e014682c-cc1c-43a1-8abd-9b706c9ca34a
https://www.globenewswire.com/NewsRoom/AttachmentNg/9ceb0ea6-6e58-403e-91c5-9860e2f21523
https://www.globenewswire.com/NewsRoom/AttachmentNg/01d13c5e-552d-49e5-a8c1-67cc43093500


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Figure 1



New acquisitions Detour Trend



Figure 2



Samson property regional mag



Figure 3



Samson Mag HR 2016



Figure 4



Samson IP chargeability



Figure 5



Samson target Mag-IP



Figure 6



IP Section Line 1000E



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8020 Admin

2 months ago

8020 Admin posted a press release Midland Acquires Strategic Position Near Azimut's Patwon Gold Discovery in MIDLAND EXPLORATION INC.

MONTREAL, Jan. 16, 2020 (GLOBE NEWSWIRE) -- Midland Exploration Inc. (“Midland”) (TSX-V: MD) is pleased to announce the acquisition, by map designation, of 100% interest in a new project with strong gold potential totalling 383 claims (199 km2), located near the recent Patwon gold discovery made by Azimut Exploration Inc. (“Azimut”) on its Elmer project (Eeyou Istchee James Bay, Quebec). This new project acquired by Midland is named “Komo”. The western part of the project lies approximately 7 kilometres south of the Azimut discovery.


The Komo project covers, over nearly 40 kilometres, the same volcanic belt that hosts the Patwon discovery. Azimut recently announced several significant gold-bearing drill intercepts on Patwon, namely 3.15 g/t Au over 102.0 metres, including 10.1 g/t Au over 20.5 metres (press release by Azimut dated January 14, 2020).


Midland’s new Komo project also covers, over approximately 30 kilometres, the highly prospective contact between the La Grande and Opinaca/Nemiscau geological subprovinces. This contact hosts most of the known gold deposits in the James Bay region, namely the Eleonore mine (Newmont) and the La Pointe and Cheechoo deposits. The portion of the project located nearest the Patwon discovery shows a structural setting highly favourable for gold, with a folded gabbro unit located in the pressure shadow of a large-scale intrusion. A historical molybdenum-copper occurrence on the project also indicates potential for porphyry-type mineralization on Komo.


The project will be the focus of a geological compilation during the next few weeks prior to defining an exploration program for the coming year.


Cautionary statement:


Mineralization occurring at the mines and deposits listed above is not necessarily representative of mineralization that may be found on the Komo project held by Midland described herein. Claims are currently under processing at the Quebec Ministry of Energy and Natural resources; they will be recorded soon under 100% Midland.


About Midland


Midland targets the excellent mineral potential of Quebec to make the discovery of new world-class deposits of gold, platinum group elements and base metals. Midland is proud to count on reputable partners such as BHP Billiton Canada Inc., Agnico Eagle Mines Limited, Osisko Mining Inc., SOQUEM INC., Nunavik Mineral Exploration Fund, and Abcourt Mines Inc. Midland prefers to work in partnership and intends to quickly conclude additional agreements in regard to newly acquired properties. Management is currently reviewing other opportunities and projects to build up the Company portfolio and generate shareholder value.


This press release was prepared by Sylvain Trépanier, P.Geo., VP Exploration James Bay and Northern Quebec for Midland and Qualified Person as defined by NI 43-101, who also approved the technical content of this press release.


For further information, please consult Midland’s website or contact:


Gino Roger, President and Chief Executive Officer
Tel.: 450 420-5977
Fax: 450 420-5978
Email: info@midlandexploration.com


Website: https://www.midlandexploration.com/


Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.


This press release may contain forward-looking statements that are subject to known and unknown risks and uncertainties that could cause actual results to vary materially from targeted results. Such risks and uncertainties include those described in Midland’s periodic reports including the annual report or in the filings made by Midland from time to time with securities regulatory authorities.


Two photos accompanying this announcement are available at

https://www.globenewswire.com/NewsRoom/AttachmentNg/cc5fdf11-2666-402b-82d0-c482ed423424


https://www.globenewswire.com/NewsRoom/AttachmentNg/1cafd63e-96ec-460f-98a6-0a91771d2891


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Midland Projects in the James Bay/Eeyou Istchee region



Midland Projects in the James Bay/Eeyou Istchee region



New Komo Project and Azimut Patwon Discovery



New Komo Project and Azimut Patwon Discovery



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8020 Admin

3 months ago

8020 Admin posted a press release Midland Resumes Exploration on its Mythril Cu-Au-Mo-Ag Project in MIDLAND EXPLORATION INC.

MONTREAL, Dec. 18, 2019 (GLOBE NEWSWIRE) -- Midland Exploration Inc. (“Midland”) (TSX-V: MD) is pleased to report that exploration will resume in the next few weeks on its wholly owned (100% Midland) Mythril and Mythril regional projects.


The winter exploration campaign will include induced polarization (“IP”) geophysical surveys over copper-gold-molybdenum-silver and gold-only boulder fields found in 2019 northeast and north of the main Mythril showings. IP surveys totalling 153 kilometres will also be done on other copper-gold-molybdenum-silver showings and boulder fields found in 2019 on claim blocks located around the main Mythril block (“Mythril regional project”).


In addition, a 3D model of the 2019 exploration (including drilling) on Mythril will be constructed. These coming surveys and models will be used to define the next drilling targets for an upcoming winter/spring drilling campaign on the Mythril and Mythril regional projects.


2019 Prospection highlights on the Mythril project


Several new mineralized boulder fields were found in 2019, located several kilometers north and northeast of the previously known Mythril showings. These new highly prospective areas will be covered by an extensive IP geophysical survey (dipole-dipole) in the coming weeks, to define targets for a winter drilling campaign. Note that grab samples are selective by nature and values returned are not representative of mineralized zones.



  • Boulder fields 5 km northeast of the main Mythril showings: forty-eight (48) boulders spread over 1.2 km long by 200 m wide. Average of 0.78 % Cu, 0.56 g/t Au, 0.07 % Mo and 6.73 g/t Ag (1.49 % CuEq.*) (grab samples), and up to: 8.6 % Cu, 10.4 g/t Au and 25.6 g/t Ag (15.43 % CuEq.*) (Sample: #410279) and 0.83 % Mo (Sample: #410288) (grab samples); results published on September 5, 2019.


  • Two (2) boulder fields bornite dominated (twenty-one (21) boulders), 2 kilometers north of Mythril. Average of 0.66 % Cu, 0.36 g/t Au, 6.14 g/t Ag (0.95 % CuEq.*) (grab samples), with values up to: 2.09 % Cu (Sample: #410575) and 1.52 g/t Au (Sample: #410574); results published on September 5, 2019.


  • Gold-bearing boulders found in the northeastern part of the Mythril project (2.84 g/t Au; 2.83 g/t Au; 0.59 g/t Au; grab samples) combined with low copper (<0.15% Cu) and molybdenum (<0.01% Mo) values. Mineralization consists of pyrite (up to 1%), magnetite and trace chalcopyrite in a granodiorite with biotite alteration. This is the first occurrence of predominantly gold mineralization on Mythril. Areas to the north, east and west of these boulders remain unexplored. Results were published on November 7, 2019.


  • Ten (10) new granodiorite boulders with Cu-Au-Mo-Ag mineralization also discovered south the previous gold-rich ones. These boulders yielded average grades of 0.32% Cu, 0.38 g/t Au, 0.04% Mo and 4.7 g/t Ag (0.77 % CuEq.*) (grab samples). The boulders are much more gold-rich compared to other mineral occurrences on the Mythril project. These observations suggest a systematic increase in gold versus copper content to the east and north of the project. This type of multi-kilometre-scale variation is typical of large-scale hydrothermal system. Results were published on November 7, 2019.


2019 Prospection highlights on the Mythril regional project


Several new Cu-Au-Mo-Ag showings and boulder fields were also found in 2019 on the Mythril regional project, which consists in several claim blocks located north, east and southeast of the main Mythril project. All results below were published on October 31, 2019. These new discoveries combined with the Mythril occurrences highlight a previously unrecognized Cu-Au-Mo-Ag domain in the Eastern James Bay area. Induced polarization (IP) surveys performed in the coming weeks will cover the areas surrounding the Tornado showing, the Faramir/Boromir showing and boulder fields, and the Chisaayuu showing.



  • New Tornado Au-Cu-Mo showing, with values up to 4.7 g/t Au and 0.39 % Cu in grab samples; mineralized float yielding 3.13 g/t Au and 0.35 % Cu in a grab sample in the same area (Tilly south claim block, Pasithee area).


  • New Faramir showing yielding up to 0.34 % Cu in grab samples, and the Boromir float field containing twenty-two (22) mineralized floats yielding an average of 0.12 % Cu (grab samples; Tilly south claim block, western area). The showing and the floats occur as dense stockworks of quartz, chlorite, ankerite, epidote veins, in very strongly altered granitoids. New Mo-bearing showing and floats northeast of Faramir: up to 1.72 % Mo (grab sample from a locally sourced float).


  • New Cu-Mo-Au showing on the Chisaayuu block: nine (9) grab samples of mineralized granodiorite yielding average grades of 0.11 % Cu, 0.01 % Mo and 0.2 g/t Au, with values reaching up to 0.7 g/t Au and 0.22 % Cu (sample A0350715), and 0.03% Mo (sample A0350714). Approximately 800 metres southwest of the showing, a grab sample from a boulder of diorite graded 0.75 g/t Au, 0.11 % Cu, 0.06 % Mo, 9.9 g/t Ag and 0.38% Zn.


  • New Mo-Au-Cu showing on the new Corvette claim block: up to 3.84 g/t Au and 0.45 % Mo (grab sample, locally sourced float); up to 1.79 % Mo (grab sample from an outcrop)


2019 Drilling on the Mythril project


The best results from 2019 drilling on Mythril (Phases 1 to 3) are summarized below. Note that the true thickness of reported drill intervals cannot be determined with the information currently available.



  • Phase 1 (published on May 16, 2019) : MYT-19-06: 1.07 % Cu, 0.37 g/t Au, 8.87 g/t Ag (1.41 % CuEq.*) over 12.55 meters.


  • Phase 2a (published on July 30, 2019) : MYT-19-11 (1300E): 1.34 % Cu, 0.69 g/t Au, 0.04 % Mo and 9.54 g/t Ag (2.04 % CuEq.*) over 9.00 meters.


  • Phase 2b (published on September 5, 2019) : MYT-19-24 (200E): 1.61 % Cu, 0.09 g/t Au, 0.01 % Mo and 6.7 g/t Ag (1.77 % CuEq.*) over 3.12 meters.


  • Phase 3 (published on November 5, 2019) : MYT-19-33 (1200E) : 0.11 % Cu, 0.06 g/t Au and 2.7 g/t Ag (0.19 % CuEq.*) on 93.1 meters.


*Metal prices used to calculate CuEq.*: Au $1,285/oz, Cu $2.77/lb, Ag $15/oz, Mo $10.90/lb. Recoveries of 100% of all metals are assumed.


Quality control


Exploration program design and interpretation of results are performed by qualified persons employing a Quality Assurance/Quality Control program consistent with industry best practices, including the use of standards and blanks with every 20 samples. Rock samples on the project are assayed for gold by standard 30-gram fire-assaying with inductively coupled plasma atomic emission spectroscopy (ICP-AES; Au-ICP21) or gravimetric finish (Au-GRA21) at ALS Minerals laboratories in Vancouver, British Columbia. All samples are also analyzed for multi-elements using the four-acid ICP–AES method (ME-ICP61), also at ALS Minerals laboratories in Vancouver, British Columbia. Samples that exceed 1% copper, zinc, molybdenum or nickel are reanalyzed by four-acid ICP-AES optimized for high grades.


