Midland Provides an Overview of Its Exploration Activities Including Its Lithium Projects IN James BAY
MIDLAND PROVIDES AN OVERVIEW OF ITS EXPLORATION ACTIVITIES
INCLUDING ITS LITHIUM PROJECTS IN JAMES BAY
Montreal, September 12, 2023. Midland Exploration Inc. (“Midland”) (TSX-V: MD) is pleased to
give an overview of its exploration activities in Quebec, including on its several projects in partnership
for lithium in James Bay. Following the complete lifting of access bans to James Bay caused by the
forest fires of the summer of 2023, several exploration programs have recently begun.
In 2023, Midland continued to apply its business model as a “Project Generator” with the recent
acquisition of several new high-quality properties and the formation of several new partnerships across
Quebec, including new partnerships for lithium exploration in the James Bay region. With an
exploration budget of more than $ 15M, Midland and its partners will have completed nearly 20,000
metres of drilling.
Midland is very busy working to advance several projects in partnership with major companies such as
BHP Canada Inc. (“BHP”), Rio Tinto Exploration Canada Inc . (“RTEC”), Barrick Gold Corporation
(“Barrick”), SOQUEM Inc. (“SOQUEM”), Brunswick Exploration Inc. (“Brunswick”), Probe Gold
Inc. (“Probe”), Wallbridge Mining Company Ltd. (“Wallbridge”) and Cosmos Exploration Limited
(“Cosmos”).
Highlights:
• Commencement of exploration programs for lithium (“Li”) in James Bay with Rio Tinto,
Brunswick and Cosmos following the complete lifting of access bans;
• Work for lithium focussing near Corvette ( Patriot Battery Metals), Adina (Winsome
Resources) and James Bay lithium (Allkem);
• Work in progress (ZTEM, lakes, prospection) in Nunavik with BHP for Ni-Cu;
• Drilling to come with RTEC to follow-up Santos Ni-Cu discovery on Tête Nord;
• Drilling ongoing with Probe on La Peltrie on the 2022 Cu-Au-Ag-Mo discovery;
• Commencement of a program with SOQUEM on the 2022 Cu-Au discovery at Nachicapau.
Lithium Projects (Li) - James Bay
Corvette, Chisaayuu and Mythril East Projects – 100% Midland, in option agreement with RTEC
A first exploration program including LiDAR surveys as well as prospecting and mapping work is in
progress. This work will cover the properties located east and south-east of Corvette deposit held by
Patriot Battery Metals ( “Patriot”) with an est imated inferred resources of 109.2 Mt at 1.42% Li2O.
(Source: NI 43-101 technical report on the maiden mineral resource estimate for the CV5 spodumene
pegmatite prepared by BBA Engineering Ltd, effective date June 25, 2023).
These projects contain amphibolite formations, which are regionally the most common host rock for
lithium pegmatites, and a compilation o f historical work by Midland revealed strong indications of
potential for Li -Be-Ta enric hed p egmatites. During exploration work for copper in 2022 on
Chisaayuu, a pegmatite outcrop had returned two strong lithium anomalous values in selected samples:
0.12 % Li2O and 0.04 % Li2O. In addition, new lithium anomalies in lake-bottom sediments have been
identified on Chisaayuu and Corvette following a regional statistical treatment of more than 23,000
analysis and completed by Midland (see Midland press release of March 6, 2023).
Galinée Project – 100% Midland, in an option agreement with RTEC
The Galinée Project is located approximately 4 kilometres directly east of Adina showing held by
Winsome Resources. This Adina showin g is at the contact between amphibolites of the Trieste
Formation to the south and felsic intrusives to the north. This contact is marked by a major structure
that most likely controlled the empla cement of pegmatites on th e Adina showing. This same highly
favourable contact is present on Midland’s Galinée pr operty over more than 7 kilometres and has
never been explored for lithium in the past. This suggests that the Galinée project shows potential for
lithium exploration. T he maiden exploration program for lithium will target this structure by
helicopter supported prospecting and geological mapping as well as a high-resolution LiDAR survey.
