Business
Midland Exploration Intersects New Cu-Au-Mo-Ag Zones on Its Mythril Project
MONTREAL, Sept. 02, 2021 (GLOBE NEWSWIRE) -- Midland Exploration Inc. (“Midland”) (TSX-V: MD) is pleased to announce that new mineralized zones were intersected
About this update from Midland Exploration Inc.
[{"type":"text","content":" MONTREAL, Sept. 02, 2021 (GLOBE NEWSWIRE) -- Midland Exploration Inc. (“Midland”) (TSX-V: MD) is pleased to announce that new mineralized zones were intersected near surface in drill hole on its Mythril Cu-Mo-Au-Ag project, wholly owned by Midland and located in Eeyou Istchee James Bay, Quebec. Midland discovered Mythril by prospecting in late 2018 and concluded a strategic investment with BHP Canada Inc. (“BHP”) in the spring of 2019 totalling $5.85 million for copper exploration in Quebec. The latest drilling campaign completed at the end of June consisted in seven (7) drill holes totalling 1,647 metres. This program was mainly designed to test new geological targets identified through 3D modelling. The model outlined several untested areas characterized by chargeability highs from the induced polarization (IP) survey, located near the contact with conglomerates. Drill hole MYT-21-38, collared on line 5+00E, tested a lateral gap of approximately 300 metres between drill holes MYT-19-01 and MYT-19-03. Drill hole MYT-21-38 intersected a mineralized zone from 56.50 to 85.00 metres grading 0.59% Cu, 0.05 g/t Au, 1.87 g/t Ag and 0.025% Mo (0.74% CuEq*) over 28.50 metres including 1.02% Cu, 0.09 g/t Au, 2.62 g/t Ag and 0.048% Mo (1.29% CuEq*) over 10.50 metres from 56.50 to 67.00 metres. This interval includes two high-grade zones that returned values of 8.73% Cu, 1.29 g/t Au, 22.4 g/t Ag and 0.87% Mo (13.2% CuEq*) over 0.50 metre from 57.80 to 58.30 metres, as well as 3.50% Cu, 0.11 g/t Au, 6.17 g/t Ag and 0.04% Mo (3.77% CuEq*) over 1.20 metres from 59.80 to 61.00 metres. This zone is also included within a larger interval grading 0.25% CuEq* over 104.6 metres from 18.0 to 122.6 metres. Drill hole MYT-21-39, collared on line 6+00E, intersected a Cu-Au zone grading 1.34% Cu, 3.14 g/t Au, 10.14 g/t Ag and 0.005% Mo ( 3.55% CuEq*) over 3.10 metres between 227.60 and 230.70 metres including 2.32% Cu, 13.75 g/t Au, 40.3 g/t Ag and 0.002% Mo (11.90% CuEq*) over 0.70 metre, from 230.00 to 230.70 metres. This interval is included within a large interval that yielded 0.25% CuEq* over 59.70 metres between 171.00 and 230.70 metres. Drill hole MYT-21-40, collared on line 8+00E, intersected a zone grading 0.63% CuEq* over 5.0 metres from 21.00 to 26.00 metres, while a second zone returned 0.53% CuEq* over 3.75 metres ...