Midland Exploration Inc. · TSXV:MD

Midland Exploration — Investor Presentation (May 2009)

57 slides from Midland Exploration's investor presentation, May 2009

  1. Slide 1: A New Mine Finder in Quebec

    EXPLORATION MIDLAND INC. 2009 Corporate Presentation A NEW MINE FINDER IN QUEBEC MIDLAND EXPLORATION - A MANAGEMENT TEAM WITH A PROVEN TRACK RECORD OF DISCOVERIES

  2. Slide 2: Capital Structure

    CAPITAL STRUCTURE  Company is listed on the TSX Venture as MD  21.6 Million Shares Outstanding  23.5 Million Shares Fully Diluted  52 week high/low $0.21 - $0.84  No Debt, $3.6 Million Cash in Treasury MIDLAND EXPLORATION - A MANAGEMENT TEAM WITH A PROVEN TRACK RECORD OF DISCOVERIES

  3. Slide 3: Midland Exploration Strategy

    MIDLAND EXPLORATION STRATEGY  Joint-Venture Prospect Generator Model Quebec Focus  Strong Technical Expertise  World Class Gold, BM, U new discoveries  New technologies  Diversified Projects Portfolio MIDLAND EXPLORATION - A MANAGEMENT TEAM WITH A PROVEN TRACK RECORD OF DISCOVERIES

  4. Slide 4: Midland Targets Quebec

    MIDLAND TARGETS QUEBEC  Québec ranked #1 by the Fraser Institute in 2008.  Many world class recent discoveries.  Excellent mining infrastructure available within target area.  Government support.  Exploration costs remain low.  Exceptional Geological database. MIDLAND EXPLORATION - A MANAGEMEN

  5. Slide 5: New Technology

    NEW TECHNOLOGY Midland will take advantage of New Technologies to make New Discoveries VTEM HELIBORNE GEOPHYSICS MEGATEM II AIRBORNE GEOPHYSICS CONVENTIONAL PULSE EM BOREHOLE INFINITEM PULSE DOWNHOLE 3 AXIS MIDLAND EXPLORATION - A MANAGEMENT TEAM WITH A PROVEN TRACK RECORD OF DISCOVERIES

  6. Slide 6: Strong Expertise

    STRONG EXPERTISE JEAN-PIERRE JEAN-PIERRE JANSON JANSON GINO GINO ROGER ROGER Chairman Chairman and and Director Director CEO CEO and and Director Director RENÉ RENÉ BRANCHAUD BRANCHAUD INGRID INGRID MARTIN MARTIN Secretary Secretary and and Director Director Chief Chief Financial Financial Officer O

  7. Slide 7: Strong Technical Expertise

    STRONG TECHNICAL EXPERTISE  Robert Banville:  Geologist engineer with more than 20 years in planning, organizing and leading multi-millions projects from beginning to end in various geological environments (VMS, Porphyry-Skarn, Ni-PGE and gold).  Was team member who contributed to increase the re

  8. Slide 8: Midland Projects Location

    MIDLAND PROJECTS LOCATION Midland/Quest Uranium Midland/Agnico-Eagle Midland/Agnico-Eagle Midland/SOQUEM Lapa & Laronde Mines Midland Weedon ABITIBI GOLD BELT Midland Gatineau Zn MIDLAND EXPLORATION - A MANAGEMENT TEAM WITH A PROVEN TRACK RECORD OF DISCOVERIES

  9. Slide 9: New Partnership Opportunities

    NEW PARTNERSHIP OPPORTUNITIES QUEBEC Midland U CANADA Midland Mo-Cu Midland Eleonore Au ABITIBI GOLD BELT Midland Ni-PGE Midland Au Montreal MIDLAND EXPLORATION - A MANAGEMENT TEAM WITH A PROVEN TRACK RECORD OF DISCOVERIES

  10. Slide 10: Midland 2008-2009 Highlights

    MIDLAND 2008-2009 HIGHLIGHTS Continue to secure new strategic gold, base metal and U projects. New partnerships for James Bay Gold and U projects with Agnico-Eagle and Quest Uranium. New Gold discoveries with Agnico-Eagle on the Maritime-Cadillac property and James Bay projects. New Uranium disc

