Midland Exploration Inc. Provides an Update on its Exploration Activities
Nov 12 13
Midland Exploration Inc. provided an update on its various ongoing exploration activities across Quebec, including projects in partnership with Agnico Eagle Mines Limited ("Agnico Eagle"), Teck Resources Limited ("Teck"), Osisko Mining Corporation ("Osisko"), Maudore Minerals Ltd. ("Maudore") and Japan Oil, Gas and Metals National Corporation ("JOGMEC"). To date in 2013, more than 7,500 metres were drilled, several new geophysical surveys were completed as well as prospecting, trenching and channel sampling. The results of this work have led to the discovery of new gold and platinum group elements ("PGE") showings, outlining of several new prospective areas and identification of high-priority drill targets for 2014. The wholly owned Patris project comprises 218 claims covering a surface area of about 90 square kilometres located less than 10 kilometres northwest of the prolific Doyon/Westwood-Bousquet-La Ronde gold mining camp. The Patris property offers excellent gold potential as it covers the Manneville Fault over more than 8 kilometres, and the La Pause Fault over more than 10 kilometres, both recognized as subsidiary faults to the famous Destor-Porcupine Fault Zone. The Maritime-Cadillac property is located along the Larder Lake - Cadillac break and is contiguous to the Agnico Eagle's Lapa gold mine property (2.1 million tonnes in proven and probable reserves categories at a gold grade of 6.0 g/t, for 395,000 ounces of gold), in commercial production since May 2009. The Maritime-Cadillac project is a joint-venture currently owned 51% by Agnico Eagle and 49% by Midland. The 2013 drill campaign, totaling 2,373 metres on the Maritime-Cadillac property, included five (5) underground holes drilled from the Lapa Mine's exploration drift 1,000 metres deep, and one (1) drill hole completed from the surface. The surface drill hole 141-13-35, aiming the Dyke West zone at a vertical depth of 600 metres, returned 1.5 g/t Au over 18.9 metres between 673.3 and 692.2 metres, including 1.85 g/t Au over 12.9 metres between 679.3 and 692.2 metres. This drill hole was completed about 300 metres below drill hole 141-10-26 which returned 8.6 g/t Au over 5.5 metres between 383.1 and 388.6 metres, including an interval of 13.8 g/t Au over 3.0 metres. The Dyke West zone remains completely open above drill hole 141-10-26, below hole 141-13-35, and laterally below the vertical depth of 500 metres. Underground drill holes intersected anomalous gold zones with values up to 1.92 g/t Au over 1.5 metre and 1.36 g/t Au over 1.5 metre in drill hole 101-S-02. Midland Exploration is currently planning a drill program to test the extensions of the Dyke West zone in 2014. The Laflamme project comprises 715 claims covering a surface area of about 365 square kilometres. This project is currently a joint venture with Aurbec Mines Inc., a wholly-owned subsidiary of Maudore. This project is located about 25 kilometres northwest of the town of Lebel-sur-Quevillon and about 30 kilometres east of the Sleeping Giant mine and mill in Quebec. The Jouvex property comprises 272 claims covering a surface area of approximately 143 square kilometres along the Casa Berardi-Douay-Cameron gold-bearing deformation zone. The Jouvex property is wholly owned by Midland and is located about 50 kilometres west of Matagami in the Abitibi region of Quebec. The Casault gold property comprises 286 claims exclusively owned by Midland covering an approximate area of 157 square kilometres. The Casault property covers a portion of the Sunday Lake Fault over more than 20 kilometres strike length and is located about 40 kilometres east of the Detour Lake gold deposit, which currently hosts, near surface, 15.6 million ounces of proven and probable mineral gold reserves. The Eleonore project encompasses Eleonore Centre and West properties for a combined total of 247 claims covering 128 square kilometres. These two blocks are located approximately 30 kilometres southwest from and in a geological environment similar to Goldcorp Inc.'s Eleonore deposit. This world-class gold deposit contains 3.15 million ounces of measured and indicated gold resources at an average grade of 11.92 g/t Au, and 6.25 million ounces of inferred gold resources at an average grade of 12.93 g/t Au per. In 2013, foreseeing