Komo Project – 100% Midland, in an option agreement with RTEC
The Komo Project is located ap proximately 20 kilomet res west of James Bay lithium deposit
(Allkem) which contains a mineral res ource of 110.2 Mt at 1.30 % Li2O, consisting in an indicated
resource of 5 4.3 Mt at 1 .30% Li 20 and an inferred resource of 55.9 Mt at 1.29% Li20. (Source:
Mineral Resource Estimate by SLR Consulting (Canada) Ltd. dated May 19, 2023).
Komo and James Bay lithium deposit are b oth located at the cont act between the La Grande and
Nemiscau geological subprovinces. This contact is a m ajor structure that likely play a cr itical role in
the emplacement of the James Bay lithium host pegmatite. This major lithotectonic contact is present
over nearly 30 kilometr es on the Komo project and had ne ver been explored for lithium. A LiDAR
survey was completed in the summer of 2023, and prospection and geological mapping is planned for
a second field phase later in 2023.
Mythril and Elrond Project – 100% Midland, in an option agreement with Brunswick
Initially, the program will mai nly focus on th e southern part of the Mythril project, near Corvettes’
lithium discoveries by Patriot. Several important structural trends were oriented north-east and share
the same orientation as Patriot’s CV13 spodumene pegmatites and will be targeted by a helicopter-
supported prospecting and mapping exploration program, as well as a LiDAR survey.
Furthermore, two new lake bottom lithium anomalies were identified south on the project, following a
regional statistical treatment of more than 23,000 analysis, and completed by Midland.
Lasalle Project – 100% Midland, in an option agreement with Cosmos
An interpretat ion of a high-resolution magnetic survey s as well as the analysis of imagery data,
LiDAR and hyper-spectral data were completed and made it possible to identify three (3) new target
areas characterized by the possible presence of pegmatites for a field follow-up which was recently
completed. The results of this program are pending.
Nickel-Copper Projects (Ni-Cu) - Nunavik and Grenville
Nunavik Nickel Project – Strategic Alliance with BHP
The 2023 exploration program , which beg an in July 2023 , is focused on a major crustal -scale
structure that has been identified in the regional magnetotelluric (“MT”) surveys performed in 2022.
This structure, previously poorly recognised is potentially favorable for nickel-copper mineralization.
The 2023 program consisted of a 1,534 samples lake sedimen t survey and an airborne Z -Tipper axis
electromagnetic survey (“ZTEM”) as well as two phases of mapping and prospecting completed
during July and August. Results of the program are pending.
Tête Nord Project – 100% Midland, in an option agreement with RTEC
A first drilling p rogram wa s completed in the spring of 2023 by RTEC on Tête No rd, l ocated in
Grenville, this program included a total of sixteen (16) drill holes totaling 3,450 meters. During this
program, a new Ni-Cu mineralized zone named Santos was discovered about 8 kilometers north of the
former Lac Édouard Ni-Cu mine along a north-south trending structure.
The drill hole MDLD0015 had intersected between 20.11 and 2 2.79 meters an interval grading
1.10% Ni and 0.71% Cu over 2.68 meters. Further down, between 33.02 and 43.39 meters, a
mineralized interval graded 0.45% Ni and 0.18% Cu over 10.37 meters (see Midland press release of
April 27 , 2023). These mineralized gabbro zon es generally display sulphides with mesh and
disseminated textures and alternate with non-mineralized metric gabbro horizons.
Following this survey, the results of the electromagnetic surveys completed on the surface and in the
borehole, indicate the presence of an unexplained conductor that dips to the southeast. The Santos
zone therefore remains entirely open in this direction. A gravity geophysical survey has also been
completed and a second pha se of drilling of 1 ,900 meters at Santos, Palmeiras and Sav ane began in
July 2023 and will continue later this fall, when deforestation permits to access the drill sites will be
obtained.