  11. Slide 11: 2009 General Objectives

    2009 GENERAL OBJECTIVES  Discover at least one new significant deposit (Au, U, Cu-Zn) within our partnership projects.  Continue to generate and secure new strategic gold projects in Quebec. Gold focus in 2009.  Continue to form strategic new partnership agreements.  Increase the company visibil

  12. Slide 12: Maritime Cadillac Project

    MARITIME CADILLAC PROJECT MIDLAND EXPLORATION - A MANAGEMENT TEAM WITH A PROVEN TRACK RECORD OF DISCOVERIES

  13. Slide 13: Dynamic Mining Region

    DYNAMIC MINING REGION Southern Abitibi Gold Belt Gold Deposits (173 Million Ounces) World Class Mining Camps QUEBEC Maritime-Cadillac Project ONTARIO TIMMINS TIMMINS ONTARIO ONTARIO 65.6 65.6 Million Oz Million Oz Gold Gold MATHESON MATHESON ONTARIO ONTARIO 3.8 3.8 Million Oz Million Oz Gold Gold DU

  14. Slide 14: Maritime Cadillac Regional Location

    MARITIME CADILLAC REGIONAL LOCATION Property Boundary Fault Road Midland Exploration Mine 0 10 km SNRC: 32/C-D Granitoïdes Groupe de Pontiac Volcanites felsiques Volcanites ultramafiques Diorites, Gabbro, Péridotites Roches sédimentaires Volcanites mafiques Couloirs de déformation majeurs MIDLAND EX

  15. Slide 15: Midland-Agnico Agreement

    MIDLAND-AGNICO AGREEMENT  Agnico-Eagle signed an option agreement on June 1, 2006, to acquire a 50% interest in the Maritime- Cadillac property by investing $1M in exploration and making payments totaling $100,000 over 3 years. Third payment of $25,000 was received in June 2008 and $300,000 commitm

  16. Slide 16: 2009 Drilling in Progress

    2009 DRILLING IN PROGRESS MIDLAND EXPLORATION - A MANAGEMENT TEAM WITH A PROVEN TRACK RECORD OF DISCOVERIES

  17. Slide 17: 2009 Drill Holes Location

    2009 Drill Holes Location Drilling Drilling Program Program in in progress progress 66 holes holes for for 3550 3550 metres metres MIDLAND EXPLORATION - A MANAGEMENT TEAM WITH A PROVEN TRACK RECORD OF DISCOVERIES

  18. Slide 18: New Gold Zones Discoveries

    NEW GOLD ZONES DISCOVERIES NEW DISCOVERY Maritime Dyke East Lapa: 3.4 Mt at 10.2 g/t Au Hole 141-09-21 18.5 g/t Au over 1.0 m And 1.1 g/t Au over 25.9 m Incl.: 1.9 g/t Au over 11.0 m Incl.: 4.7 g/t Au over 1.50 m Maritime Dyke West Hole 141-08-18 1.85 g/t Au over 8.05 m Maritime Contact East Hole 14

  19. Slide 19: Midland Unexplored Property

    MIDLAND UNEXPLORED PROPERTY Cadillac-Larder Lake Fault Zone - Longitudinal Section PANDORA Lapa: LAPA 1.1 Moz Au ZULAPA MARITIME CADILLAC Ouest Sud Est Keel Incli ne Tonawand a Maritime Contact Zone North Tonawanda Zone Gold Resoucre Explored Area Cadillac Gold Branch Zone South Resoucre 200m Branch

  20. Slide 20: Maritime Contact East

    Maritime Contact East S N 2.4 / 1.2 3.5 / 0.5 11 -100 m MARITIME-CADILLAC VC-9 1.9 / 2.3 VC-16 VC-10 1.4 / 0.9 10 -200 m 3.30 / 14.7 (6.5) Incl. 6.10 / 5.7 (2.5) 12 0.24 / 29.7 (15.0) -300 m #4 14B 13 20 15 19 -400 m 18A 17 #5 1.29 / 2.45 (2.0) -500 m 0.74 / 7.2 (5.6) 0 200 m Incl. 1.18 / 3.2 (2.5)

