Midland Identifies Several Promising Projects with Significant Lithium Potential Amongst Its Extensive Land Position IN the James BAY Area
MIDLAND IDENTIFIES SEVERAL PROMISING PROJECTS WITH SIGNIFICANT
LITHIUM POTENTIAL AMONGST ITS EXTENSIVE LAND POSITION IN THE JAMES
BAY AREA
Montreal, January 30, 2023. Midland Exploration Inc. (“Midland” or the “Corporation”) (TSX-
V: MD) is pleased to report that it has completed a full re-evaluation of its extensive mining claims in
the James Bay area for their lithium exploration potential.
Midland has 3,814 claims totalling 1 ,975 square kilometres of land positions in the James Bay
area and is one of the largest claim holders in the region . Four projects were identified as highly
prospective for their lithium potential, based on striking geological similarities with adjacent lithium
discoveries and compelling occurrences of lithium (Li), tantalum (Ta ) and/or beryl lium (Be) in
historical rock s ampling. It should be noted that none of the se projects have been specifically
explored for lithium in the past. Occurrences of Li, Ta and /or Be noted on each of these projects
were found while exploring for other commodities.
Highlights
• The Komo project is located 20 km west of the James Bay lithium deposit (Allkem);
• The Galinee project is located directly on strike and less than 4 km east of Winsome’s Adina
lithium prospect that returned up to 107.6 m grading 1.34% Li2O;
• The S hire project is lo cated along the Lac des Montagnes amphibolites that host the
Whabouchi lithium deposit approximately 60 km further west;
• The Mythril East property is located about 7 km NE and directly on st rike with the Patriot
Battery Corvette pegmatite field.
Komo Project
The Komo project is located at approximately 20 kilometres west of the James Bay lithium deposit
(Allkem Limited). The project area overlaps the contact between th e La Grande and Nemiscau
geological subprovinces, the same major geological structure that h osts the James Bay lithium
deposit and is lik ely critical for its genesis . Prospecting for gold in 2022 uncovered a Li-Ta-Be
pegmatite outcrop that returned 0.04% L i2O, 159 ppm Ta, 396 ppm Be in a grab sample. These
strongly anomalous Li -Ta-Be values and the very favourable geological setting highlight the strong
lithium potential of the Komo project.
Galinee Project
The Galinee project is located at relatively 4 kilometres east of the promising Adina lithium prospect
held by Winsome Resourc es Limite d (“Winsome”), that recently announced results in the order of
107.6 m grading 1.34% Li2O i n drilling. Additional recent drilling results (DDH AD -22-043) by
Winsome reported that spodumene bearing pegmatite were intersecte d about 1.6 kilometres north -east
(Adina far east Zone) of the discovery showing and approximately 1.0 k ilometres north-east o f the
previous reported intersections. Drillhol e AD -22-043 intersected 17.1 metres of spodumene bearing
pegmatite (see press release by Winsome dated January 25, 2023).
The Adina lithium prospect is loca ted at the boundary between the Tri este Formation amphibo lites
(south) and felsic intrusives (north) . This contact represents a major structure that likely control s
the location o f th e p egmatites at the Adina prospect. The same highly favo urable c ontact is
present over a 7-kilometre distance on Galinee and has not been explored for lithium in the past.
This strongly suggests that the Galinee project has excellent lithium exploration potential.
Shire Project
The Shire project is located within amphibolites of the Lac des Montagnes geological Group, which
hosts the Wha bouchi l ithium deposit about 60 k ilometres west of Shire . The Whabouchi lithium
deposit is characte rized by a pegmatite intrusion assigned to the Sen ay granitic Suite that also
intrudes amphibolites of the La c des Montagnes Group. In 2021, the Quebec gover nment
mapped at least 6 granitic intrusions of the same highly favo urable Senay g ranitic Suite on the
Shire project. None of the favourable pegmatitic intrusions have been assayed for lithium. The Shire
project is also located at the boundary b etween the L a Grande and Opatica g eological
subprovinces, a major structure that could be crit ical for the emplacemen t of lithium -bearing
pegmatites in the area. Historical exploration work by Midland for base metals reported a tourmaline-
garnet-bearing pegmatite outcrop that returned a strong anomaly of 399 ppm Be (grab sample),
not assayed for Li, Ta, Cs or Rb. These very favourable geological characteristics and strong hints of
metal-bearing pegmatites on the project suggest an important lithium exploration potential.
Mythril Regional Project
The Mythril Regional project is a large proj ect with severa l large claim blocks. The Mythr il East
claim block is located 7 k ilometres northeast and directly along strike with the Corvette
pegmatite field (held by Patriot Battery Metals). On other claim blocks, compilation of historical
work by Midland revealed strong evidence of Li -Be-Ta pegmat ite potential. While e xploring for
copper in 2022, a pegmatite outcrop returned two strongly ano malous lithium va lues in gr ab
samples: 0.12% Li2O and 0.04% Li2O. Grab samples of pegmatitic boulders in other claim blocks in
the area also returned highly ano malous Li -Ta-Sn values : 0.03% Li 2O, 23 ppm Ta, 50 ppm Sn;
0.02% Li 2O, 72 ppm Ta. None of these anomalies have bee n follow ed up. These also sugg est a
favourable exploration potential fo r lithium on the Mythril Regional project, which has never been
explored for lithium.
Midland is currently planning exploration programs over these projects that will be launched in the
coming weeks.
Cautionary statements :
Note that grades determined from grab samples and erratic boulders may not be representative of
mineralized zones.
Mineralization of pros pects a nd deposits Adina, Cor vette, James Bay Lithium et Whabouchi
mentioned in this press release are not necessarily indicative of mineralization that can be found on the
various Midland projects mentioned in this press release.
