Midland Exploration Inc. (
“Midland”)
(
TSX-V: MD), in partnership with Rio Tinto
Exploration Canada Inc. (“
RTEC”), is pleased to
announce the reception of the remaining assay results from the
first drilling campaign for lithium on the Galinée project. The
2024 drilling campaign’s main objective was to test the Iceberg,
White Stripes, Surge, Snow Fox, and White Lightning lithium
showings (see press releases by Midland dated January 16, 2024, and
October 24, 2024). This press release reports results from the last
fifteen (15) drill holes of the 2024 campaign out of a total of
twenty-eight (28). The Galinée project is located approximately 5
kilometers east of the Adina lithium deposit held by Winsome
Resources (“Winsome”), is 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) and amended in April 2024
(see press release by Midland dated April 23, 2024).
Highlights:
- On Galinée, best results
from the remaining fifteen (15) drill holes out of twenty-eight
(28):
- 1.03%
Li2O over 32.87 meters
(TLIB0026);
- 1.46%
Li2O over 27.34 meters
(TLIB0018);
- 1.58%
Li2O over 35.05 meters (TLIB0022
RC);
- 0.76%
Li2O over 38.73 meters
(TLIB0020);
- On Galinée, at least seven
(7), meter to decameter-scale, spodumene pegmatites were
intersected during the 2024 drilling campaign, which remain open
and further to be tested;
Galinée 2024 Drilling Program
The 2024 drilling program on Galinée consisted
of twenty-one (21) diamond drill holes and seven (7) reverse
circulation (“RC”) drill holes totaling 6,284.86 meters, out of
which 819.92 meters were reverse circulation drilling. Assay
results from the remaining fifteen (15) drill holes have been
received. With the assay results from the first thirteen (13)
diamond drill holes published in a previous press release (see
press release by Midland dated October 24, 2024), all results have
now been received. The best results from the twenty-eight (28)
drill holes are summarized in the table below.
HoleID |
|
From (m) |
To (m) |
Interval (m) |
Li2O% |
TLIB0001 |
|
9.9 |
24.8 |
14.9 |
1.48 |
TLIB0002 |
|
7.0 |
33.5 |
26.5 |
1.49 |
Including |
14.3 |
33.5 |
19.2 |
1.85 |
TLIB0004 |
|
201.1 |
234.4 |
33.3 |
1,09 |
Including |
217.6 |
234.3 |
16.7 |
1.87 |
TLIB0006 |
|
41.6 |
62.6 |
20.97 |
1.94 |
|
188.6 |
200.1 |
11.52 |
2.47 |
TLIB0007 |
|
105.44 |
143.3 |
37.86 |
1.38 |
Including |
121.95 |
143.3 |
21.35 |
1.88 |
TLIB0011 |
|
81.71 |
91.47 |
9.76 |
1.46 |
|
157.98 |
179.88 |
21.9 |
1.09 |
TLIB0012 |
|
140.5 |
152.9 |
12.4 |
1.04 |
|
279.88 |
295.96 |
16.08 |
0.90 |
TLIB0013 |
|
100.54 |
121.06 |
20.52 |
0.70 |
TLIB0014 |
|
204.6 |
218.5 |
13.9 |
1.41 |
|
277.8 |
294.9 |
17.1 |
1.13 |
|
307.1 |
325.4 |
18.4 |
1.20 |
TLIB0018 |
|
46.9 |
59.1 |
12.2 |
1.02 |
|
149.9 |
177.2 |
27.34 |
1.46 |
|
258.1 |
280.4 |
22.34 |
0.75 |
TLIB0020 |
|
85.6 |
124.4 |
38.73 |
0.76 |
TLIB0022 |
|
22.86 |
57.91 |
35.05 |
1.58 |
TLIB0023 |
|
181.88 |
206.7 |
24.82 |
0.94 |
|
293.73 |
310.05 |
16.32 |
1.19 |
TLIB0026 |
|
26.33 |
59.2 |
32.87 |
1.03 |
|
|
|
|
|
|
The objectives of the 2024 drilling campaign
were to test the 2023 Iceberg Showing area with diamond drilling
while using reverse circulation drilling to test conceptual,
prospecting and geophysical targets. The drilling campaign mainly
focused on the Iceberg showing and also the White Stripes, Surge,
Snow Fox and White Lighning showings. Surface geological mapping
combined with drilling has identified a series of at least seven
(7), meter to decameter-scale, spodumene pegmatite bodies. Drill
results from holes TLIB0014, TLIB0018, TLIB0022, TLIB0023, and
TLIB0026 suggests extension of the Iceberg showing to the east,
while hole TLIB0020 furthermore suggests extensions towards the
west. The highlight result thus far returned core length interval
composites of 1.38% Li2O over 37.86 meters, including 1.88% Li2O
over 21.35 meters, in hole TLIB0007. Hole TLIB0026 returned 1.03%
Li2O over 32.87 meters and hole TLIB0018 returned up-to 1.46% Li2O
over 27.34 meters.
