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Rio Tinto in Partnership With Midland Exploration Begins First Drilling Program on New Targets on the Tête Nord Ni-Cu Project
MONTREAL, Nov. 15, 2022 (GLOBE NEWSWIRE) -- Midland Exploration Inc. (“Midland”) (TSX-V: MD) is pleased to announce the start of a maiden drilling program by Ri
About this update from Midland Exploration Inc.
[{"type":"text","content":" MONTREAL, Nov. 15, 2022 (GLOBE NEWSWIRE) -- Midland Exploration Inc. (“Midland”) (TSX-V: MD) is pleased to announce the start of a maiden drilling program by Rio Tinto Exploration Canada Inc. (“RTEC”) on the Tête Nord nickel-copper (“Ni-Cu”) property. This property, located near the town of La Tuque, Quebec, is currently wholly owned by Midland but is under option by RTEC since December 2021. Highlights: Commencement of a drilling program totalling 3,750 metres on 10 new VTEM targets including extensions of several known showings. Five (5) areas of interest: Bonhomme, Savane, Rochette, Cabouron, and Tête Sud. Rochette Ni-Cu showings grading up to 0.84% Ni and 0.16% Cu (grab sample) Whole-rock geochemistry from most Lac Matte samples and some samples from Savane, Rochette, and Flamengo (a prospect found 4km south of Bonhomme) plot in opx-cumulate ultramafic field favourable for dynamic conduits. Samples from most showings show evidence of base metal enrichment. Rochette shows both base metal and Pt enrichment. Following the helicopter-borne VTEM-type electromagnetic survey totalling 6,635 line kilometres that was completed in 2022, a drilling campaign totalling 3,750 metres is set to begin in early December to test 10 new targets, mainly consisting of new VTEM conductors. These conductors are strategically positioned along the extensions, or proximal to historical Ni-Cu occurrences such as Savane and Rochette, or in new areas of interest including the Bonhomme area located north of the former Lac Edouard Ni-Cu mine, as well as the Cabouron and Tête Sud areas. RTEC geology crews were very active in the field during the summer of 2022, prospecting and mapping prospective areas where new VTEM conductors were identified. The Rochette showing returned 0.84% Ni and 0.16% Cu (Tenor of 4.26% Ni calculated at 100% sulfides) in a grab sample. The Lac Matte showing returned a grab sample grading 0.36% Ni and 0.18% Cu (Tenor of 6.96% Ni calculated at 100% sulfides). Prospecting in the Bonhomme area north of Lac Edouard former mine led to the identification of several anomalous values in Ni-Cu in ultramafic intrusions. This area is also characterized by the presence of several untested VTEM conductors that will be tested during this drilling program. Whole-rock lithogeochemistry results indicate that most of the Lac Matte samples a...