Quality control
Rock samples from project mentioned have been analyze d by an ICP -MS or ICP -ES method with a
four-acids dissolution (ME-MS61 or ME -ICP61) at ALS Lab oratories (Vancouver, BC). Exploration
programs are designed, and results are i nterpreted by Qualified Persons employing a Quality
Assurance/Quality Control program consistent with industry be st practic es, includin g the us e of
standards and blanks with every batch of 20 samples.
About Midland
Midland targets the excellent mineral potential of Quebe c to make the discovery of new world -class
deposits of g old and critical met als. Midland is prou d to count on re putable partne rs such as BHP
Canada Inc., Rio Tinto E xploration Canada Inc., Wallbridge Mining Company Ltd, Probe Gold Inc.,
Agnico Eagle Mines Limited, Osisko Development Corp. , SOQUEM Inc., Brunswick Exploration
Inc., Nunavik Mineral Expl oration Fu nd, and Abco urt Mine s Inc. Midland prefers to w ork in
partnership and intends to quic kly conclude additional a greements in regard to newly acqu ired
properties. Management is currently reviewing other oppor tunities and projects to build up the
Corporation portfolio and generate shareholder value.
This press release was prepared by Mario Ma sson. P.Geo., VP Exploration 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 E xchange n or its R egulation Services Pr ovider (as that te rm is defi ned in the
policies of the TS X Ventur e Ex change) accepts res ponsibility fo r the ade quacy or accuracy of this
release.
This press release may contain for ward-looking statements t hat are su bject to kno wn and u nknown
risks and unce rtainties that cou ld cause a ctual results to vary materially from targeted results. Such
risks and unc ertainties include those described in Mid land’s p eriodic repor ts including the annual
report or in the filings made by Midland from time to time with securities regulatory authorities.
1
James Bay: Main Lithium Prospects and Midland Projects
Whabouchi
Li Deposit
(Nemaska)
James Bay
Li Deposit
(Allkem)
Corvette Li
pegmatites (Patriot
Battery Metals)
Rose Li
Deposit
Sirmac Li
Deposit
Moblan Li
Deposit
Komo
project
Shire
project
Galinée
project
Mythril
Regional project
Mythril
Regional project
Mythril
Regional project
Stornoway Diamond Corp.
Renard Mine
New Li Discovery
Adina (Winsome)
1
2
Komo project: Lithium Potential
2
• Well located west of the James Bay lithium deposit
• Komo project → same structural and stratigraphic
setting as the James Bay lithium deposit to the east
→ both the James Bay Li deposit and Komo located
a major lithotectonic boundary → Nemiscau – La
Grande subprovinces boundary
• Li-Ta-Be pegmatites found by prospection in 2022
• 0.04% Li2O, 159 ppm Ta, 396 ppm Be
• Project remain mostly unexplored for lithium
James Bay Li Deposit
(Allkem)
40 Mt @ 1.4% Li2OLa Grande SP
Nemiscau SP
La Grande – Nemiscau
subprovinces contact
3
Shire project: Lithium Potential
3
• The Whabouchi lithium deposit is associated
with the Senay pegmatitic suite (pink unit)
that intrudes into amphibolites (green)
• In 2021, the Quebec government mapped at
least 6 intrusions belonging to the same
favorable Senay granitic suite on the project
• Pegmatites on Shire also intrude into
amphibolites, and the project is located at a
major lithotectonic boundary
• Historical assays on the project did not
analyze for Li, Ta, Nb, Sn (only Be)
• A pegmatite sampled in a base metal
exploration returned highly anomalous 399
ppm Be - Not analyzed for Li, Ta, Nb, Sn →
suggest Li-pegmatites potential
Whabouchi lithium deposit
(in development) - Nemaska
36,6 Mt @ 1.19 Li2O
(proven+probable reserves)
Shire
project
Favorable
Senay
pegmatitic
suite
Whabouchi
lithium deposit
Shire project
4
Mythril Regional Project: Lithium Potential
4
• Mythil East claim block located directly east
of the CV (Patriot Battery metals) pegmatite
trends
• While exploring for base metals from 2019-
2022, several indications of Li-Ta pegmatites
were found on Mythril regional – no follow-
up done on any of these
• Pegmatite boulder: 0.03% Li2O, 23
ppm Ta, 50 ppm Sn (grab)
• Pegmatite outcrop: 0.12 % Li2O;
0.04% Li2O (grab)
• Pegmatite boulder: 0.02 % Li2O, 72
ppm Ta (grab)
Cancet Li
pegmatite
Galinée
project
Mythril
East claim
block
Mythril
Regional
project
Mythril
Regional
project
Mythril
Regional
project
Corvette Li
pegmatites (Patriot
Battery Metals)
Adina Li
prospect
(Winsome)
5
Galinée: Lithium Potential
5
Winsome project
Midland project
Other projects
Lithium showing
Tonalitic Unit
Gneiss
Metavolcanic
Metasediment
Granite
Galinée
project
• Midland’s Galinée project is
located approximately 4
kilometres east of Adina
prospect
• Located at the contact
between amphibolites of
the Trieste Formation to
the south and felsic
intrusives to the north
• This major structure that
most likely controlled the
emplacement of
pegmatites on the Adina
showing, is present on
Midland’s Galinée property
over more than 7
kilometres
Geology from SIGEOM
Winsome Resources
Adina Far East Zone
Spodumene bearing pegmatite / 17.1 m
Winsome Resources
Adina Main Zone
Drilling Program
1.34% Li2O over 107.6 m