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Midland Exploration Inc. (TSXV:MD) resumes exploration at Laflamme JV project

Mining
TSXV:MD
12 July 2022 14:30 (EDT)

Midland Exploration (MD) has resumed exploration at its Laflamme project, a joint venture between the company and Abcourt Mines.

The project is located roughly approximately 25 kilometers northwest of Lebel-sur-Quevillon in Abitibi, Quebec, and contains 436 claims that spans a total surface area of roughly 234 square kilometers.

Highlights from the exploration program include:

The company also said that high-grade gold-bearing boulders and shear structures were discovered by prospecting, which was discovered approximately 700 meters southeast of the historical Notting Hill gold showing.

The boulder in particular graded 28.7 grams per ton (g/t) gold and is characterized by an intense stockwork of quartz-ankerite veins containing up to 15 per cent pyrite mineralization.

Midland Exploration also said that prospecting yielded several anomalous gold values on outcrops with grades between 0.1 and 1.0 g/t gold in grab samples associated with new shear zones with strong carbonate alteration.

Over the course of July 2022, geophysical and geological work will be done in order to locate the source of gold-bearing boulders directly north of the latter.

In early August, the survey will be followed by a dipole-dipole IP survey along lines at a 100-meter spacing.

Midland Exploration is focused on the mineral potential in Quebec in order to make the discovery of world-class deposits of gold, platinum group elements and base metals.

Shares of Midland Exploration are up 2.74 per cent to C$0.38 as of 11:56 a.m. EDT on Tuesday.

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