Ad blocking detected

Thank you for visiting CanadianInsider.com. We have detected you cannot see ads being served on our site due to blocking. Unfortunately, due to the high cost of data, we cannot serve the requested page without the accompanied ads.

If you have installed ad-blocking software, please disable it (sometimes a complete uninstall is necessary). Private browsing Firefox users should be able to disable tracking protection while visiting our website. Visit Mozilla support for more information. If you do not believe you have any ad-blocking software on your browser, you may want to try another browser, computer or internet service provider. Alternatively, you may consider the following if you want an ad-free experience.

Canadian Insider Ultra Club
$500/ year*
Daily Morning INK newsletter
+3 months archive
Canadian Market INK weekly newsletter
+3 months archive
30 publication downloads per month from the PDF store
Top 20 Gold, Top 30 Energy, Top 40 Stock downloads from the PDF store
All benefits of basic registration
No 3rd party display ads
JOIN THE CLUB

* Price is subject to applicable taxes.

Paid subscriptions and memberships are auto-renewing unless cancelled (easily done via the Account Settings Membership Status page after logging in). Once cancelled, a subscription or membership will terminate at the end of the current term.

Midland Begins Major VTEM Survey on Mistaouac and Turgeon in the Casa Berardi Area and Resumes Drilling on Vortex

MONTREAL, April 12, 2018 (GLOBE NEWSWIRE) -- Midland Exploration Inc. (“Midland”) (TSX-V:MD) is pleased to report the commencement of a major helicopter-borne electromagnetic (“VTEM”) survey on its Turgeon and Mistaouac projects, wholly owned by Midland and acquired in the summer of 2016. The Turgeon property comprises 246 claims covering a surface area of approximately 138 square kilometres, whereas the Mistaouac property totals 404 claims in two claim blocks covering a surface area of approximately 208 square kilometres. The two properties are respectively located about 25 kilometres to the southwest and 30 kilometres east of the Casa Berardi mine.

Given its significant depth penetration in terrains characterized by the presence of conductive clay-rich overburden, this VTEM survey, conducted along flight lines at a 100-metre spacing and totalling approximately 2,830 line kilometres, is designed to detect new conductors that remained undetected in previous airborne electromagnetic surveys. 

In 2017, a compilation of historical work carried out on the Mistaouac and Turgeon properties revealed the presence of several historical drill holes with gold values, as well as base metal occurrences favourably located in prospective geological settings for gold and base metal deposits. The Mistaouac and Turgeon properties host extensive east-west-trending structures similar to the major gold-bearing fault zones in the Abitibi. In addition, compilation work has also identified several reverse circulation (RC) drill holes with anomalous gold values in tills.

Following the VTEM survey, Midland will perform follow-up work next summer in an effort to validate in the field the best VTEM anomalies located in favourable geological settings.

Drilling program begins on Casault – Vortex zone

The helicopter-supported drilling program started this week with two rigs on the Vortex zone, on the Casault project. This important program, consisting of nine (9) drill holes and totalling more than 3,500 metres, will test the extensions of the new Vortex discovery. This drilling program is expected to be completed near the end of April.

Figure 1: http://resource.globenewswire.com/Resource/Download/8cf0c8cf-dbf7-4bee-b3bd-70e647c9ec7c

Figure 2: http://resource.globenewswire.com/Resource/Download/746c81e9-9070-4b1e-aa60-ac1bafd1108c

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 Agnico Eagle Mines Limited, IAMGOLD Corporation, Osisko Mining Inc., Altius Minerals Corp., SOQUEM INC., NioBay Metals Inc. 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.

This press release was prepared by Mario Masson, VP Exploration for Midland, P.Geo. 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.

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.

Comment On!

140
Upload limit is up to 1mb only
To post messages to your Socail Media account, you must first give authorization from the websites. Select the platform you wish to connect your account to CanadianInsider.com (via Easy Blurb).