HoleID |
Easting (m) |
Northing (m) |
Azimuth (°) |
Dip (°) |
Depth (m) |
Core Size |
Type |
TLIB0001 |
676649 |
5909758 |
13 |
-45 |
240.00 |
HQ |
Diamond drilling |
TLIB0002 |
676613 |
5909697 |
13 |
-45 |
234.00 |
HQ |
Diamond drilling |
TLIB0003 |
676860 |
5909819 |
13 |
-45 |
285.00 |
HQ |
Diamond drilling |
TLIB0004 |
676926 |
5909884 |
193 |
-45 |
270.00 |
HQ |
Diamond drilling |
TLIB0005 |
676609 |
5909695 |
13 |
-70 |
219.00 |
HQ |
Diamond drilling |
TLIB0006 |
676742 |
5909751 |
13 |
-60 |
294.00 |
HQ |
Diamond drilling |
TLIB0007 |
676609 |
5909695 |
193 |
-70 |
198.00 |
HQ |
Diamond drilling |
TLIB0008 |
676459 |
5909742 |
13 |
-60 |
177.00 |
HQ |
Diamond drilling |
TLIB0009 |
676503 |
5909121 |
13 |
-45 |
225.00 |
HQ |
Diamond drilling |
TLIB0010 |
675810 |
5909224 |
193 |
-60 |
168.00 |
HQ |
Diamond drilling |
TLIB0011 |
676783 |
5909609 |
13 |
-70 |
315.00 |
HQ |
Diamond drilling |
TLIB0012 |
676564 |
5909440 |
13 |
-60 |
345.00 |
HQ |
Diamond drilling |
TLIB0013 |
676488 |
5909022 |
13 |
-45 |
279.00 |
HQ |
Diamond drilling |
TLIB0014 |
676959 |
5909500 |
13 |
-60 |
384.00 |
HQ |
Diamond drilling |
TLIB0015 |
678459 |
5909235 |
343 |
-45 |
228.00 |
HQ |
Diamond drilling |
TLIB0016 |
676863 |
5910037 |
13 |
-60 |
261.74 |
HQ |
Diamond drilling |
TLIB0017 |
676402 |
5909976 |
13 |
-60 |
171.00 |
HQ |
Diamond drilling |
TLIB0018 |
677070 |
5909621 |
13 |
-60 |
294.00 |
HQ |
Diamond drilling |
TLIB0019 |
677316 |
5909627 |
13 |
-60 |
105.16 |
3¼" |
RC drilling |
TLIB0020 |
676458 |
5909740 |
193 |
-60 |
273.00 |
HQ |
Diamond drilling |
TLIB0021 |
677042 |
5909281 |
13 |
-60 |
100.58 |
3¼" |
RC drilling |
TLIB0022 |
677176 |
5909176 |
13 |
-60 |
150.88 |
3¼" |
RC drilling |
TLIB0023 |
677418 |
5909564 |
13 |
-60 |
321.00 |
HQ |
Diamond drilling |
TLIB0024 |
677949 |
5908838 |
13 |
-60 |
100.58 |
3¼" |
RC drilling |
TLIB0025 |
677375 |
5910112 |
13 |
-75 |
150.88 |
3¼" |
RC drilling |
TLIB0026 |
677171 |
5909176 |
13 |
-60 |
283.20 |
HQ |
Diamond drilling |
TLIB0027 |
677540 |
5910022 |
13 |
-60 |
117.35 |
3¼" |
RC drilling |
TLIB0028 |
676008 |
5909683 |
13 |
-60 |
94.49 |
3¼" |
RC drilling |
* Coordinates in UTM zone 18, NAD83
Preliminary models continue to suggest that the
spodumene pegmatite bodies dip shallowly, typically less than 30
degrees, and are often observed as stacked sets in the drill holes
– the drilling commonly intersected multiple mineralized pegmatite
bodies with variable thickness. Preliminary structural studies and
3D modelling suggest that these pegmatites could have sigmoidal
geometries. Mineralogical studies show that the major lithium phase
at Iceberg is spodumene with minor muscovite and cookeite
alteration. Minor petalite is present and holmquistite is often
present in the amphibolitic country rock adjacent to pegmatites.
