Midland Acquires New Properties With Strong Potential

 

MONTRAL, QC - Midland Exploration Inc. had acquired 455 new claims by map designation covering more than 200 square kilometres in the Labrador Trough some 80 kilometres west of Kuujjuak, Quebec. These new claims, exclusively owned, cover a large folded pluri-kilometric ultramafic-mafic complex known, in this section of the Labrador Trough, for its strong exploration potential for Platinum Group Elements (PGE).

At present, in this sequence of the Trough, numerous PGE enriched Reef-type mineralized horizons (characterized to be long, wide and narrow deposits) have been traced over several hundreds of meters, even kilometers, with PGE plus gold (PGE + Au) often beyond 2-3 grams per tonnes over few metres (m) thick as those very large Reef-type deposits as the Bushveld in South Africa and the Great Dyke in Zimbabwe. By instance, they are the Idefix, Palladin and Lafortune showings that returned up to 16.2 g/t PGE + Au over 1.0m, 3.5 g/t PGE + Au over 3.0m and 13.4 g/t PGE + Au in grab sample respectively.

Midland currently controls more than 120 kilometres of very prospective stratigraphy from where already 9 PGE + Au showings are documented (coming from the Quebec Ministere des Ressources Naturelles et de la Faune SIGEOM database) and returned values ranging from 0.47 to 2.17 g/t PGE + Au also along several kilometres of documented mineralized horizons. On Midland Properties, all together, 16 grab samples are above 0.50 g/t PGE + Au including 6 samples with values above 1.00 g/t PGE + Au.