significant price increases for the Platinum Group Elements ("PGE"), Midland acquired 477 new claims covering more than 217 square kilometres in the Labrador Trough. This new strategic acquisition covers a large, folded, pluri-kilometric ultramafic-mafic complex known for its strong PGE exploration potential. During 2013, in partnership with JOGMEC, exploration field works on the rare earth elements ("REE") Ytterby project were limited to the Strange Lake glacial dispersal train. The property comprises more than 400 claims, covering almost entirely, some 100 square kilometers of the Strange Lake glacial dispersal train. Field works included collecting 40 new mineralized blocks and 21 surface tills samples. This work confirmed the presence and good REE grades in the boulders and tills samples over more than 30 kilometers derived from the REE likely source, the B-Zone and the Strange Lake Deposits. From Soquem, Midland has recently acquired 100% interest in base metal rights on the Lingwick deposit located on its Weedon property. The Weedon property is located in the Ascot-Weedon felsic belt, about 120 kilometres south of Quebec City. With this new acquisition, Midland now holds all mineral rights on this deposit.
Midland Exploration Inc. Defines Several New Drilling Targets Along the Casa Berardi Fault
Oct 22 13
Midland Exploration Inc. reported that several new drilling targets have been defined on its Jouvex gold property following a helicopter-borne electromagnetic (VTEM) survey. The Jouvex property comprises 272 claims covering a surface area of approximately 143 square kilometres along the Casa Berardi-Douay-Cameron gold-bearing deformation zone. The Jouvex property is wholly owned by Midland and is located about 50 kilometres west of Matagami in the Abitibi region of Quebec. Due to its greater depth penetration in settings characterized by conductive clay-rich overburden, the VTEM survey totaling approximately 700 kilometres successfully defined several conductors that were previously undetected by historical airborne electromagnetic surveys. Many of these new conductors are located along the extensions of gold occurrences. Moreover, the new VTEM magnetic survey provided a better definition of the complex magnetic signature of this property, which encompasses several iron formation horizons. In addition, two induced polarization grids were completed during the summer of 2013, along the extension of a historical gold showing where a silicate iron formation horizon grading 6.2 g/t Au over 1.52 metre was intersected in drill hole. These IP surveys identified and clearly defined chargeability anomalies associated with resistivity lows (conductors).
Midland Exploration Inc. Begins Exploration Program on the Patris Gold Property
Oct 8 13
Midland Exploration Inc. announced the commencement of the exploration program on the Patris gold property, wholly owned by Midland and currently under option to Teck Resources Limited ("Teck") where Midland is the Operator. This project consists of 218 claims covering an underexplored area of about 90 square kilometres in La Pause and Clericy townships, only 30 kilometres northeast of Rouyn-Noranda and less than 10 kilometres northwest of the prolific Doyon/Westwood-Bousquet-La Ronde gold mining camp. The exploration program will primarily consist of trenching, prospecting, and soil geochemistry. This work will mainly focus on a new prospective area that was recently identified during the 2013 summer prospecting campaign, during which a new high-grade gold showing (Rosie) was discovered, with assay results up to 15.5 g/t Au in a grab sample. This new showing is associated with a network of quartz-pyrite veinlets injected in a felsic dyke with strong ankerite alteration, which has never been drill-tested. Trenching in this area is expected to provide a better understanding of the geological setting of this showing so as to orient future follow-up work. In parallel with the trenching program, prospecting work will focus on several new induced polarization anomalies identified proximal to the Destor-Porcupine Fault and soil geochemistry anomalies identified during the 2013 summer field program in the vicinity of the Rosie and KE-3 (4.7 g/t Au over 0.4 metre in channel sample) showings, in order to prioritize targets for an upcoming diamond drilling program proposed for early 2014.