Copper-Gold Projects (Cu-Au) - Abitibi and Labrador Trough
La Peltrie Project – 100% Midland, in an option agreement with Probe
In December 2022, a large copper-gold-silver-molybdenum (“Cu-Au-Ag-Mo”) mineralized system
was announced on La Pelt rie, Abitibi . The mi neralization intersected in LAP -22-012 was present
throughout the entire drill hole , identifying a th icker interval mineralized in Cu-Au-Ag-Mo grading
0.21% CuEq over 345.5 metres from surface with potential to continue laterally and at depth.
A 2,700-metre follow-up drilling program on the 2022 discovery is currently underway following the
delays of more than two months due to forest access bans caused by the 2023 summer forest fires.
Nachicapau Project – Strategic Alliance with SOQUEM
During pro specting carried out in the summer of 2022, Midland -SOQUEM team had discovered
several new high-grade copper and gold mineralized horizons at the surface which had been observed
over a minimum area of 160 metres by 170 metres. A grab sample returned up to 25.6 % Cu, 4.9 g/t
Au and 162 g/t Ag. Copper mineralization is dominated by digenite and bornite.
A first exploration program has just started and will target the Cu-Au-Ag mineralized horizon sector
and its extensions along the Murdoch volcano -sedimentary formation. This sector of Nunavik has
been the subject of very little exploration work in the past. O ngoing work include s soil and rock
sampling in anticipation of completing stripping and channeling.
Gold Projects (Au) - Abitibi
Patris Project – 100% Midland, in an option agreement with Barrick
Since the option agreement with Barr ick announced in June 2023, a VTEM helicopter -borne
electromagnetic survey has been completed to cover the entire Patris property. The r esistivity
component is being used to map overburden thickne sses and variat ions in preparation for an
upcoming till drilling campaign in the winter of 2024.
Casault Project – 100% Midland, in an option agreement with Wallbridge
During 2023, Wallbridge completed a high -resolution magnetic sur vey on select areas over the
western portion of the property, as well as a till sampling program (Sonic drill -for-till survey) in the
eastern part of the property. The final results and interpretations of the programs are pending but will
help develop drill targe ts for testing in future programs. Additionally, several quality drill targets
remain to be tested on the entire Casault property, several of which are located in the area
surrounding the Vortex showing discovered in 2017, which is open at depth, and along a NW - SE
structure that returned 6.85 g/t Au over 2.0 meters in hole CAS-21-123.
Cautionary statements
Grab samples are selective by nature and reported values are not necessarily indicative of mineralized
zones.
The true thickness of reported channel and drilling intervals cannot be determined with the
information currently available; intervals are thus reported in core length and channel length.
Mineralization occurring at deposits and former mine s mention ed in this press release is not
necessarily indicative of mineralization that may be intersected on projects held by Midland described
in this press release.
About Midland
Midland targets the excel lent mineral pot ential of Quebec to make the disc overy of new world-class
deposits of gold and critical metals . Midland is proud to count on reput able partners such as BHP
Canada Inc., R io Tinto E xploration Canada I nc., Barrick Gold Corporat ion, Wallbridge Mining
Company Ltd, Probe Gold Inc., Agnico Eagle Mines Limited, Osisko Development Corp., SOQUEM
INC., Nunavik Mineral Exploration Fund, Cosmos Exploration Limited and Abcourt M ines Inc.
Midland prefers to work in partner ship and intends to quickly con clude additional a greements in
regard t o newly acquired propert ies. Management is currently reviewing other opportunitie s and
projects to build up the Company portfolio and generate shareholder value.
This press release was prepared by Mario Masson, VP Exploration for Midland, certified geologist 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.midlandexploration.com
Neither TSX Venture Exc hange nor its Regulation Services Provider (as that term is defined i n the
policies of the T SX Venture Exchange) accepts responsibility for the a dequacy or accuracy of this
release.
