Midland Discovers New GOLD Zones ON the James BAY GOLD Project, with up to 14.85 G/T Au IN Grab Sampling
MIDLAND DISCOVERS NEW GOLD ZONES ON THE JAMES BAY GOLD PROJECT,
WITH UP TO 14.85 G/T AU IN GRAB SAMPLING
Montreal, August 29 2018. Midland Exploration inc. (“Midland“) (TSX-V : MD) is pleased
to report the results of an exploration campaign on its whol ly owned James Bay gold project .
The June 2018 campaign was focussed on mechanical trenching and channeling of high -grade
gold showings discovered in 2017 on the Lasalle block, as well as prospection on the Galinée
block.
On Galinée, prospection focussed on the northeastern part of the block, where interesting gold
values were obtained in 2015 (3.63 g/t Au; 1.07 g/t Au; 0.76 g/t Au). In the same area, a shear
zone about 3 meters wide containing quartz -tourmaline veins with pyrite stringers yielded
gold values of 14.85 g/t Au, 4.35 g/t Au and 0.67 g/t Au (“Elsa” showing) in grab samples
(note that grab samples are selective by nature and values reported are not representative of
mineralized zones). This mineral assemblage and mineralization style are typical of orogenic
gold deposits. Four (4) of seven (7) samples collected in the shear zone yielded more than 0.1
g/t Au. The zone is still open to the east and west.
On Lasalle, the trenches mainly targeted a silicified and foliated amphibolite that had returne d
22.6 g/t Au in a grab sample in 2017, as well as strongly anomalous copper, bismuth and
molybdenum. Two channels separated by 3 meters yielded 3.08 g/t Au / 1.25 m , and 1.87 g/t
Au / 1.25 m (note that all thicknesses reported in this press release are ap parent thicknesses;
true thicknesses cannot be determined at this time). The gold-bearing intervals occur in a one-
meter wide sheared and altered zone within amphibolites, with disseminated chalcopyrite,
pyrrhotite and pyrite. Some trenches also targeted a strong gold grain anomaly in till, but did
not return any significant results.
A follow -up campaign on Galinée will be done in September. The Elsa showing will be
trenched to further expose the mineralized zone, as well as channeled to better evaluate its
gold grade.
Figure 1: http://www.globenewswire.com/NewsRoom/AttachmentNg/01b84ee1-225d-
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Figure 2: http://www.globenewswire.com/NewsRoom/AttachmentNg/6384e099-8ee9-
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Figure 3: http://www.globenewswire.com/NewsRoom/AttachmentNg/4b94b501-bb06-
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Quality Control
Rock samples on the project are assayed by standard 30 gram fire -assaying with AA or
gravimetric finish at ALS Minerals laboratories in Val d’Or, Québec or Sudbury, Ontario. All
samples are also a nalysed for multi -elements, using four-acid ICP–AES method. Exploration
program design and interpretation of results is performed by qualified persons employing a
Quality Assurance/Quality Control program consistent with industry best practices, including
the use of standards and blanks with every 20 samples.
The technical or scientific information in this press release has been prepared by Sylvain
Trepanier, P.Geo., VP Exploration for James Bay and Northern Quebec at Midland, a
“qualified person” as defined by NI 43-101.
About Midland
Midland targets the excellent mineral potential of Quebec to make the discovery of new
world-class deposits of gold, platinum group elements and base metals. Midland is proud to
count on reputable partners such as Agnico Eagl e Mines Limited, IAMGOLD Corporation,
Osisko Mining Inc., Altius Minerals Corp., SOQUEM INC., 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.
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.
MIDLAND EXPLORATION - A MANAGEMENT TEAM WITH A PROVEN TRACK RECORD OF DISCOVERIES
Midland James Bay Recent new Discoveries
Goldcorp Inc.
Éléonore Deposit
Reserves (P&P): 3.80 Moz at
6.02 g/t Au
Resources (M&I): 1.34 Moz
at 5.81 g/t Au
Resources (Inf.): 1.99 Moz
at 7.31 g/t Au
Eastmain Ressources Inc.
Eau Claire Deposit
Resources (M&I): 826 000 oz at 6.16 g/t Au
Resources (Inf.): 465 000 Oz at 6.49 g/t Au
Osisko Gold Royalties Ltd.
LaGrande Sud
350 000 oz at 1.5 g/t Au
Eastmain Ressources Inc.
Eastmain Mine
91 500 oz at 8.3 g/t Au (Measured)
788 600 oz at 9.10 g/t Au (Indicated)
Not NI 43-101 compliant
Osisko Gold Royalties Ltd.
Orfée Zone
95 000 oz at 14.5 g/t Au)
Lasalle Property
North Whip Showing: 5.68 and 4.08 g/t Au
Golden Idol Showing: 9.10 g/t Au
Curator Showing: up-to 22.0 g/t Au
Galinée Property
NEW Elsa Showing: 14.85, 4.35 g/t Au
Pankot’s Palace Showing: 5.22 g/t Au
Legend
Granitic Rock
Metasediment
Tonalitic Rock
Gneiss
Mafic Metavolcanic
Midland Properties
Symbols
Geology
Known Gold Showing
New Fangorn
Property
Felsic dyke Au-Mo-Bi
up-to 5.62 g/t Au
New Lothlorien
Property
Cu-Mo-Au-Ag-Bi
Up-to 7.19% Cu
Up-to 0.35% Mo
Up-to 4.3 g/t Au
Éléonore
Centre
Property
Golden Gun: Up to
18.80 g/t Au
Golden Gun West:
Up to 11.95 g/t
Au
Golden Gun South:
Up to 4.78 g/t
Au
50 km
N
Osisko Gold Royalties Ltd.
Wabamisk
23.28 g/t Au over 4.6 m
Stornoway Diamond Corp.
Renard Project
Sirios Ressources Inc.
Cheechoo
56.4 g/t Au / 8.2 m
Midland-Osisko JV
High-grade Cu diorite
boulder field, up to
8.28% Cu Midland Osisko JV
Area of interest
Excluded area
MIDLAND EXPLORATION - A MANAGEMENT TEAM WITH A PROVEN TRACK RECORD OF DISCOVERIES
Midland James Bay Recent new Discoveries
Galinée – Elsa Showing
up-to 14.85 g/t Au
Tourmaline
MIDLAND EXPLORATION - A MANAGEMENT TEAM WITH A PROVEN TRACK RECORD OF DISCOVERIES
Lasalle 2018 Channels
3.08 g/t Au
/ 1.25m
1.87 g/t Au
/ 1.25m 22.7 g/t Au
(grab 2017)