Midland Begins the First Drilling Campaign ON Its Mythril Cu-Au-Mo- AG Discovery
MIDLAND BEGINS THE FIRST DRILLING CAMPAIGN ON ITS MYTHRIL CU-AU-MO-
AG DISCOVERY
Montreal, March 19th, 2019. Midland Exploration inc. (“Midland“) (TSX-V : MD) is
pleased to announce the beginning of the first diamond drilling campaign on its wholly owned
(100% Midland) Mythril Cu-Au-Mo-Ag discovery. This campaign is planned to begin in the
next few days . The drilling campaign will target a >2km long by hundreds of met ers
large series of dipole-dipole induced polari zation (“IP”) anomalies that are coincident
with Cu-Au-Mo-Ag surface showings and float fields discovered by Midland in 2018 , as
well as with strong Cu-Mo soil anomalies. This initial campaign will consist of 9 holes for
about 2200 meters.
The Mythril discovery is located about 7 kilometres south of the Trans-Taïga road, James Bay
Eeyou Istchee, Quebec. It is h osted in Archean rocks of the S uperior province. In only nine
days of prospecting in 2018, 11 new surface copper-gold-molybdenum-silver showings, and 2
molybdenum-only showings, were found , yielding values such as 2.74 % Cu, 0.44 g/t A u,
0.06 % Mo, 24.3 g/ t Ag ove r 2.7 meters in channel s on the Celeborn showing (open all
directions). Fifty-seven (57) grab samples from mineralized outcrops along 2 km strike
length returned an average of 2.03 % Cu, 0 .48 g/t Au, 0.18 % Mo, 18.3 g/t Ag . One
hundred and sixteen (116) mineralized floats were found, yielding an average of 1.92 %
Cu, 0.87 g/t Au, 0.11 % Mo, 20.7 g/t Ag. Note that grab samples are selective by nature and
values reported are not re presentative of mineralized zones . The Cu-Au-Mo-Ag mineralized
system is more than 2 kilometers long, based on surface showings and its full dimensions of
the system are not know n yet. There is no historical drilling on the project . Preliminary
results of a dipole-dipole IP geophysical survey performed during the winter of 2019 indicate
a large zone (>2km long, by hundred meters large) of anomalously high chargeability coupled
with decreases of resistivity that are remarkably coincident with known Cu-Au-Mo-Ag
mineralized showings and float fields, as well as with Cu-Mo soil anomalies. See February
28th, 2019 press re lease for more det ails on the IP survey. Outcrops, channels and float
samples results discussed in this press release were previously disclosed in the October 16th,
2018 and the November 6th, 2018 press releases.
This more than 2 kilometers long IP anomaly, that combines both an increase of chargeability
and a decrease of electrical resistivity, will be designated as th e “main IP ano maly” in the
following descriptions of drill hole targets.
Drilling targets
The first two drill holes of the campaign will target the western part of the main IP anomaly
on line 3+00E, in an area where i t is about 200 hundred meters large*, and coincident with a
strong magnetic anomaly. Very strong and unexplained Cu soil anomal ies are also found in
that area (up to 0.12% Cu in soils). Two strongly mineralized floats found in this area in 2018
respectively yielded 4.15 % Cu, 0.27 g/t Au, 0.04 % Mo and 29 g/t Ag, and 2.99 % Cu, 0.13
g/t Au, 0.03% Mo and 47.6 g/t Ag (grab samples).
The next two holes will target the widest part of the main IP anomaly on line 6+00E, where it
is almost 300 meters large*. The first hole will first test the Grey H avens showing at a
shallow depth (up to: 9.22 % Cu ; 0.99 g/t Au; 0.02 % Mo; 69.8 g/t Ag , in two outcrop grab
samples). It will also test the Liv showing (5 outcrop grab samples, average 3 .25 % Cu, 0.61
g/t Au, 0.12 % Mo, 29 g/t Ag, with up to 9.53 % Cu). The second hole on that same line will
target the strongest part of th at large chargeability an omaly and will be collared about 240
meters north of the first one.