About Midland


Midland targets the excellent mineral potential of Quebec to make the discovery of new world-class deposits of gold, platinum group elements and base metals. Midland is proud to count on reputable partners such as BHP Billiton Canada Inc., Agnico Eagle Mines Limited, Osisko Mining Inc., SOQUEM INC., Nunavik Mineral Exploration Fund, and Abcourt Mines Inc. Midland prefers to work in partnership and intends to quickly conclude additional agreements in regard to newly acquired properties. Management is currently reviewing other opportunities and projects to build up the Company portfolio and generate shareholder value.


This press release was prepared by Sylvain Trépanier, P.Geo., VP Exploration James Bay and Northern Quebec for Midland and Qualified Person as defined by NI 43-101, who also approved the technical content of this press release.


For further information, please consult Midland’s website or contact:


Gino Roger, President and Chief Executive Officer
Tel.: 450 420-5977
Fax: 450 420-5978
Email: info@midlandexploration.com


Website: www.midlandexploration.com


Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.


This press release may contain forward-looking statements that are subject to known and unknown risks and uncertainties that could cause actual results to vary materially from targeted results. Such risks and uncertainties include those described in Midland’s periodic reports including the annual report or in the filings made by Midland from time to time with securities regulatory authorities.


Figures accompanying this announcement are available at


https://www.globenewswire.com/NewsRoom/AttachmentNg/3d7a6391-bcf9-4da1-8511-c842be9af8ab


https://www.globenewswire.com/NewsRoom/AttachmentNg/623a42de-d8c3-4612-8811-2317e257237e


https://www.globenewswire.com/NewsRoom/AttachmentNg/a97dfb03-e6de-4c8a-a824-7f72e290ade8


https://www.globenewswire.com/NewsRoom/AttachmentNg/8b3612ec-0689-4ce8-91e7-96a23e8ac79d


https://www.globenewswire.com/NewsRoom/AttachmentNg/18f9659b-5227-4db9-abf3-1cb49d877eb3


https://www.globenewswire.com/NewsRoom/AttachmentNg/66528910-934a-42c7-b9fe-7afd7d549222


https://www.globenewswire.com/NewsRoom/AttachmentNg/33956ceb-e272-40ce-aab0-7232f1d5d97d


https://www.globenewswire.com/NewsRoom/AttachmentNg/bea977c4-73fb-4bd1-8413-132275bf1149


Primary Logo



Figure 1



Mythril discovery location



Figure 2



Mythril and Mythril Regional projects



Figure 3



Mythril 2019 New outcrops and floats



Figure 4



Mythril Winter 2020 IP Surveys



Figure 5



Mythril DDH 2019 Best results



Figure 6



Mythril Regional New 2019 showings



Figure 7



Tilly South IP Winter 2020



Figure 8



Chisaayuu IP Winter 2020



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8020 Admin

3 months ago

8020 Admin posted a press release Midland Expands Its Strategic Position in the Detour Lake Belt Near Wallbridge's Area 51 Discovery in MIDLAND EXPLORATION INC.

MONTREAL, Nov. 27, 2019 (GLOBE NEWSWIRE) -- Midland Exploration Inc. (“Midland”) (TSX-V: MD) is pleased to announce the acquisition, by map designation, of 100% interest in three (3) new properties with strong gold potential, totalling 205 claims (110 km2) and located near the major Sunday Lake and Lower Detour deformation zones as well as the recent Area 51 discovery made by Wallbridge Mining Company Limited (“Wallbridge”) west of the Fenelon deposit.


These new acquisitions, named Jeremie, Gaudet and Fleuribleu, complement the properties already held by Midland in the area, namely Casault JV, La Peltrie, Adam and Samson, such that Midland now controls a combined total strike length of more than 85 kilometres along the major Sunday Lake and Lower Detour deformation zones and their subsidiary structures.


Since 2009, Midland has been one of the most aggressive mineral exploration companies to take a strategic position in the Detour Lake belt and has built an impressive portfolio of seven (7) high-quality gold properties now totalling 1,320 claims (730 km2) along the lateral extensions of the Detour Lake mine* and recent gold discoveries in Zone 58N*, Area 51-Fenelon* and Martiniere/Bug Lake* (*please refer to note at the end of this press release). 


On November 25th 2019,  Kirkland Lake Gold Ltd. announced the acquisition of Detour Gold Corp. who operates the Detour Lake mine in Ontario along the Sunday Lake fault, for an amount of approximately C$4.9 billion (see Detour Gold Corp. press release dated November 25 2019). In 2017, Midland and SOQUEM discovered the Vortex zone along the Sunday Lake fault at about 35 kilometres east of the Detour Lake mine. The Vortex zone is a significant gold-bearing system associated with alkaline intrusions (see Midland Exploration Inc. press release dated January 17 2018).








  Vortex 450 zone – Midland  (best results – previously disclosed results)


  • 1.38 g/t Au over 26.5 m, incl. 7.87 g/t Au over 2.2 m, incl. 14.55 g/t Au over 0.8 m (CAS-17-96)

  • 1.30 g/t Au over 23.5 m, incl. 3.46 g/t Au over 6.0 m, incl. 23.6 g/t Au over 0.5 m (CAS-17-95)


Cautionary statement:


The true thickness of reported drill intercepts cannot be determined with the information currently available.


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8020 Admin

4 months ago

8020 Admin posted a press release Midland Discovers New Gold-Rich Boulders Northeast of Mythril and Continues to Intersect New Cu-Au-Mo-Ag Mineralization in Drill Hole in MIDLAND EXPLORATION INC.

MONTREAL, Nov. 07, 2019 (GLOBE NEWSWIRE) -- Midland Exploration Inc. (“Midland”) (TSX-V: MD) is pleased to report the discovery, by prospecting, of new gold-rich granodiorite boulders (float) in the northeast part of its Mythril project. These boulders are characterized by high gold grades (between 0.59 g/t Au and 2.83 g/t Au) combined with relatively low copper values (<0.15% Cu). This is a new type of mineralization on the project and suggests a previously unsuspected potential for gold-dominated mineralization on Mythril. New Cu-Au-Mo-Ag zones were also intersected during the phase III drilling program in the main Mythril area.


Discovery of new gold-rich boulders northeast of Mythril


During the prospecting campaign conducted in September, several new mineralized boulders and one showing were discovered in the northeast part of the Mythril claim block. The latter are located approximately 6.5 kilometres northeast of the main Mythril area and 2 kilometres north of the Cu-Au-Mo-Ag float fields discovered in August (see press release dated September 5, 2019).


The three northernmost boulders are scattered over a distance of 150 metres and are characterized by high gold grades (2.84 g/t Au; 2.83 g/t Au; 0.59 g/t Au; grab samples) combined with low copper (<0.15% Cu) and molybdenum (<0.01% Mo) values. Mineralization consists of pyrite (up to 1%), magnetite and trace chalcopyrite in a granodiorite with biotite alteration. This is the first occurrence of predominantly gold mineralization on Mythril. Areas to the north, east and west of these boulders remain unexplored.


Ten (10) new granodiorite boulders with Cu-Au-Mo-Ag mineralization were also discovered further south. These boulders yielded average grades of 0.32% Cu, 0.38 g/t Au, 0.04% Mo and 4.7 g/t Ag (grab samples). A showing with grades of 0.48% Cu, 0.93 g/t Au and 15.9 g/t Ag was also discovered in the vicinity. The boulders and the showing are also relatively gold-rich compared to other mineral occurrences on the Mythril project. These observations suggest a systematic increase in gold versus copper content to the east and north of the project. This type of multi-kilometre-scale variation is typical of large-scale hydrothermal systems.


Final results of phase III drilling on Mythril (MYT-19-027 to MYT-19-036, MYT-19-014-EXT)


Drill hole MYT-19-33 tested the depth extension, to the west, of mineralization intersected in drill holes MYT-19-006 (1.41% CuEq.* over 12.55 metres) and MYT-19-011 (2.04% CuEq.* over 9.0 metres). The drill hole intersected seven (7) higher-grade mineralized zones from 168.0 to 261.1 metres, forming an envelope grading 0.11% Cu, 0.06 g/t Au and 2.7 g/t Ag (0.19% CuEq.*) over 93.1 metres, including 0.24% Cu, 0.22 g/t Au and 10.1 g/t Ag (0.47% CuEq.*) over 21.29 metres (223.62-244.91 metres). One of these zones is particularly enriched in precious metals, with grades of 5.43% Cu, 8.78 g/t Au and 400 g/t Ag (14.52% CuEq.*) over 0.51 metre (234.69-235.2 metres). It is characterized by a quartz-bornite vein with disseminated chalcopyrite in the granodioritic country rock. Another zone also graded 1.28% Cu, 0.09 g/t Au, 0.02% Mo and 5.5 g/t Ag (1.45% CuEq.*) over 1.4 metres, from 259.7 to 261.1 metres.


Drill hole MYT-19-029 tested the western extension of mineralization encountered in drill hole MYT-19-006. The hole intersected three high-grade mineralized intervals. The most significant graded 0.91% Cu, 0.21 g/t Au, 0.01% Mo and 6.5 g/t Ag (1.14% CuEq.*) over 3.98 metres (146.69-150.67 metres), whereas the other two yielded values of 1.28% Cu, 0.21 g/t Au, 0.15% Mo and 12.4 g/t Ag (2.11% CuEq.*) over 0.53 metre (178.3-178.83 metres), and 1.18% Cu, 0.13 g/t Au, 0.05 % Mo and 6.6 g/t Ag (1.50% CuEq.*) over 0.61 metre (224.69-225.3 metres).


Drill hole MYT-19-028 tested the depth extension of mineralization intersected in drill hole MYT-19-012 (2.83% CuEq.* over 3.05 metres). It intersected a mineralized zone grading 0.56% Cu, 0.12 g/t Au and 4.1 g/t Ag (0.69% CuEq.*) over 4.1 metres (274.75-278.85 metres). This zone is included in a wider interval grading 0.17% Cu, 0.03 g/t Au and 1.1 g/t Ag (0.20% CuEq.*) over 40.25 metres (274.75-315.0 metres).


Drill hole MYT-19-032 tested the eastern extension of mineralization encountered in drill hole MYT-19-011 (2.04% CuEq.* over 9.0 metres). It intersected several mineralized intervals, including a zone grading 0.36% Cu, 0.03 g/t Au and 1.2 g/t Ag (0.41% CuEq.*) over 7.39 metres (346.61-354.0 metres). Two additional higher-grade zones yielded values of 1.20% Cu, 0.13 g/t Au, 0.07% Mo and 8.4 g/t Ag (1.62% CuEq.*) over 0.6 metre (264.36-264.96 metres), and 0.68% Cu, 0.08 g/t Au, 0.07% Mo and 2.5 g/t Ag (1.04% CuEq.*) over 0.58 metre (328.48-329.06 metres).


Drill hole MYT-19-030 tested the depth extension of mineralization intersected in drill hole MYT-19-011. Three high-grade mineralized intervals were intersected. The most significant zone graded 0.58% Cu, 0.08 g/t Au, 0.03% Mo and 4.0 g/t Ag (0.77% CuEq.*) over 3.34 metres, from 160.95 to 164.29 metres. Another zone also yielded values of 3.22% Cu, 1.70 g/t Au, 0.03% Mo and 26.2 g/t Ag (4.68% CuEq.*) over 0.5 metre (174.34-174.84 metres). These two zones are included in a wider interval grading 0.18% Cu, 0.08 g/t Au, 0.01% Mo and 1.4 g/t Ag (0.28% CuEq.*) over 23.23 metres (151.61-174.84 metres). A third zone yielded values of 0.88% Cu, 0.08 g/t Au and 6.7 g/t Ag (1.01% CuEq.*) over 1 metre (215.0-216.0 metres).


