Midland and Soquem Discover a Significant “Syenite-Associated” GOLD System (Vortex Zone) East of Detour Lake
MIDLAND AND SOQUEM DISCOVER A SIGNIFICANT “SYENITE-ASSOCIATED” GOLD
SYSTEM (VORTEX ZONE) EAST OF DETOUR LAKE
Montreal, January 17, 2018. Midland Exploration Inc. (“Midland”) (TSX-V: MD) is pleased to
report the discovery of a significant gold system during its recent drilling campaign completed in the
fall of 2017 on the Casault gold project in joint venture (50/50) with SOQUEM INC. (“SOQUEM”).
The Casault property consists of 315 claims (173 square kilometres) and covers the Sunday Lake Fault
over more than 20 kilometres strike length, about 40 kilometres east of the Detour Lake mine. This
open pit mine hosts mineral reserves estimated at 14.1 million ounces of gold (“Moz Au”) consisting
in proven reserves of 87.7 million tonnes grading 1.27 g/t Au for 3.58 Moz Au, and probable reserves
of 353.8 million tonnes grading 0.92 g/t Au for 10.49 Moz Au.
Vortex Zone Highlights
Over the course of September and October 2017, a diamond drilling campaign consisting of five (5)
drill holes with a minimum spacing of 100 metres between drill holes and totalling 1,638.0 metres was
completed on the Casault property. During this campaign, a significant gold system including four (4)
new parallel gold zones, named Vortex 475, 450, 435 and 425, was identified. The envelope
encompassing these mineralized zones forms a corridor approximately 50 metres wide.
The most important gold zone i dentified to date at Vortex, Zone 450 , was intersected at shallow
vertical depth (75 to 250 metres) in all the drill holes of this camp aign, over a strike length of at least
500 metres. The zone trends east -west and is steeply dipping to the north; it remains open in all
directions.
Zone Vortex 450 (best results)
1.38 g/t Au over 26.5 m, incl. 7.87 g/t Au over 2.2 m, incl. 14.55 g/t Au over 0.8 m (CAS-17-96)
1.30 g/t Au over 23.5 m, incl. 3.46 g/t Au over 6.0 m, incl. 23.6 g/t Au over 0.5 m (CAS-17-95)
2.10 g/t Au over 6.7 m, incl. 6.82 g/t Au over 0.4 m and 5.58 g/t Au over 0.4 m (CAS-17-93)
1.91 g/t Au over 7.2 m, incl. 5.18 g/t Au over 1.4 m (CAS-17-94)
Zone 435, located approximately 15 metres south of Zone 450, was intersected mainly to the west, in
drill holes CAS-17-93 and CAS-17-94. This zone remains open to the west and at depth.
Zone Vortex 435 (best results)
3.50 g/t Au over 2.8 m, incl. 5.0 g/t Au over 0.95 m (CAS-17-93)
In addition to zones 450 and 435, two other zones with anomalous gold values (475 and 425) were
intersected in a few drill holes, approximately 25 metres north of Zone 450 and approximately
10 metres sout h of Zone 435 respectively. Drill hole CAS-17-96 intersected an interval grading
18.7 g/t Au over 0.50 metre in Zone 475.
This drilling campaign, completed in the fall of 2017, targeted the strike extensions of a new gold zone
that was initially identified in drill hole CAS-17-86 on section 628 100E near the Sunday Lake Fault
(see press release by Midland dated September 21, 2017 ). This drill hole intersected a gold -bearing
interval grading 3.1 g/t Au over 1.40 metres (180.50 to 181.90 m), inclu ding 3.94 g/t Au over 0.90
metre (181.00 to 181.90 m). This zone was included within a wider envelope with anomalous gold
values and strong hematite, carbonate and albite alteration that graded 0.56 g/t Au over 16.0 metres,
from 180.50 to 196.50 metres.