The next hole will targe t the main IP anomaly on line 9+00E , where it is about 100 meters
large*. It will also t est the Eriador showing (19 outcrop grab samples, average 2.47 % Cu,
0.29 g/t Au, 0.13 % Mo, 22.1 g/t Ag, and up to 12.6% C u) and the Misty showing (6 outcrop
grab samples, average 1.53 % Cu, 0.31 g/t Au, 0.02 % Mo, 14 g/t Ag).
The main IP anomaly will also be tested on line 13+00E. The IP anomaly is about 200 meters
large* in this location. A series of 11 angular floats that yielded a n average of 1.48 % Cu,
0.67 g/t Au, 0.06 % Mo and 17. 2 g/t Ag (grab samples) were found in the area in 2018. A
quartz-molybdenite vein al so returned 3.04 % Mo (Lorien showing). A second hole on that
same line will test the northern part of the IP anomaly.
The next hole will be on line 18+00E. The main IP anomaly is about 75 meters large* there. It
will also test the Le golas showing (grab sample from outcrop that yielded 4.89 % Cu, 1.5 g/t
Au and 46 g/t Ag) , and a field of 6 angular floats that yielded an average of 2.28 % Cu, 0.81
g/t Au, 0.11 % Mo and 20.8 g/t Ag in grab samples.
The final hole of the campaign is planned on line 20+ 00E. It will test a part of the IP anomaly
that is associated with the Celeborn showing, that yiel ded 2.74% Cu, 0.44 g/t Au, 0.06% Mo,
and 24.3 g/t Ag over 2.7 meters in channels (open in all directions) . In the immediate area
around the showing, 22 floats were fo und in 2018 that yielded an average of 4.2 % Cu, 0.95
g/t Au, 0.19 % Mo and 40.9 g/t Ag, in grab samples.
*based on the true chargeability of a numerical inversion, at 40 meters depth
Quality control
Exploration prog ram desi gn and interpretation of resu lts is pe rformed by qua lified persons
employing a Quality Assurance/Qua lity Control program consistent with industry best
practices, including the use of sta ndards and blanks with every 20 samples. Rock samples on
the project are assayed for gold by standa rd 30-gram fire-assaying with inductive ly coupled
plasma atomic emissio n spe ctroscopy (ICP -AES; Au -ICP21) or gravimetric fi nish (Au -
GRA21) at ALS Minerals la boratories in Vanc ouver, British Columbia. All sa mples are also
analysed for multi -elements, using four-acid ICP–AES metho d (ME -ICP61), al so at ALS
Minerals laboratories in Vancouver, British Columbia. Samples that exceed 1% copper, zinc,
molybdenum or nickel are reanalyzed by four-acid ICP-AES optimized for high grades.
Geophysical data pr esented in th is release are prelim inary. Inversions w ere performed by
geophysicists from Géophysique TMC.
The technical or sc ientific information in this press rele ase has been pr epared by Sylvain
Trepanier, P.Geo., VP Exploration for Jam es Bay and Northern Quebec at M idland, a
“qualified person” as defined by NI 43-101.
About Midland
Midland targe ts the excellent mineral potent ial of Quebec to make the dis covery of new
world-class deposits of gold, platinum group elements and base metals. Midland is proud to
count on r eputable partners such as Agnico Eagle M ines Limited, Osisko Mining Inc.,
SOQUEM INC., Nuvavik Mineral Exploration Fund, and Abcourt Mines Inc. Midland prefers
to wor k in pa rtnership an d intends to quickly conclude additional agreements in regard to
newly acquired properties. Ma nagement is curre ntly reviewing other opportunities an d
projects to build up the Company portfolio and generate shareholder value.
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 th at term is defi ned
in the p olicies of th e TSX V enture E xchange) accepts re sponsibility for the ade quacy o r
accuracy of this release.
This press r elease may contain forward -looking st atements that are subject to known and
unknown risks and uncertainties tha t could cause a ctual r esults to va ry mat erially from
targeted results. Suc h risks and uncertaintie s include those described in M idland's periodic
reports including the annual report or in the filings made by Midland f rom time to time with
securities regulatory authorities.
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