Midland Exploration Inc. · TSXV:MD
Midland Exploration — Investor Presentation (August 2009)
50 slides from Midland Exploration's investor presentation, August 2009
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
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 - $0.85 No Debt, $3.5 Million Cash in Treasury MIDLAND EXPLORATION - A MANAGEMENT TEAM WITH A PROVEN TRACK RECORD OF DISCOVERIES
Slide 3: Midland Exploration Strategy
MIDLAND EXPLORATION STRATEGY Joint-Venture Prospect Generator Model Quebec Focus Strong Technical Expertise Exploring for World Class Gold, BM, U deposits. Using New technologies Diversified Projects Portfolio MIDLAND EXPLORATION - A MANAGEMENT TEAM WITH A PROVEN TRACK RECORD OF DISCOVERIES
Slide 4: JV Prospect Generator Model Strategy
JV PROSPECT GENERATOR 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
Slide 5: Midland Targets Quebec
MIDLAND TARGETS QUEBEC Québec ranked #1 by the Fraser Institute in 2007-2008. Many world class recent discoveries. Excellent mining infrastructure available within target area. Government support. Exploration costs remain low. Exceptional Geological database. MIDLAND EXPLORATION - A MANAGEMENT TEAM
Slide 6: Strong Expertise
STRONG EXPERTISE JEAN-PIERRE JANSON GINO ROGER Chairman and Director CEO and Director RENÉ BRANCHAUD INGRID MARTIN Secretary and Director Chief Financial Officer JACQUES BONNEAU Director LEGAL ADVISORS BOB VALLIANT Director Technical Team CONSULTANTS - Robert Banville - Mario Masson GERMAIN CARRIÈRE
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 resource
Slide 8: Midland Active Projects Location
MIDLAND ACTIVE PROJECTS LOCATION Midland/Quest Uranium Midland/Agnico-Eagle Midland/Agnico-Eagle Midland/SOQUEM Midland/Osisko Lapa & Laronde Mines Midland Weedon ABITIBI GOLD BELT Midland Gatineau Zn MIDLAND EXPLORATION - A MANAGEMENT TEAM WITH A PROVEN TRACK RECORD OF DISCOVERIES
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
Slide 10: Maritime-Cadillac Project
MARITIME-CADILLAC PROJECT QUÉBEC CEINTURE ABITIBIENNE Montréal MIDLAND EXPLORATION EXPLORATION - A MANAGEMENT MIDLAND - TEAM UN NOUVEAU WITH A DÉCOUVREUR PROVEN TRACK AU QUÉBEC RECORD OF DISCOVERIES
Slide 11: 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 ONTA RIO 65.6 Million Oz Gold MA THESON ONTA RIO 3.8 Million Oz Gold DUPA RQUET QUEBEC 1.6 Million Oz Gold McINTYRE BEATIE HOLLINGER DOME HOLT
Slide 12: Midland Unexplored Property
MIDLAND UNEXPLORED PROPERTY Cadillac-Larder Lake Fault Zone - Longitudinal Section PANDORA LAPA ZULAPA MARITIMECADILLAC Ouest Sud Est Keel Tonawanda Mar itim e Gold Contact Zone North Tonawanda Zone Resoucr e Explored Area Cadillac Gold Branch Resoucr e Zone South 200m Branch Zone 2006 Gold Discover
Slide 13: New Gold Zones Discoveries
NEW GOLD ZONES DISCOVERIES NEW DISCOVERY Lapa: 3.75 Mt at 8.8 g/t Au Maritime Dyke East 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 Contact East Hole 141-08-14B 3.30 g/t Au over 6.50 m (TW) Maritime Dyke West I
Slide 14: 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
Slide 15: 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 0.92 / 5.05 (2.0) 15 -300 m #4 (contact V4) 13 2.4 / 1.5 (1.1) 17 18A -400 m #5 0.47 / 5.80 (4.6) -500 m OPEN 1.1 / 25.9 (18.1) Incl. 1.9 / 11.0 (7.7) Incl. 4.7 / 1.5 (1.0) 21(1 st) -600 m 21(2 nd) 18
Slide 16: 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
Slide 17: 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 3.30 / 14.7 (6.5) -200 m 12 Incl. 6.10 / 5.7 (2.5) 0.24 / 29.7 (15.0) #4 -300 m 14B 13 20 15 19 0.74 / 7.2 (5.6) Incl. 1.18 / 3.2 (2.5) -400 m 18A 17 #5 1.29 / 2.45 (2.0) -500 m OPEN -60
Slide 18: Dunn Gold Project
