WEEDON PROJECT

Weedon Project (PDF)

In 2006, Midland Exploration made the acquisition of a 100% interest in 29 mining claims of the Weedon property, formerly held by a private owned company (Ressources Tectonic) and has recently proceeded to the acquisition of an additional 327 mining claims, whereby Midland now covers and controls more than 30 kilometers in the volcano-sedimentary belt of Ascot-Weedon.  This belt hosts several volcanogenic massive sulphide (VMS) deposits including the former Cupra-d'Estrie mine (2.43 Mt at 2.74% Cu, 3.28% Zn, 38 g/t Ag, and 0.5 g/t Au), the Solbec mine (2.06 Mt at 1.57% Cu, 4.57% Zn, 0.68% Pb, 48.6 g/t Ag, and 0.61 g/t Au) and the Weedon mine (1.6 Mt at 2.33% Cu, 0.86% Zn, and 0.56 g/t Au).  The Ascot-Weedon belt shows many similarities with other prolific VMS mining camps, namely Bathurst in New-Brunswick and Buchans in Newfoundland. This acquisition is located in the Eastern Townships, about 120 kilometers south of Quebec City.

This property contains part of the Lingwick showing (historical mineral resource of 350,000 t grading 5.84% Zn, 0.61% Cu, 0.14% Pb, and 0.35 g/t Au estimated by SOQUEM in the 1970s and not compliant with National Instrument 43-101) located in the south part of the Weedon property. Many other Cu-Zn-Pb-Au-Ag showings are also known along the strike extensions of the Lingwick showing.  A new surface showing was recently discovered in the fall of 2006 by Ressources Tectonic.  The semi-massive sulphide lens was stripped and sampled.  Grab samples from the lens, located 500 meters south of the Lingwick showing, yielded grades reaching 2.23% Cu, 23.7% Zn, 5.95% Pb, 263 g/t Ag and 9.22g/t Au. No previous work is reported on this showing.

Historically, most of the exploration work on the Weedon property dates back to the 1970-1980s and beyond. Midland believes the area has great potential for the discovery of economic VMS deposits given its favorable geological setting spanning more than 30 kilometers and tested at very shallow depths over most of this extent. Moreover, the Weedon property provides an excellent opportunity to apply new exploration techniques specific to VMS deposits I an area with proven potential.

In August 2007, Midland Exploration signed an option agreement with Breakwater Resources where they could acquire 50% of Midland's interest by funding $3,000,000 in exploration expenditures and by making payments totalling $200,000 over 3 years. Due to deteriorating market conditions, Breakwater had to reduce its exploration spending and notified Midland at the end of 2008 of its intention not to pursue the option agreement signed in 2007.

During this period, Midland as operator completed an important helicopter-borne VTEM survey in the fall of 2007, several new targets have been identified and four of those were followed-up with a detailed VTEM survey in order to define drilling targets. During the summer of 2008, five (5) drill holes totalling 1100 meters were completed to test some VTEM targets as well as one geological target located to the south-west of the former Weedon mine (1.6 Mt at 2.33% Cu, 0.86% Zn, and 0.56g/t Au).  This program allowed confirming the presence of the Jasper-Chert horizon to the south-west of the former Weedon mine.  This favorable marker horizon hosts the former Weedon, Cupra-d'Estrie and Solbec mines and is poorly tested below 150 meters vertical depths in the lateral extensions of the Weedon mine.  In addition, felsic tuffs similar to those found within the volcaniclastic package of the Weedon deposit were intersected about 4 kilometers to the south-west of the former Weedon mine, opening new possibilities for exploration.

Recently, several drilling targets have been developed in the Lingwick area, principally in the down-plunge of the Lingwick showing and of the new 2006 showing.  Some historic untested chargeability anomalies (I.P) locally coincident with soil geochem anomalies represent also potential drilling targets along the strike extensions of the Lingwick showing.