REE E Tech Resources Inc

Midland Exploration Inc. ("Midland") (TSX VENTURE:MD) is pleased to provide a
important update on its numerous exploration activities including many recent
exploration successes, namely the discovery of three new gold-bearing structures
and a new Ni-Cu-PGE zone. Over the course of 2012, five projects in partnership
with Agnico-Eagle Mines Limited, Osisko Mining Corporation, Aurizon Mines
Limited, North American Palladium Limited, and Japan Oil, Gas and Metals
National Corporation, will see more than 15,000 metres of drilling to
investigate targets located for the most part at very shallow depths. 


Gold Projects (Abitibi and James Bay, Quebec)

Maritime-Cadillac Project - JV with Agnico-Eagle Mines Limited ("Agnico-Eagle")

The drilling program completed in the spring of 2012 on the Maritime-Cadillac
property was designed to confirm the south plunge and continuity of a major
gold-bearing structure referred to as the Dyke East Zone. Two drill holes
(141-12-33 and 34A) spaced about 150 metres apart and totalling 1,485.3 metres
were completed in 2012 along the south-plunging extension of the Dyke East Zone.
Drill hole 141-12-33 intersected a gold-bearing zone grading 0.97 g/t Au over
5.3 metres from 599.2 to 604.5 metres, including 2.2 g/t Au over 1.6 metres.
This zone was followed by another interval grading 2.7 g/t Au over 5.9 metres,
including a higher-grade zone at 5.4 g/t Au over 2.5 metres. Drill hole
141-12-34A intersected an interval grading 1.1 g/t Au over 9.7 metres from 646.3
to 656.0 metres, including 2.2 g/t Au over 4.1 metres. These two drill holes
thus confirm our interpretation of a major south-plunging gold structure, which
remains open beyond a vertical depth of 750 metres. Midland believes these new
results on Maritime-Cadillac warrant further drilling in order to test the
extensions of the Dyke East Zone. The preparation of the next drilling program
is in progress. 


The Maritime-Cadillac property is contiguous to the Lapa gold mine property
(700,000 ounces of gold in proven and probable reserves, with 2.4 million tonnes
at 6.5 g/t Au), in commercial production since May 2009.


The Maritime-Cadillac project is currently a 50/50 joint venture between
Agnico-Eagle and Midland. Agnico-Eagle is now working to increase its interest
in the project by solely financing all ongoing exploration expenditures on the
project, earning 1 % additional interest for every $1,000,000 in exploration
expenditures, to a maximum of 15 % additional interest.


Casault Project - Optioned to Osisko Mining Corporation ("Osisko")

During the winter 2012 drilling program on Casault, which consisted of nineteen
(19) drill holes totalling 4,562 metres, drill hole CAS-12-07 intersected a new
high-grade gold-bearing structure grading 10.4 g/t Au over 1.45 metres from
176.60 to 178.05 metres, including 13.05 g/t Au over 0.75 metre from 177.30 to
178.05 metres. This new gold zone is characterized by the presence of 10-15 %
disseminated pyrite along a structure with strong quartz-sericite-calcite
alteration. This new gold-bearing zone occurs along the contact between a
granodiorite intrusion and enclosing mafic volcanic rocks. It remains open and
untested in all directions. The next phase of exploration work is currently in
the planning stages and will include an induced polarization survey and further
drilling. 


The Casault property is located about 40 kilometres east of the Detour Lake gold
deposit, which currently hosts an aggregate 23.3 million ounces of gold in
measured and indicated resources (43-101) and 5.8 million ounces in inferred
resources (43-101), including 15.6 million ounces of gold in near-surface
mineral reserves (Source: Detour Gold Corporation press release dated January
25, 2012).


The option agreement with Osisko for the Casault project, currently in its first
year, states that Osisko shall spend a total of $6,000,000 in exploration
expenditures over five years and make payments totalling $600,000 to earn 50 %
interest in the project.


Patris Project - Optioned to Aurizon Mines Limited ("Aurizon") 

During the latest drilling program comprising sixteen (16) drill holes for a
total of 3,007 metres, a new gold-bearing structure was intersected at shallow
depth on the Patris property. Drill hole PAT-11-15 encountered a silicified and
weakly sheared felsic intrusion in contact with a major fault zone, which
yielded an interval grading 0.48 g/t Au over 17.0 metres from 87.0 to 104.0
metres, including a zone at 0.94 g/t Au over 4.0 metres from 100.0 to 104.0
metres. A second gold-bearing zone was also intersected, grading 0.86 g/t Au
over 3.0 metres from 177.0 to 180.0 metres. Stripping and channel sampling on
the KE-3 showing yielded assay results of 4.73 g/t Au over 0.4 metre. In
addition, ground-based geophysical work, namely magnetic and induced
polarization surveys, identified new targets in the southeast part of the
property. 


The next exploration program will consist of an additional 2,000 metres of
drilling to test the extensions of new gold-bearing structures and investigate
new induced polarization anomalies.