This press release may contain forward -looking statements that are subjec t to known and unknown
risks and uncertaint ies that could cause actua l results to vary materially from ta rgeted results. Such
risks and uncertain ties includ e 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
Midland – Rio Tinto New Option for Lithium
1
James Bay Li
Deposit (Allkem)
Corvette Li
pegmatites
(Patriot Battery
Metals)
Rose Li
Deposit
Sirmac Li
Deposit
Moblan Li
Deposit
New Li
Discovery
Adina
(Winsome)
Mythril East, Chisaayuu & Corvette
• LiDAR completed
• Prospecting in progress
Whabouchi
Li Deposit
(Nemaska) Main Road
Midland
Lithium Occurrences
Midland/Rio Tinto
Option
Tonalitic Unit
Gneiss
Metavolcanic
Metasediment
Granite
Komo
• LiDAR completed
• Prospecting in 2023
Galinée
• LiDAR completed
• Prospecting in progress
Moria
Sulu
Picard
Shire
Sulu
Warp
2
James Bay (North) New Lithium Discoveries
2
Tonalitic Unit
Gneiss
Metavolcanic
Metasediment
Granite
Lasalle project
Cosmos Option
Main Road
Midland Project
Lithium Occurrences
Power line
Chisaayuu project
Rio Tinto Option
Galinée project
Rio Tinto Option
New Li Discovery
Trieste (Loyal
Lithium)
New Li Discovery
Escale (Brunswick
Option)
Mythril East
(West block)
Rio Tinto Option
Tilly South
Corvette Li pegmatites
(Patriot Battery Metals)
CV5: Inferred 109.2 MT
at 1.42% Li2O New Li Discovery
Adina (Winsome)
Up-to 1.37% Li2O over
61.2m from 8.9m
Mythril project
Brunswick Option
Corvette project
Rio Tinto Option
Mythril East
(East block)
New Li Discovery
Corvette Far East
(Cosmos)
3
3
DETOUR LAKE
NELLIGAN
ZONE 58N
MARTINIERE
BUG LAKE
FENELON GOLD
CASA BERARDI
DOUAY
VEZZA
GEANT DORMANT
MOROY
LAC ROSE
WINDFALL
BARRY
Kenorland / Newmont Option
PERRON
WESTWOOD CROINOR
CANADIAN MALARTIC
KIENA
GOLDEX
LAMAQUE
HOLT / MCDERMOTT
Volcanics
Igneous rocks
Sediments
Midland Projects
Gold Mines, Projects
Sunday Lake FaultLower Detour Fault
Cadillac Fault
FAYOLLE
BEATTIE
Laflamme
Abcourt JV
Coigny
Turgeon
La Peltrie
Probe Opt
Casault
Wallbridge Opt
Lac Esther
Nomans
Jeremie
Valmond
ELDER
WASAMAC
GRANADA
Chicobi Fault
Gaudet-Fenelon
Probe JV
Guyberry
Fleuribleu
LAC SHORTT
M-Cadillac
Agnico Eagle JV
Mistaouac Jouvex
Heva
Abitibi Projects – Midland Projects & JV’s
Casault Option Wallbridge
Drilling program Tills Sonic
La Peltrie Option Probe
Drilling program in progress
New Cu-Au-Mo-Ag Discovery
0.2% CuEq over 345.5 m
Noyelles
Lewis
Samson
BELL OSBOURNE
Adam
Patris Option Barrick
VTEM & prospecting
2024 Winter drilling program (tills)
HORNE 5 LARONDE
Nomans Project
Mag HR grids completed
Till surveys – results pending
Nickel Square
Patris
4
4
Strategic Alliance Ni-Cu
Midland-BHP
2023 Lake Sediments, ZTEM, Prospecting
Strategic Alliance
Midland-SOQUEM
New Nachicapau Cu-Au-Ag Discovery
Up to 25.6% Cu, 4.9 g/t Au, 162 g/t Ag (grab)
Midland-NMEF JV Ni-Cu
Willbob Au
Pallas PGE
Soissons Ni-Cu
Nunavik –Midland Projects & Alliances