Midland Exploration Inc. · TSXV:MD
Midland Exploration — Investor Presentation (December 2012)
56 slides from Midland Exploration's investor presentation, December 2012
Slide 1: A New Mine Finder in Quebec
MIDLAND EXPLORATION INC 2012 Corporate Presentation A NEW MINE FINDER IN QUEBEC MIDLAND EXPLORATION - A MANAGEMENT TEAM WITH A PROVEN TRACK RECORD OF DISCOVERIES
Slide 2: Capital Structure
CAPITAL STRUCTURE Company is listed on the TSX Venture as MD 26.6 Million Shares Outstanding: Management:12%, Institutions:41%, Retail:47% 27.9 Million Shares Fully Diluted 52 week high/low $1.09 - $1.82 No Debt, $4.0 Million Cash in Treasury MIDLAND EXPLORATION - A MANAGEMENT TEAM WITH A
Slide 3: Midland Exploration Strategy
MIDLAND EXPLORATION STRATEGY Prospect Generator / Joint-Venture Model Quebec Focus Strong Technical Expertise World Class Gold, BM and REE deposits. Using New technologies Diversified high quality projects portfolio located in the backyard of major world class deposits. (18 projects, 4,8
Slide 4: Midland Targets Quebec
MIDLAND TARGETS QUEBEC Québec ranked in the top five by the Fraser Institute. Many world class recent discoveries. Excellent mining infrastructure available within target area. Government support; Plan Nord with $80 Billion/25y. Exploration costs remain low. Exceptional Geological databa
Slide 5: Quebec Plan Nord Location
QUEBEC PLAN NORD LOCATION Midland projects Au, Fe, REE Plan Nord planned Ytterby infrastuctures (REE) 49th parralel BJ Iron (Fe) BJ Eleonore BJ Gold (Au) (Au) Casault (Au) Valmond (Au) Jouvex (Au) MIDLAND EXPLORATION - A MANAGEMENT TEAM WITH A PROVEN TRACK RECORD OF DISCOVERIES
Slide 6: Strong Management Expertise
STRONG MANAGEMENT EXPERTISE JEAN-PIERRE JANSON GINO ROGER Chairman and Director CEO and Director INGRID MARTIN RENÉ BRANCHAUD Chief Financial Officer Secretary and Director BOB VALLIANT LEGAL ADVISORS Director Technical Team GERMAIN CARRIÈRE - Mario Masson (Vp Explo.) CONSULTANTS Director - Robert B
Slide 7: 2012 General Objectives
2012 GENERAL OBJECTIVES Discover at least one new significant deposit (Au, Cu-Zn, REE) within our partnership projects. Continue to form strategic new partnership agreements. Increase our drilling ratio (more than 20,000m). Continue to generate and secure new strategic projects in Quebec. Go
Slide 8: 2011-2012 Highlights
2011-2012 HIGHLIGHTS Several drill programs completed in 2011-2012 with several new discoveries that will be follow-up. Financing of $1M at $2.0, no fees and no warrants. Signature of a new agreement with Osisko. Possible Agnico-Eagle drift extension (1km)on our Maritime Cadillac property.
