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Midland Exploration Inc. and Probe Metals Commence Drilling to Test New High-priority Targets South of Fenelon Gold
MONTREAL, June 29, 2021 (GLOBE NEWSWIRE) -- Midland Exploration Inc. (“Midland”) (TSX-V: MD), in partnership with Probe Metals Inc. (“Probe”), is pleased to ann
About this update from Midland Exploration Inc.
[{"type":"text","content":" MONTREAL, June 29, 2021 (GLOBE NEWSWIRE) -- Midland Exploration Inc. (“Midland”) (TSX-V: MD), in partnership with Probe Metals Inc. (“Probe”), is pleased to announce the start of an important drilling program to test new high-priority targets on the Gaudet-Fenelon project. This project is located less than 5 kilometres south of the Fenelon Gold project held by Wallbridge Mining Company Ltd and is a 50/50 joint venture between Midland and Probe. The Gaudet-Fenelon project covers more than 35 kilometres of favourable yet underexplored structures in the vicinity of the Lower Detour Fault, and is located immediately south of the Fenelon Gold deposit where Wallbridge is currently completing a resource estimate. Highlights: Regional geochemical surveys identified several new high-priority targets for gold and gold-copper Induced polarization (“IP”) geophysical surveys south of Fenelon Gold identified high-priority drilling targets A 4,500-metre drilling program will commence in July 2021 This maiden drilling program undertaken by Midland and Probe on the Gaudet-Fenelon joint venture project is planned for a minimum of 4,500 metres and will test at least 15 high-priority targets recently identified following geophysical IP surveys combined with a regional biogeochemistry (black spruce bark) survey. A total of 100 kilometres of IP were completed and 1055 biogeochemistry samples were collected in 2020 and 2021, in preparation for the drilling program. New high-priority drilling targets To maximize the chances of new discoveries, targets were prioritized by combining favourable structures interpreted from geophysical (Mag-IP) surveys, high-chargeability (IP) axes, and biogeochemical (Au, As, Cu, Zn, Ag) anomalies. As a result of this process, a total of 15 high-priority targets were selected for this drilling program, slated to begin in July 2021. Cautionary statement: Mineralization occurring at Fenelon Gold is not necessarily indicative of mineralization that may be found on Gaudet/Fenelon JV held by Midland/Probe described in this press release. About Probe Probe Metals Inc. is a leading Canadian gold exploration company focused on the acquisition, exploration and development of highly prospective gold properties. The Company is committed to discovering and developing high-quality gold projects, including its key asset the multim...