TSX-VN: "MEX"
TORONTO, July 24 /CNW/ - Kim Harris, Chief Executive Officer of Midlands
Minerals Corporation ("Midlands"or the "Company") is pleased to announce the
Company commenced a detailed Metal Mobil Ion ("MMI") geochemistry program on
the Itilima Project in Tanzania, in preparation for drilling in the fourth
quarter of 2006. The work program is designed and supervised by Marc Boisvert
P. Eng.
Midlands is conducting a detailed survey to select drill location sites
along previously detected soil geochemical anomalies. The work program entails
three detailed grids with lines spaced at 100 metres and sampling stations
along the line at 20 metre intervals. Two grids, the main Itilima Grid and the
Itilima West Grid, are covering two anomalous areas bordering both sides of a
diorite sill over a strike length of 3 to 4 kilometres. The third grid is
covering an anomalous gold area coinciding with an iron rich dyke taking place
along a NE structural lineament.
A total of 2157 samples are planned to be collected along 57 km of grid
lines.
On July 5, 2006, the first 600 sample batch was delivered to the SGS
laboratory in Mwanza, Tanzania. Field work is expected to be completed by the
end of July 2006 and results are expected in August and September 2006. The
Company is targeting November 2006 for commencement of the next phase of
drilling for gold on the Itilima Project.
The Itilima Project is located in the Lake Victoria Goldfields, an area
with over 40 million ounces of known gold reserves. Gold mines in the area
include Barrick Gold's Bulyanhulu, AngloGold Ashanti's Geita and Resolute
Mining's Golden Pride. Previous RC drilling done in 2004 also confirmed the
presence of diamondiferous kimberlites on the Itilima Project.
Forward-looking statements involve a number of known and unknown risks,
uncertainties and other factors, which may cause the actual results,
performance or achievements of the company to be materially different from
actual results and achievements expressed or implied by such forward-looking
statements. Readers are cautioned not to place undue reliance on these
forward-looking statements, which speak only as of the date the statements
were made. Readers are also advised to read such forward looking statements
while considering the risks inherent in the business of mineral exploration.
The TSX-V has in no way passed upon the merits of the proposed programs
and has neither approved nor disapproved the contents of this press
release.
%SEDAR: 00020880E
