MIDLAND ACQUIRES A 23-CLAIM BLOCK AND CONSOLIDATES ITS STRATEGIC POSITION SOUTH OF WALLBRIDGE’S FENELON PROJECT

MONTREAL, April 02, 2020 (GLOBE NEWSWIRE) -- Midland Exploration Inc. (“Midland”) (TSX-V: MD) is pleased to announce the recent acquisition of a block of twenty-three (23) claims located approximately five (5) kilometres south of the Fenelon/Tabasco deposit and the recent Area 51 discovery, both held by Wallbridge Mining Company (“Wallbridge”).

Midland consolidates its strategic position in the Detour belt

These twenty-three (23) new claims, recently acquired and wholly owned by Midland, consolidate the Gaudet property initially acquired in November 2019 (see press release by Midland dated November 27, 2019). The Gaudet property now consists of a total of 94 claims (53 km²) and covers, over a distance of more than 10 kilometres, a volcano-sedimentary sequence located between the Sunday Lake and Lower Detour faults. Last December, Wallbridge reported drill intercepts on its Fenelon property (Tabasco Zone) grading up to 22.73 g/t Au over 48.01 metres (see press release by Wallbridge dated December 3, 2019). Wallbridge’s Fenelon property is located about 5 kilometres north of the Midland’s Gaudet property.

Note: Mineralization hosted on Wallbridge nearby property is not necessarily indicative of mineralization hosted on the Company’s property.

Since 2009, Midland has been one of the most aggressive mineral exploration companies to take a strategic position in the Detour belt and has built an impressive portfolio of seven (7) high-quality gold  properties now totalling 1,491 claims (820 km²). These land positions provide the Company with a commanding position on the major Sunday Lake and Lower Detour faults and/or their subsidiaries, over a total combined distance of more than 85 kilometres, along the lateral extensions of the Detour Lake mine* and recent gold discoveries in Zone 58N*, Area 51-Fenelon* and Martiniere-Bug Lake* (*please refer to note at the end of this press release). 

* Mines and deposits located near Midland projects in the Detour belt

Detour Lake mine (Owned by Kirkland Lake Gold. – Information from Kirkland Lake Gold Website): The Detour Lake open pit mine hosts 12.64 million ounces of gold (“oz Au”) in proven and probable mineral reserves, consisting in 397.7 million tonnes grading 0.99 g/t Au (as at December 31, 2019).

Zone 58N (Owned by Kirkland Lake Gold – Information from Kirkland Lake Gold Website): This deposit hosts 2.87 million tonnes in indicated resources at a grade of 5.8 g/t Au (534 300 oz Au) and 0.97 million tonnes in inferred resources at a grade of 4.35 g/t Au (136 100 oz Au).