Midland, IN Partnership with Brunswick, Announces the Launch of a Maiden Drilling Program ON Elrond
MIDLAND, IN PARTNERSHIP WITH BRUNSWICK, ANNOUNCES THE LAUNCH OF A
MAIDEN DRILLING PROGRAM ON ELROND
Montreal, February 21, 2024. Midland Exploration Inc. (“Midland”) (TSX-V: MD), in partnership
with Brunswick Exploration Inc. (“Brunswick”) , is pleased to announce the construction of a winter
road for a maiden drilling campaign, to begin in early March, on the Elrond project, located in the Eeyou
Istchee-James Bay region.
The Elrond Project comprises 136 claims and is roughly located 12 kilometres east of the Billy Diamond
Highway and about 91 kilometres south -southeast of the town of Radisson. The Elrond project is
currently wholly owned by Midland but is subject to an option agreement signed with Brunswick in
November 2022 (see press release by Midland dated November 10, 2022).
Highlights:
• Maiden drilling program, aiming the Arwen lithium showing, to start on the Elrond project;
• Three selected grab samples on the Arwen showing returned between 1 and 3% Li2O;
• A new high-resolution airborne magnetic survey suggests a favourable structural corridor at
the Arwen showing;
The 2023 prospecting program successfully discovered the new spodumene-pegmatite Arwen Showing.
The Arwen showing is exposed over an area of approximately 250 metres by 100 metres and is ,
potentially, shallowly dipping to the north. The Arwen showing includes a 75-by-15-metre zone visually
containing up to 30% spodumene (see press release by Midland dated October 3, 2023 ), where three
selected grab samples returned between 1 and 3% Li 2O (see press release by Brunswick dated October
3, 2023).
A recent high-resolution airborne magnetic geophysical survey , completed in fall 2023 on the project,
suggests that the Arwen showing is emplaced within a structural corridor that could be about 4
kilometres long by 0,5 kilometres wide.
The drilling program will be ground supported via a winter trail due to its proximity to existing
infrastructure, such as the Billy Diamond Highway at about 12 kilometres, and will aim to test the lateral
and depth extensions of the Arwen showing.
Cautionary statements
Grab samples are selective by nature and reported values are not necessarily indicative of mineralized
zones.
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 Brunswick,
BHP Canada Inc., Rio Tinto Exploration Canada Inc., Barrick Gold Corporation, 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.
Qualified Person and Chief Geologist Jean-François Larivière, P. Geo, Ph.D., prepared this press release
and verified the project ’s data as Midland’s qualified person (QP) within the meaning of National
Instrument 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.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.
1
Midland – JV Options for Lithium
1
James Bay Li
Deposit (Arcadium)
Corvette Li
pegmatites
(Patriot Battery
Metals)
Rose Li
Deposit
Sirmac Li
Deposit
Moblan Li
Deposit
New Li Discovery
Adina
(Winsome)
Mythril East, Chisaayuu
& Corvette
Whabouchi
Li Deposit
(Nemaska)
Tonalitic Unit
Gneiss
Metavolcanic
Metasediment
Granite
Komo
Galinée
Iceberg Li Showing
Moria
Sulu
Picard
Shire
Sulu
Warp
Elrond
Arwen Li Showing
(Brunswick Option)
Stornoway Diamond Corp.
Renard Mine
Newmont
Éléonore Gold Mine
Main Road
Midland
Lithium Occurrences
Midland/Rio Tinto
Option
Midland/Brunswick
Option
2
Elrond Project
2
Tonalitic Unit
Gneiss
Metavolcanic
Metasediment
Granite
Elrond project
Brunswick Option
Améliane Li Showing
(Harfang Exploration Inc.)
( see press release by Harfang
Exploration Inc. dated December
6, 2023)
Main Road
Midland
Lithium Occurrences
Midland/Brunswick
Option
New Showing
Arwen Li Showing
Up to 3% Li2O
Elrond project
Midland 100%
3
3
Arwen Showing
Helicopter
4
Arwen Showing
4