  21. Slide 21: Maritime Contact East

    MARITIME CONTACT EAST Maritime Contact East New Zone 3-5% Asp and 1-2% Py Quartz-carbonate veins Strong Biotite alteration MIDLAND EXPLORATION - A MANAGEMENT TEAM WITH A PROVEN TRACK RECORD OF DISCOVERIES

  22. Slide 22: Maritime Dyke East

    Maritime Dyke East S N MARITIME-CADILLAC 1.14 / 7.05 (3.5) -100 m 11 -200 m 10 3.46 / 5.50 (4.4) 12 15 -300 m #4 0.92 / 5.05 (2.0) (contact V4) ? 13 18A 17 0.47 / 5.80 (4.6) -400 m #5 New Intersection -500 m #6 1.1 / 25.9 (18.1) 0 200 m Incl. 1.9 / 11.0 (7.7) Incl. 4.7 / 1.5 (1.0) -600 m 21(1st) Mar

  23. Slide 23: Maritime Dyke West

    MARITIME DYKE WEST NEW UNTESTED NEAR SURFACE DISCOVERY Felsic Porphyritic Dyke within the Ultramafic schists Visible Gold Grain 2-3% diss. Py MIDLAND EXPLORATION - A MANAGEMENT TEAM WITH A PROVEN TRACK RECORD OF DISCOVERIES

  24. Slide 24: Maritime Dyke West

    Maritime Dyke West S N -100 m MARITIME-CADILLAC #5 18 21 -200 m 1.85 / 8.05 (6.45) -300 m #6 -400 m -500 m 0 200 m -600 m Maritime Dyke West : Felsic to Int. Porph. Dyke in Ultramafic schists (new parallel zone to the west) Proposed Holes Low Value (Au) Longitudinal Section 14B Pierce Point / Hole N

  25. Slide 25: Midland Dunn Gold Project

    MIDLAND DUNN GOLD PROJECT QUEBEC CANADA Midland Dunn ABITIBI GOLD BELT Montreal MIDLAND EXPLORATION - A MANAGEMENT TEAM WITH A PROVEN TRACK RECORD OF DISCOVERIES

  26. Slide 26: Abitibi Gold Mines

    Abitibi Gold Mines Beattie-Donchester Beattie-Donchester Timmins Timmins Camp Camp Holloway- Holloway- McDermott McDermott >> 11 Moz Moz Au Au >> 60 60 Moz Moz Au Au >> 44 Moz Moz Au Au Dunn Dunn Project Project Porcupine-Destor Fault Doyon-Laronde Doyon-Laronde Camp Camp >> 25 25 Moz Moz Au Au Lard

  27. Slide 27: Géologie favorable

    GÉOLOGIE FAVORABLE Fayolle Fayolle Ressource Ressource (coupure (coupure àà 3.0 3.0 g/t g/t Au) Au) LM-3-70 LM-3-70 Ind: Ind: 106,900 106,900 tt @ @ 6.4 6.4 g/t g/t Au Au 11 11 g/t g/t Au Au sur sur 0.7 0.7 m m Inf : 218,800 t @ 6.3 g/t Inf : 218,800 t @ 6.3 g/t AuAu Aiguebelle Fault lt Fa u ille In

  28. Slide 28: Midland – Agnico James Bay Gold

    MIDLAND – AGNICO JAMES BAY GOLD James Bay Au MIDLAND EXPLORATION - A MANAGEMENT TEAM WITH A PROVEN TRACK RECORD OF DISCOVERIES

  29. Slide 29: Midland New Agreement with Agnico-Eagle

    MIDLAND NEW AGREEMENT WITH AGNICO-EAGLE  Favor key partnership in order to conduct a important exploration program.  Agnico can earn 50% of MD interest’s by funding $4.5M + payment of $0.3M over 4 years. $0.6M (firm) first year commitment and $50,000 cash payment at signature.  Midland initial op