Slide 9: Midland Active Projects Location
MIDLAND ACTIVE PROJECTS LOCATION Midland /JOGMEC (REE) Midland/North American Palladium (Au) Midland/Agnico-Eagle (Au) Midland Abitibi (Au) Midland/Osisko (Au) Midland James Bay (Au-Fe) ABITIBI GOLD BELT Midland Gatineau (Zn) Midland Weedon (Cu-Zn-Au) MIDLAND EXPLORATION - A MANAGEMENT TEAM WITH A P
Slide 10: Good Quality Partners
GOOD QUALITY PARTNERS Agnico-Eagle (AEM operator) Osisko (OSK operator) North American Palladium JOGMEC (MD operator) SOQUEM (SOQ operator) Total of $24.0M + $0.8M cash over 5 years More than $5.5M of exploration in 2012 Including more than 15,000 m of drilling MIDLAND EXPLORATION - A MANA
Slide 11: New Partnership Opportunities
NEW PARTNERSHIP OPPORTUNITIES QUEBEC CANADA Midland (Mo-Cu) Midland Uranium Midland (Fe-Au) Midland James Bay (Au) Midland Eleonore (Au) ABITIBI GOLD BELT Midland Gold Projects Montreal Midland Gatineau (Zn) Midland Weedon (Cu-Zn-Au) MIDLAND EXPLORATION - A MANAGEMENT TEAM WITH A PROVEN TRACK RECORD
Slide 12: Midland Active Partnership Projects Highlights
Midland Active Partnership Projects Highlights MIDLAND EXPLORATION - A MANAGEMENT TEAM WITH A PROVEN TRACK RECORD OF DISCOVERIES
Slide 13: New Midland Partnerships – Abitibi Gold Projects
NEW MIDLAND PARTNERSHIPS – ABITIBI GOLD PROJECTS Midland / Osisko DETOUR LAKE Measured &Indicated Resources 43-101 New Project (Au) N Of 16.5 Moz Au Midland Valmond New Project (Au) SELBAIE CASA BERARDI MATAGAMI CAMP Mafic Volcanics (Hist. Production) Felsic Volcanics > 2 Moz Au Ultramafics VEZZA PR
Slide 14: Abitibi Projects Work in Progress and Budget
ABITIBI PROJECTS WORK IN PROGRESS AND BUDGET DETOUR LAKE IP Survey 58 km Measured &Indicated Resources VTEM Survey 380 km N 43-101 Of 16.5 Moz Au Budget : $ 256,000 + Drilling 2013 CASA BERARDI (Hist. Production) DOUAY PROJECT > 2 Moz Au VEZZA PROJECT Mafic Volcanics Felsic Volcanics Ultramafics Sed
Slide 15: Midland Unexplored Maritime Cadillac Property
MIDLAND UNEXPLORED MARITIME CADILLAC PROPERTY Cadillac-Larder Lake Fault Zone - Longitudinal Section 141-10-23 1.7 g/t Au / 37.85 m Incl. 2.3 g/t Au / 24.0 m 2008-09 Gold Discovery 2006 Gold Discovery PANDORA Incl. 12.6 g/t Au / 1.5 m MARITIME CADILLAC LAPA ZULAPA Ouest Sud Est Keel Tonawanda Mariti
Slide 16: Maritime V4 West
Maritime V4 West S N Maritime-Cadillac JV Agnico-Eagle (Lapa) -100 m -200 m 141-10-27 OPEN LV 141-09-22A -300 m 8.6 g/t Au over 5.5 m 141-11-30 LV incl. 13.8 g/t Au over 3.0 m LV 141-11-32 -400 m 141-10-26 LV LV -500 m OPEN EW Fault -600 m -700 m Longitudinal Section Maritime V4 West Looking West 0
Slide 17: Dyke East Zone Hole 33 & 34A
DYKE EAST ZONE HOLE 33 & 34A Diss.Py in altered dyke (#33) Qtz+Ser in altered dyke (#33) Qtz+Albite alteration (#34A) Gold Grains (#33) MIDLAND EXPLORATION - A MANAGEMENT TEAM WITH A PROVEN TRACK RECORD OF DISCOVERIES
Slide 18: Patris Property New Gold Discovery
PATRIS PROPERTY NEW GOLD DISCOVERY - 150 line km Mag-IP completed - New Malartic Type targets identified in sediments DUNN Project Fayolle Deposit - New drill program recently proposed (2,000m) 54 claims for 21 km2 TYPHOON /AURIZON OPTION New Gold Structure 0.5 g/t Au / 17 m PATRIS Project 50 claims
Slide 19: PAT-11-16 Deepening Proposed
PAT-11-16 DEEPENING PROPOSED PAT-11-15 0.48 g/t Au over 17.0 m Incl.: 0.94 g/t Au over 4.0m PAT-11-15 0.86 g/t Au over 3.0 m Deepening PAT-11-16 200 m MIDLAND EXPLORATION - A MANAGEMENT TEAM WITH A PROVEN TRACK RECORD OF DISCOVERIES
Slide 20: Laflamme Gold Property with NAP
LAFLAMME GOLD PROPERTY WITH NAP -1780 line km Mag-EM (VTEM) completed - Ground Geophysical follow-up OctaveinProject progress(MRNF & GSC) - Drilling will resume in November (3000 m) GEANT DORMANT > 1 Moz Au Comtois (Bell-Osbourne) 808,000 tons @ 20.2 g/t Au New Maudore Gold Discovery 26.3 g/t Au ove
Slide 21: Laflamme New Discoveries
LAFLAMME NEW DISCOVERIES New Ni-Cu-PGE Discovery : LA-11-08 0.66% Ni, 0.35% Cu, 0.17 g/t Pt, 0.16 g/t Pd, 0.11 g/t Au, 1.4 g/t Ag over 8.0 m Incl.: 1.55% Ni, 0.53% Cu, 0.26 g/t Pt, 0.28 g/t Pd, 0.13 g/t Au, 1.9 g/t Ag over 1.6 m LAFLAMME PROPERTY 494 claims for 261 km² New Maudore Gold Discovery 26.
