Midland/Barrick Begin a Drilling Campaign ON Its Patris GOLD Property
MIDLAND/BARRICK BEGIN A DRILLING CAMPAIGN ON ITS PATRIS GOLD
PROPERTY
Montreal, July 9, 2024. Midland Exploration Inc. (“Midland”) (TSX-V: MD) is pleased to announce
the start of a drilling campaign on the Patris gold property (the “Property”), currently 100% owned by
Midland and located approximately 30 kilometres northeast of the city of Rouyn-Noranda in Quebec.
Highlights :
• 90 holes completed (2,075.4 m) on public lands using sonic drilling to recover till and bedrock
samples to increase data quality and understanding;
• Discovery of mineralized felsic intrusions with pyrite in the Kewagama sediment ary rocks
(Belleaux area);
• The IP survey (gradient and pole-dipole) generated numerous targets/anomalies, including
three main chargeability highs within the Kewagama sedimentary basin (Belleaux area);
• Option payment of $60,000 recently received.
Diamond Drilling
A campaign of three (3) drill holes for 1,650 m will begin in July with a drill in the Belleaux area where
mineralized felsic intrusions were discovered in the eastern part of the Patris property. These weak to
moderate intermediate to felsic intrusions are weakly to moderately altered in sericite -carbonate-
hematite are commonly present less than 830 m from the La Pause Fault in the Kewagama sedimentary
rocks. This seems to indicate that the La Pause Fault has primary control on the magmatic activity of
the region. These intrusions are also mineralized with up to 10% pyrite and contain several quartz veins
and veinlets.
Last winter, 90 holes were completed (2,075.4 m) on public lands using sonic drilling to recover till and
bedrock samples to increase the quality and understanding of the data. The final analysis results are
currently pending.
In addition to the drilling work, detailed mapping will be carried out on the areas of interest generated
by the IP survey. Field mapping of IP anomalies in the Belleaux area did not identify the source of the
high chargeability. The intrusion sector will also be revisited to better understand the density and
orientation of the veins.
Prospecting and mapping will be carried out in the northern sector of the property (Lac Caste Basin).
Option Agreement with Barrick Gold
Pursuant to the option transaction (the “Transaction”) signed with a wholly-owned indirect subsidiary
of Barrick Gold Corporation (“Barrick”), Barrick has the right to acquire up to a 75% interest in the
Property in consideration for cash payments totaling C$1,017,500 and exploration work totaling
C$16,575,000, over an eight-year period. Barrick is the operator of the work carried out under the
Transaction. (See Midland press release, May 15, 2023)
About the Patris Property
The wholly owned Patris project comprises 299 claims covering a surface area of about 117 square
kilometers, located less than 10 kilometers northwest of the prolific Doyon/Westwood -Bousquet-La
Ronde gold mining camp. The Patris property offers excellent gold potential as it covers the Manneville
Fault over more than 8 kilometers and the La Pause Fault over more than 10 kilometers, both recognized
as subsidiary faults to the well -known Destor-Porcupine Fault Zone. The Patris property also covers
more than 5 kilometers of the faul t contact between the sediments of the Kewagama Group and the
mafic and ultramafic volcanics of the Malartic Group. Several historical gold showings are found near
this contact such as the Gadoury showing which returned 6.3 g/t Au over 1.0 meter and the McDermott
showing which returned 8.6 g/t Au over 1.2 meters (Source: Sigeom-MRNF).
Cautionary statement
Mineralization occurring at the Doyon/Westwood-Bousquet-La Ronde gold mines is not necessarily
indicative of mineralization that may be found on the Patris property held by Midland.
About Midland
Midland targets the excellent mineral potential of Quebec to make the discovery of new world -class
deposits of gold and critical metals. Midland is proud to count on reputable partners such as Barrick
Gold Corporation., BHP Canada Inc., Rio Tinto Exploration Canada Inc., Wallbridge Mining Company
Ltd, Probe Gold Inc., Agnico Eagle Mines Limited, Electric Element Mining Corp., SOQUEM INC.,
Nunavik Mineral Exploration Fund, Cosmos Exploration Limited 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 Richard D St -Cyr. P.Geo., Exploration Director for Midland and
Qualified Person as defined by NI 43-101, who also approved the technical content of this press release.
