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Midland Exploration Inc. Company Data
| Introduction
| Projects in Hand
| Management
Midland Exploration Inc. is a dynamic and aggressive mineral exploration company focused on world class gold, PGE, base metals and rare earth elements (REE) mine discoveries in one of Canada's richest mining provinces, Quebec. Midland is led by a highly-respected management and technical team with a proven mine-finding track record. Midland intends to generate new attractive projects and seeks opportunities through industry partnerships (JV Model) including a new strategic alliance with Altius Minerals Corporation in the James Bay area. Also a new joint-venture agreement has been signed with Osisko Exploration James Bay Inc. near Eleonore Mine and the Cheechoo Project in the James Bay area. The Company optioned to Teck Resources Limited its Patris gold property, its Casault and Jouvex gold projects to SOQUEM Inc. Two other gold projects, Maritime-Cadillac and Laflamme, are currently in joint-venture with Agnico-Eagle Mines Limited and Abcourt Mines Inc. respectively. Midland also has a joint-venture with Japan Oil, Gas and Metals National Corporation (JOGMEC) for the Pallas PGE project located in the Labrador Trough. Recently, Midland also acquired the Willbob project, a new high-grade gold project, and the Nachicapau project with strong zinc-copper-potential, also located in the Labrador Trough. Midland fully intends to continue securing new partnerships for its recently acquired properties. Midland Exploration has 100% interest in 27 projects including 37 mining exploration properties in Quebec, Canada, that together comprise 5,598 mining claims for a total surface area of more than 2,896 sq. km. The Maritime-Cadillac, Heva, Casault, Samson, La Peltrie, Adam, Laflamme, Patris, Valmond, Jouvex, James Bay Gold, Weedon, Gatineau (Copper and Zinc), Pallas PGE and Ytterby REE projects are located in various favourable geological provinces. Among Midland's projects are: (1) Maritime-Cadillac Gold Project The Maritime-Cadillac project is located midway between the cities of Rouyn-Noranda and Val-d'Or, in Abitibi, Quebec. The Maritime-Cadillac project is currently a Joint Venture between Agnico Eagle Mines Limited (51%) and Midland (49%). Highlights:
(2) Pallas PGE Project The Pallas project is located in the Labrador Trough, about 80 kilometres west of Kuujjuak, Quebec. Midland has signed an option agreement with Japan Oil, Gas and Metals National Corporation (JOGMEC). Highlights:
(3) Casault Gold Project The Casault project is located about 140 kilometres north of the town of La Sarre, in Abitibi, Quebec. Midland has signed an option agreement with SOQUEM Inc. Highlights:
(4) Jouvex Gold Project The Jouvex property is located about 50 kilometres west of the town of Matagami, in Abitibi, Quebec. Midland has signed an option agreement with SOQUEM Inc. Highlights:
Coming Up for Midland Exploration
Investment Highlights
Management and Directors Gino Roger, President, Chief Executive Officer and Director Mr. Roger was Project Geologist, Senior Geologist and Regional Geologist for Xstrata, Falconbridge and Noranda. He worked in Québec, Ontario, B.C., Yukon and Sweden on a wide variety of projects involving gold, VMS, SEDEX, MVT, and IOCG ore deposits. He is a director of the Quebec Mineral Exploration Association. Jean-Pierre Janson, Chairman of the board Mr. Janson joined Richardson GMP in January 2005 as Managing Director, National Wealth Management. Mr. Janson was previously Managing Director of CIBC Wood Gundy Financial Services (Québec) Inc. (Eastern Canada) and held senior management positions with Merrill Lynch Canada Inc. and Midland Walwyn Inc. Mr. Janson has more than 30 years of experience in the financial services industry. Germain Carrière, Director Mr. Carrière was President and Chief Operating Officer of Desjardins Securities Inc. He is a director of several public and private companies and is Chairman of the Board of TSO3 Inc. Dr. Robert I. Vaillant, Director Dr. Valliant is President and Secretary of Tri Origin Exploration Ltd. and a director of its affiliate TriAusMin Ltd. He is also a director of the Prospectors and Developers Association of Canada. René Branchaud, Secretary and Director Mr. Branchaud has been a lawyer since 1983 and is a partner of the law firm Lavery, de Billy L.L.P. He has a vast experience as secretary and director of mining corporations. Paul Archer, Director Mr. Archer has more than 35 years of experience in the mining industry, particularly in exploration for gold and base metals in Archean terrains. Ingrid Martin, Chief Financial Officer Mrs. Martin acts as Chief Financial Officer of Hinterland Metals Inc., Sphinx Resources Ltd. and Geomega Resources Inc. Mrs. Martin is devoting 25% of her time to the Company.NEWS UPDATEOn May 10, 2017, Midland Exploration Inc. announced that its board of directors has approved the nomination of Paul Archer as director of the Company. Mr. Archer has more than 35 years of experience in the mining industry, particularly