Drill hole MYT-19-035 tested the bedrock near the Arwen gold-rich boulder field (section 3500E). It intersected a mineralized zone grading 0.17% Cu, 0.04 g/t Au, 0.11% Mo and 0.2 g/t Ag (0.61% CuEq.*) over 4.28 metres (37.10-41.38 metres), including a particularly molybdenum-rich interval, which graded 0.10% Cu, 0.02 g/t Au, 0.69% Mo and 0.2 g/t Ag over 0.51 metre (40.87-41.38 metres).


Several other intervals with grades above 1% CuEq.* were intersected during the drilling campaign, as shown in the adjoining figures. Best results from drill holes MYT-19-027 to 036 and 14-EXT are summarized in the following table.


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8020 Admin

4 months ago

8020 Admin posted a press release Midland Announces the Discovery of Several New Showings and Boulder Fields With Cu-Au-Mo-Ag Mineralization on the Mythril Regional Project in MIDLAND EXPLORATION INC.

MONTREAL, Oct. 31, 2019 (GLOBE NEWSWIRE) -- Midland Exploration Inc. (“Midland”) (TSX-V: MD) is pleased to report the discovery, by prospecting, of several new showings and boulder fields (float) with Cu-Au-Mo-Ag mineralization on its Mythril regional project. In addition to the principal Mythril claim block, which hosts the Mythril discovery, the regional project consists of four (4) main claim blocks located to the northeast, east and southeast of the Mythril block. These new surface discoveries are all located in areas that have seen little previous exploration. They also underscore the excellent potential of the Mythril area for copper, gold, molybdenum and silver mineralization.


Highlights



  • New Tornado Au-Cu-Mo showing, with values up to 4.7 g/t Au and 0.39 % Cu in grab samples; mineralized float yielding 3.13 g/t Au and 0.35 % Cu in a grab sample in the same area (Tilly claim block, Pasithee area).


  • New Eomer gold showing in an iron formation: 2.79 g/t Au and 1.31 g/t Au in grab samples (Tilly south claim block)


  • New Faramir showing yielding up to 0.34 % Cu, and the Boromir float field containing 22 mineralized floats yielding an average of 0.12 % Cu (grab samples; Tilly south claim block, western area). The showing and the floats occur as dense stockworks of quartz, chlorite, ankerite, epidote veins, in very strongly altered granitoids.


  • New Mo-bearing showing and floats northeast of Faramir: up to 1.72 % Mo (grab sample from a locally sourced float).


  • New Mo-Au-Cu showing on the new Corvette claim block: up to 3.84 g/t Au and 0.45 % Mo (grab sample, locally sourced float); up to 1.79 % Mo (grab sample from an outcrop).


  • Arsenopyrite-bearing tonalite float discovered on the Corvette claim block, that yielded 3.47 g/t Au and 1.1 g/t Au (grab samples).


Note that grab samples are selective by nature and grades obtained are not representative of mineralized zones.


New showings and boulders with Cu-Mo-Au and Au mineralization on the Tilly South claim block


The Tilly South claim block is located approximately 35 kilometres northeast of the Mythril discovery. It consists of 391 claims that were map designated in 2018 based on the presence of strong copper and molybdenum anomalies in lake sediments, which were identified using public data from the Government of Quebec. In the northern part of the claim block, a grab sample collected in the summer of 2019 in a decimetre-scale zone with chalcopyrite mineralization in a paragneiss, graded 1.49% Cu, 1.15 g/t Au and 15.6 g/t Ag (Pasithée showing). Another grab sample collected in 2018 (unpublished data), approximately 10 metres further west in the same mineralized zone, graded 0.58% Cu, 0.60 g/t Au and 14.3 g/t Ag. Another polymetallic occurrence, the Tornado showing, was also discovered in an unexplored area 1 kilometre east of the Pasithée showing. The Tornado showing displays different styles of mineralization and appears to be particularly gold-rich. A grab sample from a decimetre-scale zone containing chalcopyrite graded 4.7 g/t Au, 0.39% Cu and 3.58 g/t Ag. On the same outcrop, a grab sample from a zone with molybdenite-filled fractures graded 2.11 g/t Au and 0.02% Mo. Finally, a centimetre-scale quartz-feldspar vein on the same outcrop graded 0.05% Mo and 0.26 g/t Au (grab sample). Approximately 200 metres southeast of the Tornado showing, a grab sample from an angular boulder of paragneiss with chalcopyrite-rich bands graded 3.13 g/t Au, 0.35% Cu and 6.66 g/t Ag. Similar to the Tornado showing, this glacial erratic is particularly gold-rich.


In the western part of the claim block, approximately 13 kilometres southwest of the Tornado showing, another copper-molybdenum mineralized system was uncovered in the summer of 2019. The Faramir showing is a new copper-molybdenum occurrence, where four (4) grab samples yielded an average grade of 0.17% Cu, the highest at 0.34% Cu (sample S410738), with locally anomalous molybdenum values (up to 0.02% Mo). The showing consists of disseminated chalcopyrite in a highly altered granite with strong quartz, chlorite, ankerite and epidote veining. A total of 22 boulders of chalcopyrite-bearing granitoid were also discovered in the vicinity. These boulders are strongly altered and exhibit intense veining (quartz, chlorite, epidote, ankerite). Grab samples yielded an average grade of 0.12% Cu, reaching up to 0.45% Cu (sample S410734). These boulders are very similar to the Faramir showing and are scattered over an area of approximately 1 kilometre by 500 metres. About 400 metres northeast of the Faramir showing, several locally sourced boulders with quartz-molybdenite veining were discovered. Three (3) grab samples from these boulders graded 1.72% Mo, 0.51% Mo and 0.04% Mo. Nearby outcrops host the same type of mineralization, and two (2) grab samples yielded grades of 0.2% Mo and 0.07% Mo. These new showings and boulders appear to represent the external portion (propylitic alteration) of a magmatic-hydrothermal system. Additional work is required to locate the potentially economic portion of the system related to the potassic alteration zone. No previous exploration has ever been conducted in this area. Strong copper and molybdenum anomalies in lake sediments occur in the vicinity of these new showings and boulder fields.


A new gold showing, the Eomer showing, was also discovered in the central part of the Tilly South block. It consists of quartz-pyrite±chalcopyrite veins in a shear zone that cuts across a silicate-facies iron formation. Three (3) grab samples graded 2.79 g/t Au, 1.31 g/t Au and 0.14 g/t Au, along with strong bismuth (up to 0.013% Bi) and tellurium (up to 17.9 g/t Te) values.


These newly discovered showings and boulder fields on the Tilly South claim block represent the first-ever evidence of copper, molybdenum and gold mineralization in this poorly explored area covering more than 200 square kilometres.


New Mo-Cu-Au showings on the Corvette claim block


The Corvette claim block (231 claims) is located 35 kilometres southeast of Mythril and was recently acquired by map designation. Prospecting work carried out in September led to the discovery of a new Mo-Cu-Au-Ag showing in this area. Five (5) grab samples collected on outcrops scattered over an area of approximately 30 metres yielded average grades of 0.65% Mo, 0.1% Cu, 0.09 g/t Au, 6.0 g/t Ag, and up to 1.79% Mo (sample S410856). A grab sample from a nearby subcrop also graded 3.84 g/t Au and 0.45% Mo. Mineralization on the Corvette block occurs as tonalite-hosted stockworks of quartz veinlets and fractures filled with molybdenite and chalcopyrite, and is interpreted as molybdenum-copper-gold porphyry-type mineralization. Finally, two (2) grab samples from a metre-scale boulder of tonalite with arsenopyrite mineralization graded 3.47 g/t Au and 1.1 g/t Au. The provenance of this boulder is unknown. The Corvette block also covers the boundary between the La Grande and Opinaca subprovinces, considered to be a first-order metallotect for gold in the James Bay region.


New Cu-Au-Mo showing and mineralized boulders on the Chisaayuu claim block


The Chisaayuu claim block is located approximately 60 kilometres east of Mythril. The block consists of 301 claims that were acquired by map designation in the fall of 2018 based on the presence of strong molybdenum and copper anomalies in lake sediments, which were identified using public data from the Government of Québec. Prospecting work carried out in the summer of 2019 led to the discovery of a new Cu-Au-Mo showing on the claim block. Nine (9) grab samples of mineralized granodiorite from the showing yielded average grades of 0.11% Cu, 0.01% Mo and 0.2 g/t Au, with values reaching up to 0.79 g/t Au and 0.22% Cu (sample A0350715), and 0.03% Mo (sample A0350714). Mineralization consists of disseminations and veinlets of chalcopyrite and molybdenite in a granodiorite accompanied by epidote, chlorite and sericite alteration. Approximately 800 metres southwest of the showing, a grab sample from a boulder of diorite with chalcopyrite-pyrite-molybdenite mineralization graded 0.75 g/t Au, 0.11% Cu, 0.06% Mo, 9.9 g/t Ag and 0.38% Zn. This is the first copper-molybdenum-gold occurrence ever reported on the claim block. No previous work has been reported for this area.


Copper, gold and molybdenum potential on the Mythril regional project


Prospecting work carried out in the summer of 2019 has identified four new areas with “magmatic-hydrothermal” copper, gold and molybdenum occurrences. These areas have seen little exploration in the past. The new discoveries outline the excellent potential of the Mythril area for this type of mineralization. Ground geophysical surveys (induced polarization) will be conducted in the winter of 2020 on these new prospective areas.


Quality control


Exploration program design and interpretation of results are performed by qualified persons employing a Quality Assurance/Quality Control program consistent with industry best practices, including the use of standards and blanks with every 20 samples. Rock samples on the project are assayed for gold by standard 30-gram fire-assaying with inductively coupled plasma atomic emission spectroscopy (ICP-AES; Au-ICP21) or gravimetric finish (Au-GRA21) at ALS Minerals laboratories in Vancouver, British Columbia. All samples are also analyzed for multi-elements using the four-acid ICP–AES method (ME-ICP61), also at ALS Minerals laboratories in Vancouver, British Columbia. Samples that exceed 1% copper, zinc, molybdenum or nickel are reanalyzed by four-acid ICP-AES optimized for high grades.


About Midland


Midland targets the excellent mineral potential of Quebec to make the discovery of new world-class deposits of gold, platinum group elements and base metals. Midland is proud to count on reputable partners such as BHP Billiton Canada Inc., Agnico Eagle Mines Limited, Osisko Mining Inc., SOQUEM INC., Nunavik Mineral Exploration Fund, and Abcourt Mines Inc. Midland prefers to work in partnership and intends to quickly conclude additional agreements in regard to newly acquired properties. Management is currently reviewing other opportunities and projects to build up the Company portfolio and generate shareholder value.


This press release was prepared by Sylvain Trépanier, P.Geo., VP Exploration James Bay and Northern Quebec for Midland and Qualified Person as defined by NI 43-101, who also approved the technical content of this press release.


For further information, please consult Midland’s website or contact:


Gino Roger, President and Chief Executive Officer
Tel.: 450 420-5977
Fax: 450 420-5978
Email: info@midlandexploration.com


Website: www.midlandexploration.com


Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.


This press release may contain forward-looking statements that are subject to known and unknown risks and uncertainties that could cause actual results to vary materially from targeted results. Such risks and uncertainties include those described in Midland’s periodic reports including the annual report or in the filings made by Midland from time to time with securities regulatory authorities.