Slide 22: Laflamme New High Priority Targets
LAFLAMME NEW HIGH PRIORITY TARGETS Work Proposal EM-23 (TDEM) IP Grid : 12 km TDEM Grid : 11 km 6 DDH for +/- 1800 m EM-15 (DDH) EM-16 (DDH/TDEM?) AU-11 (IP) Midland / NAP JV 0.8 g/t Au over 40.8 m Midland / NAP JV 26.3 g/t Au over 3.3 m Maudore Minerals EM-9 (DDH) MAUDORE NEW GOLD DISCOVERIES (12 K
Slide 23: Casault New Strategic Partnership with Osisko
CASAULT NEW STATEGIC PARTNERSHIP WITH OSISKO MIDLAND / OSISKO OPTION $ 6 M over 5 years for 50% 2.4 g/t Au / 72.0 m (Balmoral) Up to $21 M for 65% Incl. 11.18 g/t Au / 12.0 m New Bug Lake discovery: 7.94 g/t / 19.70 m Detour Lake Resource of >20.5 Moz Au 1.2 g/t Au / 10.0 m 4.3 g/t Au / 12.2 m 3.7 g
Slide 24: Casault Proposed IP Survey
CASAULT PROPOSED IP SURVEY Work Proposal Fall 2012 IP (3 blocks) : 60 km Mafic Volcanics 2.4 g/t Au / 72.0 m (Balmoral) Incl. 11.18 g/t Au / 12.0 m New Bug Lake discovery: 7.94 Mafic/Int g/t / 19.70 m Volcanics Mafic Volcanics 4.3 g/t Au / 12.2 m 0.22 g/t Au / 3.0 m 0.79 g/t Au / 1.5 m 3.7 g/t Au /
Slide 25: Bug Lake Balmoral New Discovery
BUG LAKE BALMORAL NEW DISCOVERY 2.4 g/t Au / 72.0 m (Balmoral) Incl. 11.18 g/t Au / 12.0 m New Bug Lake discovery: 7.94 g/t / 19.70 m MD/OSK BAR MD/OSK Gold intersections in drill holes IP axis (1995) Midland’s Property outline DDH’S 2012 (19 ddh; 4,562 m) VTEM Next IP Surveys
Slide 26: Osisko – Midland New VTEM Survey
OSISKO – MIDLAND NEW VTEM SURVEY 2.4 g/t Au / 72.0 m (Balmoral) Incl. 11.18 g/t Au / 12.0 m New Bug Lake discovery: 7.94 g/t / 19.70 m VTEM Survey Budget $86,000 4.3 g/t Au / 12.2 m 3.7 g/t Au / 4.0 m SLDZ SLDZ New Discovery 3.6 g/t Au / 3.1 m CAS-12-07 10.4 g/t Au / 1.45 m MIDLAND EXPLORATION - A M
Slide 27: Abitibi Project Generation
ABITIBI PROJECT GENERATION DETOUR LAKE FENELON 24.0 g/t Au / 2.5 m 7.8 g/t Au / 7.2 m Massicotte DZ Dunlop Bay 53.0 g/t Au / 3.0 m Selbaie Mine Prod: 53MT Valmond Au Project @ 1% Cu, 2% Zn, 0.6g/t Au B-26 Zone 0.6MT Ontario Quebec 2.9 g/t Au, 2.8% Cu MATAGAMI CAMP Jouvex Au Project CASA BERARDI (His
Slide 28: Abitibi Project Generation
ABITIBI PROJECT GENERATION DETOUR LAKE FENELON 24.0 g/t Au / 2.5 m 7.8 g/t Au / 7.2 m Massicotte DZ Dunlop Bay 53.0 g/t Au / 3.0 m Selbaie Mine Prod: 53MT Valmond Au Project @ 1% Cu, 2% Zn, 0.6g/t Au B-26 Zone 0.6MT Ontario Quebec 2.9 g/t Au, 2.8% Cu MATAGAMI CAMP Jouvex Au Project CASA BERARDI (His
Slide 29: Jouvex Regional Geology