DUNN GOLD PROJECT QUEBEC CANADA Midland/Osisko CEINTURE ABITIBIENNE Montreal MIDLAND EXPLORATION EXPLORATION - A MANAGEMENT MIDLAND - TEAM UN NOUVEAU WITH A DÉCOUVREUR PROVEN TRACK AU QUÉBEC RECORD OF DISCOVERIES
Slide 19: Dunn vs Abitibi Gold Mines
DUNN Vs ABITIBI GOLD MINES Beattie-Donchester Camp de Timmins Holloway- McDermott > 1 Moz Au > 60 Moz Au > 4 Moz Au Dunn Project Faille Porcupine-Destor Camp Doyon - Laronde > 25 Moz Au Faille Larder Lake- Cadillac Rouyn-Noranda 0 50 100 kilomètres MIDLAND EXPLORATION EXPLORATION - A MANAGEMENT MIDL
Slide 20: Midland New Agreement with Osisko
MIDLAND NEW AGREEMENT WITH OSISKO Favor key partnership in order to conduct a important exploration program. Osisko can earn 50% of MD interest’s by funding $1.3M + payment of $0.14M over 3 years. $0.32M (firm) first year commitment in progress. Midland initial operator during the option period. 50/
Slide 21: Gold Showings in the Midland Dunn Vicinity
GOLD SHOWINGS IN THE MIDLAND DUNN VICINITY Yvan Vezina Mine Prod: 1.1 MT @ 3.72 g/t Au Fayolle Resource (Cut 3.0 g/t Au) Ind: 106,900 t @ 6.4 g/t Au Inf : 218,800 t @ 6.3 g/t Au DUNN PROPERTY Aiguebelle Fault 51 CLAIMS for 1990 hectares Mannev ille Fault Mannev ille South Fault Mafic Volcanics Felsi
Slide 22: Midland Laflamme Gold Project
MIDLAND LAFLAMME GOLD PROJECT Midland Laflamme Au-Cu MIDLAND EXPLORATION - A MANAGEMENT TEAM WITH A PROVEN TRACK RECORD OF DISCOVERIES
Slide 23: Abitibi Geology and Project Location
ABITIBI GEOLOGY AND PROJECT LOCATION Matagami Casa Berardi > 4 Moz Au Agnico-Eagle Telbel 1.3 Moz Au Comtois Géant Dormant 524,000 oz Au 0.9 Moz Au Lebel-sur-Quévillon Laflamme Project La Sarre Mafic Volcanics Amos Felsic Volcanics Sediments Mafic Intrusives Felsic Intrusives Rouyn-Noranda Midland P
Slide 24: Laflamme Geology and Showings
LAFLAMME GEOLOGY AND SHOWINGS Hudson LAFLAMME PROPERTY 10.42 g/t Au / 2.60 m 375 claims for 210 km² 0.64% Zn, 4.1 g/t Ag / 0.60 m Comtois (Bell-Osbourne) 808,000 tons @ 20.2 g/t Au Bigniba Cpy-Au Train Mondor 1.0 g/t Au / 0.30 m 1.12 g/t Au / 1.50 m Mafic Volcanics Felsic Volcanics 3.82 g/t Au / 0.1
Slide 25: Au (Heavy Mineral 63-250 um)
Au (Heavy Mineral 63-250 um) Octave Project (MRNF & GSC) Au ICP (63-250 um) >95%tile ; > 350 ppb Au Comtois (Bell-Osbourne) 808,000 tons @ 20.2 g/t Au Mafic Volcanics Felsic Volcanics Sediments Mafic Intrusives Felsic Intrusives 0 5 10 Midland Property Limit kilometers MIDLAND EXPLORATION - A MANAGE
Slide 26: Cpy grains / Kg matrix
Cpy grains / Kg matrix Octave Project (MRNF & GSC) Cpy grains/Kg matrix >95%tile ; > 8 grains Cpy/Kg Comtois (Bell-Osbourne) 808,000 tons @ 20.2 g/t Au Mafic Volcanics Felsic Volcanics Sediments Mafic Intrusives Felsic Intrusives 0 5 10 Midland Property Limit kilometers MIDLAND EXPLORATION - A MANAG
Slide 27: Midland – Agnico James Bay Gold
MIDLAND – AGNICO JAMES BAY GOLD MIDLAND EXPLORATION - A MANAGEMENT TEAM WITH A PROVEN TRACK RECORD OF DISCOVERIES
Slide 28: 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
Slide 29: Midland New Gold Properties
MIDLAND NEW GOLD PROPERTIES Vs As 1174 New Claims, 589 km² MD-6 MD-1 MD-2 MD-5 MD-3 Goldcorp Eleonore gold deposit: 1.8Moz indicated,0.9 Moz inferred MD-4 MIDLAND EXPLORATION - A MANAGEMENT TEAM WITH A PROVEN TRACK RECORD OF DISCOVERIES
Slide 30: Midland – Agnico-Eagle James Bay Program
MIDLAND – AGNICO-EAGLE JAMES BAY PROGRAM - 3440 line km Mag-Radiometric survey completed - 317 Till samples collected -Geophysics, trenching and prosection in progress 0 50 MIDLAND EXPLORATION - A MANAGEMENT TEAM WITH A PROVEN TRACK RECORD OF DISCOVERIES
Slide 31: 2008 New Discoveries
2008 NEW DISOVERIES Lac Sirios Nord Showing Iron formation Geology Legend 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
Slide 32: Midland-Quest Uranium James Bay U Project
