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Strategies & Market Trends : Dino's Bar & Grill -- Ignore unavailable to you. Want to Upgrade?

To: Goose94 who wrote (4361)	3/13/2014 7:37:49 PM
From: Goose94	Read Replies (1) \| Respond to of 202435

Midland Exploration (MD-V) March 13, '14 has begun its exploration activity on its 100-per-cent-owned James Bay Eleonore gold project located in James Bay, Que. The first phase of the 2014 exploration program consists of a helicopter airborne magnetic geophysical survey over the Eleonore Centre property. The Eleonore project, which encompasses the Eleonore Centre and West properties, is constituted of a total of 247 claims covering 128 square kilometres and is located approximately 30 kilometres southwest from and in a geological environment similar to Goldcorp Inc.'s Eleonore deposit. This world-class gold deposit contains reserves of 4.03 million ounces of gold (proven and probable categories), combined measured and indicated resources of 4.84 million ounces of gold, and inferred resources estimated at 4.10 million ounces of gold. (Source: Goldcorp news release dated Feb. 13, 2014.) Prospecting conducted by Midland from 2009 to 2013 on the Eleonore Centre property identified the presence of several gold showings associated with quartz-tourmaline pyrite-bearing veinlets occurring in sheared metasediments, as well as mafic and felsic metavolcanics that returned up to 18.8 grams per tonne gold. These results strongly suggest that an auriferous hydrothermal system is present on the property by a strong abundance of quartz-tourmaline veins over a plurimetric area. In addition, the 2013 ground induced-polarization survey identified many north-south-trending IP anomalies, and several remain unexplained. The 2011 soil geochemistry survey permitted the company to delineate a series of arsenic-copper-antimony anomalies clustered along a north-south-trending axis. Finally, a series of parallel northeast-trending AeroTEM II conductors were outlined by the 2010 airborne geophysical survey, which targeted sulphide-bearing Eleonore-type sediments on the northern part of the Eleonore Centre property. Some of these conductors coincide with uncovered gold-bearing disseminated to semi-massive sulphide zones identified by Midland, and several electromagnetic anomalies still remain unexplained. A high-definition airborne magnetic survey covering the Eleonore Centre property was just completed, including the area covered by the 2013 IP survey. The results and interpretation of this survey, totalling 386 linear kilometres, are pending. Furthermore, preparation for the coming 2014 summer exploration program on the Eleonore Centre property is currently under way. This news release was prepared by Gino Roger, registered engineer and qualified person as defined by National Instrument 43-101.