Midland Issues an Update ON Its Activities IN Quebec and Identifies Several New Exploration Targets
MIDLAND ISSUES AN UPDATE ON ITS ACTIVITIES IN QUEBEC AND IDENTIFIES
SEVERAL NEW EXPLORATION TARGETS
Montreal, October 27, 2021. Midland Exploration Inc. (“Midland”) (TSX-V: MD) is pleased to issue
an update on its latest exploration activities across Q uebec. Over the last few months, Midland and its
partners have been very active in the field with a variety of drilling, stripping, geochemical sampling
and prospecting campaigns. Several new mineral occurrences were discovered, and a number of new
exploration targets were identified on various projects.
Two drilling campaigns were completed on the Casault and Gaudet -Fenelon JV projects during the
summer, for a total of nearly 10,000 metres of drilling. On Casault, a new gold-bearing zone was
recently identified in hole CAS-21-123 (see Midland press release dated October 21, 2021).
Overall, more than 7,000 samples were sent to the lab oratory for assaying and assay results are
currently pending.
Highlights:
• New Au-bearing zone on Casault returned 6.85 g/t Au over 2.0 metres in hole CAS-21-123
• 13 drill holes (5,295 metres) completed on the Casault project under option by Wallbridge
• 14 drill holes (4,483 metres) completed on the Gaudet-Fenelon JV project with Probe
• Two (2) new high -grade boulders discovered east of Mythril; 10.25 g/t Au, 8.0 g/t A g and
7.99 g/t Au, 166 g/t Ag, 0.4% Cu, 0.07% Mo
• Prospecting programs completed in Nunavik under our Alliances with BHP and SOQUEM
• Stripping and channel sampling completed on the Golden Nest showing on Lewis
• More than 7,000 assay results pending
Abitibi region
Casault project (100% Midland – Under option by Wallbridge Mining)
A drilling program consisting of thirteen (13) drill holes totalling 5,295 metres was recently completed
to test a series of NW -SE-trending structures interpreted from the magnetic survey. These targets are
located a few kilometres north of the Sunday Lake Fault and west of the Martiniere and Bug Lake
deposits.
Hole CAS-21-123, the first drill hole of the program, was testing a prominent NW -SE oriented
structure interpreted from airborne magnetics and intersected 6.85 g/t Au over 2.00 metres from
254.50 to 256.50 metres. This new intersection is associated with a mineralized zone co nsisting of
chalcopyrite, p yrite, pyrrhotite, and el ectrum, a gold-silver mineral phase , within deformed and
heavily carbonate-altered host rocks. This NW-SE structural orientation remains untested over more
than 3 kilometres on the Casault property and is known to control gold mine ralization at Fenelon and
Martiniere. A series of large structures o f this trend also transects the Casault property. Complete
assay results are pending.
Gaudet-Fenelon JV project (50% Midland – 50% Probe Metals)
Over the course of August and September, fourteen (14) drill holes to talling 4,483 metres were
completed to test induced polarization anomalies coinciding with biogeochemical anomalies and
structures interpreted from the magnetic survey. Assay results are pending.
La Peltrie project (100% Midland – Under option by Probe Metals)
On the La Peltrie project, three (3) induced polarization grids were surveyed this summer to cover
biogeochemical anomalies identified al ong the perimeter of a syntectonic i ntrusion. The final results
and interpretation of the three surveys are pending. A follow-up campaign is in preparation for 2022.
Samson project (100% Midland)
A black spruce bark biogeochemistry survey was conducted in the winter of 2021 in the vicinity of the
new high-grade gold discovery at Golden Delilah, which graded up to 99.1 g/t Au over 0.40 metre
(DDH SAM-20-10; 106.45-106.85 m) and 23.0 g/t Au over 1.05 metres (DDH SAM-20-15; 317.10-
318.15 m). This biogeoch emistry survey identified a new gold an omaly located approximately
2 kilometres southeast of the Golden Delilah showing. This new area has never been drill-tested and is
located near the western contact of a felsic pluton, w here identified gold anomalies a re aligned along
structures mainly trending NW-SE and N-S.
Adam project (100% Midland)
In the spring of 2021, a black spruce bark biogeochemistry survey covering the entire Adam property
was completed. The results highlighted several areas with anomalous Au, As, Cu and Zn values, some
of whi ch are located along the same stratigraphic level as the B26 deposit, i.e., just north of the
regional fault marking the contact between the Enjalran and Brouillan groups. In addition, several of
these anomalies coincide with new untested helicopter-borne VTEM-type electromagnetic anomalies.