Table 1: Best results from drill holes CAS-17-92 to CAS-17-96
Drillhole Zone Section From (m) To (m) Au g/t Length.(m)
CAS-17-92 475 628 200 76.60 93.30 0.29 16.70
incl. 81.80 82.80 1.72 1.00
CAS-17-92 450 628 200 117.30 130.80 0.46 13.50
incl. 121.35 122.55 2.83 1.20
incl. 122.25 122.55 5.52 0.30
CAS-17-93 475 628 000 136.75 152.60 0.24 15.85
incl. 142.25 143.30 1.16 1.05
CAS-17-93 450 628 000 182.80 189.50 2.10 6.70
incl. 188.40 188.80 6.82 0.40
et 189.10 189.50 5.58 0.40
CAS-17-93 435 628 000 209.85 212.65 3.45 2.80
incl. 211.70 212.65 5.00 0.95
CAS-17-93 425 628 000 232.70 240.00 0.29 7.30
CAS-17-94 475 628 100 233.00 241.00 0.36 8.00
incl. 235.50 236.00 2.72 0.50
CAS-17-94 450 628 100 259.80 267.00 1.91 7.20
incl. 265.60 267.00 5.18 1.40
incl. 265.60 266.40 7.70 0.80
CAS-17-94 435 628 100 279.40 290.30 0.34 10.90
incl. 281.30 282.10 1.70 0.80
CAS-17-95 450 628 300 77.00 100.50 1.30 23.50
incl. 89.00 95.00 3.46 6.00
incl. 89.00 89.50 7.32 0.50
et 91.00 91.50 5.66 0.50
et 94.50 95.00 23.60 0.50
CAS-17-96 475 628 500 126.50 127.00 18.70 0.50
CAS-17-96 450 628 500 155.80 182.00 1.38 26.20
incl. 179.80 182.00 7.87 2.20
incl. 180.20 181.00 14.55 0.80
Note: True thicknesses cannot be determined with the information available at this time; intervals are therefore
reported in core length.
“Syenite-associated disseminated gold” model
The Vortex gol d zone is characterized by the presence of monzonitic alkaline intrusions that are
predominantly altered to hematite, magnetite, carbonates and albite , and that contain disseminated
pyrite mineralization. These alkaline intrusions commonly occur along contacts and within a sequence
of highly deformed fragmental units near the regional Sunday Lake Fault. The high -grade Lower
Detour gold deposit ( Zone 58N), located approximately 40 kilometres west of Vortex, is also
described as associated with alkaline intrusions. This type of gold mineralization is known as “syenite-
associated disseminated gold ” (Robert, 2001). A number of very significant gold deposits in the
southern Abitibi belong to this category, namely Canadian Malartic, Young -Davidson and Holt-
McDermott (Robert, 2001).
Midland and SOQUEM are extremely happy with these new results obtained in the Vortex zone. A
drilling program consisting of ten (10) drill holes for a total of more than 3,500 metres has been
approved, in an effort to test the strike e xtensions at vertical depths ranging from 150 to 250 metres.
The drilling program is scheduled to begin in February 2018.
Maps showing the location of the Casault property and the new Vortex gold zone may be consulted by
using the following link: http://media3.marketwire.com/docs/1106701_Figures.pdf
Quality Control
All analyses were performed by ALS Minerals in Val-d’Or, Quebec. All samples were analyzed for
gold by fire assay with atomic absorption (AA) finish on 30 -gram fractions, and all samples with
grades above 3.0 g/t Au were rea nalyzed with gravimetric finish. For quality control purposes,
certified standards and blanks were inserted in all sample batches at regular intervals in the sample
stream. All data were reviewed by Mario Masson, certified geologist and VP for Midland, a Qualified
Person as defined by NI 43-101.
About SOQUEM
SOQUEM, a subsidiary of Ressources Québec, is a leading player in mineral exploration in Québec.
Its mission is to explore, discover and develop mining properties in Québec. SOQUEM has
participated in more than 350 exploration projects and contributed to major discoveries of gold,
diamonds, lithium and other minerals.
About Midland
Midland targets the excellent mineral potential of Quebec to make the discovery of new world -class
deposits of gold, p latinum group elements and base metals. Midland is proud to count on reputable
partners such as SOQUEM INC. , Agnico Eagle Mines Limited, IAMGOLD Corporation , Teck
Resources Limited, Osi sko Mining Inc., Altius Minerals Corp., NioBay Metals Inc. 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 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.