JOUVEX REGIONAL GEOLOGY Mafic Volcanics Felsic Volcanics BIF Sediments Tuffs / Volcanics REGIONAL FLEXURE OF THE Mafic Intrusives CASA BERARDI / DOUAY / CAMERON DEFORMATION ZONE Midland Jouvex New Project (Au) Casa Berardi Mine 65 km Mine Estrade Douay West Agnico Eagle Telbel Zone 531 Douay Main Zo
Slide 30: Jouvex Property Geology
JOUVEX PROPERTY GEOLOGY Mafic Volcanics JOUVEX PROPERTY Felsic Volcanics 0.61 g/t Au / 1.5m 1.07 g/t Au / .70m 230 claims for 134 km² BIF Sediments Tuffs / Volcanics 0.62 g/t Au / 1.5 m Gr Orvillier - Desmazures Mafic Intrusives 0.96 g/t Au / 1.1m Conglo, V1 , 8% Py 1.24 g/t Au / 1.8 m Seds Cb++ Ser
Slide 31: Midland James Bay Gold
MIDLAND JAMES BAY GOLD James Bay Au-Fe ABITIBI GOLD BELT MIDLAND EXPLORATION - A MANAGEMENT TEAM WITH A PROVEN TRACK RECORD OF DISCOVERIES
Slide 32: James Bay Gold and Iron Projects
JAMES BAY GOLD AND IRON PROJECTS Montagne-du-pin Property Lasalle Property Virginia Mines Inc. 32.20 % Fe North Whip Showing: 5.68 and 4.08 g/t Au N LaGrande Sud Golden Idol Showing: 9.10 g/t Au 350 000 oz at 1.5 g/t Au Guyer Property 37.10 % Fe JAMES BAY GOLD PROJECT Virginia Mines Inc. Orfée Zone
Slide 33: New Significant Gold Zones
NEW SIGNIFICANT GOLD ZONES New 1200 metres Mineralized Gold hozizon 40 Grabs samples returned average grade of 0.5 g/t Au Locally up to 13.6 g/t Au MIDLAND EXPLORATION - A MANAGEMENT TEAM WITH A PROVEN TRACK RECORD OF DISCOVERIES
Slide 34: Éléonore Centre: 2010-2012 Highlights
Éléonore Centre: 2010-2012 Highlights Golden Eye 1.90, 0.43 and 0.40 g/t Au Forever Gold North Meta-conglomerats 0.15 g/t Au Golden Gun 13.6, 0.76 and 0.4 g/t Au Meta-greywacke Forever Gold 0.72 g/t Au Golden Gun South 0.1 to 0.16 g/t Metapelite Gold Finger 1.01, 0.82 and 0.26 g/t Au Meta-conglomera
Slide 35: Eleonore Centre 2013 Field Proposal
ELEONORE CENTRE 2013 FIELD PROPOSAL Proposed Exploration Program Prospecting - IP Survey Over the Fault Zone - 100m Mag-EM Survey over the property - Further Prospecting of the Property MIDLAND EXPLORATION - A MANAGEMENT TEAM WITH A PROVEN TRACK RECORD OF DISCOVERIES
Slide 36: BJ East Midland Projects - As Lake Bottom Sediment
BJ East Midland Projects - As Lake Bottom Sediment Goldcorp Eleonore Gold Deposit: 3.15 Millions oz @ 11.92g/t Au (indicated) 6.25 Millions oz @ 12.93 g/t Au (inferred) MIDLAND EXPLORATION - A MANAGEMENT TEAM WITH A PROVEN TRACK RECORD OF DISCOVERIES
Slide 37: Iron Deposits in the James Bay Area
