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Midland Exploration Inc. Announces the Discovery of a New Gold Zone on Samson, Southeast of Wallbridge’s Fenelon/Tabasco Deposit
MONTREAL, Sept. 01, 2020 (GLOBE NEWSWIRE) -- Midland Exploration Inc. (“Midland”) (TSX-V: MD) is pleased to announce the discovery of a new gold-bearing zone on
About this update from Midland Exploration Inc.
[{"type":"text","content":" MONTREAL, Sept. 01, 2020 (GLOBE NEWSWIRE) -- Midland Exploration Inc. (“Midland”) (TSX-V: MD) is pleased to announce the discovery of a new gold-bearing zone on its Samson project. This property is wholly owned by Midland and is located approximately 15 kilometres southeast of the Fenelon and Tabasco deposits held by Wallbridge Mining Company Ltd (“Wallbridge”). Highlights: Discovery of a new gold-bearing structure favourably located a few kilometres SE of the high-grade Fenelon/Tabasco deposit held by Wallbridge Presence of several visible gold grains High-grade quartz-albite vein grading up to 99.1 g/t Au and 71.3 g/t Ag over 0.4 metre Additional drilling set to begin over the next few days to test the extensions of this new gold-bearing structure Over the course of July 2020, a diamond drilling campaign consisting of five (5) drill holes totalling 1,287.0 metres was completed on the Samson project. This drilling program was mainly designed to test induced polarization (IP) anomalies characterized by chargeability highs located in the heart of a folded magnetic structure and associated with resistivity lows. The program also included two drill holes testing chargeability IP anomalies coinciding with resistivity highs located immediately to the east of the fold nose. A new gold-bearing zone, named Golden Delilah, was discovered in drill hole SAM-20-10 during the drilling program. This new discovery consists of a quartz-albite vein intersected over a core length of 1.60 metres long, hosted in ultramafic intrusive rocks, which graded 99.1 g/t Au, 71.3 g/t Ag and 0.17% Pb over 0.40 metre, from 106.45 to 106.85 metres. This section of the vein is characterized by the presence of at least 13 visible gold grains some 1-2 mm in diameter over 40 centimetres; the rest of the vein yielded gold values ranging between 1.57 g/t Au and 2.23 g/t Au. The vein is cut by a late fault with no core recovered over 1.05 metre (see Table 1). This zone was intersected in two holes drilled on the same section, along the north limb of the folded magnetic structure. Drill hole SAM-20-11, testing approximately 50 metres below drill hole SAM-20-10, intersected 2.21 g/t Au over 0.45 metre from 120.70 to 121.15 metres. This new gold-bearing structure is interpreted as a possible subsidiary of the regional Lower Detour Fault. The Go...