Brunswick IN Partnership with Midland Begins a First Exploration Program FOR Lithium ON the Mythril Project North of Patriot Battery Metals Corvette Project
BRUNSWICK IN PARTNERSHIP WITH MIDLAND BEGINS A FIRST EXPLORATION
PROGRAM FOR LITHIUM ON THE MYTHRIL PROJECT NORTH OF PATRIOT
BATTERY METALS CORVETTE PROJECT
Montreal, August 29, 2023. Midland Exploration Inc. (“Midland” or the “Corporation”) (TSX-
V: MD) is pleased to announce the start of a first exploration program for lithium mineralization on its
Mythril project, operated by Brunswick Exploration Inc. (“Brunswick”). The Mythril project is under
an option agreement with Brunswick since November 2022 (see Midland press release of November
10, 2022). The Mythril project is located in the Eeyou Istchee James Bay region immediately north of
Patriot Battery Metals Inc.’s (“Patriot”) Corvette project.
Highlights
• New structural interpretation, derived f rom magnetic data , reveals north -east trending
structures, oriented like Patriot’s CV13 pegmatites;
• Lithium lake bottom anomalies were identified on the Mythril project following statistical
treatment;
• Well located immediately north of Patriot’s CV5 spodumene pegmatite with inferred 109.2
Mt at 1.42% Li2O (0.40% Li2O cut-off)
The Eeyou Istchee James Bay region is cur rently the focus of an explorat ion rush for lithium
pegmatites. The Mythril project is located about 1.5 kilometres north of lithium pegmatites discovered
on Corvette as reported by Patriot. The Mythril project consists of 380 claims totalling 193.7 s quare
kilometres. A recent maiden resource estimate by Patriot on its CV5 pegmatite (see Patriot’s press
release dated July 30, 2023) yielded inferred resources of 109.2 Mt at a grade of 1.42% Li2O with a
cut-off grade of 0.40% , leading to establish CV5 as the largest lithium pegmatite resource in the
Americas.
New targets and Mythril exploration program for lithium
Initially, the program will mai nly focus on th e southern part of the project , near Corvettes’ lithium
discoveries. Several i mportant structural tren ds were identified by Brunswick and interpreted from
high-resolution magnetic da ta on th e Mythril project . These targeted n orth-east trending st ructures
share the same orientation as Patriot’s CV13 spodumene pegmatites. These structures will be targeted
by a helicopter-supported prospecting and mapping exploration program, as well as a LiDAR survey.
Furthermore, two new lake bottom lithium anomalies were identified south on the project, following a
regional statistical treatment of more than 23,000 a nalyses and completed by Midland (see Midland’s
press re lease of March 6, 2023). The My thril project has not yet specifically been expl ored for
lithium.
Cautionary statement:
Mineralization oc curring on the Corvette project held by Patriot is not necessarily indicative of
mineralization that may be identified on properties held by Midland discussed in this press release.
About Midland
Midland targets the excel lent mineral potentia l of Quebec to make the discovery of new world -class
deposits of gold and critical metals . Midland is proud to count on reput able partners such as
Brunswick, BHP Canada Inc., R io Tinto E xploration Canada I nc., Barrick Gold Corporation, Probe
Gold Inc., Wallbridge Mining Company Ltd , Agnico Eagle Mines Limited, Osisko Development
Corp., SOQUEM INC., Nunavik Mineral Exploration Fund, and Abcourt M ines Inc. Midland prefers
to work in partner ship and intends to quickly con clude additional agreements in regard t o newly
acquired properties. Management is currently reviewing other opportunitie s and projects to build up
the Company portfolio and generate shareholder value.
This press release was prepared by Mario Masson, VP Exploration for Midland, certified geologist and
Qualified Person as defined by NI 43-101. For further information, p lease consult Midland’s website
or contact:
Gino Roger, President, and Chief Executive Officer
Tel.: 450 420-5977
Fax: 450 420-5978
Email: [email protected]
Website: www.midlandexploration.com
Neither TSX Venture Exc hange nor its Regulation Services Provider (as that term is defined i n the
policies of the T SX Venture Exchange) accepts responsibility for the adequacy or accuracy of this
release.
This press release may contain forward -looking statements that are subjec t to known and unknown
risks and uncertaint ies that could cause actua l results to vary materially from ta rgeted results. Such
risks and uncertainties includ e 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.
1
James Bay: Main Lithium Prospects
1
Tonalitic Unit
Gneiss
Metavolcanic
Metasediment
Granite
Main Road
Midland Project
Lithium Occurrences
Whabouchi
Li Deposit
(Nemaska)
James Bay
Li Deposit
(Allkem)
Corvette Li
pegmatites (Patriot
Battery Metals)
Rose Li
Deposit
Sirmac Li
Deposit
Moblan Li
Deposit
New Li Discovery
Adina (Winsome)
Elrond project
Brunswick Option
Mythril project
Brunswick Option
2
Mythril Lithium Project Area
2
Tonalitic Unit
Gneiss
Metavolcanic
Metasediment
Granite
Mythril East (West block)
Rio Tinto Option
Tilly South
Lasalle project
Cosmos Option
Main Road
Midland Project
Lithium Occurrences
Power line
Chisaayuu project
Rio Tinto Option
Corvette Li pegmatites
(Patriot Battery Metals)
New Li Discovery
Adina (Winsome)
Galinée project
Rio Tinto Option
Mythril project:
Brunswick Option
Corvette project
Rio Tinto Option
Mythril East
(East block)