Photos accompanying this announcement are available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/cdd75907-f9cc-48c5-ba5c-f3655e4ac114
https://www.globenewswire.com/NewsRoom/AttachmentNg/e0948cd1-b1dc-4bbf-9d3a-523ff76cb18a
https://www.globenewswire.com/NewsRoom/AttachmentNg/7547f712-47d9-4440-9d3a-1674415d947f
https://www.globenewswire.com/NewsRoom/AttachmentNg/010aae70-fb5e-4bdb-b9de-4c40a27f02c8
https://www.globenewswire.com/NewsRoom/AttachmentNg/9247f222-9866-46eb-ac1c-0b06087b870e
https://www.globenewswire.com/NewsRoom/AttachmentNg/b64b1dc4-e3f6-497a-8149-538338b4d254
https://www.globenewswire.com/NewsRoom/AttachmentNg/fd8c8fbf-9523-4223-b69c-821fefefd604
https://www.globenewswire.com/NewsRoom/AttachmentNg/99893e7b-15a3-413a-87de-dde5d0d0b3c4
https://www.globenewswire.com/NewsRoom/AttachmentNg/54f1006a-6b99-41f9-9686-1dcaeeb34e9c
https://www.globenewswire.com/NewsRoom/AttachmentNg/bb0eba08-784b-45c1-ac05-83a7c5a60d97


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Mythril regional claim blocks



Mythril regional claim blocks



Tilly South - New 2019 showings



Tilly South - New 2019 showings



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Boromir Cu-bearing floats - 2



Boromir Cu-bearing floats - 2



Faramir Cu showing



Faramir Cu showing



NE Faramir - Qtz-Mo veins in floats + outcrops



NE Faramir - Qtz-Mo veins in floats + outcrops



Corvette - New 2019 showings



Corvette - New 2019 showings



Corvette - Mo-Cu-Au mineralization



Corvette - Mo-Cu-Au mineralization



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Corvette - Au-As float



Chisaayuu - New 2019 showings



Chisaayuu - New 2019 showings



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Midland Exploration Inc.

publicPublic Group

Midland Exploration is a dynamic and aggressive mineral exploration company focused on gold, PGE’s, base metals and REE mine discoveries in one of Canada’s richest mining provinces, Quebec.

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Midland Exploration Inc.

publicPublicGroup

Midland Exploration is a dynamic and aggressive mineral exploration company focused on gold, PGE’s, base metals and R......

people3 Members       (0)

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8020 Admin

6 days ago

8020 Admin posted a press release Midland Enters Strategic Alliance With SOQUEM in the Grenville and Regains 100% Interest in the Casault and Jouvex Projects in MIDLAND EXPLORATION INC.

MONTREAL, Feb. 27, 2020 (GLOBE NEWSWIRE) -- Midland Exploration Inc. (“Midland”) (TSX-V: MD) is pleased to announce a new strategic alliance with SOQUEM in the Grenville Province and an agreement to regain 100% interest in the Casault and Jouvex gold projects, previously in joint venture with SOQUEM. In exchange, Midland relinquishes 50% interest in its seven (7) properties grouped under the Gatineau Zinc project located in the Grenville Province, south of the town of Maniwaki, Quebec.


Strategic alliance in the Grenville


SOQUEM and Midland agree to enter into a joint venture agreement and a strategic alliance in the Grenville. SOQUEM and Midland will jointly implement a targeting approach to identify and assess the mineral resource potential and to acquire mining rights covering the best targets for base metals.


Projects acquired under the target generation program will be declared “Designated Projects” once the mining rights have been acquired. Each Designated Project will be the object of a distinct joint venture agreement, the terms of which will be similar to the joint venture agreements to be signed relating to the active properties.


A management committee composed of four members, two nominated by each party, will manage activities conducted under the target generation program for the duration of the agreement. The parties are not subject to budgetary obligations under the target generation program. The budget will be defined by the management committee. The target generation program will last for a period of 2 years, unless it is extended by mutual written consent of both parties.


SOQUEM will be project manager under the target generation program and for all joint ventures formed on Designated Projects; Midland may assign up to 30% of personnel.


Midland regains 100% interest in the Casault and Jouvex projects (the “Properties”)


Under the agreement, SOQUEM transfers to Midland its 50% interest in the Properties in exchange for:



  • A 1% NSR royalty; Midland may, at any time, buy back the royalty, in all or in part, by making a cash payment of $1,000,000 per tranche of 0.5% NSR; and
     

  • 50% undivided interest in a joint venture relating to seven (7) existing mining properties located in the La Vallée-de-la-Gatineau regional county municipality (“MRC”), wholly owned by Midland (the “Existing Properties”).


The Properties


The Casault project is located approximately 140 kilometres north of the town of La Sarre in Abitibi, Quebec. The property consists of 316 claims covering a surface area of approximately 174 square kilometres, about 40 kilometres east of the Detour Lake gold deposit. Gold is associated with quartz veining in altered mafic volcanic rocks with disseminated pyrite mineralization. Drill hole CAS-12-07 intersected 10.4 g/t Au over 1.45 m from 176.60 to 178.05 m (see press release dated April 26 2012) and drill hole CAS-15-53 intersected 6.9 g/t Au over 1.1 m in the same area between 395.00 and 396.10 m (see press release dated October 22 2015). A gold-bearing porphyry intrusion (QFP) was also recognized on the property in 2017 (Vortex zone). Drill hole CAS-17-96 yielded a grade of 1.38 g/t Au over 26.5 m in this zone between 155.80 and 182.00 m, including 7.9 g/t Au over 2.2 m from 179.80 to 182.00 m (see press release dated January 18 2018).  The property is well positioned less than 10 km of the Tabasco / Fenelon and Area 51 gold discoveries of Wallbridge. A new drilling program is currently in preparation.


The Jouvex property is located approximately 50 kilometres west of the town of Matagami in Abitibi, Quebec. The property consists of 248 claims covering a surface area of approximately 138 square kilometres. The property covers a 10-kilometre-long segment of the Casa Berardi fault zone that exhibits a regional flexure. Numerous gold-bearing drill intercepts are reported in sedimentary rocks and iron formations, in a setting similar to the Casa Berardi mine located 65 kilometres further west.


The Existing Properties


The Bouchette property is located east and southeast of the municipality of Messines, and 12 kilometres south of the town of Maniwaki in the La Vallée-de-la-Gatineau MRC. It consists of 31 map-designated cells totalling 1,843.48 ha. The property hosts the Bouchette prospect. Hole BO-94-03, drilled in 1994 (GM53111) had returned 3.3 % Zn over 9.6 m between 9.5 and 19.1 m.


The Leitch property is located 7 kilometres northeast of the municipality of Gracefield in the La Vallée-de-la-Gatineau MRC. It consists of 40 map-designated cells covering a surface area of 2,384.84 ha. The property encompasses the Leitch zinc prospect and the former Lafontaine zinc mine. Two channels completed on the Leitch surface showing had returned 24.1 % Zn over 3.0 metres and 32.4 % Zn over 2.0 metres (unpublished data). Another channel cut on the Lafontaine showing had returned 21.0 % Zn over 2.0 metres (unpublished data).


The Aumond property is located 3 kilometres east of the municipality of Aumond in the La Vallée-de-la-Gatineau MRC. It consists of 37 map-designated cells totalling 2,191.61 ha. An historical channel had yielded 6.08 % Zn over 0.8 metre (GM56261).


The Chute-Rouge property is located 7 kilometres west of the town of Grand-Remous in the La Vallée-de-la-Gatineau MRC. It consists of 50 map-designated cells covering a surface area of 2,955.45 ha.


The Blue Sea property is located 1.5 kilometres southeast of the municipality of Blue Sea in the La Vallée-de-la-Gatineau MRC. It consists of 3 map-designated cells totalling 169.53 ha.


The Bois Franc property is located 2.5 kilometres north of the town of Maniwaki and borders, to the east, the Egan-Sud and Bois-Franc municipalities in the La Vallée-de-la-Gatineau MRC. It consists of 71 claims covering a surface area of 4,127.67 ha.


The Zone A property is located 1.5 kilometres southeast of the municipality of Blue Sea in the La Vallée-de-la-Gatineau MRC. It consists of 27 map-designated cells covering a surface area of 1,610.04 ha.


Cautionary statements:


Mineralization occurring at the Detour Lake mine and on the Fenelon project/Tabasco/Area 51 is not necessarily representative of mineralization that may be found on the Casault property.


Note that the true thickness of reported drill and channel intervals cannot be determined with the information currently available.


About SOQUEM


SOQUEM, a subsidiary of Investissement Québec, is dedicated to promoting the exploration, discovery and development of mining properties in Quebec. SOQUEM also contributes to maintaining strong local economies. A proud partner and ambassador for the development of Quebec’s mineral wealth, SOQUEM relies on innovation, research and strategic minerals to be well-positioned for the future


About Midland


Midland targets the excellent mineral potential of Quebec to make the discovery of new world-class deposits of gold, platinum group elements and base metals. Midland is proud to count on reputable partners such as SOQUEM INC., BHP Billiton Canada Inc., Agnico Eagle Mines Limited, O3 Mining, Nunavik Mineral Exploration Fund, and Abcourt Mines Inc. Midland prefers to work in partnership and intends to quickly conclude additional agreements in regard to newly acquired properties. Management is currently reviewing other opportunities and projects to build up the Company portfolio and generate shareholder value.


This press release was prepared by Mario Masson. P.Geo., VP Exploration for Midland and Qualified Person as defined by NI 43-101, who also approved the technical content of this press release.


For further information, please consult Midland’s website or contact:


Gino Roger, President and Chief Executive Officer
Tel.: 450 420-5977
Fax: 450 420-5978
Email: info@midlandexploration.com


Website: https://www.midlandexploration.com/


Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.


This press release may contain forward-looking statements that are subject to known and unknown risks and uncertainties that could cause actual results to vary materially from targeted results. Such risks and uncertainties include those described in Midland’s periodic reports including the annual report or in the filings made by Midland from time to time with securities regulatory authorities.


Photos accompanying this announcement are available at:
https://www.globenewswire.com/NewsRoom/AttachmentNg/cb757bb9-a1fe-41a4-8415-659e2f283dd2


https://www.globenewswire.com/NewsRoom/AttachmentNg/62c48846-3583-4f02-bffe-9d05282a29ac 


Primary Logo



Figure 1



Casault & Jouvex Projects 100%



Figure 2



Midland-Soquem Alliance



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8020 Admin

13 days ago

8020 Admin posted a press release Midland Identifies New Targets on Maritime-Cadillac and Resumes Drilling in MIDLAND EXPLORATION INC.

MONTREAL, Feb. 20, 2020 (GLOBE NEWSWIRE) -- Midland Exploration Inc. ("Midland") (TSX-V: MD) is pleased to announce the commencement of a new drilling campaign on the Maritime-Cadillac property. The Maritime-Cadillac property is in joint venture between Agnico Eagle Mines Limited (51%) ("Agnico Eagle") and Midland (49%), located along the Cadillac Break.


This new drilling program will include a drill hole totalling 850 metres in length, designed to test the down-plunge extension of the Dyke East zone at a vertical depth of 600 metres.


Another hole, totalling 400 metres in length, will be drilled to test two parallel gold-bearing zones (the South and North zones), previously intersected in a drill hole south of the Maritime-Cadillac zone, in a historically underexplored area. A second phase of drilling totalling 400 metres has been planned contingent on the results of the first phase.


This drilling campaign totalling 1,650 metres is set to begin in the coming weeks.


Dyke East zone


The proposed drilling program for the Dyke East zone includes an 800-metre-long drill hole targeting the depth extension (at 600 metres vertical depth) down-plunge from a few historical drill holes that yielded gold-bearing intervals over significant widths. Drill hole 141-10-23 yielded a grade of 1.7 g/t Au over 37.85 metres, from 311.25 to 349.10 metres depth, including 12.6 g/t Au over 1.5 metre, from 329.0 to 330.5 metres depth. In addition, drill hole 141-11-31, testing more than 100 metres below hole 141-10-23, intersected an interval grading 1.7 g/t Au over 46.4 metres, from 399.0 to 445.4 metres depth, including 21.0 g/t Au over 1.2 metres, from 412.8 to 414.0 metres depth (see press releases by Midland dated May 27, 2010 and July 19, 2011).


Note that the Dyke East zone is characterized by a felsic dyke swarm hosted in schists of the Piché Group.


Area south of the Maritime-Cadillac zone


A 400-metre-long drill hole is proposed to test a significant gap located between the Maritime-Cadillac zone and an area previously drill-tested by Agnico Eagle in 2006-2007 in the south part of the property, where gold-bearing intervals grading 9.4 g/t Au over 1.1 metre and 8.4 g/t Au over 1.1 metre (true thicknesses) were reported.


