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Midland Exploration Resumes Work on Laflamme JV to Locate the Source of High-Grade Gold-Bearing Boulders
MONTREAL, July 12, 2022 (GLOBE NEWSWIRE) -- Midland Exploration Inc. (“Midland”) (TSX-V: MD) is pleased to report that exploration work has resumed in an effort
About this update from Midland Exploration Inc.
[{"type":"text","content":" MONTREAL, July 12, 2022 (GLOBE NEWSWIRE) -- Midland Exploration Inc. (“Midland”) (TSX-V: MD) is pleased to report that exploration work has resumed in an effort to locate the source of high-grade gold-bearing boulders discovered in June on its Laflamme JV project. The Laflamme project is located approximately 25 kilometres northwest of the town of Lebel-sur-Quévillon in Abitibi, Quebec, and currently consists of 436 claims covering a total surface area of about 234 square kilometres. This project is a joint venture between Midland (77.9%) and Abcourt Mines Inc. (“Abcourt”) (22.1%). Highlights: High-grade gold-bearing boulders (28.7 g/t Au) discovered by prospecting in June 2022 Drone-supported magnetic survey at 25-metre spacing currently underway Soil/till sampling program Induced polarization (“IP”) survey Mechanical stripping program High-grade gold-bearing boulders and shear structures discovered by prospecting During a prospecting program conducted in late May and June 2022, a metre-scale angular erratic boulder was discovered approximately 700 metres southeast of the historical Notting Hill gold showing. This boulder graded 28.7 g/t Au and is characterized by an intense stockwork of quartz-ankerite veins containing up to 15% pyrite mineralization. Another sample collected from a similar boulder located 1 metre apart yielded a grade of 6.0 g/t Au in a country rock completely altered to ankerite and containing 5% pyrite mineralization, which represents the stockwork host rock (see press release by Midland dated June 13, 2022). Given the angular shape of these boulders and known glacial flow directions in this part of the Abitibi, the potential source of the erratic boulders is interpreted as being at a short distance to the NNE. The target area has never been drill-tested and corresponds to a magnetic low that remains untested over a distance of more than 1.5 kilometres. Prospecting also yielded several anomalous gold values on outcrops with grades between 0.1 and 1.0 g/t Au, in grab samples associated with new shear zones with strong carbonate alteration, supporting the gold potential in the vicinity of the discovery boulders. Geophysical and geological work – Summer and fall of 2022 In July 2022, geophysical and geological work will be undertaken in an effort to locate the source of the gold-bearing boulders, di...