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Midland Exploration in Partnership with Rio Tinto Announce New Nickel-Copper Zone on Tête Nord Project
MONTRÉAL, April 27, 2023 (GLOBE NEWSWIRE) -- Midland Exploration Inc. (“Midland”) (TSX-V: MD) is pleased to announce the intersection of a new nickel-copper (“N
About this update from Midland Exploration Inc.
[{"type":"text","content":" MONTRÉAL, April 27, 2023 (GLOBE NEWSWIRE) -- Midland Exploration Inc. (“Midland”) (TSX-V: MD) is pleased to announce the intersection of a new nickel-copper (“Ni-Cu”) occurrence during the first drilling program completed by Rio Tinto Exploration Canada Inc. (“RTEC”) on the Tête Nord property. Located near the town of La Tuque, Quebec, this property is currently wholly owned by Midland but is under option by RTEC since December 2021 (see Midland’s press release dated December 2, 2021). Highlights: New Ni-Cu zone (Santos) 8 km north of the former Lac Edouard Ni-Cu mine; Significant Ni-Cu mineralisation intervals were encountered from surface to 79 metres. Varied textured gabbro representing multiple intrusions were encountered with mineralisation that ranged from weakly disseminated, net-textured to semi-massive; Drill intercepts grading up to 1.10% Ni, 0.71% Cu over 2.68 metres and 0.45% Ni, 0.18% Cu over 10.37 metres; The Santos zone remains open at depth and is accompanied by an off-hole anomaly; 510 additional claims were staked. Santos : A new Ni-Cu zone in drill hole Drill hole MDLD0015, which was designed to test a VTEM anomaly, and an off-hole anomaly detected in drill hole MDLD0009, intersected, from 14 metres to 80 metres downhole depth, several layers with Ni-Cu mineralization within altered gabbro horizons. From 20.11 to 22.79 metres, the drill hole intersected 1.10% Ni and 0.71% Cu over 2.68 metres. A little further down, from 33.02 to 43.39 metres, a mineralized interval graded 0.45% Ni and 0.18% Cu over 10.37 metres. These mineralized gabbro zones generally exhibit net-textured and disseminated sulphides and alternate with metre-scale barren gabbro layers. Geochemical treatment to determine the affinity of the various units intersected is also in progress. This new Ni-Cu mineralized Santos zone is regionally well located along a North-South structure 8 km North of the former Lac Edward Ni-Cu mine. The best mineralized intervals intersected in drill hole MDLD0015 are summarized in the table below. Drillhole MDLD0015 From (m) To (m) Width (m) WtAve Ni% WtAve Cu% 14.26 15.75 1.49 0.52 0.18 20.11 22.79 2.68 1.10 0.71 29.67 31.40 1.73 0.30 0.11 33.02 43.39 10.37 0.45 0.18 58.19 64.01 5.82 0.41 0.15 66.86 71.25 4.39 0.33 0.13 73.57 78.72 5.15 0.36 0.13 Th...