  30. Slide 30: Agnico-Eagle – Midland Project Location

    AGNICO-EAGLE – MIDLAND PROJECT LOCATION New Gold and Cu Showings Grabs up to 9.1 g/t Au Grabs up to 6.1% Cu and 0.3 g/t Au Éléonore Mineral Resources of 5.3 Millions Onces of Gold Midland/Agnico-Eagle Midland/Quest Uranium Midland 100% MIDLAND EXPLORATION - A MANAGEMENT TEAM WITH A PROVEN TRACK RECO

  31. Slide 31: Midland – Agnico-Eagle James Bay Program

    MIDLAND – AGNICO-EAGLE JAMES BAY PROGRAM - 3440 line km Mag-Radiometric survey completed - 317 Till samples collected - Prospection and geological mapping completed 0 50 MIDLAND EXPLORATION - A MANAGEMENT TEAM WITH A PROVEN TRACK RECORD OF DISCOVERIES

  32. Slide 32: 2008 New Discoveries

    2008 NEW DISOVERIES Lac Sirios Nord Showing Geology Legend Iron formation Mafic dyke N 4.3 g/t Au Granite Eade Nord Showing Felsic Volcanics Centre 3 and Golden Idol Showing Metasediment 6.1% Cu, 0.26 g/t Au Sil./Chl. metasediments Iron Formation 9.09 and 2.47 g/t Felsic Metavolcanic Mafic Metavolca

  33. Slide 33: 2009 Proposed Work Program

    2009 PROPOSED WORK PROGRAM  Complete a winter exploration program including line cutting and ground geophysical surveys over the best gold and BM new showing areas.  Complete prospection and a detailed Till follow-up campaign in early summer.  Compete a trenching and channel sampling program in e

  34. Slide 34: Midland-Quest Uranium James Bay U Project

    MIDLAND-QUEST URANIUM JAMES BAY U PROJECT James Bay U MIDLAND EXPLORATION - A MANAGEMENT TEAM WITH A PROVEN TRACK RECORD OF DISCOVERIES

  35. Slide 35: Quest Uranium Agreement

    QUEST URANIUM AGREEMENT  Favor key partnership in order to conduct a important exploration program.  Combine expertise and make new discoveries.  Quest Uranium can earn 50% of MD interest’s by funding $2.8M + payment of $0.2M over 4 years. $0.4M (firm) first year commitment and $40,000 cash payme

  36. Slide 36: Quest Uranium – Midland Project Location

    QUEST URANIUM – MIDLAND PROJECT LOCATION High Grade Boulders and New Gold and Cu Showings Outcrops 9.1 and 5.2 g/t Au 2.25% to 25.4% U3O8 6.1% Cu and 0.3 g/t Au Éléonore Mineral Resources of 2.7 Millions Onces of Gold Midland/Agnico-Eagle Midland/Quest Uranium Midland 100% MIDLAND EXPLORATION - A MA

  37. Slide 37: Midland - Quest Uranium 2008 Highlights

    MIDLAND - QUEST URANIUM 2008 HIGHLIGHTS 302 302 New New Claims, Claims, 153 km²² 153 km Athabaska Model La Grande Sannon-Seggau Ganiq 3-25% U3O8 in grab samples Opinaca Laguiche MIDLAND EXPLORATION - A MANAGEMENT TEAM WITH A PROVEN TRACK RECORD OF DISCOVERIES

  38. Slide 38: James Bay U Athabasca Model

    JAMES BAY U ATHABASCA MODEL 1979, J.P. Fouques, et F. Schumacher. Rapport de Synthèse du Permis S.E.S. , par le Groupe Minier S.E.S. MIDLAND EXPLORATION - A MANAGEMENT TEAM WITH A PROVEN TRACK RECORD OF DISCOVERIES

  39. Slide 39: 2009 Proposed Work Program

    2009 PROPOSED WORK PROGRAM  Continue prospection in the vicinity of the historical occurrences old boulder fields and used airborne geophysics to evaluate new target areas.  Continue a lake geochemical surveys during the summer.  Complete trenching and channel sampling over the new showing areas.

