A correction from source is being issued with respect to the Midlands Minerals
press release that was disseminated on October 3, 2011 at 9:27 am EST. The
second paragraph referred to a purchase price of "$0.85 per share," which should
have read "$0.085 per share." The corrected release follows.


Midlands Minerals Corp. ("Midlands" or the "Company") (TSX
VENTURE:MEX)(OTCQX:MDLXF) is pleased to announce the appointment of Brian J.
Maher as a Special Advisor to the Board of Directors. The appointment was
effective September 29, 2011 and the board now consists of six board members and
one special advisor. Mr. Nick Tintor, Chairman of the Board stated: "We are
delighted to welcome Brian to our Board. He brings a wealth of experience that
will be invaluable to the Company, and his appointment strengthens our board and
will complement management in the efforts to move the Company forward." Mr.
Maher commented: " I am excited to be assisting a company like Midlands: High
quality projects in the key gold producing regions of Africa. I look forward to
the revitalized exploration program and future progress in both Ghana and
Tanzania".


The Company has also granted Mr. Maher stock options entitling him to purchase
500,000 common shares of the Company at $0.085 per share for a five year period.


Mr. Maher is currently the President and Chief Executive Officer of Prodigy Gold
Inc., which was created by unifying the assets of two Canadian junior
exploration companies, Kodiak Exploration Limited and Golden Goose Resources
Inc. in December 2010. Mr. Maher is an economic geologist with over 31 years of
experience in the international mining and exploration industry. Mr. Maher
received his BA degree (Geology) from the California State University, Chico in
1980 and his MSc. degree (Economic Geology) from Colorado State University in
1983, where he held a Colorado State Fellowship. Between 1979 and 1982, he
worked at various positions for Homestake Mining Company, focusing on
integrating new technologies with existing exploration programs and operations.
In 1982, Mr. Maher began a 16-year career with ASARCO Inc. Mr. Maher initiated,
designed and supervised exploration programs for gold and copper deposits in a
variety of geologic environments throughout North and South America, resulting
in the discovery of significant gold and base metal resources. From 1998 through
2002, Mr. Maher operated a successful geologic consulting business, emphasizing
geologic modeling, resource estimation and business planning, to multiple
junior, mid-size and large mining organizations. Between 2002 and 2004 Mr. Maher
was Project Manager for Metallic Ventures Gold Inc., supervising underground and
surface exploration at an underground gold mine in Nevada. In 2005, Mr. Maher
joined Hochschild Mining PLC., where he was involved in all aspects of the
company's North American exploration program, serving as the Exploration Manager
for the US, Canada and Mexico. Since July, 2009, Mr. Maher has been President
and CEO of Prodigy Gold Inc.


About Midlands Minerals:

Midlands Minerals is focused on developing a portfolio of high quality gold
exploration projects in Ghana and Tanzania, countries with exceptional histories
of gold production and home to some of the most profitable gold mines in Africa.
Midland's flagship gold property is the Sian project, site of a past producing
open pit gold mine located in the Ashanti gold belt. Sian has NI 43-101
compliant Indicated gold resources of 2.6 million tonnes grading 2.33 gpt gold
(192,400 ounces) and Inferred gold resources of 2.7 million tonnes grading 2.35
gpt gold (203,350 ounces). Extensions to these resources are open along strike
and at depth, highlighting the potential to grow the gold resource at Sian.
Midlands' highly prospective Kaniago gold project is located in Ghana's
Asankrangwa gold belt and contiguous to two past open pit gold producers: Abore
to the north and Obotan to the south. Recent drilling and exploration has
produced highly encouraging results, demonstrating the gold resource potential
of the project.


Midlands also holds highly prospective licences for gold and diamonds in two
regions in Tanzania. The first is found in the Lake Victoria Goldfields region
and includes its advanced Itilima Gold Project, which lies within the
Geita-Bulyanhulu-Sekenke Trend, which hosts over 40 million ounces in gold
reserves. The second region lies within the Kilindi-Handeni Trend and includes
the New Kilindi-Handeni prospecting licences.


Elizabeth Vida, P.Geo., a qualified person as defined by National Instrument
43-101, is responsible for the technical information contained in this release.
Please note: mineral resources that are not mineral reserves do not have
demonstrated economic viability. Additional information on Midlands can be
viewed under the Company's profile at www.sedar.com or on Midlands' website:
www.midlandsminerals.com.


This news release includes certain forward-looking statements or information.
All statements other than statements of historical fact included in this
release, including, without limitation, statements relating to the potential
mineralization and geological merits of the company's projects and other future
plans, objectives or expectations of Midlands Minerals Corp. (the "Company") are
forward-looking statements that involve various risks and uncertainties. There
can be no assurance that such statements will prove to be accurate and actual
results and future events could differ materially from those anticipated in such
statements. Important factors that could cause actual results to differ
materially from the Company's plans or expectations include risks relating to
the actual results of current exploration activities, fluctuating gold prices,
possibility of equipment breakdowns and delays, exploration cost overruns,
availability of capital and financing, general economic, market or business
conditions, regulatory changes, timeliness of government or regulatory approvals
and other risks detailed herein and from time to time in the filings made by the
Company with securities regulators. The Company expressly disclaims any
intention or obligation to update or revise any forward-looking statements
whether as a result of new information, future events or otherwise except as
otherwise required by applicable securities legislation.


Mexican Gold Mining (TSXV:MEX)
Historical Stock Chart
From Jun 2024 to Jul 2024 Click Here for more Mexican Gold Mining Charts.
Mexican Gold Mining (TSXV:MEX)
Historical Stock Chart
From Jul 2023 to Jul 2024 Click Here for more Mexican Gold Mining Charts.