Midland and Altius Announce the Discovery of a New Nickel-Copper- Cobalt Showing IN the James BAY Region Yielding up to 1.07% Ni, 0.24% Cu and 0.09% Co
MIDLAND AND ALTIUS ANNOUNCE THE DISCOVERY OF A NEW NICKEL-COPPER-
COBALT SHOWING IN THE JAMES BAY REGION YIELDING UP TO 1.07% NI, 0.24% CU
AND 0.09% CO
Montreal, August 17, 2017. Midland Exploration inc. (“Midland”) (TSX-V: MD) is pleased to announce
the discovery of a new nickel -copper-cobalt showing, in the context of its strategic exploration alliance
with Altius Minerals Corporation (“Altius”) (TSX: ALS). The mineralization consists in a meta-
pyroxenite with about 15% disseminated pyrrhotite and 3% pentlandite that returned 1.07% Ni, 0.24 %
Cu, 0.09% Co and 4.5% S from a grab sample from outcrop (note that grab samples are selective by
nature and values reported may not be representative) . Another outcrop of meta-pyroxenite located about
100 metres from the first sample location also returned 0.46% Ni with a low sulfur value of 1.11% in a
grab sample. The new showing is located about 12 km southeast of the Clearwater Au deposit and 25
kilometers east of Hydro-Quebec’s Eastmain-1 dam.
The new nickel-copper-cobalt showing is located in an area that was previously mapped as a large, km -
scale dioritic intrusion (Casey batholith) . However, preliminary field observations suggest that a large
part of the intrusion is in fact composed of primitive gabbros. No prior exploration work is reported in
government files in the immediate vicinity of the new discovery.
Following the discovery, Midland and Altius acquired 10 4 new claims (“Moria” project”) over the
interpreted extent of the mafic intrusive rocks hosting the mineralization. Midland and Altius consider the
discovery of this nickel showing to indicate strong Ni -Cu-Co potential for the area and are presently
designing a follow up exploration program for the claims.
Figures showing the location of the new discovery can be consulted using the following link :
http://media3.marketwire.com/docs/Figures_Communique_Moria.pdf
At the same time, Midland is very pleased to announce the nomination of Mr. Sylvain Trépanier as Vice
President Exploration, James Bay and North of Quebec
Mr. Trépanier holds a bachelor's degree in geology, a master's degree in earth science and a bachelor's
degree in computer science and software engineering from UQAM. Sylvain began his career for Noranda
in 1995 and worked on various projects in Quebec until 2 001. From 2004 to 2012, he worked has a
research geologist at CONSOREM. During his years working at CONSOREM, he has carried out
numerous research projects applied to Mineral exploration and has developed expertise recognized in
Quebec in various fields re lated to exploration: lake -bottom, streams and tills sediments geochemistry,
alterations lithogeochemistry, statistical data processing and potential mineral evaluation by artificial
intelligence. He is the author of several scientific articles, research r eports and public presentations. He
designed and developed the Lithomodeleur software for geochemistry treatment, which is now widely
used in Quebec by exploration companies, governments and universities. From 2012 to 2016, he worked
for Virginia Mines and Osisko Gold Royalties as Senior Research Geologist and was involved in most of
the company's projects in James Bay and the Labrador Trough. He is co -recipient of the QMEA Jean -
Descarreaux Award in 2011 with the CONSOREM team. Mr. Trépanier joined the Midland team in
November 2016.
Quality control
Rock samples on the project are assayed by standard 30 gram fire-assaying with AA or gravimetric finish
at ALS Minerals laboratories in Val d’Or, Québec or Sudbury, Ontario. All samples are also analysed for
multi-elements, using four -acid ICP –AES method. Exploration program design and interpretation of
results is 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.
About Altius
Altius directly and indirectly holds diversified royalties and streams that gen erate revenue from 15
operating mines. These are located in Canada and Brazil and produce copper, zinc, nicke l, cobalt, iron
ore, potash and thermal (electrical) and metallurgical coal. The portfolio also includes numerous pre ‐
development stage royalties covering a wide spectrum of mineral commodities and jurisdictions. In
addition, Al tius holds a large portfolio of exploration stage projects which it has generated for deal
making with industry partners that results in newly created royalties and equity and minority interests.
Altius has 43,208,291 common shares issued and outstanding that are listed on Canada’s Toronto Stock
Exchange under the trading symbol ALS. It is a member of both the S&P/TSX Small Cap and S&P/TSX
Global Mining Indices.
About Midland
Midland targets the excellent mineral potential of Quebec to make the discovery of new world -class
deposits of gold, platinum group elements, base metals and rare earth elements. Midland is proud to count
on reputable partners such as Altius Resources Inc. , Agnico Eagle Mines Limited, Teck Resources
Limited, IAMGOLD Corporation, Osisko Mining Inc., SOQUEM INC., Japan Oil Gas and Metals
National Corporation, 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 has been prepared by Sylvain Trepanier, P.Geo., VP Exploration for James Bay and
Northern Quebec at Midland, a “qualified person” as defined by NI 43 -101. 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 : [email protected]
Web : www.explorationmidland.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.