The target area is located approximately 400 metres south of the Maritime-Cadillac zone and is proximal to a structural feature (fold nose). The drill hole is designed to test two known zones (the South and North zones) at vertical depths of 100 and 200 metres respectively.


Cautionary statement:


The true thickness of drill intercepts reported in this press release cannot be determined with the information currently available; intervals are therefore reported in core length.


About Midland


Midland targets the excellent mineral potential of Quebec to make the discovery of new world-class deposits of gold, platinum group elements and base metals. Midland is proud to count on reputable partners such as Agnico Eagle Mines Limited, BHP Billiton Canada Inc., SOQUEM INC., O3 Mining, Nunavik Mineral Exploration Fund, and Abcourt Mines Inc. Midland prefers to work in partnership and intends to quickly conclude additional agreements in regard to newly acquired properties. Management is currently reviewing other opportunities and projects to build up Midland's portfolio and generate shareholder value.


This press release was prepared by Mario Masson. P.Geo., VP Exploration for Midland and a Qualified Person as defined by NI 43-101, who also approved the technical content of this press release.


For further information, please consult Midland's website or contact:


Gino Roger, President and Chief Executive Officer
Tel.: 450 420-5977
Fax: 450 420-5978
Email: info@midlandexploration.com
Website: https://www.midlandexploration.com/


Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.


This press release may contain forward-looking statements that are subject to known and unknown risks and uncertainties that could cause actual results to vary materially from targeted results. Such risks and uncertainties include those described in Midland's periodic reports including the annual report or in the filings made by Midland from time to time with securities regulatory authorities.


Photos accompanying this announcement are available at: 


https://www.globenewswire.com/NewsRoom/AttachmentNg/28fa8d87-57ea-44b0-81f7-eb00e4dc6d9f


https://www.globenewswire.com/NewsRoom/AttachmentNg/eec8bb17-a4f7-4902-a451-2b0e4eea1aa3


https://www.globenewswire.com/NewsRoom/AttachmentNg/a89ad675-a3c5-4439-b847-ed0eff4599db


https://www.globenewswire.com/NewsRoom/AttachmentNg/7fb1d493-7fad-49dd-ad8b-42fd536d0c7d


Primary Logo



Figure 1



Longitudinal Section Cadillac Break



Figure 2



Maritime-Cadillac Geology



Figure 3



Dyke East Zone Longitudinal Section



Figure 4



Southern Portion Longitudinal Section



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8020 Admin

19 days ago

8020 Admin posted a press release Midland Exploration Announces the Grant of Options in MIDLAND EXPLORATION INC.


MONTREAL, Feb. 14, 2020 (GLOBE NEWSWIRE) -- Midland Exploration Inc. (“Midland”) (TSX-V: MD) announces that it has granted incentive stock options to employees, directors, officers and consultants of Midland to acquire an aggregate of 620,000 common shares at $0.72 per share, for a period of 10 years. These incentive stock options have been granted in accordance with Midland’s Stock Option Plan.


About Midland


Midland targets the excellent mineral potential of Quebec to make the discovery of new world-class deposits of gold, platinum group elements and base metals. Midland is proud to count on reputable partners such as BHP Billiton Canada Inc., Agnico Eagle Mines Limited, Osisko Mining Inc., SOQUEM INC., Nunavik Mineral Exploration Fund, and Abcourt Mines Inc. Midland prefers to work in partnership and intends to quickly conclude additional agreements in regard to newly acquired properties. Management is currently reviewing other opportunities and projects to build up the Company portfolio and generate shareholder value.


For further information, please consult Midland’s website or contact:


Gino Roger, President and Chief Executive Officer
Tel: 450 420-5977
Fax: 450 420-5978
E-mail: info@midlandexploration.com


Website: www.midlandexploration.com


Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.


This press release may contain forward-looking statements that are subject to known and unknown risks and uncertainties that could cause actual results to vary materially from targeted results. Such risks and uncertainties include those described in Midland's periodic reports including the annual report or in the filings made by Midland from time to time with securities regulatory authorities.


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8020 Admin

1 month ago

8020 Admin posted a press release Midland Identifies New High-Priority Geophysical Target on Samson and Expands Strategic Position East of Wallbridge's Fenelon Project in MIDLAND EXPLORATION INC.

MONTREAL, Jan. 28, 2020 (GLOBE NEWSWIRE) -- Midland Exploration Inc. (“Midland”) (TSX-V: MD) is pleased to report that the ground-based induced polarization (“IP”) geophysical survey recently completed on the Samson property has led to the identification of a new high-priority target along an interpreted subsidiary located south of the Lower Detour Fault. The Samson property is wholly owned by Midland and is located approximately 15 kilometres southeast of the Fenelon deposit and the recent Area 51 discovery, both held by Wallbridge Mining Company (“Wallbridge”).


In addition, Midland is pleased to announce the acquisition, by map designation, of 102 new claims held 100% by Midland, adjacent to the north of the Fleuribleu property initially acquired in November 2019 and located along the Sunday Lake Fault, approximately 40 kilometres east of the Fenelon deposit and Area 51 discovery.


New high-priority target south of the Lower Detour Fault


Last December, an IP survey was conducted in the east part of the Samson property to investigate a folded magnetic structure interpreted as being located along a subsidiary fault to the south and proximal to the Lower Detour Fault. This folded structure was initially identified during a high-resolution helicopter-borne magnetic survey conducted in the winter of 2016.


The IP survey, totalling approximately 9.5 line kilometres, consisted in four (4) lines trending north-south and 1.5 km long, spaced 400 metres apart, and two (2) additional lines trending east-west and 1.75 km long, spaced 200 metres apart. This survey configuration was set up to test the presence of chargeability anomalies near the nose of the folded magnetic structure.


The results of the IP survey show two subparallel axes with weak chargeability highs, as well as an area some 400 metres in diameter, where chargeability values are markedly higher, located directly in the nose of the folded magnetic structure. These encouraging IP results highlight an area already considered favourable from a structural standpoint as a result of the high-resolution magnetic survey interpretation, which identified this area as a possible drag fold located along a subsidiary structure to the south of the regional Lower Detour Fault.


Midland consolidates its strategic position in the Detour Belt


The 102 new map-designated claims acquired in December consolidate the Fleuribleu property initially acquired in November 2019 (see press release by Midland dated November 27, 2019). The Fleuribleu property now totals 196 claims (109 km2) and covers, over a strike length of more than 15 kilometres, the interpreted eastward extension of the Sunday Lake Fault, approximately 40 kilometres east of the new Wallbridge discovery. Last October, Wallbridge reported drill results from its Fenelon property (Tabasco zone), with grades reaching 27.0 g/t Au over 38.39 metres, 20.89 g/t Au over 8.54 metres, and 17.58 g/t Au over 11.04 metres (see press release by Wallbridge dated October 21, 2019).


Midland also acquired 36 new claims to consolidate the Samson property south of Lac Grasset.


Since 2009, Midland has been one of the most aggressive mineral exploration companies to take a strategic position in the Detour Lake belt and has built an impressive portfolio of seven (7) high-quality gold properties now totalling 1,458 claims (810 km2). These positions now allow control of the major structures of Sunday Lake and Lower Detour, or their subsidiary faults, over a combined total distance of more than 85 kilometers in the lateral extensions of the Detour Lake mine * and recent gold discoveries from Zone 58N*, Area 51-Fenelon* and Martiniere/Bug Lake* (*please refer to note at the end of this press release).


* Mines and deposits located near Midland projects in the Detour belt


Detour Lake mine ( Owned by Detour Gold Corp. – Information from Detour Gold Website ): The Detour Lake open pit mine hosts 13.17 million ounces of gold (“oz Au”) in proven and probable mineral reserves, consisting in 414.9 million tonnes grading 0.99 g/t Au (as at December 31, 2018).


Zone 58N (Owned by Detour Gold – Information from Detour Gold Website): This deposit hosts 2.87 million tonnes in indicated resources at a grade of 5.8 g/t Au (534 300 oz Au) and 0.97 million tonnes in inferred resources at a grade of 4.35 g/t Au (136 100 oz Au).


Fenelon (Owned by Wallbridge Mining Company Ltd. – Information from Wallbridge Website): 2018-2019 bulk sampling: 33,233 tonnes at 18.49 g/t Au.


Martiniere/Bug Lake (Owned by Balmoral Resources  Ltd. – Information from Balmoral Website): This deposit hosts pit-constrained indicated resources totalling 6,827,000 tonnes at a grade of 1.96 g/t Au (431,000 oz Au) and underground indicated resources totalling 1,092,000 tonnes at a grade of 4.54 g/t Au (159,000 oz Au).


Cautionary statement:


Mineralization occurring at the mines and deposits listed above is not necessarily representative of mineralization that may be found on projects held by Midland described herein.


About Midland


Midland targets the excellent mineral potential of Quebec to make the discovery of new world-class deposits of gold, platinum group elements and base metals. Midland is proud to count on reputable partners such as BHP Billiton Canada Inc., Agnico Eagle Mines Limited, Osisko Mining Inc., SOQUEM INC., Nunavik Mineral Exploration Fund, and Abcourt Mines Inc. Midland prefers to work in partnership and intends to quickly conclude additional agreements in regard to newly acquired properties. Management is currently reviewing other opportunities and projects to build up the Company portfolio and generate shareholder value.


This press release was prepared by Mario Masson. P.Geo., VP Exploration for Midland and Qualified Person as defined by NI 43-101, who also approved the technical content of this press release.


For further information, please consult Midland’s website or contact:


Gino Roger, President and Chief Executive Officer
Tel.: 450 420-5977
Fax: 450 420-5978
Email: info@midlandexploration.com


Website: www.midlandexploration.com


Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.


This press release may contain forward-looking statements that are subject to known and unknown risks and uncertainties that could cause actual results to vary materially from targeted results. Such risks and uncertainties include those described in Midland’s periodic reports including the annual report or in the filings made by Midland from time to time with securities regulatory authorities.


Photos accompanying this announcement are available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/1c1a58d3-656d-4ff0-b37d-e16392c71672
https://www.globenewswire.com/NewsRoom/AttachmentNg/00679387-749e-4390-a5db-b663f5c71686
https://www.globenewswire.com/NewsRoom/AttachmentNg/1e20df25-2123-4211-bb9d-a1e162cc6cd3
https://www.globenewswire.com/NewsRoom/AttachmentNg/e014682c-cc1c-43a1-8abd-9b706c9ca34a
https://www.globenewswire.com/NewsRoom/AttachmentNg/9ceb0ea6-6e58-403e-91c5-9860e2f21523
https://www.globenewswire.com/NewsRoom/AttachmentNg/01d13c5e-552d-49e5-a8c1-67cc43093500


Primary Logo



Figure 1



New acquisitions Detour Trend



Figure 2



Samson property regional mag



Figure 3



Samson Mag HR 2016



Figure 4



Samson IP chargeability



Figure 5



Samson target Mag-IP



Figure 6



IP Section Line 1000E



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8020 Admin

2 months ago

8020 Admin posted a press release Midland Acquires Strategic Position Near Azimut's Patwon Gold Discovery in MIDLAND EXPLORATION INC.

MONTREAL, Jan. 16, 2020 (GLOBE NEWSWIRE) -- Midland Exploration Inc. (“Midland”) (TSX-V: MD) is pleased to announce the acquisition, by map designation, of 100% interest in a new project with strong gold potential totalling 383 claims (199 km2), located near the recent Patwon gold discovery made by Azimut Exploration Inc. (“Azimut”) on its Elmer project (Eeyou Istchee James Bay, Quebec). This new project acquired by Midland is named “Komo”. The western part of the project lies approximately 7 kilometres south of the Azimut discovery.


