To: Goose94 who wrote (6776 ) 6/19/2014 8:43:51 AM From: Goose94 Read Replies (2) | Respond to Midland Exploration (MD-T) is pleased to report the acquisition, by map designation, of a new property with strong gold and Ni-Cu-PGE potential, located about 5 kilometres south of the recent Ni-Cu-PGE and gold discovery made by Balmoral Resources Ltd ("Balmoral") on the Grasset project. Recently, Balmoral announced the discovery of a high-grade Ni-Cu-PGE zone, with values up to 1.79% Ni, 0.19% Cu, 0.42 g/t Pt, and 1.04 g/t Pd over 45.28 metres including an interval grading 10.6% Ni, 0.45% Cu, 2.04 g/t Pt, and 5.23 g/t Pd over 1.10 metres (see press release by Balmoral dated May 20, 2014). This newly acquired property, wholly owned by Midland and called Samson, comprises 528 claims covering a surface area of about 290 square kilometres. Ninety (90) cells out of 528 are currently being processed by the Ministère des Ressources Naturelles and will be registered shortly. This property covers, over a strike length of more than 20 kilometres, a series of strongly magnetic sills located just south of the regional Lower Detour Fault, also known for its gold potential. In addition, lithogeochemistry data from historical drill holes indicate the presence of ultramafic sills, thus confirming the potential for magmatic Ni-Cu-PGE mineralization on the Samson property. Data from airborne Input electromagnetic surveys indicate the presence of several conductors coinciding with magnetic sills, which have never been drill-tested and thus represent potential high-priority targets.media3.marketwire.com
