MONTREAL, May 07, 2018 -- Midland Exploration Inc. is pleased to announce the exercise of warrants of Midland, for an aggregate amount of $1,750,300, at a price of $1.15 per share. Such warrants were issued pursuant to a private placement closed in May 2015. Midland will use the proceeds to fund exploration works on properties located in Québec. About Midland Midland targets the excellent mineral potential of [...]
MONTREAL, April 12, 2018 -- Midland Exploration Inc. is pleased to report the commencement of a major helicopter-borne electromagnetic survey on its Turgeon and Mistaouac projects, wholly owned by Midland and acquired in the summer of 2016. The Turgeon property comprises 246 claims covering a surface area of approximately 138 square kilometres, whereas the Mistaouac property totals 404 claims in two claim blocks covering [...]
MONTREAL, April 06, 2018 -- Midland Exploration Inc. is pleased to report the results of a drilling campaign completed in the fall of 2017 on the La Peltrie property in partnership with Niobay Metals Inc. . The La Peltrie property consists of 520 claims totalling approximately 288 square kilometres and covers, over more than 25 kilometres, a series of NW-SE-trending subsidiary faults to the south of the regional Lower [...]
Midland Exploration Inc. is pleased to announce the acquisition by map staking of a new, 100% owned, nickel-copper-cobalt project in the Churchill geological province, Quebec. This new project consists of a total of 175 claims covering about 82 square kilometers and is located approximately 150 kilometers southeast of the town of Kuujjuaq, Quebec. The new project, called Soissons, covers a series of Ni-Cu-Co showings [...]
Midland Exploration Inc. is pleased to announce the start of an important exploration program on the Laflamme project. This program will include a SQUID-type electromagnetic survey covering the new kilometre-scale prospective ultramafic complex recently identified just east of the nickel-copper and platinum group element discovery on the Copernick zone in the spring of 2016. In addition, a helicopter-borne high resolution [...]
Midland Exploration Inc. is pleased to report that diamond drilling will resume on the Maritime-Cadillac property in partnership with Agnico Eagle Mines Ltd. . The Maritime-Cadillac property is contiguous to the Lapa gold mine. The objective of this new program, initially comprising two drill holes totalling up to 1,500 metres, is to test the potential depth extensions of the gold-bearing zone intersected in drill hole [...]
Midland Exploration Inc. announces that it has granted incentive stock options to employees, directors, officers and consultants of Midland to acquire an aggregate of 570,000 common shares at $0.89 per share, for a period of 10 years. These incentive stock options have been granted in accordance with Midland's Stock Option Plan. About Midland Midland targets the excellent mineral potential of Quebec to make the discovery [...]
Midland Exploration Inc. is pleased to report that drilling will resume on the Vortex zone, located in the west part of the Casault property held in joint venture with SOQUEM INC. . The Vortex zone is a new "syenite-associated disseminated gold" discovery located along the Sunday Lake Fault, about 40 kilometres east of the Detour Lake mine. This open pit mine hosts mineral reserves estimated at 14.1 million ounces of gold [...]
Midland Exploration Inc. is pleased to report the discovery of a significant gold system during its recent drilling campaign completed in the fall of 2017 on the Casault gold project in joint venture with SOQUEM INC. . The Casault property consists of 315 claims and covers the Sunday Lake Fault over more than 20 kilometres strike length, about 40 kilometres east of the Detour Lake mine. This open pit mine hosts mineral [...]
Midland Exploration Inc. is pleased to announce the most recent results of its exploration campaign on the Willbob project , located about 70 km west of Kuujjuaq and close to the Kan project . The most significant results are: High-grade values of 250.10 g/t Au, 40.10 g/t Au, 24.80 g/t Au in grab samples from the new Wayne showing 1.37 g/t Au / 6.10 m in a channel, from the new Didgeridoo gold zone 36.40 g/t Au / 0.50 m [...]
Midland Exploration Inc. and Altius Minerals Corp. are pleased to announce the results of channel sampling from their Moria nickel and Shire zinc projects in the James Bay area. The Shire Project is located in an underexplored area about 80 kilometers east of Nemaska, Quebec. It was initiated following the discovery of a Zn-bearing exhalative horizon in July 2017 that returned up to 7.53% Zn in grab sampling . Several [...]
Midland Exploration is pleased to announce that it has completed a non-brokered private placement with accredited investors as well as with directors and officers of Midland and family members, close friends and business associates of Insiders by issuing a total of 1,692,854 flow-through common shares at $1.35 per Flow-Through Share, for total gross proceeds of $2,285,354. The securities issued in the private placement [...]