The Komo project covers, over nearly 40 kilometres, the same volcanic belt that hosts the Patwon discovery. Azimut recently announced several significant gold-bearing drill intercepts on Patwon, namely 3.15 g/t Au over 102.0 metres, including 10.1 g/t Au over 20.5 metres (press release by Azimut dated January 14, 2020).


Midland’s new Komo project also covers, over approximately 30 kilometres, the highly prospective contact between the La Grande and Opinaca/Nemiscau geological subprovinces. This contact hosts most of the known gold deposits in the James Bay region, namely the Eleonore mine (Newmont) and the La Pointe and Cheechoo deposits. The portion of the project located nearest the Patwon discovery shows a structural setting highly favourable for gold, with a folded gabbro unit located in the pressure shadow of a large-scale intrusion. A historical molybdenum-copper occurrence on the project also indicates potential for porphyry-type mineralization on Komo.


The project will be the focus of a geological compilation during the next few weeks prior to defining an exploration program for the coming year.


Cautionary statement:


Mineralization occurring at the mines and deposits listed above is not necessarily representative of mineralization that may be found on the Komo project held by Midland described herein. Claims are currently under processing at the Quebec Ministry of Energy and Natural resources; they will be recorded soon under 100% Midland.


About Midland


Midland targets the excellent mineral potential of Quebec to make the discovery of new world-class deposits of gold, platinum group elements and base metals. Midland is proud to count on reputable partners such as BHP Billiton Canada Inc., Agnico Eagle Mines Limited, Osisko Mining Inc., SOQUEM INC., Nunavik Mineral Exploration Fund, and Abcourt Mines Inc. Midland prefers to work in partnership and intends to quickly conclude additional agreements in regard to newly acquired properties. Management is currently reviewing other opportunities and projects to build up the Company portfolio and generate shareholder value.


This press release was prepared by Sylvain Trépanier, P.Geo., VP Exploration James Bay and Northern Quebec for Midland and Qualified Person as defined by NI 43-101, who also approved the technical content of this press release.


For further information, please consult Midland’s website or contact:


Gino Roger, President and Chief Executive Officer
Tel.: 450 420-5977
Fax: 450 420-5978
Email: info@midlandexploration.com


Website: https://www.midlandexploration.com/


Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.


This press release may contain forward-looking statements that are subject to known and unknown risks and uncertainties that could cause actual results to vary materially from targeted results. Such risks and uncertainties include those described in Midland’s periodic reports including the annual report or in the filings made by Midland from time to time with securities regulatory authorities.


Two photos accompanying this announcement are available at

https://www.globenewswire.com/NewsRoom/AttachmentNg/cc5fdf11-2666-402b-82d0-c482ed423424


https://www.globenewswire.com/NewsRoom/AttachmentNg/1cafd63e-96ec-460f-98a6-0a91771d2891


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Midland Projects in the James Bay/Eeyou Istchee region



Midland Projects in the James Bay/Eeyou Istchee region



New Komo Project and Azimut Patwon Discovery



New Komo Project and Azimut Patwon Discovery



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8020 Admin

3 months ago

8020 Admin posted a press release Midland Resumes Exploration on its Mythril Cu-Au-Mo-Ag Project in MIDLAND EXPLORATION INC.

MONTREAL, Dec. 18, 2019 (GLOBE NEWSWIRE) -- Midland Exploration Inc. (“Midland”) (TSX-V: MD) is pleased to report that exploration will resume in the next few weeks on its wholly owned (100% Midland) Mythril and Mythril regional projects.


The winter exploration campaign will include induced polarization (“IP”) geophysical surveys over copper-gold-molybdenum-silver and gold-only boulder fields found in 2019 northeast and north of the main Mythril showings. IP surveys totalling 153 kilometres will also be done on other copper-gold-molybdenum-silver showings and boulder fields found in 2019 on claim blocks located around the main Mythril block (“Mythril regional project”).


In addition, a 3D model of the 2019 exploration (including drilling) on Mythril will be constructed. These coming surveys and models will be used to define the next drilling targets for an upcoming winter/spring drilling campaign on the Mythril and Mythril regional projects.


2019 Prospection highlights on the Mythril project


Several new mineralized boulder fields were found in 2019, located several kilometers north and northeast of the previously known Mythril showings. These new highly prospective areas will be covered by an extensive IP geophysical survey (dipole-dipole) in the coming weeks, to define targets for a winter drilling campaign. Note that grab samples are selective by nature and values returned are not representative of mineralized zones.



  • Boulder fields 5 km northeast of the main Mythril showings: forty-eight (48) boulders spread over 1.2 km long by 200 m wide. Average of 0.78 % Cu, 0.56 g/t Au, 0.07 % Mo and 6.73 g/t Ag (1.49 % CuEq.*) (grab samples), and up to: 8.6 % Cu, 10.4 g/t Au and 25.6 g/t Ag (15.43 % CuEq.*) (Sample: #410279) and 0.83 % Mo (Sample: #410288) (grab samples); results published on September 5, 2019.


  • Two (2) boulder fields bornite dominated (twenty-one (21) boulders), 2 kilometers north of Mythril. Average of 0.66 % Cu, 0.36 g/t Au, 6.14 g/t Ag (0.95 % CuEq.*) (grab samples), with values up to: 2.09 % Cu (Sample: #410575) and 1.52 g/t Au (Sample: #410574); results published on September 5, 2019.


  • Gold-bearing boulders found in the northeastern part of the Mythril project (2.84 g/t Au; 2.83 g/t Au; 0.59 g/t Au; grab samples) combined with low copper (<0.15% Cu) and molybdenum (<0.01% Mo) values. Mineralization consists of pyrite (up to 1%), magnetite and trace chalcopyrite in a granodiorite with biotite alteration. This is the first occurrence of predominantly gold mineralization on Mythril. Areas to the north, east and west of these boulders remain unexplored. Results were published on November 7, 2019.


  • Ten (10) new granodiorite boulders with Cu-Au-Mo-Ag mineralization also discovered south the previous gold-rich ones. These boulders yielded average grades of 0.32% Cu, 0.38 g/t Au, 0.04% Mo and 4.7 g/t Ag (0.77 % CuEq.*) (grab samples). The boulders are much more gold-rich compared to other mineral occurrences on the Mythril project. These observations suggest a systematic increase in gold versus copper content to the east and north of the project. This type of multi-kilometre-scale variation is typical of large-scale hydrothermal system. Results were published on November 7, 2019.


2019 Prospection highlights on the Mythril regional project


Several new Cu-Au-Mo-Ag showings and boulder fields were also found in 2019 on the Mythril regional project, which consists in several claim blocks located north, east and southeast of the main Mythril project. All results below were published on October 31, 2019. These new discoveries combined with the Mythril occurrences highlight a previously unrecognized Cu-Au-Mo-Ag domain in the Eastern James Bay area. Induced polarization (IP) surveys performed in the coming weeks will cover the areas surrounding the Tornado showing, the Faramir/Boromir showing and boulder fields, and the Chisaayuu showing.



  • New Tornado Au-Cu-Mo showing, with values up to 4.7 g/t Au and 0.39 % Cu in grab samples; mineralized float yielding 3.13 g/t Au and 0.35 % Cu in a grab sample in the same area (Tilly south claim block, Pasithee area).


  • New Faramir showing yielding up to 0.34 % Cu in grab samples, and the Boromir float field containing twenty-two (22) mineralized floats yielding an average of 0.12 % Cu (grab samples; Tilly south claim block, western area). The showing and the floats occur as dense stockworks of quartz, chlorite, ankerite, epidote veins, in very strongly altered granitoids. New Mo-bearing showing and floats northeast of Faramir: up to 1.72 % Mo (grab sample from a locally sourced float).


  • New Cu-Mo-Au showing on the Chisaayuu block: nine (9) grab samples of mineralized granodiorite yielding average grades of 0.11 % Cu, 0.01 % Mo and 0.2 g/t Au, with values reaching up to 0.7 g/t Au and 0.22 % Cu (sample A0350715), and 0.03% Mo (sample A0350714). Approximately 800 metres southwest of the showing, a grab sample from a boulder of diorite graded 0.75 g/t Au, 0.11 % Cu, 0.06 % Mo, 9.9 g/t Ag and 0.38% Zn.


  • New Mo-Au-Cu showing on the new Corvette claim block: up to 3.84 g/t Au and 0.45 % Mo (grab sample, locally sourced float); up to 1.79 % Mo (grab sample from an outcrop)


2019 Drilling on the Mythril project


The best results from 2019 drilling on Mythril (Phases 1 to 3) are summarized below. Note that the true thickness of reported drill intervals cannot be determined with the information currently available.



  • Phase 1 (published on May 16, 2019) : MYT-19-06: 1.07 % Cu, 0.37 g/t Au, 8.87 g/t Ag (1.41 % CuEq.*) over 12.55 meters.


  • Phase 2a (published on July 30, 2019) : MYT-19-11 (1300E): 1.34 % Cu, 0.69 g/t Au, 0.04 % Mo and 9.54 g/t Ag (2.04 % CuEq.*) over 9.00 meters.


  • Phase 2b (published on September 5, 2019) : MYT-19-24 (200E): 1.61 % Cu, 0.09 g/t Au, 0.01 % Mo and 6.7 g/t Ag (1.77 % CuEq.*) over 3.12 meters.


  • Phase 3 (published on November 5, 2019) : MYT-19-33 (1200E) : 0.11 % Cu, 0.06 g/t Au and 2.7 g/t Ag (0.19 % CuEq.*) on 93.1 meters.


*Metal prices used to calculate CuEq.*: Au $1,285/oz, Cu $2.77/lb, Ag $15/oz, Mo $10.90/lb. Recoveries of 100% of all metals are assumed.


Quality control


Exploration program design and interpretation of results are performed by qualified persons employing a Quality Assurance/Quality Control program consistent with industry best practices, including the use of standards and blanks with every 20 samples. Rock samples on the project are assayed for gold by standard 30-gram fire-assaying with inductively coupled plasma atomic emission spectroscopy (ICP-AES; Au-ICP21) or gravimetric finish (Au-GRA21) at ALS Minerals laboratories in Vancouver, British Columbia. All samples are also analyzed for multi-elements using the four-acid ICP–AES method (ME-ICP61), also at ALS Minerals laboratories in Vancouver, British Columbia. Samples that exceed 1% copper, zinc, molybdenum or nickel are reanalyzed by four-acid ICP-AES optimized for high grades.


About Midland


Midland targets the excellent mineral potential of Quebec to make the discovery of new world-class deposits of gold, platinum group elements and base metals. Midland is proud to count on reputable partners such as BHP Billiton Canada Inc., Agnico Eagle Mines Limited, Osisko Mining Inc., SOQUEM INC., Nunavik Mineral Exploration Fund, and Abcourt Mines Inc. Midland prefers to work in partnership and intends to quickly conclude additional agreements in regard to newly acquired properties. Management is currently reviewing other opportunities and projects to build up the Company portfolio and generate shareholder value.


This press release was prepared by Sylvain Trépanier, P.Geo., VP Exploration James Bay and Northern Quebec for Midland and Qualified Person as defined by NI 43-101, who also approved the technical content of this press release.


For further information, please consult Midland’s website or contact:


Gino Roger, President and Chief Executive Officer
Tel.: 450 420-5977
Fax: 450 420-5978
Email: info@midlandexploration.com


Website: www.midlandexploration.com


Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.


This press release may contain forward-looking statements that are subject to known and unknown risks and uncertainties that could cause actual results to vary materially from targeted results. Such risks and uncertainties include those described in Midland’s periodic reports including the annual report or in the filings made by Midland from time to time with securities regulatory authorities.


