MD Midland Exploration Inc

Midland Exploration Inc. ("Midland") (TSX VENTURE:MD) is pleased to announce
acquiring 455 new claims by map designation covering more than 200 square
kilometres in the Labrador Trough ("Trough") some 80 kilometres west of
Kuujjuak, Quebec. These new claims, exclusively owned, cover a large folded
pluri-kilometric ultramafic-mafic complex known, in this section of the Labrador
Trough, for its strong exploration potential for Platinum Group Elements
("PGE"). 


At present, in this sequence of the Trough, numerous PGE enriched Reef-type
mineralized horizons (characterized to be long, wide and narrow deposits) have
been traced over several hundreds of meters, even kilometers, with PGE plus gold
("PGE + Au") often beyond 2-3 grams per tonnes over few metres ("m") thick as
those very large Reef-type deposits as the Bushveld in South Africa and the
Great Dyke in Zimbabwe. By instance, they are the Idefix, Palladin and Lafortune
showings that returned up to 16.2 g/t PGE + Au over 1.0m, 3.5 g/t PGE + Au over
3.0m and 13.4 g/t PGE + Au in grab sample respectively. 


Impala Platinum Holdings Ltd, an important African PGE producer is currently
active in the Trough evaluating new PGE occurrences located directly in the
lateral extension of these last properties acquisition. Midland currently
controls more than 120 kilometres of very prospective stratigraphy from where
already 9 PGE + Au showings are documented (coming from the Quebec Ministere des
Ressources Naturelles et de la Faune SIGEOM database) and returned values
ranging from 0.47 to 2.17 g/t PGE + Au also along several kilometres of
documented mineralized horizons. On Midland Properties, all together, 16 grab
samples are above 0.50 g/t PGE + Au including 6 samples with values above 1.00
g/t PGE + Au.


The PGE have many commercial and industrial applications entering in the
fabrication of flat-screen monitor, fiber glass, surgery instrument or hard
drive by instance, but in a larger portion in the jewel market and even more
importantly, as catalyzer in the car industry to reduce air pollution created by
the exhaust of gasoline engine. 


Midland is very proud to add this very promising precious metal project to its
portfolio. The PGE's prices has maintained a continuous increase since 2000 due
to the growing demand from emerging countries as Brazil, Russia, India and China
which have recently agreed to control their pollutant emissions that will
require abundant PGE to control. 


Midland anticipates to begin exploration fieldwork this summer by conducting an
high resolution magnetic airborne survey and channel sampling on its best PGE
showings combined with detail prospecting to find new showings along
historically poorly explored mineralized horizons. 


Maps showing these new properties with strong potential for Platinum Group
Elements may be consulted at the following links:


For Figure 1 - Map of the Labrador Trough showing the location of the Pallas PGE
project, click here: http://media3.marketwire.com/docs/MD0708-1.pdf


For Figure 2 - Map showing the PGE showing on the north block, click here:
http://media3.marketwire.com/docs/MD0708-2.pdf


For Figure 3 - Map showing the PGE showing on the south block, click here:
http://media3.marketwire.com/docs/MD0708-3.pdf


About Midland 

Midland targets the excellent mineral potential of Quebec to make the discovery
of new world-class deposits of gold, PGE, base metals and rare earth elements.
Midland is proud to count on reputable partners such as Agnico-Eagle Mines
Limited, Osisko Mining Corporation, Maudore Minerals Limited, Japan Oil, Gas and
Metals National Corporation and SOQUEM Inc. Midland prefers to work in
partnership and intends to quickly conclude additional agreements in regard to
newly acquired properties. Management is currently reviewing other opportunities
and projects to build up the Company portfolio and generate shareholder value. 


This press release was prepared by Robert Banville, senior geologist for Midland
and Qualified Person as defined by NI 43-101. For further information, please
consult Midland's website.


Neither TSX Venture Exchange nor its Regulation Services Provider (as that term
is defined in the policies of the TSX Venture Exchange) accepts responsibility
for the adequacy or accuracy of this release. 


This press release may contain forward-looking statements that are subject to
known and unknown risks and uncertainties that could cause actual results to
vary materially from targeted results. Such risks and uncertainties include
those described in Midland's periodic reports including the annual report or in
the filings made by Midland from time to time with securities regulatory
authorities.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Gino Roger, President and Chief Executive Officer
450 420-5977
450 420-5978 (FAX)
info@midlandexploration.com
www.midlandexploration.com

Grafico Azioni Midland Exploration (TSXV:MD)
Storico
Da Mag 2024 a Giu 2024

Grafico Azioni Midland Exploration (TSXV:MD)
Storico
Da Giu 2023 a Giu 2024