MIDLAND-QUEST URANIUM JAMES BAY U PROJECT Midland/Quest MIDLAND EXPLORATION - A MANAGEMENT TEAM WITH A PROVEN TRACK RECORD OF DISCOVERIES
Slide 33: Quest Uranium – Midland Project Location
QUEST URANIUM – MIDLAND PROJECT LOCATION High Grade Boulders and New Gold and Cu Showings Outcrops 2.25% to 25.4% U 3O8 9.1 and 5.2 g/t Au 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 M
Slide 34: Midland - Quest Uranium 2008 Highlights
MIDLAND - QUEST URANIUM 2008 HIGHLIGHTS 302 New Claims, 153 km² 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
Slide 35: Midland Weedon Project
MIDLAND WEEDON PROJECT MIDLAND EXPLORATION - A MANAGEMENT TEAM WITH A PROVEN TRACK RECORD OF DISCOVERIES
Slide 36: 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 Bal d 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 MANAG
Slide 37: Weedon Gold-VMS Opportunity
WEEDON GOLD-VMS OPPORTUNITY Solbec Mine: 2.06MT @ 1.57%Cu, 4.57%Zn, 0.68%Pb, 0.61g/t/Au NEW MIDLAND PROPERTY Cupra Mine: 2.43MT @ 2.74%Cu, 242 New claims for 123 km² 3.28%Zn, 0.2%Pb, 0.5g/t/Au Mafic Volcanics Felsic Volcanics Conglomerate Limestone Weedon Mine: 1.60MT @ 2.33%Cu, Argillaceous Limesto
Slide 38: Weedon New VTEM Survey
WEEDON NEW VTEM SURVEY Solbec Mine: 2.06MT @ 1.57%Cu, 4.57%Zn, 0.68%Pb, 0.61g/t/Au 2008 VTEM Survey • 1600 km of flight lines • 200 m line spacing Cupra Mine: 2.43MT @ 2.74%Cu, 3.28%Zn, 0.2%Pb, 0.5g/t/Au MIDLAND PROPERTY 242 claims for 123 km² Weedon Mine: 1.60MT @ 2.33%Cu, 0.86%Zn, 0.56g/t/Au 2006
Slide 39: Ready to Drill New VTEM Targets
READY TO DRILL NEW VTEM TARGETS Weedon Mine: 1.60MT @ 2.33%Cu, 0.86%Zn, 0.56g/t/Au WEE-26 WEE-25 LIN-16 Lingwick: 0.35Mt @ 0.61%Cu, LIN-21 5.84%Zn, 0.14%Pb, 0.35g/t/Au LIN-24 LIN-19 LIN-23 LIN-22 0 2.5 5 WEE-27 LIN-20 LIN-18 kilometers MIDLAND EXPLORATION - A MANAGEMENT TEAM WITH A PROVEN TRACK RECO
Slide 40: Longitudinal Lingwick Contact
LONGITUDINAL LINGWICK CONTACT SW NE Anomaly 1 Anomaly 2 Anomaly P Anomaly D Anomaly 4 Anomaly 3 235-06 910 914 Lingw ick Resource 235-02 235-01 350,000 tons @ A 200m B 200m C 200m 5.84% Zn, 0.61% Cu, 0.14% Pb -1000 ft ( -305 m) v ert. E 400m DDH 235-06 31C D 400m 10% Py, Tr. Cpy / 2.8 ft DDH 235-02
Slide 41: Longitudinal 2006 Showing Contact
LONGITUDINAL 2006 SHOWING CONTACT SW NE Showing 2006Old Trench Surface Channel Samples 2006 Surface 13.5 % Zn, 1.4% Cu, 4.6% Pb, 608 208g/t Ag, 4.19g/t Au / 1.1m -20 m 909 -40 m -50 m vert. -60 m H 100m G 100m -80 m -100 m -100 m vert. -120 m Showing 2006 Contact 0 25 50 Inclined Longitudinal at -45
Slide 42: Midland Gatineau Zinc Project
MIDLAND GATINEAU ZINC PROJECT Gatineau Zn MIDLAND EXPLORATION - A MANAGEMENT TEAM WITH A PROVEN TRACK RECORD OF DISCOVERIES
Slide 43: Gatineau Zinc Opportunity
GATINEAU ZINC OPPORTUNITY 615 NEW CLAIMS, 330.6 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 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
Slide 44: 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
Slide 45: 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 Laf ontaine Parker Bitobi MIDLAND EXPLORATION - A MANAGEMENT TEAM WITH A PROVEN TRACK RECORD OF DISCOVERIES
Slide 46: 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. New phase of aggressive drilling by Agnico-Eagle on the Maritime-Cadillac property by the end
Slide 47: 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
Slide 48: 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. Important option agreements with Agnico-Eagle and Osisko. Many more to come. New gold and uranium discover
Slide 49: 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? T hat’s quite a claim. Notwithstanding the long odds against success in exploration, we are confident saying that Midland has the ingred
Slide 50: 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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