in exploration for gold and base metals in Archean terrains.On May 2, 2017, Midland Exploration Inc. announced that it has executed an option agreement with Iamgold Corp. for its Heva gold property. This property is currently wholly owned by Midland and is located near the prolific Cadillac Break. On January 30, 2018, Midland Exploration Inc. announced that it will resume drilling on the Vortex zone, located in the west part of the Casault property. On January 17, 2018, Midland Exploration Inc. announced that it has discovered a significant gold system during its recent drilling campaign completed in the fall of 2017 on the Casault gold project. Midland drills 26.5 m of 1.38 g/t Au at Casault. On December 14, 2017, Midland Exploration Inc. has released the most recent results of its exploration campaign on the Willbob project. The most significant results are:
On November 22, 2017, Midland Exploration Inc. announced that it has completed a non-brokered private placement 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. On November 1, 2017, Midland Exploration Inc. and Altius Minerals Corp. have released the results of a detailed VTEM (versatile time-domain electromagnetic) electromagnetic survey and provided preliminary field observations from their Moria nickel and Shire zinc projects in the James Bay area. Midland and Altius identify highly prospective electromagnetic anomalies on the Moria and Shire discoveries. On October 26, 2017, Midland Exploration Inc. announced that Midland and Iamgold Corp. identify new targets on its Heva Gold Project. Midland has commenced an exploration program involving trenching and a drilling campaign on the Heva gold property in partnership with Iamgold Corp. On October 17, 2017, Midland Exploration Inc. announced the most recent results of its reconnaissance campaign on the Willbob project (wholly owned by Midland), with the discovery of two new very high-grade gold showings in the northern part of the project. Grab samples of mineralized quartz veins, found within a 120 meters x 50 meters area, yielded three very high gold values: 419 g/t Au, 38.3 g/t Au and 21.7 g/t Au. On October 3, 2017, Midland Exploration Inc. announced the results of a prospecting campaign on the Lasalle property of its James Bay gold project (wholly owned by Midland). The highlight of the 2017 campaign is the discovery of three new gold showings, with grab samples yielding up to 22.6 grams per tonne gold. On September 26, 2017, Midland Exploration Inc. announced results of the 2017 prospecting campaign in the Eleonore mine area, carried out jointly 50/50 with Osisko Mining Inc. Midland and Osisko discover a new high-grade copper bearing boulder field, with up to 8.28% Cu, in the James Bay area. In the southern part of the project, a field of copper-rich, subangular diorite boulders was discovered. Four diorite boulders sampled in 2016 and 2017 returned 8.28 per cent copper, 6.85 per cent Cu, 4.54 per cent Cu and 3.45 per cent Cu in grab samples On September 6, 2017, Midland Exploration Inc. announced that it has executed a new option agreement with Niobay Metals Inc. for its La Peltrie gold property, currently wholly owned by Midland. Under the terms of this new agreement, Niobay may earn 50 per cent of Midland's interest over a period of four years. On August 29, 2017, Midland Exploration Inc. announced the discovery of several new high-grade gold-bearing structures on Midland’s wholly-owned Willbob Project. On August 17, 2017, Midland Exploration Inc. and Altius Minerals Corp.announced the discovery of a new nickel-copper-cobalt showing in the James Bay region yielding up to 1.07% Ni, 0.24% Cu and 0.09% Co. At the same time, Midland announced the nomination of Sylvain Trepanier as vice-president, exploration, James Bay and north of Quebec. On August 10, 2017, Midland Exploration Inc. announced that Midland Exploration and Altius Minerals Corp. identified a new zinc-bearing belt in the James Bay area and discover a new zinc showing up to 7.53% Zn. The new showing, named O'Connor, is located approximately 80 kilometres east of Nemaska, Eeyou Istchee, Quebec, in an underexplored area. On July 6, 2017, Midland Exploration Inc. reported preliminary results of a diamond drilling program conducted under the joint venture operated by Agnico Eagle Mines Ltd. on the Maritime-Cadillac property. Drill hole 141-17-36 intersected a gold-bearing zone grading 1.46 grams per tonne gold over 31.60 metres, including 2.2 g/t Au over 15.6 metres. On May 10, 2017, Midland Exploration Inc. announced that its board of directors has approved the nomination of Paul Archer as director of the Company. Mr. Archer has more than 35 years of experience in the mining industry, particularly in exploration for gold and base metals in Archean terrains. On May 2, 2017, Midland Exploration Inc. announced that it has executed an option agreement with Iamgold Corp. for its Heva gold property. This property is currently wholly owned by Midland and is located near the prolific Cadillac Break. |
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