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Rio Tinto in Partnership with Midland Begins First Exploration Program for Lithium on Mythril Regional and Galinée Projects
MONTREAL, Aug. 24, 2023 (GLOBE NEWSWIRE) -- Midland Exploration Inc. (“Midland” or the “Corporation”) (TSX-V: MD) is pleased to announce the start of a first ex
About this update from Midland Exploration Inc.
[{"type":"text","content":" MONTREAL, Aug. 24, 2023 (GLOBE NEWSWIRE) -- Midland Exploration Inc. (“Midland” or the “Corporation”) (TSX-V: MD) is pleased to announce the start of a first exploration program for lithium mineralization on its Mythril area and Galinée projects, operated by Rio Tinto Exploration Canada Inc. (“Rio Tinto”). The Mythril Regional (Chisaayuu, Corvette and Mythril East) and Galinée projects are under an option to joint venture agreement with Rio Tinto since June 2023 (see Midland press release of June 14, 2023). The projects are located in the Eeyou Istchee James Bay region close to Patriot Battery Metals Inc.'s (“Patriot”) Corvette project and immediately east of Winsome Resources Ltd.’s (“Winsome”) Adina project, respectively. Highlights New prospecting campaign and LiDAR high resolution survey to begin; Lithium lake bottom anomalies were identified on the Chisaayuu and Corvette projects following statistical treatment; Close to Mythril Regional projects, a maiden resource estimate at Patriot’s CV5 spodumene pegmatite returning inferred 109.2 Mt at 1.42% Li2O (0.40% Li2O cut-off) (see Patriot’s press release dated July 30, 2023); Along strike with the Galinée project, lithium mineralization continues to be intersected by Winsome on Adina, such as 1.37% Li2O over 61.2 m from 8.9m on its main zone, along strike with the Galinée project (see Winsome’s press release dated August 1, 2023); The Eeyou Istchee James Bay region is currently the focus of an exploration rush for lithium pegmatites. The Mythril regional projects are located about between 12 and 50 kilometres of lithium pegmatites discovered on Corvette as reported by Patriot. The Mythril Regional projects consists of 730 claims totalling 370.1 square kilometres. The Galinée project is located about 4.0 kilometres east of the lithium pegmatites discovered on Adina and reported by Winsome. The Galinée project consists of 54 claims totalling 27.7 square kilometres. Mythril Regional and Galinée Exploration Program for Lithium The Mythril Regional projects Chisaayuu, Corvette and Mythril East contain amphibolite rock formations, the regionally common host rock bearing lithium pegmatites, and compilation of historical work by Midland revealed strong evidence of Li-Be-Ta pegmatite potential. While exploring for copper on Chisaayuu in 2022, a pegmatite outcrop returned two ...