Midland Provides an Overview of Its Exploration Activities for 2022
Midland Exploration Inc. (“Midland”
) is pleased to provide an overview of
its plans for 2022 in Quebec, and to review the main highlights and
discoveries of 2021. Midland continues to apply its business model
as a “Project Generator
” with the recent
acquisition of several new high-quality properties and the
formation of several new partnerships across Quebec.
With a budget for 2022 estimated at
nearly $8 million and nearly 20,000 metres of drilling
planned, Midland will be very busy, working to advance
several projects in partnership with major companies such as BHP
Canada Inc. (“BHP”), Rio Tinto
Exploration Canada Inc. (“Rio
Tinto”), SOQUEM Inc.
(“SOQUEM”), Probe Metals Inc.
(“Probe”) and Wallbridge Mining Company Ltd
areas for 2022 are in Nunavik, Abitibi, James Bay, and the
Grenville (near the town of La Tuque).
For calendar year 2022, Midland expects to
generate a steady stream of news from its various partnerships and
key projects, namely:
- Nunavik Alliance with BHP (Ni-Cu); Midland is
project operator under the Nunavik Alliance with BHP and will adopt
a focused approach in 2022 in an effort to quickly generate a
world-class Ni-Cu discovery. Fieldwork including regional
geophysical VTEM surveys conducted in 2020 and 2021, confirms the
potential for the discovery of an important world-class Ni-Cu
deposit. Geophysical work, consisting in a regional magnetotelluric
(MT), will resume in the second quarter of 2022 and will be
followed in the third quarter of 2022 by a third field program
involving prospecting work and mapping campaigns.
- Tête-Nord Option with Rio Tinto (Ni-Cu); Near
the end of 2021, Midland concluded an option agreement with Rio
Tinto for the Tête-Nord Ni-Cu project located in the Grenville
geological Province, near the town of La Tuque in Haute Mauricie
(see press release by Midland: Midland options its Tete Nord Ni-Cu
property to Rio Tinto, dated December 2, 2021). An initial $900,000
budget will be invested by Rio Tinto in the first few months of
2022 to conduct helicopter-borne electromagnetic surveys, followed
in the summer of 2022 by prospecting and mapping. The surveys will
total more than 6,700 line kilometres and will provide full
coverage of the claims under option with flight lines at a
100-metre spacing. Rio Tinto is project operator.
- Labrador Trough Alliance with SOQUEM; Midland
and SOQUEM will jointly conduct their second prospecting campaign
under the Labrador Trough Alliance. Several new targets will be
prospected, including some follow-up work on an erratic boulder
discovered in the late summer of 2021, which graded 40.8 g/t Au in
- Casault Option with Wallbridge (Au) in the Detour
Belt; Wallbridge is currently finalizing plans for the
2022 exploration campaign, to follow-up on the new gold discovery
reported in 2021, which graded 6.85 g/t Au over 2.0 metres. In
addition, a magnetic drone survey is planned for the eastern blocks
of the property to provide high resolution magnetic data to inform
geologic modelling and drive exploration targeting.
- Partnership with Probe (Au) in the Detour
Belt; On the La Peltrie option, located south of the Lower
Detour Fault, approximately 25 kilometres east of the Z58N deposit,
Probe is planning to complete several geophysical (IP) grids during
the winter of 2022, in preparation for a drilling campaign
totalling approximately 5,000 metres, planned for the summer of
2022. Also, geophysical and biogeochemical surveys will be
completed during the winter of 2022 in the eastern part of the
Gaudet-Fenelon JV project, located approximately 5 kilometres south
of the Fenelon Gold deposit.
In addition, Midland expects to advance several
of its wholly owned projects in Quebec over the coming months.
Midland is namely planning to conduct high-resolution
helicopter-borne magnetic surveys and geochemistry surveys on
several of its projects including Lewis, Noyelles, Fleuribleu and
Samson. Prospecting campaigns will also take place on a number of
projects in the James Bay region, including Mythril, Chisaayuu,
Galinée and Komo.
2021 Calendar Year
Over the course of 2021, Midland and its
partners completed more than 14,000 metres of drilling and
discovered several new mineral occurrences and mineralized boulders
on its various projects.
Among the highlights of 2021,
Midland reported the following:
- Under the Nunavik Alliance with BHP for Ni-Cu, an important
regional VTEM-type electromagnetic survey was completed in 2021.
The two prospecting campaigns conducted to date, in 2020 and 2021,
led to the discovery of several new Ni-Cu showings, including the
Bonne Une showing. Nickel and copper tenors (grades normalized to
100% sulphides) at the Bonne Une showing reach 6.1% Ni and
4.87% Cu, thus confirming the excellent potential of this
surface occurrence (see press release by Midland dated April 15,
- In November 2021, Midland signed a new option agreement with
Rio Tinto for the Tête-Nord Ni-Cu project located in the Grenville
geological Province, near the town of La Tuque. Nickel tenors
(grades normalized to 100% sulphides) for historical samples
collected at the Savane showing reach 3.5% Ni (see
press release by Midland: Midland options its Tete Nord Ni-Cu
property to Rio Tinto, dated December 2, 2021).
- In partnership with Wallbridge on the Casault option, located
along the Sunday Lake Fault approximately 40 kilometres east of the
Detour Lake mine, a new gold-bearing structure was intersected in
drill hole, with an interval grading 6.85 g/t Au over 2.0
metres. The Casault project is wholly owned by Midland and
is currently under option by Wallbridge (see press release by
Midland dated October 21, 2021).
- A gold-bearing boulder (Rubeo) grading 40.8 g/t
Au (grab sample) was discovered by prospecting during the
summer of 2021, in partnership with SOQUEM under the Labrador
Trough Alliance (see press release by Midland dated December 16,
- The 3D model on the Mythril project is currently being updated
to include drilling results from 2021. These include drill hole
MYT-21-38, which intersected a mineralized zone from 56.50 to
85.00 metres, grading 0.59% Cu, 0.05 g/t Au, 1.87 g/t Ag
and 0.025% Mo over 28.50 metres, including 1.02%
Cu, 0.09 g/t Au, 2.62 g/t Ag and 0.048% Mo (1.29% CuEq.) over 10.50
metres from 56.50 to 67.00 metres (see press release by
Midland dated September 2, 2021).
- During prospecting work on the Chisaayuu claim block of the
Mythril Regional project, two new high-grade gold-bearing boulders
were discovered, yielding values in grab samples of
10.25 g/t Au, 8.0 g/t Ag and 7.99 g/t
Au, 166 g/t Ag, 0.4% Cu, 0.07% Mo (see press release by
Midland dated October 27, 2021).
- Grab samples are selective by nature and reported values are
not necessarily indicative of mineralized zones.
- The true thickness of reported intervals cannot be determined
with the information currently available; intervals are thus
reported in core length.
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 BHP Canada Inc., Rio Tinto
Exploration Canada Inc., Probe Metals Inc., Wallbridge Mining
Company Ltd, Agnico Eagle Mines Limited, Osisko Development Corp.,
SOQUEM Inc., Nunavik Mineral Exploration Fund, 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 Corporation portfolio and generate
This press release was prepared by Mario Masson,
P.Geo., VP Exploration for Midland 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:
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
Photos accompanying this announcement are available at:
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