The spodumene pegmatite bodies remain open along strike and to
depth and more drilling will be necessary to more precisely
determine their geometry and extension.
Drilling is planned to resume in March 2025,
with a first phase budget USD 3.59M approved for a combination of
diamond and RC drilling. Early metallurgical tests are also being
evaluated on select core sections using LIBS scanning to identify
and quantitatively determine grain size and the lithium
mineralogy.
About the Galinée Project
The Galinée project is located approximately 5
kilometers due east of the Adina deposit (mineral resource estimate
of 77.8 MT at 1.15% Li2O, see press release by Winsome dated May
28, 2024) held by Winsome. This deposit is located at the contact
between amphibolites of the Trieste Formation to the south and
felsic intrusives to the north and is marked by a major structure
that likely controlled the emplacement of pegmatites at Adina. The
same highly favourable contact zone is present on the property over
more than 7 kilometers, and the Iceberg lithium showing was
discovered along this contact (see press release by Midland dated
September 19, 2023).
Quality Control
RTEC sampling protocols include the insertion of
blanks, duplicates, and standards as such: Internal blanks were
inserted at the beginning of every drill hole, or sample batch, and
were inserted every 30 samples throughout. Field duplicates of ¼
cut drill cores were also inserted every 30 samples (with the
parent sample immediately preceding). At least 1 CRM standard was
inserted within every intersected pegmatite interval. CRM materials
used included OREAS 750, OREAS 751, OREAS 753 and OREAS 999 for
mineralized samples; OREAS 520 and OREAS 524 for unmineralized
materials. All samples were prepared by ALS Laboratories in Thunder
Bay using a preparation package whereby the entire sample is
crushed to 70% less than 2-millimetre mesh size using a Boyd
crusher and splitter combination. A one-kilogram split of crushed
material is pulverized to better than 85% passing 75 microns mesh
size. ALS internally sends all pulps to ALS Geochemistry in
Vancouver for analysis.
Pegmatite materials were analyzed by a
multi-method analytical package: (1) ME-MS61L four acid digest and
ICP-MS multicollector multi-element analysis, (2) ME-ICP06 lithium
borate fusion whole rock analysis, and (3) ME-MS81 lithium borate
fusion trace element analysis. All samples reporting >4500 ppm
Li are reported by both a dilution method from the four-acid digest
ME-MS61L and reanalyzed by Li-ICP82b sodium peroxide fusion and
ICP-AES determination.
Cautionary Statements
Grab samples are selective by nature and may not
be representative of mineralized zones. Furthermore, the true
thickness of mineralized intervals cannot be determined with the
information currently available.
Lithium mineralization occurring at the deposits
mentioned in this press release is not necessarily indicative of
mineralization that may be intersected on projects held by Midland
and mentioned in this press release.
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, Electric Elements Mining Corp., SOQUEM Inc., Nunavik
Mineral Exploration Fund, 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 Chief Geologist
Jean-François Larivière, P. Geo, Ph. D, prepared this press release
and verified the Galinée project data as Midland’s qualified person
(QP) within the meaning of National Instrument 43-101. The QP
has verified the data as per clause 3.2 – given they are
confidently identifying spodumene using these methods.
For further information, please consult
Midland’s website or contact:
Gino Roger, President and Chief Executive OfficerTel.:
450 420-5977Fax: 450 420-5978Email:
info@midlandexploration.comWebsite:
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:
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https://www.globenewswire.com/NewsRoom/AttachmentNg/546a1c4c-0f23-4c2b-b269-3984c279aeb4
https://www.globenewswire.com/NewsRoom/AttachmentNg/083808cd-ec0a-4fef-8dca-d9081fa22d8a
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https://www.globenewswire.com/NewsRoom/AttachmentNg/57dc7b98-3cce-4d67-a613-fde75fef6de3
https://www.globenewswire.com/NewsRoom/AttachmentNg/6e326831-6b81-414e-89bf-0089dc044232
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https://www.globenewswire.com/NewsRoom/AttachmentNg/0b77abaf-bc71-4ab5-a78a-abc628f772f4
https://www.globenewswire.com/NewsRoom/AttachmentNg/79d11d8e-46a3-4e0e-b09b-022dac728044
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