Midland in Partnership With Rio Tinto Identifies New Spodumene-Bearing Pegmatites on Galinée Project
September 19 2023 - 7:30AM
Midland Exploration Inc. (
“Midland”)
(
TSX-V: MD), in partnership with Rio Tinto
Exploration Canada Inc. (
“RTEC”), is pleased to
report the identification of a series of spodumene-bearing
pegmatite dykes on the Galinée project, approximately 8 kilometres
east of the Adina lithium deposit held by Winsome Resources
(“Winsome”). The Galinée project is currently wholly owned by
Midland and is subject to an option agreement signed with RTEC in
June 2023 (see press release by Midland dated June 14, 2023). Field
crews began working on Galinée near the end of August, following
the complete lift of access restrictions in the James Bay region as
a result of forest fires in the summer of 2023.
Highlights:
- Discovery of spodumene-bearing pegmatite dykes 8 km
east of Winsome’s Adina project;
- Spodumene-bearing pegmatites identified over several
hundred of metres;
- Prospecting underway and drilling to come in
2023.
Over a distance of several hundred of metres,
spodumene-bearing pegmatites over several metres wide were
identified on several outcrops by field crews after a few days of
prospecting. A combination of ultraviolet (UV) lamp and a LIBS
(Laser-Induced Breakdown Spectroscopy) analyzer were used to
identify spodumene. Laboratory assay results are pending. Field
crews continue to determine the lateral extent and the geometry of
these spodumene-bearing pegmatites.
The Galinée project is located approximately 4
kilometres due east of the Adina showing held by Winsome. This
showing is located at the contact between amphibolites of the
Trieste Formation to the south and felsic intrusives to the north.
This contact is marked by a major structure that likely controlled
the emplacement of pegmatites at the Adina showing. This new
discovery, on Galinée, of spodumene-bearing pegmatite dykes was
made along the same highly favourable contact zone, which is
present on the property over more than 7 kilometres, and which has
never been explored for lithium in the past. This first exploration
program includes prospecting, geological mapping as well as a
high-resolution LiDAR survey.
Prospecting work on Galinée continues in
preparation for a maiden drilling campaign to come later in 2023.
Exploration works continue also on Chisaayuu, Corvette and Mythril
East blocks.
Cautionary statements
Grab samples are selective by nature and may not
be representative of mineralized zones.
Lithium mineralization occurring at Winsome’s
Adina deposit is not necessarily indicative of mineralization that
may be encountered on the Galinée project held by Midland.
About Midland
Midland targets the excellent mineral potential
of Quebec to make the discovery of new world-class deposits of gold
and critical metals. Midland is proud to count on reputable
partners such as RTEC, BHP Canada Inc., Barrick Gold Corp.,
Wallbridge Mining Company Ltd, Probe Gold Inc., Agnico Eagle Mines
Limited, Osisko Development Corp., SOQUEM Inc., Brunswick
Exploration Inc., Nunavik Mineral Exploration Fund, Cosmos
Exploration Limited and Abcourt Mines 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
Midland’s portfolio and generate shareholder value.
Qualified Person and VP Exploration Mario Masson
prepared this press release and verified the Galinée project data
as Midland’s qualified person (QP) within the meaning of National
Instrument 43-101.
For further information, please consult
Midland’s website or contact:
Gino Roger, President and Chief Executive Officer
Tel.: 450 420-5977 Fax: 450 420-5978 Email:
info@midlandexploration.com Website:
https://www.midlandexploration.com/
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.
Photos accompanying this announcement are available at:
https://www.globenewswire.com/NewsRoom/AttachmentNg/b61851a8-6c1d-4ca0-a3da-a224be3ce9b6
https://www.globenewswire.com/NewsRoom/AttachmentNg/3a0e6ab8-c6d6-4d4a-a228-4599637da7f3
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https://www.globenewswire.com/NewsRoom/AttachmentNg/6509c65a-8281-4b49-b776-0af2886ab9db
https://www.globenewswire.com/NewsRoom/AttachmentNg/f280f8e4-d98a-4a98-8f65-defa86d50b40
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