  40. Slide 40: Midland Weedon Project

    MIDLAND WEEDON PROJECT MIDLAND EXPLORATION - A MANAGEMENT TEAM WITH A PROVEN TRACK RECORD OF DISCOVERIES

  41. Slide 41: Weedon Property Location

    WEEDON PROPERTY LOCATION 16.2Mt 16.2Mt @ @ 14.5%Zn, 14.5%Zn, 7.6%Pb, 7.6%Pb, 1.3%Cu, 1.3%Cu, 126g/t 126g/t Ag, Ag, 1.37g/t 1.37g/t Au Au >150 >150 Mt Mt @ @ 8%Zn, 8%Zn, 3%Pb, 3%Pb, 0.3%Cu, 100g/t Ag 0.3%Cu, 100g/t Ag Weedon Weedon Project Project Duck Pond Bald Mountain 4.08 4.08 Mt Mt @ @ 3.3% 3.3%

  42. Slide 42: Weedon Gold-VMS Opportunity

    WEEDON GOLD-VMS OPPORTUNITY Solbec Solbec Mine: Mine: 2.06MT 2.06MT @ @ 1.57%Cu, 1.57%Cu, 4.57%Zn, 0.68%Pb, 0.61g/t/Au 4.57%Zn, 0.68%Pb, 0.61g/t/Au NEW NEW MIDLAND MIDLAND PROPERTY PROPERTY Cupra Cupra Mine: Mine: 2.43MT 2.43MT @@ 2.74%Cu, 2.74%Cu, 242 242 New New claims claims for for 123 km²² 123

  43. Slide 43: Weedon New VTEM Survey

    WEEDON NEW VTEM SURVEY Solbec Solbec Mine: Mine: 2.06MT 2.06MT @ @ 1.57%Cu, 1.57%Cu, 4.57%Zn, 4.57%Zn, 0.68%Pb, 0.68%Pb, 0.61g/t/Au 0.61g/t/Au 2008 VTEM Survey • 1600 km of flight lines • 200 m line spacing Cupra Cupra Mine: Mine: 2.43MT 2.43MT @@ 2.74%Cu, 2.74%Cu, 3.28%Zn, 0.2%Pb, 0.5g/t/Au MIDLAND

  44. Slide 44: Lingwick Longitudinal Section

    Longitudinal Lingwick Contact SW NE Anomaly 1 Anomaly 2 Anomaly P Anomaly D Anomaly 4 Anomaly 3 235-06 910 914 Lingwick 235-02 Lingwick Resource Resource 235-01 350,000 350,000 tons tons @ @ A 200m B 200m C 200m 5.84% 5.84%Zn, Zn, 0.61% 0.61%Cu, Cu, 0.14% 0.14%Pb Pb -1000 ft ( -305 m) vert. E 400m D

  45. Slide 45: Longitudinal 2006 Showing Contact

    Longitudinal 2006 Showing Contact SW NE Showing 2006Old Trench Surface Channel Channel Samples Samples 2006 2006 Surface 13.5 13.5 % % Zn, Zn, 1.4%Cu, 1.4%Cu, 4.6%Pb, 4.6%Pb, 608 208g/t 208g/t Ag, Ag, 4.19g/t 4.19g/t Au Au // 1.1m 1.1m -20 m 909 -40 m -50 m vert. -60 m G 100m -80 m -100 m -100 m ver

  46. Slide 46: Midland Gatineau Zinc Project

    MIDLAND GATINEAU ZINC PROJECT Zn Gatineau MIDLAND EXPLORATION - A MANAGEMENT TEAM WITH A PROVEN TRACK RECORD OF DISCOVERIES

  47. Slide 47: Gatineau Zinc Opportunity

    GATINEAU ZINC OPPORTUNITY 615 615 NEW NEW CLAIMS, CLAIMS, 330.6 330.6 Km² Km² Area of Interest Lemieux 11% Zn, 1.78% Zn/0.67m Québec Aumond 20% Zn, 5.1% Zn/2.45m Chute Rouge 18% Zn Bouchette 23.9% Zn Kilmar Leitch 16.7% Zn, 4.1% Zn/1.15m 8% Zn 118.5 Kt @ 10% Zn Calumet 3.8 Mt @ 5.8% Zn, 1.9% Pb Wals

