Midland Exploration Inc. · TSXV:MD

Midland Exploration — Investor Presentation (January 2009)

47 slides from Midland Exploration's investor presentation, January 2009

  1. Slide 1: A New Mine Finder in Quebec

    MIDLAND EXPLORATION 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  21.1 Million Shares Outstanding  22.9 Million Shares Fully Diluted  52 week high/low $0.21 - $0.84  Broker warrants (420,000) at $0.50 due March 2009  No Debt, $3.6 Million Cash in Treasury MIDLAND EXPLORATION - A MANAGEMENT TEAM W

  3. Slide 3: Midland Exploration Strategy

    MIDLAND EXPLORATION STRATEGY  Partnership (JV Model)  Quebec Focus  Strong Technical Expertise  World Class Gold, BM, U and Mo new discoveries  New technologies  Diversified Projects Portfolio MIDLAND EXPLORATION - A MANAGEMENT TEAM WITH A PROVEN TRACK RECORD OF DISCOVERIES

  4. Slide 4: JV Model Strategy

    JV MODEL STRATEGY  Form strategic partnership to advance Midland projects.  Partners are spending the money to advance the projects in order to earn an interest.  Minimize exploration risk.  Preserve Midland Exploration capital and corporate structure.  No dilution for the shareholders. MIDLAND

  5. Slide 5: 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

  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: Technology

    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

  9. Slide 9: Midland 2008 Highlights

    MIDLAND 2008 HIGHLIGHTS Quickly secure new strategic gold, base metal, Mo 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 discoveri

  10. Slide 10: 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

  11. Slide 11: Maritime Cadillac Project

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

  12. Slide 12: 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

  13. Slide 13: Prolific Mining Region

    PROLIFIC 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 D

  14. Slide 14: Regional Location

    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 EXPLORATION - A MANA

  15. Slide 15: New Gold Zones Discoveries

    NEW GOLD ZONES DISCOVERIES Lapa: 3.4 Mt at 10.2 g/t Au Maritime Contact East Hole 141-08-14B 3.30 g/t Au over 6.50 m Maritime Dyke West Including Hole 141-08-18 6.11 g/t Au over 2.50 m 1.85 g/t Au over 8.05 m Including 4.29 g/t Au over 1.50 m Maritime Dyke East Hole 141-08-15 3.46 g/t Au over 5.50 m

  16. Slide 16: Discovery of a New Gold Zone

    DISCOVERY OF A NEW GOLD ZONE Maritime Contact 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

  17. Slide 17: Midland Unexplored Property

    MIDLAND UNEXPLORED PROPERTY Cadillac-Larder Lake Fault Zone - Longitudinal Section PANDORA LAPA 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 Zone 2006 Gold D

  18. Slide 18: 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

  19. Slide 19: 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

  20. Slide 20: Midland New Gold Properties

    MIDLAND NEW GOLD PROPERTIES 1174 1174 New New Claims, Claims, 589 km²² 589 km Goldcorp Goldcorp Eleonore Eleonore gold gold deposit: deposit: 1.8Moz 1.8Moz indicated,0.9 Moz inferred indicated,0.9 Moz inferred Midland Gold Properties MIDLAND EXPLORATION - A MANAGEMENT TEAM WITH A PROVEN TRACK RECORD

  21. Slide 21: Midland-Agnico James Bay 2008 Program

    MIDLAND-AGNICO JAMES BAY 2008 PROGRAM - 3440 line km Mag-Radiometric survey completed - 317 Till samples collected and 200 grabs samples - Prospection and geological mapping completed 0 50 MIDLAND EXPLORATION - A MANAGEMENT TEAM WITH A PROVEN TRACK RECORD OF DISCOVERIES

  22. Slide 22: James Bay Gold Properties - Highlights

    James Bay Gold Properties - Highligths Lac Sirios Nord Showing Iron formation Eade Nord Showing Felsic Volcanics 4.3 g/t Au N Centre 3 and Golden Idol Showing 6.1% Cu, 0.26 g/t Au Sil./Chl. metasediments 9.09 and 2.47 g/t Pankot’s Palace Showing Metasediments 5.22 g/t, 0.60 g/t and 0.14 g/t Au Raft

