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Midland begins 1st exploration campaign on the Komo Gold Project in NW Quebec

Sep 7, 2020

Midland Exploration has announced its phase 1 exploration program on the Komo gold project, wholly owned by Midland. The Komo project consists of 393 claims and is located in Eeyou Istchee James Bay, Quebec. The summer 2020 program consists of a helicopter-supported prospecting campaign scheduled in late August over a period of one week. Rock and soil samples will be collected over targets generated following a geological compilation conducted by Midland in the past few months.

Geological compilation

The Komo project is located near the recent Patwon gold discovery made on the Elmer project by Azimut Exploration Inc. (“Azimut”), who reported drill intercepts grading up to 3.15 g/t Au over 102 metres. Historically, this area has been the focus of numerous geological work programs. This work, available on the Quebec government’s SIGEOM website, was the object of a detailed compilation in order to define the best potential targets on the project.

Cautionary Statement:

Mineralization occurring at the Elmer project owned by Azimut is not necessarily indicative of mineralization that may be found on the Komo project held by Midland.

Komo straddles a major geological contact between the Nemiscau and La Grande subprovinces. This contact hosts most of the known gold deposits in the James Bay region, namely the Eleonore mine (Newmont) as well as the La Pointe and Cheechoo deposits. The contact can be traced across the entire south block of the Komo project, over a distance of approximately 30 kilometres.

South of the contact, the Nemiscau Subprovince is represented by the Auclair Formation, composed of metasediments similar to those found at the Eleonore mine.

Gold-bearing veins are also reported near the contact between the Kasapawatish Batholith and intermediate pyroclastic rocks of the Wabamisk Formation.

New targets

During the geological compilation, more than 16 new discrete targets were generated on the project. These targets are mainly based on historical geophysical EM surveys, compilations of available statutory work reports, soil, rock and sediment sample data from the MERN (SIGEOM) and related geological settings.

The potential of the Auclair Formation will also be targeted by prospecting. Electromagnetic anomalies and a vanadium anomaly in bedrock are present in this unit and are considered priority targets on the project. Mineral occurrences consisting of quartz-feldspar-arsenopyrite veins are also targeted. The Wabamisk Formation hosts historical Au-As anomalies (SIGEOM database) in soils in the east part of the project. A follow-up of these anomalies is planned.

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