Figures accompanying this announcement are available at


https://www.globenewswire.com/NewsRoom/AttachmentNg/3d7a6391-bcf9-4da1-8511-c842be9af8ab


https://www.globenewswire.com/NewsRoom/AttachmentNg/623a42de-d8c3-4612-8811-2317e257237e


https://www.globenewswire.com/NewsRoom/AttachmentNg/a97dfb03-e6de-4c8a-a824-7f72e290ade8


https://www.globenewswire.com/NewsRoom/AttachmentNg/8b3612ec-0689-4ce8-91e7-96a23e8ac79d


https://www.globenewswire.com/NewsRoom/AttachmentNg/18f9659b-5227-4db9-abf3-1cb49d877eb3


https://www.globenewswire.com/NewsRoom/AttachmentNg/66528910-934a-42c7-b9fe-7afd7d549222


https://www.globenewswire.com/NewsRoom/AttachmentNg/33956ceb-e272-40ce-aab0-7232f1d5d97d


https://www.globenewswire.com/NewsRoom/AttachmentNg/bea977c4-73fb-4bd1-8413-132275bf1149


Primary Logo



Figure 1



Mythril discovery location



Figure 2



Mythril and Mythril Regional projects



Figure 3



Mythril 2019 New outcrops and floats



Figure 4



Mythril Winter 2020 IP Surveys



Figure 5



Mythril DDH 2019 Best results



Figure 6



Mythril Regional New 2019 showings



Figure 7



Tilly South IP Winter 2020



Figure 8



Chisaayuu IP Winter 2020



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8020 Admin

3 months ago

8020 Admin posted a press release Midland Expands Its Strategic Position in the Detour Lake Belt Near Wallbridge's Area 51 Discovery in MIDLAND EXPLORATION INC.

MONTREAL, Nov. 27, 2019 (GLOBE NEWSWIRE) -- Midland Exploration Inc. (“Midland”) (TSX-V: MD) is pleased to announce the acquisition, by map designation, of 100% interest in three (3) new properties with strong gold potential, totalling 205 claims (110 km2) and located near the major Sunday Lake and Lower Detour deformation zones as well as the recent Area 51 discovery made by Wallbridge Mining Company Limited (“Wallbridge”) west of the Fenelon deposit.


These new acquisitions, named Jeremie, Gaudet and Fleuribleu, complement the properties already held by Midland in the area, namely Casault JV, La Peltrie, Adam and Samson, such that Midland now controls a combined total strike length of more than 85 kilometres along the major Sunday Lake and Lower Detour deformation zones and their subsidiary structures.


Since 2009, Midland has been one of the most aggressive mineral exploration companies to take a strategic position in the Detour Lake belt and has built an impressive portfolio of seven (7) high-quality gold properties now totalling 1,320 claims (730 km2) along the lateral extensions of the Detour Lake mine* and recent gold discoveries in Zone 58N*, Area 51-Fenelon* and Martiniere/Bug Lake* (*please refer to note at the end of this press release). 


On November 25th 2019,  Kirkland Lake Gold Ltd. announced the acquisition of Detour Gold Corp. who operates the Detour Lake mine in Ontario along the Sunday Lake fault, for an amount of approximately C$4.9 billion (see Detour Gold Corp. press release dated November 25 2019). In 2017, Midland and SOQUEM discovered the Vortex zone along the Sunday Lake fault at about 35 kilometres east of the Detour Lake mine. The Vortex zone is a significant gold-bearing system associated with alkaline intrusions (see Midland Exploration Inc. press release dated January 17 2018).








  Vortex 450 zone – Midland  (best results – previously disclosed results)


  • 1.38 g/t Au over 26.5 m, incl. 7.87 g/t Au over 2.2 m, incl. 14.55 g/t Au over 0.8 m (CAS-17-96)

  • 1.30 g/t Au over 23.5 m, incl. 3.46 g/t Au over 6.0 m, incl. 23.6 g/t Au over 0.5 m (CAS-17-95)


Cautionary statement:


The true thickness of reported drill intercepts cannot be determined with the information currently available.


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8020 Admin

4 months ago

8020 Admin posted a press release Midland Discovers New Gold-Rich Boulders Northeast of Mythril and Continues to Intersect New Cu-Au-Mo-Ag Mineralization in Drill Hole in MIDLAND EXPLORATION INC.

MONTREAL, Nov. 07, 2019 (GLOBE NEWSWIRE) -- Midland Exploration Inc. (“Midland”) (TSX-V: MD) is pleased to report the discovery, by prospecting, of new gold-rich granodiorite boulders (float) in the northeast part of its Mythril project. These boulders are characterized by high gold grades (between 0.59 g/t Au and 2.83 g/t Au) combined with relatively low copper values (<0.15% Cu). This is a new type of mineralization on the project and suggests a previously unsuspected potential for gold-dominated mineralization on Mythril. New Cu-Au-Mo-Ag zones were also intersected during the phase III drilling program in the main Mythril area.


Discovery of new gold-rich boulders northeast of Mythril


During the prospecting campaign conducted in September, several new mineralized boulders and one showing were discovered in the northeast part of the Mythril claim block. The latter are located approximately 6.5 kilometres northeast of the main Mythril area and 2 kilometres north of the Cu-Au-Mo-Ag float fields discovered in August (see press release dated September 5, 2019).


The three northernmost boulders are scattered over a distance of 150 metres and are characterized by high gold grades (2.84 g/t Au; 2.83 g/t Au; 0.59 g/t Au; grab samples) combined with low copper (<0.15% Cu) and molybdenum (<0.01% Mo) values. Mineralization consists of pyrite (up to 1%), magnetite and trace chalcopyrite in a granodiorite with biotite alteration. This is the first occurrence of predominantly gold mineralization on Mythril. Areas to the north, east and west of these boulders remain unexplored.


Ten (10) new granodiorite boulders with Cu-Au-Mo-Ag mineralization were also discovered further south. These boulders yielded average grades of 0.32% Cu, 0.38 g/t Au, 0.04% Mo and 4.7 g/t Ag (grab samples). A showing with grades of 0.48% Cu, 0.93 g/t Au and 15.9 g/t Ag was also discovered in the vicinity. The boulders and the showing are also relatively gold-rich compared to other mineral occurrences on the Mythril project. These observations suggest a systematic increase in gold versus copper content to the east and north of the project. This type of multi-kilometre-scale variation is typical of large-scale hydrothermal systems.


Final results of phase III drilling on Mythril (MYT-19-027 to MYT-19-036, MYT-19-014-EXT)


Drill hole MYT-19-33 tested the depth extension, to the west, of mineralization intersected in drill holes MYT-19-006 (1.41% CuEq.* over 12.55 metres) and MYT-19-011 (2.04% CuEq.* over 9.0 metres). The drill hole intersected seven (7) higher-grade mineralized zones from 168.0 to 261.1 metres, forming an envelope grading 0.11% Cu, 0.06 g/t Au and 2.7 g/t Ag (0.19% CuEq.*) over 93.1 metres, including 0.24% Cu, 0.22 g/t Au and 10.1 g/t Ag (0.47% CuEq.*) over 21.29 metres (223.62-244.91 metres). One of these zones is particularly enriched in precious metals, with grades of 5.43% Cu, 8.78 g/t Au and 400 g/t Ag (14.52% CuEq.*) over 0.51 metre (234.69-235.2 metres). It is characterized by a quartz-bornite vein with disseminated chalcopyrite in the granodioritic country rock. Another zone also graded 1.28% Cu, 0.09 g/t Au, 0.02% Mo and 5.5 g/t Ag (1.45% CuEq.*) over 1.4 metres, from 259.7 to 261.1 metres.


Drill hole MYT-19-029 tested the western extension of mineralization encountered in drill hole MYT-19-006. The hole intersected three high-grade mineralized intervals. The most significant graded 0.91% Cu, 0.21 g/t Au, 0.01% Mo and 6.5 g/t Ag (1.14% CuEq.*) over 3.98 metres (146.69-150.67 metres), whereas the other two yielded values of 1.28% Cu, 0.21 g/t Au, 0.15% Mo and 12.4 g/t Ag (2.11% CuEq.*) over 0.53 metre (178.3-178.83 metres), and 1.18% Cu, 0.13 g/t Au, 0.05 % Mo and 6.6 g/t Ag (1.50% CuEq.*) over 0.61 metre (224.69-225.3 metres).


Drill hole MYT-19-028 tested the depth extension of mineralization intersected in drill hole MYT-19-012 (2.83% CuEq.* over 3.05 metres). It intersected a mineralized zone grading 0.56% Cu, 0.12 g/t Au and 4.1 g/t Ag (0.69% CuEq.*) over 4.1 metres (274.75-278.85 metres). This zone is included in a wider interval grading 0.17% Cu, 0.03 g/t Au and 1.1 g/t Ag (0.20% CuEq.*) over 40.25 metres (274.75-315.0 metres).


Drill hole MYT-19-032 tested the eastern extension of mineralization encountered in drill hole MYT-19-011 (2.04% CuEq.* over 9.0 metres). It intersected several mineralized intervals, including a zone grading 0.36% Cu, 0.03 g/t Au and 1.2 g/t Ag (0.41% CuEq.*) over 7.39 metres (346.61-354.0 metres). Two additional higher-grade zones yielded values of 1.20% Cu, 0.13 g/t Au, 0.07% Mo and 8.4 g/t Ag (1.62% CuEq.*) over 0.6 metre (264.36-264.96 metres), and 0.68% Cu, 0.08 g/t Au, 0.07% Mo and 2.5 g/t Ag (1.04% CuEq.*) over 0.58 metre (328.48-329.06 metres).


Drill hole MYT-19-030 tested the depth extension of mineralization intersected in drill hole MYT-19-011. Three high-grade mineralized intervals were intersected. The most significant zone graded 0.58% Cu, 0.08 g/t Au, 0.03% Mo and 4.0 g/t Ag (0.77% CuEq.*) over 3.34 metres, from 160.95 to 164.29 metres. Another zone also yielded values of 3.22% Cu, 1.70 g/t Au, 0.03% Mo and 26.2 g/t Ag (4.68% CuEq.*) over 0.5 metre (174.34-174.84 metres). These two zones are included in a wider interval grading 0.18% Cu, 0.08 g/t Au, 0.01% Mo and 1.4 g/t Ag (0.28% CuEq.*) over 23.23 metres (151.61-174.84 metres). A third zone yielded values of 0.88% Cu, 0.08 g/t Au and 6.7 g/t Ag (1.01% CuEq.*) over 1 metre (215.0-216.0 metres).


Drill hole MYT-19-035 tested the bedrock near the Arwen gold-rich boulder field (section 3500E). It intersected a mineralized zone grading 0.17% Cu, 0.04 g/t Au, 0.11% Mo and 0.2 g/t Ag (0.61% CuEq.*) over 4.28 metres (37.10-41.38 metres), including a particularly molybdenum-rich interval, which graded 0.10% Cu, 0.02 g/t Au, 0.69% Mo and 0.2 g/t Ag over 0.51 metre (40.87-41.38 metres).


Several other intervals with grades above 1% CuEq.* were intersected during the drilling campaign, as shown in the adjoining figures. Best results from drill holes MYT-19-027 to 036 and 14-EXT are summarized in the following table.


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8020 Admin

4 months ago

8020 Admin posted a press release Midland Announces the Discovery of Several New Showings and Boulder Fields With Cu-Au-Mo-Ag Mineralization on the Mythril Regional Project in MIDLAND EXPLORATION INC.

MONTREAL, Oct. 31, 2019 (GLOBE NEWSWIRE) -- Midland Exploration Inc. (“Midland”) (TSX-V: MD) is pleased to report the discovery, by prospecting, of several new showings and boulder fields (float) with Cu-Au-Mo-Ag mineralization on its Mythril regional project. In addition to the principal Mythril claim block, which hosts the Mythril discovery, the regional project consists of four (4) main claim blocks located to the northeast, east and southeast of the Mythril block. These new surface discoveries are all located in areas that have seen little previous exploration. They also underscore the excellent potential of the Mythril area for copper, gold, molybdenum and silver mineralization.