  23. Slide 23: 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

  24. Slide 24: 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

  25. Slide 25: Midland – Quest Uranium Project

    MIDLAND – QUEST URANIUM PROJECT 320 320 New New Claims, Claims, 162 km²² 162 km La Grande Seggau Ganiq Quest Quest New New Survey Survey area area Opinaca Laguiche MIDLAND EXPLORATION - A MANAGEMENT TEAM WITH A PROVEN TRACK RECORD OF DISCOVERIES

  26. Slide 26: Kuljit-Sannon-Seggau Area

    KULJIT-SANNON-SEGGAU AREA 3-25% U3O8 in grab samples MIDLAND EXPLORATION - A MANAGEMENT TEAM WITH A PROVEN TRACK RECORD OF DISCOVERIES

  27. Slide 27: 2008-2009 Work Program

    2008-2009 WORK PROGRAM  Complete airborne geophysical surveys over the trace of the unconformity on the claims (1,953 line-km).  Prospectors have relocated historical occurrences and boulder fields and used airborne geophysics to evaluate new target areas.  Complete geological mapping and rock ge

  28. Slide 28: Midland Weedon Project

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

  29. Slide 29: 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%

  30. Slide 30: Weedon Regional Geology

    WEEDON REGIONAL GEOLOGY 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 km 3

  31. Slide 31: 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 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 MIDL

  32. Slide 32: New VTEM 2008 Drill Targets

    NEW VTEM 2008 DRILL TARGETS Cupra Cupra Mine: Mine: 2.43MT 2.43MT @@ 2.74%Cu, 2.74%Cu, 3.28%Zn, 3.28%Zn, 0.2%Pb, 0.2%Pb, 0.5g/t/Au 0.5g/t/Au CUP-05 MIDLAND MIDLAND PROPERTY PROPERTY WEE-06 242 242 claims claims for for 123 km²² 123 km Weedon Weedon Mine: Mine: 1.60MT 1.60MT @ @ 2.33%Cu, 2.33%Cu, VTE

  33. Slide 33: VTEM New Targets South Part

    VTEM NEW TARGETS South Part Weedon Weedon Mine: Mine: 1.60MT 1.60MT @ @ 2.33%Cu, 2.33%Cu, 0.86%Zn, 0.86%Zn, 0.56g/t/Au 0.56g/t/Au WEE-26 WEE-25 LIN-16 Lingwick: Lingwick: 0.35Mt 0.35Mt @ @ 0.61%Cu, 0.61%Cu, LIN-21 5.84%Zn, 5.84%Zn, 0.14%Pb, 0.14%Pb, 0.35g/t/Au 0.35g/t/Au LIN-24 LIN-19 LIN-23 LIN-22

  34. Slide 34: VTEM New Targets North Part

    VTEM NEW TARGETS North Part SOL-33 SOL-32 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 Cupra Cupra Mine: Mine: 2.43MT 2.43MT @@ 2.74%Cu, 2.74%Cu, 3.28%Zn, 3.28%Zn, 0.2%Pb, 0.2%Pb, 0.5g/t/Au 0.5g/t/Au CUP-29,30 0 2.5 5 CUP-28

  35. Slide 35: Weedon New Significant Showing

    WEEDON NEW SIGNIFICANT SHOWING New Significant Showing in 2006 MIDLAND EXPLORATION - A MANAGEMENT TEAM WITH A PROVEN TRACK RECORD OF DISCOVERIES

  36. Slide 36: Midland Gatineau Zinc Project

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

  37. Slide 37: Significant Zinc Opportunity

    SIGNIFICANT 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 W

  38. Slide 38: 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

  39. Slide 39: 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

  40. Slide 40: 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

  41. Slide 41: 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

  42. Slide 42: Coming Up for Midland Exploration

    COMING UP FOR MIDLAND EXPLORATION  Continue to generate and secure new strategic gold, base metal and U projects.  Continue to form new partnerships for Au, BM and U projects. Find new partners for our recent acquisitions.  New phase of aggressive drilling (min. 4000m) by Agnico on the Maritime-C

  43. Slide 43: 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 Sep

  44. Slide 44: 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.  New important option agreements with Agnico-Eagle and Quest Uranium. Many more to come.  Signific

  45. Slide 45: 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

  46. Slide 46: Discoveries

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

  47. Slide 47: 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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