The option agreement with Aurizon for the Patris project, currently in its
second year, states that Aurizon shall spend a total of $3,000,000 in
exploration expenditures over four years and make payments totalling $230,000 to
earn 50 % interest in the project.


Laflamme Project - JV with North American Palladium Limited ("North American
Palladium") 


Ground-based geophysical surveys were carried out in the winter of 2012 in the
immediate vicinity of new gold and Ni-Cu-PGE discoveries made in 2011 and to
date, a total of eight (8) drill holes totalling 2,072 metres have been
completed.


In 2011, drill hole LA-11-08 intersected an interval grading 0.66 % Ni, 0.35 %
Cu, 0.17 g/t Pt, 0.16 g/t Pd, 0.11 g/t Au and 1.4 g/t Ag over 8.0 metres,
including a higher-grade zone at 1.55 % Ni, 0.53 % Cu, 0.26 g/t Pt, 0.28 g/t Pd,
0.13 g/t Au and 1.9 g/t Ag over 1.6 metre (see Midland press release dated June
15, 2011). In 2012, two (2) additional holes were drilled to test an off-hole
conductor detected below hole -08. LA-12-13 intersected a mineralized zone
grading 0.19 % Ni, 0.18 % Cu, 0.12 g/t Pt and 0.15 g/t Pd over 5.2 metres from
197.7 to 202.9 metres. Another drill hole, LA-12-15, yielded assay results of
0.27 % Ni, 0.33 % Cu, 0.18 g/t Pt and 0.20 g/t Pd over 3.55 metres, from 171.65
to 175.20 metres. Another, deeper off-hole anomaly was detected during a
downhole PEM survey, at 380 metres depth, along the extension of the original
discovery hole, LA-11-08. This new Ni-Cu-PGE zone remains open in all directions
and will be tested by further drilling.


A VTEM survey was also undertaken in the northeast part of the property and
identified several new high-priority Ni-Cu-PGE targets that were subsequently
followed-up by ground geophysics and will be followed-up by drilling in the next
following weeks. 


Three (3) holes were drilled to test induced polarization anomalies and another
hole was drilled about 100 metres northeast of LA-11-11, which encountered 9.7
g/t Au over 1.0 metre. Drill hole LA-12-16 obtained a grade of 0.26 g/t Au over
1.0 metre, from 178.7 to 179.7 metres, whereas another interval grading 0.33 g/t
Au over 1.0 metre was intersected from 111.0 to 112.0 metres in drill hole
LA-12-17. Drill hole LA-12-19 was collared to the northeast of LA-11-11 and
intersected volcanic rocks with strong epidote alteration that graded 0.14 g/t
Au over 7.80 metres from 295.5 to 303.3 metres. This new gold-bearing zone
remains open in all directions and will be tested by further drilling. In
addition, Maudore Minerals Ltd recently announced a new high-grade gold
discovery located less than one kilometre from the Laflamme property. An
interval grading 71.7 g/t Au over 1.2 metres, included in a wider zone grading
26.3 g/t Au over 3.3 metres was reported by Maudore. The Laflamme property hosts
several untested VTEM conductors located on strike with this new discovery (see
Maudore Minerals press release dated June 6, 2012).


The Laflamme property is currently a 50/50 joint venture between North American
Palladium and Midland. 


James Bay Eleonore Project - 100% Midland

The James Bay Eleonore project encompasses the Eleonore West and Eleonore Centre
properties, located about 30 km west and southwest of Goldcorp's Eleonore gold
deposit, in a similar geological setting. The world-class Eleonore deposit hosts
3.15 million ounces of gold in measured and indicated resources at an average
grade of 11.92 g/t Au, in addition to 6.25 million ounces of gold in inferred
resources at an average grade of 12.93 g/t Au (Source: Goldcorp press release
dated February 17, 2010). Prospecting and geophysical work on the Eleonore
Centre property confirmed a favourable geological sequence, uncovered several
gold showings grading up to 13.6 g/t Au, and identified several untested
geophysical targets. A recent soil geochemistry survey in which 272 samples were
collected across the Eleonore Centre property delineated a series of As-Cu-Sb
anomalies clustered along a north-south-trending axis in the west part of the
property. Following these positive results, 28 new claims were recently acquired
by Midland by map staking. The new claims were added to the Eleonore West
property and cover a favourable geological sequence for gold mineralization, as
observed in the vicinity.


The prospecting campaign conducted on our Guyer project resulted in grades up to
37.1 % Fe in a magnetite-chert iron formation. Midland intends to pursue
exploration efforts on these properties during the summer, to discover new gold
showings and bring them to the drilling stage.


Rare Earth Project (Quebec-Labrador)

Projet Ytterby - JV with Japan Oil, Gas and Metals National Corporation ("JOGMEC")

In 2011, our drill program was targeting several Rare Earth Elements ("REE")
showings identified last year on the Ytterby 2 and Ytterby 3 properties located
respectively 65 km and 100 km south of the Strange Lake - B-Zone REE project
area. A 1404 meters drill program was preceded by geological mapping and channel
sampling on both properties in order to help orienting our drill program. 