Mistaouac project (100% Midland)
A bl ack spruce bark biogeochemistry survey was completed to cover the entire property. Several
anomalies were ide ntified, one of which is of part icular interest along the contact of th e Orvilliers
pluton. This kilometre -scale anomaly is characterized by elevated values in Au, Ag, Cu, Mo, Sb and
Te.
Lewis project (100% Midland)
Following the discovery made this past summer by prospecting at the Go lden Nest showing, where
grab samples yielded grades of 10.2 g/t Au and 2.1 g/t Au, mechanical stripping and channel sampling
were completed in September. Approximately 50 samples are currently in the laboratory and assay
results are pending.
Patris project (100% Midland)
New exploration targets were identified following a new lithogeochemical interpretation of the e ntire
property. These new targets include the depth extension of drill holes PAT-15-05 and PAT-16-08,
which identified an extensive hydrothermal alteration zone (Au-Ag-Pb-Mo-Te) more than 80 metres
wide. In addition, two new target areas associated with Camflo-type alkaline intrusions were identified
near the La Pause Fault , where turbidites of the Kewagama Group are in contact with volcanic ro cks
of the Malartic Group.
James Bay region
Mythril and Mythril Regional projects (100% Midland)
Over the cour se of August, a prospecting campaign led to the discovery of two new high -grade
boulders on the Chisaayuu claim block of the Mythril Regional project. These gold-bearing boulders
are located approximately 75 kilometres east of the Cu-Au-Ag-Mo Mythril zone, where the 3D model
is currently being updated to include the results of the 2021 drilling program. These results include
hole MYT-21-38 where 0.59% Cu, 0.0 5 g/t Au, 1.87 g/t Ag and 0.025% Mo over 28.50 metres
from 56.50 to 85.00 metres, including 1.02% Cu, 0 .09 g/t Au, 2.62 g/t Ag and 0.048% Mo over
10.50 metres from 56.50 to 67.00 metres, was obtained.
The two mineralized b oulders discovered this summer o n Chisaayuu yielded values of 10.25 g/t Au,
8.02 g/t Ag (in Boulder 1), and 7.99 g/t Au, 166 g/t Ag, 0.4% Cu and 0.07% Mo (in Boulder 2). A
till sampling program is in preparation for the summer of 2022, as a follow-up and to locate the source
of the boulders.
Galinée project (100% Midland)
Prospecting work carried out in August on the Galinée gold projec t identifie d s everal new gold -
bearing boulders that yielded values in grab samples up to 1.43 g/t Au, 1 .40 g/t Au and 1.08 g/t Au
south of the Elsa showi ng. Other boulders were also discovere d approximately 2 kilometres further
west, grading up to 0.96 g/t Au and 0.50 g /t Au (grab samples ). Several induced polarization
anomalies remain unexplained to the north of these gold-bearing boulders.
Elrond project (100% Midland)
The final results of the 80 till samples collected over the summer , southwest of Harf ang Exploration
Inc.’s Serpent gold project, are pending.
Nunavik region
Ni-Cu Alliance with BHP in Nunavik
A three ( 3)-week prospecting program was completed in September and October und er the Ni -Cu
Alliance with BHP. This program was mainly designed as a ground follow-up of VTEM -type
electromagnetic anomalies identified during the summer 2021 survey. More than 100 samp les were
collected, and assay results are pending.
Alliance with SOQUEM in the Labrador Trough
During the summer of 2021, two phases of prospecting totalling three weeks each were conducted in
partnership with SOQUEM under the Labrador Trough Alliance. M ore than 900 samples were
collected, and assay results are pending.
Cautionary statements
• Grab samples are s elective by n ature and reported values are not necessarily indicative of
mineralized zones.
• The true thickness of reported interval s cannot be determined with the information currently
available; intervals are thus reported in core length.
• Mineralization occurring on the Fenelo n Gold and M artiniere/Bug Lake projects held by
Wallbridge are not necessarily indicative of mineralization that may b e found on t he Casault
property held by Midland.
Quality Control
Drill core samples from the 2021 drill program at Casault were cut and bagged on site and transported
to AGAT Laboratories Ltd. for analysis. Samples are crushed to 75% less than 2mm. A 250g riffle
split is pulverized to 85% passing 75 microns. 50g samples are analyze d by fire assay and AAS.
Samples >10g/t Au are automatically analyzed by fire assay with gravimetric finish or screen metallic
analysis. To test for coarse free gold and for additional qua lity assurance and q uality control,
Wallbridge requests screen metal lic analysis for samples containing visible gold. These and future
assay results may vary from time to time due to re‒analysis for quality assurance and quality control.
