Midland and Soquem Resume Drilling Southeast of Balmoral’S Bug Lake GOLD Zone
MIDLAND AND SOQUEM RESUME DRILLING
SOUTHEAST OF BALMORAL’S BUG LAKE GOLD ZONE
Montreal, March 1 , 2017. Midland Exploration I nc. (“Midland”) (TSX-V: MD) is pleased to
announce the resumption of drilling on the Casault gold project in partnership with SOQUEM INC.
(“SOQUEM”), with a diamond drilling program totalling ten (10) dri ll holes for a minimum of
2,000 metres of drilling. The Casault property consists of 315 claims (173 square kilometres ) that
cover the Sunday Lake Fault over more than 20 kilomet res strike length, about 40 kilometres east of
the Detour Lake mine. This mine hosts mineral reserves estimated at 14.3 8 million ounces of gold
(“Moz Au”) consisting in proven reserves of 89.2 million tonnes at a grade of 1.26 g/t Au for
3.60 Moz Au and probable reserves of 351.6 million tonnes at a grade of 0.95 g/t Au for 10.78 Moz
Au.
This new exploration program on the Casault project will initially include a new OreVision ®-type
induced polarization survey totalling approximately 30 kilometres, to be conducted southeast of the
Bug Lake zone held by Balmoral Resources L td (“Balmoral”). Balmoral recently announced the start
of a new drilling program totalling 25,000 metres on the Bug Lake zone, where high -grade gold was
recently intersected in drill holes, with values reaching 6.25 g/t Au over 11.66 m etres, including
12.48 g/t Au over 5.47 metres, along the extensions of the Bug Southeast gold zone (see press releases
by Balmoral dated February 2 and 9, 2017) . This new drill intersection is located ju st 1 kilometre
northwest of the central part of the Casault project.
On Casault, several additional high-priority drilling targets, mainly consisting in high -chargeability
anomalies identified during the 2013 induced polarization survey, will be tested in a prospective area
located near the west junction between a Timiskaming -type conglomerate basin and the regional
Sunday Lake Fault, which hosts the Detour Lake gold deposit.
Figures showing the location of the Casault property as well as new areas to be dri ll-tested may be
consulted using the following link:
http://media3.marketwire.com/docs/Casault%20February%202017.pdf
About SOQUEM
SOQUEM, a subsidiary of Investissement 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, platinum group elements, base metals and rare earth elements. Midland is proud to
count on reputable partners such as Agnico Eagle Mines Limited, Teck Resources Limited, SOQUEM
INC., Osisko Mining Inc., Altius Minerals Corp., Japan Oil and 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 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 st atements 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.