Midland Exploration identified copper-gold-molybdenum-silver occurrences in Quebec area

From GlobeNewswire: 2024-10-30 07:30:00

Midland Exploration Inc. reports copper-gold-molybdenum-silver occurrences on the Saruman project, located 75 km north of the Troilus Gold Corp. project. Strong copper anomalies, including 7 above the 99.5th percentile and 8 above the 97th percentile, were identified in a high-density lake-bottom sediment survey. Outcrop samples showed Cu-Au-Mo-Ag occurrences.

Midland teams identified anomalous Cu-Au-Mo-Ag values on outcrop in a 5×3 km area, with mineralization observed in tonalites. An additional 71 claims were recently acquired to increase Midland’s land position to 121 claims in the area. The geological context remains poorly defined, leading to plans for additional prospecting and mapping in 2025.

Copper anomalies in lake-bottom sediments in the project area were identified through statistical processing by the MRNF. Exploration programs follow industry best practices, including standards and blanks for every 20 samples. Grab samples are selective, and the presence of copper-gold mineralization does not guarantee similar results on other projects held by Midland.

Midland aims to discover new gold and critical metal deposits in Quebec through partnerships with reputable companies. The Saruman project is located in a relatively unexplored area with significant mineral potential. Additional agreements are being pursued to expand the company’s portfolio and create shareholder value. Qualified Person Jean-François Larivière verified the data for the project.



Read more at GlobeNewswire: Midland Identifies Copper-Gold-Molybdenum-Silver