  48. Slide 48: Targets for SEDEX Zn Gatineau Area

    Targets Targets for for SEDEX SEDEX Zn Zn Gatineau Gatineau Area Area Lac Hall BALMAT BALMAT MineMine 43.5 43.5 Mt Mt at at 9.5% 9.5% Zn, Zn, 0.5% 0.5% Pb Pb Marble MIDLAND EXPLORATION - A MANAGEMENT TEAM WITH A PROVEN TRACK RECORD OF DISCOVERIES

  49. Slide 49: Geochemistry, Prospection and VTEM Surveys in Progress

    306 Stream Sediments 1588 Soils (500m * 200m) 300 Rock Samples 1.45% Zn Geochem, Geochem, Prospection Prospection and and VTEM VTEM Surveys Surveys in in Progress Progress New soil anomalies up to 8000 ppm Zn and New VTEM unexplained anomalies 2.28% Zn /2.0m New soil anomalies up to 6000 ppm zn New

  50. Slide 50: 2008 Flown VTEM Survey Blocs

    2008 Flown VTEM survey blocs 2007 Pilot tests 2008 Recon and infill MIDLAND EXPLORATION - A MANAGEMENT TEAM WITH A PROVEN TRACK RECORD OF DISCOVERIES

  51. Slide 51: Selected New VTEM Picks in Vicinity of Leitch

    Selected New VTEM Picks in vicinity of Leitch Leitch 127,000 @12% Zn Leitch 8430 ppm Zn Lafontaine Parker 27,000 @ 10% Zn 32% Zn Lafontaine Parker Bitobi MIDLAND EXPLORATION - A MANAGEMENT TEAM WITH A PROVEN TRACK RECORD OF DISCOVERIES

  52. Slide 52: Coming Up for Midland Exploration

    COMING UP FOR MIDLAND EXPLORATION  Continue to generate and secure new strategic gold projects.  Continue to form new partnerships for our Au, BM and U projects. Find new partners for our recent acquisitions.  Complete new phase of aggressive drilling (min. 3600m) by Agnico-Eagle on the Maritime-

  53. Slide 53: Increase Midland Visibility

    INCREASE MIDLAND VISIBILITY January 2009 Sunday 25th & Monday 26st Cambridge Vancouver March 2009 Sunday 1st to Wednesday 4th PDAC Toronto April 2009 Saturday 4th & Sunday 5th Cambridge Calgary May 2009 Monday 11th & Tuesday 12th IIC New-York June 2009 Sunday 7th & Monday 8th Cambridge Vancouver Nov

  54. Slide 54: Why Choose Midland Exploration?

    WHY CHOOSE MIDLAND EXPLORATION?  Management team and technical expertise.  Ability to quickly generate high-quality projects and attract new partners.  Attractive and successful JV business model.  Importants option agreements with Agnico-Eagle. Many more to come.  New gold and uraium discoveri

  55. Slide 55: Recommendations on Midland

    RECOMMENDATIONS ON MIDLAND P.O. BOX 6644 ANNAPOLIS MD 21401 410.224.8885 BULLETIN NO. 394 11 A.M. 15th DECEMBER, 2008 3 PAGES THE NEXT VIRGINIA? The next Virginia? That’s quite a claim. Notwithstanding the long odds against success in exploration, we are confident saying that Midland has the ingredi

  56. Slide 56: Discoveries

    A MANAGEMENT TEAM WITH A PROVEN TRACK RECORD OF DISCOVERIES » Maritime Cadillac Project » James Bay Au, U and Mo » Weedon Project » Zn Gatineau Project » Vermillon Project MIDLAND EXPLORATION - A MANAGEMENT TEAM WITH A PROVEN TRACK RECORD OF DISCOVERIES

  57. Slide 57: Thank You!

    VISIT US ON THE WEB www.midlandexploration.com THANK YOU ! Exploration Office 132 blvd. Labelle, Suite 220 Rosemere, (Québec) J7A 2H1 Tel : 450-420-5977 Fax : 450-420-5978 MIDLAND EXPLORATION - A MANAGEMENT TEAM WITH A PROVEN TRACK RECORD OF DISCOVERIES

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