Business
Midland Provides an Overview of its Exploration Activities Including its Lithium Projects in James Bay
MONTREAL, Sept. 12, 2023 (GLOBE NEWSWIRE) -- Midland Exploration Inc. (“Midland”) (TSX-V: MD) is pleased to give an overview of its exploration activities in Qu
About this update from Midland Exploration Inc.
[{"type":"text","content":" MONTREAL, Sept. 12, 2023 (GLOBE NEWSWIRE) -- Midland Exploration Inc. (“Midland”) (TSX-V: MD) is pleased to give an overview of its exploration activities in Quebec, including on its several projects in partnership for lithium in James Bay. Following the complete lifting of access bans to James Bay caused by the forest fires of the summer of 2023, several exploration programs have recently begun. In 2023, Midland continued to apply its business model as a “Project Generator” with the recent acquisition of several new high-quality properties and the formation of several new partnerships across Quebec, including new partnerships for lithium exploration in the James Bay region. With an exploration budget of more than $15M, Midland and its partners will have completed nearly 20,000 metres of drilling. Midland is very busy working to advance several projects in partnership with major companies such as BHP Canada Inc. (“BHP”), Rio Tinto Exploration Canada Inc. (“RTEC”), Barrick Gold Corporation (“Barrick”), SOQUEM Inc. (“SOQUEM”), Brunswick Exploration Inc. (“Brunswick”), Probe Gold Inc. (“Probe”), Wallbridge Mining Company Ltd. (“Wallbridge”) and Cosmos Exploration Limited (“Cosmos”). Highlights: Commencement of exploration programs for lithium (“Li”) in James Bay with Rio Tinto, Brunswick and Cosmos following the complete lifting of access bans; Work for lithium focussing near Corvette (Patriot Battery Metals), Adina (Winsome Resources) and James Bay lithium (Allkem); Work in progress (ZTEM, lakes, prospection) in Nunavik with BHP for Ni-Cu; Drilling to come with RTEC to follow-up Santos Ni-Cu discovery on Tête Nord; Drilling ongoing with Probe on La Peltrie on the 2022 Cu-Au-Ag-Mo discovery; Commencement of a program with SOQUEM on the 2022 Cu-Au discovery at Nachicapau. Lithium Projects (Li) - James Bay Corvette, Chisaayuu and Mythril East Projects – 100% Midland, in option agreement with RTEC A first exploration program including LiDAR surveys as well as prospecting and mapping work is in progress. This work will cover the properties located east and south-east of Corvette deposit held by Patriot Battery Metals (“Patriot”) with an estimated inferred resources of 109.2 Mt at 1.42% Li2O. (Source: NI 43-101 technical report on the maiden mineral resource estimate for the CV5 spodumene pegmatite prepared by BBA Engineering Ltd, effe...