ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for charts Register for streaming realtime charts, analysis tools, and prices.

MD Midland Exploration Inc

0.36
-0.015 (-4.00%)
17 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Midland Exploration Inc TSXV:MD TSX Venture Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.015 -4.00% 0.36 0.37 0.38 0.38 0.36 0.38 92,782 20:59:49

Midland Begins a Drilling Campaign on Laflamme

26/02/2014 1:00pm

Marketwired Canada


Midland Exploration Inc. ("Midland") (TSX VENTURE: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-Quevillon 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 Ministere 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).


About Midland 

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.


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.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Gino Roger
President and Chief Executive Officer
Tel: 450 420-5977
450 420-5978 (FAX)
E-mail: info@midlandexploration.com
Website: www.midlandexploration.com

1 Year Midland Exploration Chart

1 Year Midland Exploration Chart

1 Month Midland Exploration Chart

1 Month Midland Exploration Chart

Your Recent History

Delayed Upgrade Clock