Midland Announces New Strategic Acquisition with Ni-Cu-Co-PGE Potential IN the Abitibi Region
MIDLAND ANNOUNCES NEW STRATEGIC ACQUISITION WITH NI-CU-CO-PGE
POTENTIAL IN THE ABITIBI REGION
Montreal, June 22, 2022. Midland Exploration Inc. (“Midland”) (TSX-V: MD) is pleased to
announce the acquisition, by map designation, of 100% interest in 460 claims (260 km2) in the Abitibi
region, between the to wns of Amo s and Matagam i. This new strategic acquisition is also located
approximately 60 kilometres west of the Copernick zone discovered by Midland in 2016 on the
Laflamme JV project, which y ielded grades up to 0.45% Ni, 0 .33% Cu, 0 .15 g/t Pt and 0.24 g/t Pd
over 42.60 metres (core leng th) in drill hole LAF-16-38, from 446.50 to 489.10 metres (see press
release by Midland dated April 14, 2016).
This new project, dubbed Nickel Square, extends over a total surface area of approximately 300 square
kilometres with strong yet underexplored potential for Ni-Cu-Co-PGE. It covers the Maizerest
Intrusions, a series of ultramafic intrusions that a re locally associated with untested historical
electromagnetic (INPUT) conductors. In the north part of the Nickel Square project, a historical grab
sample collected by the “Ministère de l’Énergie et des Ressources naturelles du Québec” in ultramafic
rocks of the Maiz erest with minor sulphide minerali zation yielded ano malous values of 0.20% Ni,
450 ppm Cu, 110 ppm Co, 117 ppb Pd and 68 ppb Pt.
Similar to the Copernick zone discovered by Midland further east, these ultramafic intrusions are
hosted in dominantly mafic rocks assigned t o the Vanier-Dalet-Poirier Group. These mafic-ultramafic
assemblages are located approximately 10 k ilometres north of the sedimentary Glandelet Formation,
mainly composed of sandstones and graphitic mudrocks.
Midland is eager to begin exploration on the property with a prospecting campaign and a high-
resolution magnetic survey planned for this year.
Cautionary statement:
Note that grab and float sample grades may not be representative of mineralized zones.
About Midland
Midland targets the excellent mineral potential of Quebec t o make the dis covery of new world-class
deposits of gold, platinum group elements and base metals. Midland is proud to count on reputable
partners such as BHP Canada Inc., Rio Tinto Exploration Canada Inc., Probe Metals Inc. , Wallbridge
Mining Company Ltd, Agnico Eagle Mines Limited, SOQUEM Inc., Osisko Development Corp., the
Nunavik Mineral Exploration Fund and Abcourt Mine s Inc. Midland prefers to work in partnership
and intends to quickly conclude additional agreements in regard to newly ac quired prope rties.
Management is curr ently reviewing other opportuniti es a nd projects to build up the Corporation
portfolio and generate shareholder value.
This press release was reviewed and approved 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: https://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 ma y contain forward-looking statements that ar e 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 Mi dland’s periodic reports including the annual report or in the filing s
made by Midland from time to time with securities regulatory authorities.
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DETOUR LAKE
NELLIGAN
ZONE 58N
MARTINIERE
BUG LAKE FENELON / TABASCO
CASA BERARDI
DOUAY
VEZZA
GEANT DORMANT
BELL OSBOURNE
LAC SHORTT
MOROY
WINDFALL
BARRY
Kenorland / Newmont Option
PERRON
WESTWOOD CROINOR
CANADIAN MALARTIC
KIENA
GOLDEX
LAMAQUE
HOLT / MCDERMOTT
Volcanics
Igneous rocks
Sediments
Midland Projects
Gold Mines, Projects
Sunday Lake FaultLower Detour Fault
Cadillac Fault
FAYOLLE
BEATTIE
Laflamme
Abcourt JV
Coigny
Turgeon
Mistaouac
La Peltrie
Probe Opt
Casault
Wallbridge Opt
Noyelles
Lac Esther
NomansFleuribleu
Jeremie
ValmondAdam
ELDER
WASAMAC
GRANADA
Chicobi Fault
M-Cadillac
Agnico Eagle JV
Gaudet-Fenelon
Probe JV
LARONDEHORNE 5
Guyberry
LAC ROSE
Jouvex
Lewis
Patris
Heva
Nickel Square Ni-Cu
New acquisition
Abitibi Geology – Midland Projects
New Acquisition
2
Midland
Copernick Ni-Cu-PGE
0.45% Ni, 0.33% Cu, 0.15 g/t Pt, 0.24 g/t Pd over 42.6 m
Quebec Nickel Corp.
Ducros Ni-Cu Project
0.44% Ni, 0.51% Cu, 0.69 g/t Pt-Pd-Au over 18.5 m
Magneto Investments LP
Dumont Ni Deposit
Proven+Probable Reserves
1,028 MT @ 0.27% Ni
Abitibi New Opportunities Ni-Cu-Co-PGE
True thicknesses cannot be determined with the information currently available; intervals are thus reported in core length.
Nickel Square Ni-Cu
New Acquisition
3
Nickel Square Geology – New Acquisition (Ni-Cu)
Copernick
2016 Ni-Cu-PGE Discovery
Nickel Square Ni-Cu
New Acquisition
460 claims for 260 km²
Laflamme JV
436 claims for 234 km²
Coigny
40 claims for 22 km²
New High-Grade Au
28.7 g/t Au & 6.0 g/t Au (2 Floats)
OSBORNE-BELL (Osisko)
Inf. Res. 510,000 Oz AuGEANT DORMANT
Mafic Volcanics
Felsic Volcanics
Sediments
Mafic Intrusives
Felsic Intrusives
Ultramafics
Ultramafics Rocks
4
Nickel Square Mag – New Acquisition (Ni-Cu)
Copernick
2016 Ni-Cu-PGE Discovery
Nickel Square Ni-Cu
New Acquisition
460 claims for 260 km²
Laflamme JV
436 claims for 234 km²
Coigny
40 claims for 22 km²
New High-Grade Au Floats
28.7 g/t Au & 6.0 g/t Au (2 Floats)
OSBORNE-BELL (Osisko)
Inf. Res. 510,000 Oz AuGEANT DORMANT
High Mag = Ultramafics Rocks
5
Nickel Square Mag – Untested Input Clusters
Nickel Square Ni-Cu
New Acquisition
460 claims for 260 km²
0.20% Ni, 450 ppm Cu, 110 ppm Co, 117 ppb Pd, 67.6 ppb Pt, 190 ppm Zn (MERN)
Untested Input clusters