Midland and Soquem Discover a New GOLD-Bearing Boulder and Zinc- Copper Showings IN the Labrador Trough
MIDLAND AND SOQUEM DISCOVER A NEW GOLD-BEARING BOULDER AND ZINC-
COPPER SHOWINGS IN THE LABRADOR TROUGH
Montreal, December 16, 2021. Midland Exploration Inc. (“Midland”) (TSX-V: MD), in partnership
with SOQUEM, is pleased to announce the acquisition of 160 claims based on the latest results of a
reconnaissance campaign conducted last summer under the Labrador Trough Strategic Alliance
concluded in February 2021.
Highlights:
• Discovery of a gold-bearing boulder (40.8 g/t Au) in the Lac à Terre Rouge area
• New Zn-Cu showing (5.64% Zn, 0.14% Cu) located 4.5 km northwest of the Lac Lelièvre
showing
• Lac Lelièvre showing extended 25 m to the northwest (0.17 g/t Au, 30 g/t Ag, 2.3% Zn,
472 ppm Cu, 0.6% Pb)
The new gold-bearing boulder is located approximately 125 km south of Kuujjuaq, in the Lac à Terre
Rouge area. A grab sample taken from a metre-scale boulder yielded a grade of 40.8 g/t Au. Gold appears
to be associated with quartz veins and pyrite mineralization. The area up-ice from this boulder has seen
very little exploration. A total of 148 claims were acquired in this area.
In the Lac Lelièvre area, 95 km south of Kuujjuaq, grab sample results successfully extended the horizon
hosting the Lac Lelièvre showing (Cu -Zn) by another 25 m to the northwest. The grab sample yielded
grades of 2.3% Zn, 0 .48% Cu, 0 .17 g/t Au and 30 g/t Ag. A second sample collected some 4.5 km
northwest of the Lac Lelièvre showing returned 5.64% Zn and 0.14% Cu. These samples are associated
with massive to semi -massive sulphides in metasedimentary rocks. The massive sulphides consist of
pyrrhotite, chalcopyrite and sphalerite. The Zn, Cu, Au, Ag, As, Pb, Sb metal signature of these samples
is typical of Besshi -type VMS deposits. Twelve (12) new mining claims were added north of the
Lelièvre claim block to cover these new results.
These results confirm the excellent potential of the Labrador Trough for numero us types of mineral
deposits, including in areas that have remained underexplored until now. Midland and SOQUEM are
planning on returning in the Labrador Trough for two (2) exploration campaigns during the summer of
2022.
Cautionary statement:
Note that grab sample grades may not be representative of mineralized zones.
Quality control
Rock samples from the project are analyzed by standard fire-assay on 30-gram fractions with atomic
absorption finish (Au-AA23) o r gravimetric finish (Au-GRA21) at ALS Laboratories in Val-d’Or,
Quebec, or Sudbury, Ontario. All samples are also analyzed for multi-elements using the four-acid ICP-
MS method. Exploration programs are designed, and results are interpreted by Qualified Persons
employing a Quality Assura nce/Quality Control program consistent with industry best practices,
including the use of standards and blanks for every 20 samples.
About Midland
Midland targets the excellent mineral potential of Quebec to make the discovery of new world -class
deposits o f gold, platinum group elements and base metals. Midland is proud to count on reputable
partners such as SOQUEM Inc., BHP Canada Inc., Rio Tinto Exploration Canada Inc. , Probe Metals
Inc., Wallbridge Mining Company Ltd, Agnico Eagle Mines Limited, Osisko Development Corp .,
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 Corporation portfolio and generate
shareholder value.
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. 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.
This press release was prepared by Mario Masson, P.Geo., VP Exploration for Midland 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.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.
Midland-SOQUEM Alliance in the Labrador Trough
New Gold-Bearing
Boulder
(40.8 g/t Au)
Lelièvre Sector
(Au, Ag, Zn, Cu)
New Gold-Bearing Boulder
(40.8 g/t Au)
*New claims*
Lelièvre NW new zinc Showing
(5.64% Zn, 0.14% Cu)
Lac Lelièvre Showing EXT
(0.17g/t Au, 30g/t Ag, 2.3% Zn,
472ppm Cu, 0.66% Pb)
High Grade Gold Discovery in Metre-Scale Boulder
C878152: 40.8g/t Au
C878152: 40.8g/t Au
C878152: 40.8g/t Au
Lelièvre North-West:
In The NW Trend of The Lac Lelièvre Showing
C877782: 5.64% Zn, 0.14%, 18ppb Au
Lelièvre Showing Extension:
A Typical Besshi-Type VMS Metallic Signature
Lac Lelièvre Showing EXT: 0.17g/t Au, 30g/t Ag, 2.3% Zn, 472ppm Cu, 0.66% Pb