Midland and Niobay Commence Their First Drilling Campaign ON LA Peltrie, Southeast of Detour Gold’S Zone 58N
MIDLAND AND NIOBAY COMMENCE THEIR FIRST DRILLING CAMPAIGN ON LA
PELTRIE, SOUTHEAST OF DETOUR GOLD’S ZONE 58N
Montreal, October 10, 2017. Midland Exploration Inc. (“Midland”) (TSX -V: MD) is pleased to
announce the commencement of a diamond drilling cam paign in partnership with NioBay Metals Inc.
(“NioBay”) on its La Peltrie gold property, currently wholly owned by Midland. The La Peltrie
property now consists of 520 claims totalling approximately 288 square kilometres and covers, over
more than 25 kilom etres, a series of NW -SE-trending subsidiary faults to the south of the regional
Lower Detour Fault.
This first drilling campaign begins in the wake of a new option agreement recently concluded with
NioBay (see press release by Midland dated September 6, 2017) and will include a minimum of six
(6) drill holes totalling 1,500 metres. This program is mainly designed to test new structural,
geological, and geophysical targets identified following compilation work and OreVision® IP
geophysical surveys conducte d in 2016 and 2017. These new high -priority targets include a major
interpreted structure trending NW -SE, cross-cutting at a shallow angle a gold -bearing iron formation
where historical drilling yielded grades of 0.24 g/t Au over 19.50 metres (drill hole 11-493-01) and
0.35 g/t Au over 9.30 metres (drill hole 11-493-02).
This property with strong gold potential is located approximately 25 kilometres southeast of Zone
58N, a high -grade gold zone in the Lower Detour area held by D etour Gold Corp. ( “Detour Gold”).
Best results obtained so far in drilling in Zone 58N in the Lower Detour area include values of
11.82 g/t Au over 32.40 metres and 12.74 g/t Au over 28.0 metres ( see press release by Detour Gold
dated June 2, 2014 ). (Note that assays are reported a s core lengths and that true thicknesses cannot
be determined at this time with the information currently available).
The La Peltrie property is also located about 25 kilometres northwest of the former Selbaie mine,
which historically produced 56.5 mil lion tonnes grading 1.9% Zn, 0.9% Cu, 38.0 g/t Ag and
0.6 g/t Au. In addition, the property is next to the B26 deposit, currently held by SOQUEM, which
contains indicated resources of 3.97 million tons at a grade of 0.88 % Cu, 0.38 % Zn, 0.34 g/t Au and
12.40 g/t Ag (pit) as well as 2.81 million tons at a grade of 1.32 % Cu, 0.69 % Zn, 0.54 g/t Au and
13.32 g/t Ag (underground). It contains also inferred resources of 3.99 million tons at a grade of
1.57 % Cu, 0.84 % Zn, 0.38 g/t Au and 10.22 g/t Ag (un derground) as well as 3,000 tons at a grade of
1.20 % Cu, 0.02 % Zn, 0.14 g/t Au and 4.34 g/t Ag (pit) (Source: SGS Canada Inc. NI 43 -101
Technical Report dated February 3 2016). Recent drilling by Soquem on this deposit returned new
Zn-Ag and Cu-Au zones yielding up to 21.2% Zn, 526.6 g/t Ag, 3.8% Pb and 0.7% Cu over 3.4 metres
(drill hole 1274-16-228) and 12 .2% Cu, 1 .3 g/t Au and 14.0 g/t Ag over 2.0 metres (drill hole 1274-
16-236). ). (Midland cautions that the mineralization at the Selbaie Mine and at the Lower Detour
Zone 58N may not be indicative of the mineralization that may be identified on the La Peltrie
property).
Maps showing the location of the new option agreement with Niobay for the La Peltrie property , as
well as the new drilling targets, m ay be consulted using the following link:
http://media3.marketwire.com/docs/1103274.pdf
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 elemen ts. Midland is proud to
count on reputable partners such as NioBay Metals Inc., Agnico Eagle Mines Limited, Teck Resources
Limited, Osisko Mining Inc., Altius Minerals Corp., IAMGOLD Corporation, SOQUEM INC., Japan
Oil and Gas and Metals National Corporati on 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, VP Exploration for Midland, certified geologist and
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]
Website: www.explorationmidland.com
Neither TSX Venture Exchange nor its Regulation Se rvices 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 risk s 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.