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 Midlan d’s periodic reports including the annual report or in
the filings made by Midland from time to time with securities regulatory authorities.
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Patris Project Location
1
DETOUR LAKE
NELLIGAN
ZONE 58N
MARTINIERE
BUG LAKE
FENELON / TABASCO
CASA BERARDI DOUAY VEZZA
GEANT DORMANT
LAC SHORTT
MOROY
LAC ROSE
WINDFALL
BARRY
Kenorland / Newmont Option
PERRON
WESTWOOD
LARONDE
CROINOR
CANADIAN MALARTIC
KIENA GOLDEX
LAMAQUE
HOLT / MCDERMOTT
Volcanics
Ignous rocks
Sediments
Midland Projects
Gold Mines, Projects
Sunday Lake Fault
Lower Detour Fault
Cadillac Fault
FAYOLLE
BEATTIE
Patris
Guyberry
Heva
Laflamme
Abcourt JV
Coigny
Turgeon
Mistaouac
La Peltrie
Probe Opt
Jouvex Noyelles
Lac Esther
Nomans
Lewis
Fleuribleu
Jeremie
Adam Samson
ELDER
WASAMAC
GRANADA
HORNE 5
Chicobi Fault
M-Cadillac
Agnico Eagle JV
Gaudet-Fenelon
Probe JV
Casault
Wallbridge Opt
BELL OSBOURNE
New Option Barrick
Patris Project
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Porcupine-Destor Fault – Geology
2
La Pause Fault
Porcupine-Destor Fault
Gadoury Showing
6.3 g/t Au / 0.98 m
McDermott Showing
8.6 g/t Au sur 1.20 m
Fayolle (Typhoon)
10.2 g/t Au over 5.0 m
15.5 g/t Au over 3.0 m
12.1 g/t Au over 3.0 m
15.6 g/t Au / 1.0 m
Lac Patris Showing
38.7 g/t Au (Grab)
Gold Showings Gold Mines
Patris Property
299 claims pour 117 km2
Westwood
Lapa
La Ronde
O’Brien
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La Pause Fault
Porcupine-Destor Fault
Gadoury Showing
6.3 g/t Au / 0.98 m
McDermott Showing
8.6 g/t Au over 1.20 m
15.6 g/t Au / 1.0 m
Lac Patris Showing
38.7 g/t Au (grab)
Gold Showings
Patris Property
299 claims for 117 km2
Westwood
Lapa
La Ronde
O’Brien
Fayolle (Typhoon)
10.2 g/t Au over 5.0 m
15.5 g/t Au over 3.0 m
12.1 g/t Au over 3.0 m
Gold Mines
Porcupine-Destor Fault – Mag
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4
PAT24d-001
PAT24d-002
Patris Drilling
DDH Target Orientation Depth (m)
PAT24d-001
Testing the steep slope of the sediments, several IP chargeability
anomalies and which may extend deep into the Belleaux intrusion
to test the geometry
50-040 600 m
PAT24d-002
F1 Antiform fold hinge with coincident IP loadability anomaly, can
extend depth to Belleaux to test depth extent if necessary
50-040 450 m
PAT24d-003
Testing the hinge of the W-NW plunging F1 antiform and the IP
surface anomaly
50-105 600 m
1,650 m of diamond drilling to test the
mineralization potential on the Belleaux
target in July
500m
PAT24d-003
Section Legend
x x
Bedding
Belleaux dike swarm
F1 axial plane
F2 axial plane
La Pause Fault
Planned DDH
Belleaux
Intrusions
500 m
N
B’
B
B’B
Patris Property Outline
Geology Legend
Ultramafic volcanic rocks
Mafic volcanic rocks
Felsic volcanic rocks
Sedimentary rocks
Felsic to intermediate intrusion
Proterozoic diabase dyke
Faults
IP Chargeability Anomaly
Pole-Dipole Line
Pole-Dipole
Inversion
PAT24d-003
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