Midland Acquires the Soissons Nickel-Copper-Cobalt Project in Northern Quebec

MONTREAL, QUEBEC--(Marketwired - March 28, 2018) - Midland Exploration Inc. ("Midland") (TSX VENTURE:MD) is pleased to announce the acquisition by map staking of a new, 100% owned, nickel-copper-cobalt project in the Churchill geological province, Quebec. This new project consists of a total of 175 claims covering about 82 square kilometers and is located approximately 150 kilometers southeast of the town of Kuujjuaq, Quebec.

The new project, called Soissons, covers a series of Ni-Cu-Co showings associated with two distinct troctolite to olivine-bearing gabbronorite intrusions (Soissons intrusive suite). Work done in 2000 and 2001 by previous explorers revealed the following Ni-Cu-Co grades in grab samples: 1.22% Ni, 0.5% Cu, 0.06% Co; 1.03% Ni, 0.47% Cu, 0.05% Co (Papavoine showing); 0.63% Ni, 0.15% Cu, 0.04% Co (A14-1W showing); 0.67% Ni, 0.43% Cu, 0.05% Co (A14-1E showing); 0.30% Ni, 0.29% Cu, 0.03% Co (A17-1 showing) (note that grab samples are selective by nature and may not be representative of mineralized zones). A limited drilling campaign in 2001 (9 drill holes) also revealed the following intersections: 1.07% Ni, 0.23% Cu, 0.09% Co / 0.75m; 0.55% Ni, 0.43% Cu, 0.03% Co / 1.7m (Papavoine); 0.57% Ni, 0.29% Cu, 0.03% Co / 1.0m (Papavoine West) (note that the true thicknesses of the mineralized intervals are still undetermined). Drilling also returned several significant intervals of disseminated sulfides with Ni values between 0.1% and 0.2% over tens of meters. Re-examination of historical borehole geophysical surveys indicates that several very promising off-hole electromagnetic anomalies remain untested in the extensions of these mineralized intervals.

Recent work by the Geological Survey of Canada has unexpectedly revealed that the troctolite/gabbronorite intrusions at Soissons are dated at 1311±1.1 Ma, an age that is close to the age of the Voisey's Bay troctolite (1332.7±1 Ma), host to the world-class Ni-Cu-Co Voisey's Bay deposit. This indicates that the Soissons intrusions belongs to the same fertile Nain plutonic suite (1330 to 1290 Ma) as Voisey's Bay and are therefore post-tectonic and undeformed. This information was not available to previous explorers. The Voisey's Bay mine is located approximately 250 km east of the Soissons project.