Midland Identifies New Favourable Target Area on Laflamme, Northwest of Osborne-Bell Deposit and Commences Drilling
Midland Identifies New Favourable Target Area on Laflamme, Northwest of
Osborne-Bell Deposit and Commences Drilling
MONTREAL, Feb. 05, 2019 (GLOBE NEWSWIRE) -- Midland Exploration Inc.
(“Midland”) ( TSX-V: MD) is pleased to report that a new target area has been
identified on its Laflamme project and that drilling is commencing. This new area is
located approximately 15 kilometres northwest of the Osborne-Bell deposit, currently
actively explored by Osisko Mining (“Osisko”). Disclaimer by Midland: Mineralization at
the Osborne-Bell deposit may not be representative of mineralization that may be
identified on the Laflamme property.
The Laflamme project is located approximately 25 kilometres northwest of Lebel-sur-
Quevillon in the Abitibi region of Quebec, and now consists of 668 claims totalling
approximately 337 square kilometres. This project is a joint venture between Midland
(74.3%) and Abcourt Mines Inc. (25.7%) (“Abcourt”).
During the summer of 2018, Midland conducted an OreVision ® induced polarization
(“IP”) survey to investigate the contacts of a felsic intrusion. The western contact of the
intrusion was also targeted as the potential source of a significant gold and copper
dispersal train that was initially identified during a till survey under the Octave project
jointly led by the Ministère de l ’Énergie et des Ressources Naturelles and the
Geological Survey of Canada in 2008, but which remains unexplained.
The IP survey conducted in the summer of 2018 led to the identification of several new
drilling targets located along the contacts or at the western edge of the felsic intrusion.
These targets are characterized by weak chargeability highs associated with weak
resistivity variations, and coincide with the northeast end of a significant gold and
copper train in tills.
In addition, this new prospective area is directly aligned with a series of gold
occurrences discovered by Midland in 2011 and 2013, namely the Piccadilly (9.7 g/t Au
over 1.0 m), Trafalgar (0.4 g/t Au over 5.7 m) and Notting Hill (0.34 g/t Au over 25.56
m) showings, as well as Osisko ’s Comtois NW showing discovered by Maudore in
2012, which graded 71.2 g/t Au over 1.2 metres. Note: True thicknesses cannot be
determined with the information available at this time; intervals are therefore reported
in core length.
This area is located approximately 15 kilometres northwest of the Osborne -Bell
deposit, where Osisko recently announced new drill intercepts grading up to 37 g/t Au
over 5.4 metres (see Osisko’s press release dated September 28 2018).
In addition of testing this highly prospective area , the drilling program will test five other
geophysical targets, for a total of approximately 1,000 metres.
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 Abcourt Mines Inc., Agnico Eagle Mines
Limited, Osisko Mining Inc., Altius Minerals Corp., SOQUEM INC. and Nuvavik Mineral
Exploration Fund. 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, 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: 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.
Figure 1
Laflamme JV - Location
Figure 2
Laflamme JV - Geology
Figure 3
Laflamme JV - New target area
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.
Figures accompanying this announcement are available at
http://www.globenewswire.com/NewsRoom/AttachmentNg/ecc075ca-7cc1-4a66-86e3-e894cb3f7a23
http://www.globenewswire.com/NewsRoom/AttachmentNg/b0d68ab0-3a17-4451-b211-25f4dc79c21b
http://www.globenewswire.com/NewsRoom/AttachmentNg/23e1a601-4943-415a-bdea-0122887e18c2