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Midland Identifies Two New Gold Structures on Laflamme and Resumes Drilling; Shares Up 11%

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Midland Exploration Inc. (MD.V) has resumed drilling on its Laflamme property, located about 25 kilometres northwest of the town of Lebel-sur-Quevillon, Quebec.

Drill hole LAF-13-21, testing a VTEM-type conductor, intersected a new gold-bearing structure in sheared mafic volcanic rocks with pyrite-pyrrhotite mineralization, which graded 0.34 g/t Au over 25.56 metres from 144.0 to 169.56 metres, including 3.12 g/t Au over 1.50 metres from 145.50 to 147.00 metres, and 1.95 g/t Au over 1.25 metres from 167.85 to 169.10 metres.

Drill hole LAF-13-24 encountered an interval grading 0.40 g/t Au over 5.70 metres from 59.10 to 64.80 metres, including 1.72 g/t Au over 1.00 metre from 59.10 to 60.10 metres, at a vertical depth of 50 metres, whereas drill hole LAF-13-23 returned a gold value of 0.34 g/t Au over 3.10 metres from 191.90 to 195.00 metres, about 100 metres below hole 24.

Shares are up 13 cents (11.11%) to $1.30.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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