IRON DEPOSITS IN THE JAMES BAY AREA Kuujjuarapik Great Whale, Niocan 3 Deposits 957Mt @ 36% Fe (not NI-43 101) Midland Montagne-du-Pin Properties Grab up-to 32.2% Fe Duncan, Augyva/Century Iron Ore Midland 6 Deposits Guyer Properties 852 Mt @ 25.56% Fe Grab up-to 37.1% Fe (Measured + indicated + inf
Slide 38: Midland Ytterby REE Project
MIDLAND YTTERBY REE PROJECT QUEBEC CANADA Midland Ytterby REE ABITIBI GOLD BELT Montreal MIDLAND EXPLORATION - A MANAGEMENT TEAM WITH A PROVEN TRACK RECORD OF DISCOVERIES
Slide 39: New Midland REE Ytterby Project Location
NEW MIDLAND REE YTTERBY PROJECT LOCATION Strange Lake, B-Zone Quest Rare Minerals REE Deposits Nain Ytterby 1 Nain Ytterby 2 Ytterby 3 Ytterby 4 MIDLAND EXPLORATION - A MANAGEMENT TEAM WITH A PROVEN TRACK RECORD OF DISCOVERIES
Slide 40: Midland New Ytterby Regional Properties
MIDLAND NEW YTTERBY REGIONAL PROPERTIES 2012 - 8 holes for 1,800 metres - 205 tills samples collected Ytterby 2 -Assays pending 18.0% TREO, 8.2% Ce2O3 3.38% La2O3 and 3.39% Nd2O3 - JOGMEC visited the project Ytterby 3 July 30th to August 2nd. 8.3% TREO, 4.1% Ce2O3 2.1% La2O3 and 1.25% Nd2O3 MIDLAND
Slide 41: Falls Showing – Channel Sampling Results
Falls Showing – Channel Sampling Results R-16 0.19%/5.0m; 59% HREO Incl. 0.30%/2.0m 167 ppm Dy2O3 R-18 0.12%/4.0m; 57% HREO R-17 0.13%/4.0m; 59% HREO R-15 0.13%/8.0m; 59% HREO Incl. 0.28%/2.0m R-1 0.064%/1.5m; 50% HREO R-2 04%/0.5m; 60% HREO R-3 0.16%/0.5m and 0.12%/1.0m; 59% HREO R-4 0.09%/3.0m; 59
Slide 42: Ytterby 2 HREE Showings vs Others
YTTERBY 2 HREE SHOWINGS Vs OTHERS MIDLAND EXPLORATION - A MANAGEMENT TEAM WITH A PROVEN TRACK RECORD OF DISCOVERIES
Slide 43: Y2 Drill Program
Y2 DRILL PROGRAM KELL Showing Y2-12-10, 270m Levin Showing Y2-12-08; 255m Lake North Showing Y2-12-09, 237.8m Chute Showing Y2-12-06, 150m Y2-12-07, 174m Central Showing Y2-12-11, 255m Thor Lake Outline True Scale Nova Showing Y2-12-13, 200m Noname Showing Y2-12-12, 249
Slide 44: Strange Lake REE Boulder Field Evaluation
STRANGE LAKE REE BOULDER FIELD EVALUATION Strange Lake REE Boulder Field SLPC B-Zone Midland-Jogmec Strange Lake EML Quest Midland-Jogmec Midland-Jogmec LIL Midland-Jogmec MIDLAND EXPLORATION - A MANAGEMENT TEAM WITH A PROVEN TRACK RECORD OF DISCOVERIES
Slide 45: Till Sampling Ytterby 1 Mineralized Till
TILL SAMPLING YTTERBY 1 MINERALIZED TILL
Slide 46: JOGMEC Field Visit
JOGMEC FIELD VISIT
Slide 47: Midland Gatineau Zinc Project
MIDLAND GATINEAU ZINC PROJECT Zn Gatineau MIDLAND EXPLORATION - A MANAGEMENT TEAM WITH A PROVEN TRACK RECORD OF DISCOVERIES