Highlights



  • New Tornado Au-Cu-Mo showing, with values up to 4.7 g/t Au and 0.39 % Cu in grab samples; mineralized float yielding 3.13 g/t Au and 0.35 % Cu in a grab sample in the same area (Tilly claim block, Pasithee area).


  • New Eomer gold showing in an iron formation: 2.79 g/t Au and 1.31 g/t Au in grab samples (Tilly south claim block)


  • New Faramir showing yielding up to 0.34 % Cu, and the Boromir float field containing 22 mineralized floats yielding an average of 0.12 % Cu (grab samples; Tilly south claim block, western area). The showing and the floats occur as dense stockworks of quartz, chlorite, ankerite, epidote veins, in very strongly altered granitoids.


  • New Mo-bearing showing and floats northeast of Faramir: up to 1.72 % Mo (grab sample from a locally sourced float).


  • New Mo-Au-Cu showing on the new Corvette claim block: up to 3.84 g/t Au and 0.45 % Mo (grab sample, locally sourced float); up to 1.79 % Mo (grab sample from an outcrop).


  • Arsenopyrite-bearing tonalite float discovered on the Corvette claim block, that yielded 3.47 g/t Au and 1.1 g/t Au (grab samples).


Note that grab samples are selective by nature and grades obtained are not representative of mineralized zones.


New showings and boulders with Cu-Mo-Au and Au mineralization on the Tilly South claim block


The Tilly South claim block is located approximately 35 kilometres northeast of the Mythril discovery. It consists of 391 claims that were map designated in 2018 based on the presence of strong copper and molybdenum anomalies in lake sediments, which were identified using public data from the Government of Quebec. In the northern part of the claim block, a grab sample collected in the summer of 2019 in a decimetre-scale zone with chalcopyrite mineralization in a paragneiss, graded 1.49% Cu, 1.15 g/t Au and 15.6 g/t Ag (Pasithée showing). Another grab sample collected in 2018 (unpublished data), approximately 10 metres further west in the same mineralized zone, graded 0.58% Cu, 0.60 g/t Au and 14.3 g/t Ag. Another polymetallic occurrence, the Tornado showing, was also discovered in an unexplored area 1 kilometre east of the Pasithée showing. The Tornado showing displays different styles of mineralization and appears to be particularly gold-rich. A grab sample from a decimetre-scale zone containing chalcopyrite graded 4.7 g/t Au, 0.39% Cu and 3.58 g/t Ag. On the same outcrop, a grab sample from a zone with molybdenite-filled fractures graded 2.11 g/t Au and 0.02% Mo. Finally, a centimetre-scale quartz-feldspar vein on the same outcrop graded 0.05% Mo and 0.26 g/t Au (grab sample). Approximately 200 metres southeast of the Tornado showing, a grab sample from an angular boulder of paragneiss with chalcopyrite-rich bands graded 3.13 g/t Au, 0.35% Cu and 6.66 g/t Ag. Similar to the Tornado showing, this glacial erratic is particularly gold-rich.


In the western part of the claim block, approximately 13 kilometres southwest of the Tornado showing, another copper-molybdenum mineralized system was uncovered in the summer of 2019. The Faramir showing is a new copper-molybdenum occurrence, where four (4) grab samples yielded an average grade of 0.17% Cu, the highest at 0.34% Cu (sample S410738), with locally anomalous molybdenum values (up to 0.02% Mo). The showing consists of disseminated chalcopyrite in a highly altered granite with strong quartz, chlorite, ankerite and epidote veining. A total of 22 boulders of chalcopyrite-bearing granitoid were also discovered in the vicinity. These boulders are strongly altered and exhibit intense veining (quartz, chlorite, epidote, ankerite). Grab samples yielded an average grade of 0.12% Cu, reaching up to 0.45% Cu (sample S410734). These boulders are very similar to the Faramir showing and are scattered over an area of approximately 1 kilometre by 500 metres. About 400 metres northeast of the Faramir showing, several locally sourced boulders with quartz-molybdenite veining were discovered. Three (3) grab samples from these boulders graded 1.72% Mo, 0.51% Mo and 0.04% Mo. Nearby outcrops host the same type of mineralization, and two (2) grab samples yielded grades of 0.2% Mo and 0.07% Mo. These new showings and boulders appear to represent the external portion (propylitic alteration) of a magmatic-hydrothermal system. Additional work is required to locate the potentially economic portion of the system related to the potassic alteration zone. No previous exploration has ever been conducted in this area. Strong copper and molybdenum anomalies in lake sediments occur in the vicinity of these new showings and boulder fields.


A new gold showing, the Eomer showing, was also discovered in the central part of the Tilly South block. It consists of quartz-pyrite±chalcopyrite veins in a shear zone that cuts across a silicate-facies iron formation. Three (3) grab samples graded 2.79 g/t Au, 1.31 g/t Au and 0.14 g/t Au, along with strong bismuth (up to 0.013% Bi) and tellurium (up to 17.9 g/t Te) values.


These newly discovered showings and boulder fields on the Tilly South claim block represent the first-ever evidence of copper, molybdenum and gold mineralization in this poorly explored area covering more than 200 square kilometres.


New Mo-Cu-Au showings on the Corvette claim block


The Corvette claim block (231 claims) is located 35 kilometres southeast of Mythril and was recently acquired by map designation. Prospecting work carried out in September led to the discovery of a new Mo-Cu-Au-Ag showing in this area. Five (5) grab samples collected on outcrops scattered over an area of approximately 30 metres yielded average grades of 0.65% Mo, 0.1% Cu, 0.09 g/t Au, 6.0 g/t Ag, and up to 1.79% Mo (sample S410856). A grab sample from a nearby subcrop also graded 3.84 g/t Au and 0.45% Mo. Mineralization on the Corvette block occurs as tonalite-hosted stockworks of quartz veinlets and fractures filled with molybdenite and chalcopyrite, and is interpreted as molybdenum-copper-gold porphyry-type mineralization. Finally, two (2) grab samples from a metre-scale boulder of tonalite with arsenopyrite mineralization graded 3.47 g/t Au and 1.1 g/t Au. The provenance of this boulder is unknown. The Corvette block also covers the boundary between the La Grande and Opinaca subprovinces, considered to be a first-order metallotect for gold in the James Bay region.


New Cu-Au-Mo showing and mineralized boulders on the Chisaayuu claim block


The Chisaayuu claim block is located approximately 60 kilometres east of Mythril. The block consists of 301 claims that were acquired by map designation in the fall of 2018 based on the presence of strong molybdenum and copper anomalies in lake sediments, which were identified using public data from the Government of Québec. Prospecting work carried out in the summer of 2019 led to the discovery of a new Cu-Au-Mo showing on the claim block. Nine (9) grab samples of mineralized granodiorite from the showing yielded average grades of 0.11% Cu, 0.01% Mo and 0.2 g/t Au, with values reaching up to 0.79 g/t Au and 0.22% Cu (sample A0350715), and 0.03% Mo (sample A0350714). Mineralization consists of disseminations and veinlets of chalcopyrite and molybdenite in a granodiorite accompanied by epidote, chlorite and sericite alteration. Approximately 800 metres southwest of the showing, a grab sample from a boulder of diorite with chalcopyrite-pyrite-molybdenite mineralization graded 0.75 g/t Au, 0.11% Cu, 0.06% Mo, 9.9 g/t Ag and 0.38% Zn. This is the first copper-molybdenum-gold occurrence ever reported on the claim block. No previous work has been reported for this area.


Copper, gold and molybdenum potential on the Mythril regional project


Prospecting work carried out in the summer of 2019 has identified four new areas with “magmatic-hydrothermal” copper, gold and molybdenum occurrences. These areas have seen little exploration in the past. The new discoveries outline the excellent potential of the Mythril area for this type of mineralization. Ground geophysical surveys (induced polarization) will be conducted in the winter of 2020 on these new prospective areas.


Quality control


Exploration program design and interpretation of results are performed by qualified persons employing a Quality Assurance/Quality Control program consistent with industry best practices, including the use of standards and blanks with every 20 samples. Rock samples on the project are assayed for gold by standard 30-gram fire-assaying with inductively coupled plasma atomic emission spectroscopy (ICP-AES; Au-ICP21) or gravimetric finish (Au-GRA21) at ALS Minerals laboratories in Vancouver, British Columbia. All samples are also analyzed for multi-elements using the four-acid ICP–AES method (ME-ICP61), also at ALS Minerals laboratories in Vancouver, British Columbia. Samples that exceed 1% copper, zinc, molybdenum or nickel are reanalyzed by four-acid ICP-AES optimized for high grades.


About Midland


Midland targets the excellent mineral potential of Quebec to make the discovery of new world-class deposits of gold, platinum group elements and base metals. Midland is proud to count on reputable partners such as BHP Billiton Canada Inc., Agnico Eagle Mines Limited, Osisko Mining Inc., SOQUEM INC., Nunavik Mineral Exploration Fund, and Abcourt Mines Inc. Midland prefers to work in partnership and intends to quickly conclude additional agreements in regard to newly acquired properties. Management is currently reviewing other opportunities and projects to build up the Company portfolio and generate shareholder value.


This press release was prepared by Sylvain Trépanier, P.Geo., VP Exploration James Bay and Northern Quebec for Midland and Qualified Person as defined by NI 43-101, who also approved the technical content of this press release.


For further information, please consult Midland’s website or contact:


Gino Roger, President and Chief Executive Officer
Tel.: 450 420-5977
Fax: 450 420-5978
Email: info@midlandexploration.com


Website: www.midlandexploration.com


Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.


This press release may contain forward-looking statements that are subject to known and unknown risks and uncertainties that could cause actual results to vary materially from targeted results. Such risks and uncertainties include those described in Midland’s periodic reports including the annual report or in the filings made by Midland from time to time with securities regulatory authorities.


Photos accompanying this announcement are available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/cdd75907-f9cc-48c5-ba5c-f3655e4ac114
https://www.globenewswire.com/NewsRoom/AttachmentNg/e0948cd1-b1dc-4bbf-9d3a-523ff76cb18a
https://www.globenewswire.com/NewsRoom/AttachmentNg/7547f712-47d9-4440-9d3a-1674415d947f
https://www.globenewswire.com/NewsRoom/AttachmentNg/010aae70-fb5e-4bdb-b9de-4c40a27f02c8
https://www.globenewswire.com/NewsRoom/AttachmentNg/9247f222-9866-46eb-ac1c-0b06087b870e
https://www.globenewswire.com/NewsRoom/AttachmentNg/b64b1dc4-e3f6-497a-8149-538338b4d254
https://www.globenewswire.com/NewsRoom/AttachmentNg/fd8c8fbf-9523-4223-b69c-821fefefd604
https://www.globenewswire.com/NewsRoom/AttachmentNg/99893e7b-15a3-413a-87de-dde5d0d0b3c4
https://www.globenewswire.com/NewsRoom/AttachmentNg/54f1006a-6b99-41f9-9686-1dcaeeb34e9c
https://www.globenewswire.com/NewsRoom/AttachmentNg/bb0eba08-784b-45c1-ac05-83a7c5a60d97


Primary Logo



Mythril regional claim blocks



Mythril regional claim blocks



Tilly South - New 2019 showings



Tilly South - New 2019 showings



Boromir - Cu bearing floats



Boromir - Cu bearing floats



Boromir Cu-bearing floats - 2



Boromir Cu-bearing floats - 2



Faramir Cu showing



Faramir Cu showing



NE Faramir - Qtz-Mo veins in floats + outcrops



NE Faramir - Qtz-Mo veins in floats + outcrops



Corvette - New 2019 showings



Corvette - New 2019 showings



Corvette - Mo-Cu-Au mineralization



Corvette - Mo-Cu-Au mineralization



Corvette - Au-As float



Corvette - Au-As float



Chisaayuu - New 2019 showings



Chisaayuu - New 2019 showings



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