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     119  0 Kommentare MIDLAND PROVIDES AN UPDATE ON ITS CORPORATE ACTIVITIES AND ITS EXPLORATION WORK IN QUEBEC

    MONTREAL, March 24, 2020 (GLOBE NEWSWIRE) -- Midland Exploration Inc. (« Midland ») (TSX-V : MD) reports on its corporate situation and its exploration activities in Quebec. In the current context of the COVID-19 crisis, Midland’s management has decided to suspend and postpone several of its field works which were to start in March and April for health and safety reasons for its employees and contractors.

    During this period, Midland will retain its excellent exploration team, which will be mainly assigned to compilation, 3D modeling and targeting tasks in order to generate the best possible exploration targets. Following government directives, the Company also implemented preventive teleworking measures for all its employees. With its excellent financial position with more than $13 million in the treasury, the measures currently being taken by Midland will enable it to be very well positioned for an aggressive resumption of field works when the overall situation improves.

    Midland is also using this opportunity to provide an update on its main flagship projects in Quebec, which are located mainly in the Abitibi, James Bay and Labrador Through regions.

    Casault Project (Vortex Zone) and Detour Lake Belt - Abitibi

    The Casault project, 100% owned by Midland, is located along the Sunday Lake Fault approximately 40 kilometres east of the Detour Lake Mine and less than 10 kilometres west of the Fenelon/Tabasco/ Area 51 project owned by Wallbridge Mining Company (“Wallbridge”). Midland has postponed, until next summer, a 1,500 metres drill program targeting the Vortex Gold Zone discovered in the fall of 2017.

    Since 2009, Midland has been one of the most aggressive mineral exploration companies to be strategically positioned on the Detour Lake Belt, thus bringing together an impressive portfolio of seven (7) high-quality gold properties which today represent 1,458 claims (810 km2). These positions now allow the Company to control the major structures of Sunday Lake and Lower Detour, or their subsidiary faults, over a combined distance of more than 85 kilometres in the lateral extension of the Detour Lake Mine* and recent gold discoveries in the Zone 58 N*, Area 51-Fenelon* and Martiniere-Bug Lake* (*please refer to the note at the end of this press release).

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    MIDLAND PROVIDES AN UPDATE ON ITS CORPORATE ACTIVITIES AND ITS EXPLORATION WORK IN QUEBEC MONTREAL, March 24, 2020 (GLOBE NEWSWIRE) - Midland Exploration Inc. (« Midland ») (TSX-V : MD) reports on its corporate situation and its exploration activities in Quebec. In the current context of the COVID-19 crisis, Midland’s management has …