Montreal, February 26, 2014. Midland Exploration Inc. (“Midland”)(TSX-V: MD) is pleased to announce the start of a diamond drilling campaign on its Laflamme property, to test high-priority targets located along a gold trend identified during the 2013 work program. The Laflamme property is located about 25 kilometres northwest of the town of Lebel-sur-Quévillon and about 30 kilometres east of the Sleeping Giant mine and mill in Quebec.
This drilling program, totalling about 1,000 metres in five (5) drill holes, will test three helicopter-borne VTEM-type electromagnetic anomalies as well as the depth and northeast strike extensions of the Notting Hill showing, where a wide gold-bearing zone was intersected in 2013 grading 0.34 g/t Au over 25.56 metres, including an interval at 3.12 g/t Au over 1.5 metres (see Midland press release dated March 28, 2013).
The three VTEM targets to be tested during this campaign (EM-09, EM-17 and EM-18) are all located along the favourable gold trend. Anomaly EM-09 is located about 1.5 kilometres southwest of the Comtois NW showing discovered by Maudore, who reported grades of 71.7 g/t Au over 1.2 metres and 0.80 g/t Au over 40.80 metres about 12 kilometres northwest of the Comtois gold deposit (see Maudore press release dated June 6, 2012). Anomalies EM-17 and EM-18 are respectively located about 2 kilometres and 4 kilometres northeast of the Notting Hill showing, in a flexure zone bordering an intrusion.
The Laflamme property covers more than 50 kilometres of favourable stratigraphy and structures with potential for orogenic gold, volcanogenic massive sulphides (Cu-Zn), and magmatic Ni-Cu-PGE deposits associated with ultramafic rocks. This property was acquired in 2008 based on the presence of significant gold, copper, and zinc anomalies in till, identified under the Octave project jointly led by the Ministère des Ressources Naturelles et de la Faune (MRNF) and the Geological Survey of Canada (GSC).
The Laflamme project comprises 682 claims covering a surface area of about 359 square kilometres and is a joint venture between Midland and Aurbec Mines Inc., a wholly-owned subsidiary of Maudore (MAO: TSX-V).
Midland targets the excellent mineral potential of Quebec to make the discovery of new world-class deposits of gold, PGE, base metals and rare earth elements. Midland is proud to count on reputable partners such as Maudore Minerals Limited, Teck Resources Limited, Agnico Eagle Mines Limited, Donner Metals Ltd., Japan Oil, Gas and Metals National Corporation and SOQUEM 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 Midland Exploration 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
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.