Exploration program desi gn and interpretation of results on Galinee and Chisaayuu projects is
performed by qualified persons em ploying a Qualit y Assurance/Quality Control program consistent
with industry best practices, including the use of stand ards and blanks with every 20 samples. Rock
samples on the project a re assayed for gold by standard 3 0-gram fire -assaying with inductivel y
coupled plasma atomic emissio n spectroscopy (ICP -AES; Au -ICP21) or gravimetric finish (Au -
GRA21) at ALS Minerals laboratories in Vancouver, British Columbia. All samples a re also analysed
for multi-elements, using four-acid ICP–AES method (ME-ICP61), also at ALS Minerals laboratories
in Vancouver, British Columbia. Samples that exceed 1% copper, zinc, molybdenum or nicke l are
reanalyzed by four-acid ICP-AES optimized for high grades.
About Midland
Midland targets the excellent mineral potent ial of Quebec to make the disco very of new wo rld-class
deposits of gold, platinum group elements and base meta ls. Midland is proud to count on reputable
partners such as BHP Canada Inc., Probe Metals Inc., Wallbridge Mining Company Ltd, Agnico Eagle
Mines Limited, Osisko Development Corp., SOQUEM Inc., Nunavik Mineral Exploration Fund, 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 curr ently reviewing other
opportunities and projects to build up the Corporation portfolio and generate shareholder value.
This press release was prepared by Mario Masson. P.Geo., VP E xploration 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: https://www.midlandexploration.com/
Neither TSX Venture Exchan ge nor its Reg ulation Services Provider (as that term is defined in the
policies of the TSX Venture Exchange) a ccepts responsibility for the adequacy or accuracy of this
release.
This press release may contain forward -looking statements that are subject to known and unk nown
risks and uncertainties that could cause actual results to v ary materially from targeted res ults. Such
risks and uncertainties inc lude 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.
1
Abitibi Geology – Midland Projects
DETOUR LAKE
NELLIGAN
ZONE 58N
MARTINIERE
BUG LAKE
FENELON / TABASCO
CASA BERARDI
DOUAY VEZZA
GEANT DORMANT
BELL OSBOURNE
LAC SHORTT
MOROY
LAC ROSE
WINDFALL
BARRY
Kenorland / Newmont Option
PERRON
WESTWOOD
LARONDE
CROINOR
CANADIAN MALARTIC
KIENA
GOLDEX
LAMAQUE
HOLT / MCDERMOTT
Volcanics
Igneous rocks
Sediments
Midland Projects
Gold Mines, Projects
Sunday Lake Fault
Lower Detour Fault
Cadillac Fault
FAYOLLE
BEATTIE
Patris
Guyberry
Heva
Laflamme
Abcourt JV
Coigny
Turgeon
Mistaouac
La Peltrie
Probe Opt
Jouvex Noyelles
Lac Esther
Nomans
Lewis
Fleuribleu
Jeremie
Adam
Samson
ELDER
WASAMAC
GRANADA
HORNE 5
Chicobi Fault
Mechanical stripping
M-Cadillac
Agnico Eagle JV
Geochem study &
New targets
New geochem targets
Gaudet-Fenelon
Probe JV
Drilling 14 ddh’s (4,285 m )
New geochem
& IP targets
2021 Results pending
Drilling 13 ddh’s (5,295 m )
Casault
Wallbridge Opt
New geochem targets
New geochem targets
New Discovery
6.85 g/t Au / 2 m
2
Midland / Wallbridge Casault Option
Midland Gold Projects
Mafic Volcanics
Felsic Volcanics
Ultramafics
Sediments
Mafic Intrusives
Felsic Intrusives
Casa Berardi Mine
Reserves 1.9 Moz Au
Douay
JouvexMistaouac
Valmond
Samson
Fleuribleu
Wallbridge Fenelon Gold
Up to 22.73 g/t Au over 48.01 m
Adam
Detour Lake Mine
Reserves P+P > 13Moz Au
Zone 58N Resources
Ind.: 534,300 oz Au
Inf. : 136,100 oz Au
Jeremie
Vezza West
Martiniere & Bug Lake
Hist. Ind. Res. 0.59 Moz Au
Vortex
B26
B14
Midland / Probe Gaudet –Fenelon JV
Selbaie Mine
Golden Delilah
La Peltrie
Probe Option
Gaudet-Fenelon
Probe JV
Casault 100% Midland
Wallbridge Option
New Gold Discovery
3
Casault Option – Property Geology
New Gold Discovery
Hole CAS-21-123
6.85 g/t Au over 2.0 metres
Martiniere & Bug Lake
Historical Ind. Res. 0.59 Moz Au
Bug Lake Zone
Up to 18.13 g/t Au over 44.45 m
4
Casault Option – 1st Magnetic Derivative
New Gold Discovery
Hole CAS-21-123
6.85 g/t Au over 2.0 metres
NW-SE Structure
Interpreted over 3 km