Slide 48: Significant Zinc Indications
SIGNIFICANT ZINC INDICATIONS 266 NEW CLAIMS, 160 Km² Area of Works 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 16.7% Zn, 4.1% Zn/1.15m Leitch 8% Zn 118.5 Kt @ 10% Zn Calumet 3.8 Mt @ 5.8% Zn, 1.9% Pb Walsh 9.55% Zn Ontario Cadieux 1
Slide 49: Midland Weedon Project
MIDLAND WEEDON PROJECT Quebec City MIDLAND EXPLORATION - A MANAGEMENT TEAM WITH A PROVEN TRACK RECORD OF DISCOVERIES
Slide 50: Weedon Property Location
Weedon Property Location 16.2Mt @ 14.5%Zn, 7.6%Pb, 1.3%Cu, 126g/t Ag, 1.37g/t Au >150 Mt @ 8%Zn, 3%Pb, 0.3%Cu, 100g/t Ag Weedon Project Duck Pond Bald Mountain 4.08 Mt @ 3.3% Cu, 5.7% Zn, 59 g/t Ag and 0.86 g/t Au 30 Mt @ 1.03% Cu, 1.12% Zn, 14.4 g/t Ag and 0.51 g/t Au MIDLAND EXPLORATION - A MANAGE
Slide 51: Weedon 2007 VTEM Survey
Weedon 2007 VTEM Survey Solbec Mine: 2.06MT @ 1.57%Cu, 4.57%Zn, 0.68%Pb, 0.61g/t/Au Cupra Mine: 2.43MT @ 2.74%Cu, 3.28%Zn, 0.2%Pb, 0.5g/t/Au WEEDON PROPERTY Weedon Mine: 1.60MT @ 2.33%Cu, 450 claims for 229 km² 0.86%Zn, 0.56g/t/Au 2007 VTEM Survey • 1500 km of flight lines • 200 m line spacing 2006
Slide 52: Lingwick Trenching
Lingwick Trenching 2006 New MS Showing 1.4%Cu, 4.6%Pb, 13.5%Zn, 208g/t Ag, 4.19g/t Au /1.1m 1.20% Cu, 1.41% Pb. 0.5% Zn, 88 g/t Ag and 0.45g/t Au / 1.0 m 0.20% Cu, 1.29% Pb. 2.37% Zn, 46 g/t Ag and 0.28g/t Au / 0.5 m 0.13% Cu, 0.42% Pb. 0.42% Zn, 47.9 g/t Ag and 1.05g/t Au / 0.5 m 0.69% Cu, 2.47% Pb
Slide 53: Coming Up for Midland Exploration
COMING UP FOR MIDLAND EXPLORATION Continue to form new strategic partnerships for our Au and BM projects. Complete second phase of exploration including IP and VTEM surveys with Osisko on Casault. Winter drilling in early 2013. Complete a third phase of exploration with NAP on Laflamme gold pr
Slide 54: Analysts Recommendations
ANALYSTS RECOMMENDATIONS 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 ingredien
Slide 55: Why Choose Midland Exploration
WHY CHOOSE MIDLAND EXPLORATION Management team and technical expertise. Excellent capital structure and well funded. Attractive and successful JV business model. Important option agreements with Agnico-Eagle, Osisko, North American Palladium, JOGMEC and SOQUEM. Many more to come. New gold,
Slide 56: Thanks – Merci Beaucoup!
www.midlandexploration.com THANKS – MERCI BEAUCOUP ! 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 DISCO
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