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Midland Exploration Launches a Major Exploration Program for Nickel in Nunavik, Quebec Under Its Strategic Alliance With BHP
MONTREAL, April 05, 2022 (GLOBE NEWSWIRE) -- Midland Exploration Inc. (“Midland”) (TSX-V: MD) is pleased to announce the commencement of a major exploration pro
About this update from Midland Exploration Inc.
[{"type":"text","content":" MONTREAL, April 05, 2022 (GLOBE NEWSWIRE) -- Midland Exploration Inc. (“Midland”) (TSX-V: MD) is pleased to announce the commencement of a major exploration program for nickel in Nunavik, following up on exploration work carried out in 2020-2021 during which new Ni-Cu-Co mineral occurrences were discovered. This new program will be conducted under the strategic alliance (the “Alliance”) executed in August 2020 between Midland’s wholly owned subsidiary, Midland Base Metals Inc. (“MBM”), and Rio Algom Limited, wholly owned subsidiary of BHP Group PLC (“BHP”). The 2022 exploration program will consist of regional magnetotelluric (“MT”) surveys, as well as two phases of prospecting scheduled to take place next July and August. Highlights: New Ni-Cu-Co mineral occurrences discovered by prospecting in 2020-2021 Helicopter-borne EM survey (VTEM) totalling approximately 5,000 km in 2021 Two (2) ground-based EM surveys on Soissons totalling approximately 60 km in 2021 Regional MT surveys (June 2022) Prospecting and mapping (July-August 2022) New Ni-Cu-Co showings identified in 2020 and 2021 The Alliance with BHP for nickel exploration is focused on mafic intrusive rocks with troctolite/olivine gabbro compositions similar to those in Voisey’s Bay and the Nain Province, but that have historically received far less exploration, despite the discovery of several Ni-Cu-Co prospects and occurrences. The Papavoine Ni-Cu-Co prospect, discovered in 2000 and currently held by Midland, graded up to 0.63% Ni, 0.31% Cu and 0.04% Co over 6.6 metres in channel samples (see Midland’s press release dated August 12, 2021). Approximately 20 kilometres southeast of Papavoine, the Mantas intrusion yielded grades up to 0.48% Ni, 0.21% Cu and 0.06% Co over 0.7 metre in channel sample (see Midland’s press release dated August 12, 2021). In 2020 and 2021, work by Midland and BHP also confirmed two additional areas with strong potential. The Bonne Une troctolite intrusion graded up to 0.23% Ni and 0.23% Cu in grab samples (see press release by Midland dated April 15, 2021). In the A1 area, eight (8) mineralized boulders, locally derived but the source of which has yet to be determined, graded more than 0.1% Ni, with a highest grade of 0.14% Ni and 0.16% Cu in grab samples. Commencement of regional MT surveys in June 2022 Regional MT surveys covering approxim...