On Ytterby 3 property, it is on the CP and CP North ("CPN") showings that the
best channel samples were returned respectively with 1.33 % total rare earths
oxides plus yttrium oxide ("TREO + Y2O") over 2.7 metres including 2.35 % TREO +
Y2O3 over 0.48 metre; and 0.81 % TREO + Y2O3 over 3.0 metres including 1.36 %
TREO + Y2O3 over 1.5 metre. The CP and CPN Showings were drill tested by a 152.4
and 100.0 metres holes respectively. Assay results from the CP Showing, drill
hole Y3-11-03, returned 0.17 % TREO + Y2O3 over 43.9 metres from 108.5 to 152.4
ending in the mineralization with 0.28 % TREO + Y2O3 over 13.8 meters. Drill
Y3-11-04 aiming the CPN showing returned 0.12 % TREO + Y2O3 over 7.5m from 25.0
to 32.5 metres, 0.13 % TREO + Y2O3 over 12.0 m from 38.0 to 50.0 metres and 0.15
% TREO + Y2O3 over 7.5 m from 64.0 to 71.5m. 


On Ytterby 2 property, eighteen channels, covering a 30 meters by 75 metres
area, were cut through the Falls Showing located in the west central portion of
the Ytterby 2 syenogranite. Hundred twenty seven (127) channel samples collected
returned in average 0.13 % TREO + Y2O3 and 68 part per million ("ppm")
dysprosium oxide ("Dy2O3") among which 59% account for heavy rare earth oxides
plus yttrium ("HREO + Y2O3"). The best channels returned 0.41 % TREO+Y2O3 with
236 ppm Dy2O3 over 3.0 metres among which 56 % account for HREO + Y2O3. The
Falls showing was drill tested by a 182.9 metres hole and returned no
significant TREO + Y2O3 values. However heavy rare earth oxides ("HREO") ratios
over TREO distribution analysis indicated that the lower portion of the hole is
significantly anomalous in HREO reaching locally up to 67 % HREO. 


Moreover, following up various airborne radiometric anomalies, three new
mineralized alkaline intrusions were discovered in the vicinity of Ytterby 3
property during our 2011 exploration campaign. There are the Plug, Ytterby 5 and
the Ninety showings, the first two returning composites of 0.42 % TREO + Y2O3
over 10.3 metres and 0.46 % TREO + Y2O3 over 18.0 metres respectively, whereas
the Ninety showing returned 0.45 % TREO + Y2O3 with an impressive 93 % HREO +
Y2O3. Midland and JOGMEC are very encouraged by these first trenching, diamond
drill and prospecting results from our Ytterby properties. Based on the
encouraging 2011 results, JOGMEC has indicated its intention to continue
exploration in 2012 with Midland and an initial budget of $1,500,000 has been
approved. This new program will include diamond drillings, stripping and channel
sampling and pedogeochemical sampling over the best prospects identified in
2011. This new field program has been initiated at the beginning of July.


Quality Control 

The exploration program on the Maritime-Cadillac project is conducted by
Agnico-Eagle. Assay samples are taken from BQ-size drill core sawn in half; one
half is shipped to a commercial laboratory and the other half is kept for future
reference. Assays were conducted by ALS Chemex-Chimitec in Val-d'Or. Quality
control samples, standards and blanks, were inserted in the sample stream for
mineralized zones. The exploration program on the Laflamme project is conducted
by North American Palladium. Assay samples are taken from NQ-size drill core
sawn in half; one half is shipped to a commercial laboratory and the other half
is kept for future reference. Assays were conducted by AGAT in Sudbury, and
included blanks and standards inserted in the sample stream as a quality control
procedure. The data are reviewed by Mario Masson, VP Midland Exploration and
Qualified Person as defined by National Instrument 43-101. Drill intersections
are reported as core lengths and their true thickness remains to be determined.


The Ytterby exploration program is supervised by Mr. Robert Banville, senior
geologist for Midland and Qualified Person as defined under National Instrument
43-101. Previously reported analyses were performed by Activation Laboratories
Ltd. of Ancaster, Ontario, which has a strict internal QA/QC program which
includes mineralized standards, blanks and duplicate samples.


About Midland 

Midland targets the excellent mineral potential and the favourable investment
climate of Quebec to make the discovery of new world-class deposits of gold,
base metals and rare earth elements. Midland is proud to count on reputable
partners such as Osisko Mining Corporation, Agnico-Eagle Mines Limited, Aurizon
Mines Limited, North American Palladium Limited, Japan Oil, Gas and Metals
National Corporation and SOQUEM Inc. Midland prefers to work in partnership and
intends to quickly conclude additional agreements in regard to newly acquired
properties. Midland is currently evaluating new opportunities and other projects
in order to increase the portfolio of the Company. 


This press release was prepared by Mario Masson, VP exploration for Midland and
Qualified Person as defined by NI 43-101. For further information, please
consult Midland's new website or contact:


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.

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