Several New Gold-Bearing Zones Discovered On Heva Project

 

MONTREAL, QB - Midland Exploration Inc. reported that the latest prospecting campaign completed in November in three areas has led to the discovery of several new gold-bearing zones on its Heva Project. A recent soil sampling program, completed last August, identified several new exploration targets that were followed up during this prospecting campaign. Prospecting work carried out on targets defined by soil sampling confirmed a correlation between soil anomalies and the discovery of new gold-bearing quartz veins.

This project is wholly owned by Midland and is located near the prolific Cadillac Break, about 5 kilometers northwest of the Canadian Malartic gold mine, jointly held by Agnico Eagle Mines Limited and Yamana Gold Inc., where proven reserves are estimated at 54.89 million tonnes grading 0.97 g/t Au (1.72 Moz Au) and probable reserves at 166.64 million tonnes grading 1.12 g/t Au (6.0 Moz Au), for a total of 7.72 Moz Au. The Heva Project, acquired by Midland in May 2013 from Arianne Phosphate Inc., consists of two claim blocks, Heva West and Heva East, totaling 33 claims and covering a surface area of more than 1,200 hectares.

Prospecting was carried out in November in three different areas (West, Central and East). A total of 114 samples were collected on the property. In addition to the results reported above, prospecting samples in the West area also yielded grades of 1.30 g/t Au, 0.70 g/t Au, 0.71 g/t Au as well as eight (8) samples grading between 0.10 and 0.50 g/t Au. In the Central area, additional gold values of 2.12 g/t Au, 0.83 g/t Au, 0.68 g/t Au were reported, as well as ten (10) samples grading between 0.10 and 0.50 g/t Au. In the East area, additional gold values include 3.65 g/t Au, 1.32 g/t Au, 1.21 g/t Au, 1.04 g/t Au, 0.99 g/t Au, 0.77 g/t Au, 0.60 g/t Au, 0.55 g/t Au along with twenty (20) samples grading between 0.10 and 0.50 g/t Au (note that gold values from grab samples may not be representative of the mineralized zones).

Midland will begin a new phase of exploration work very shortly, including line cutting, a ground magnetic survey and an OreVision® IP induced polarization survey.