Midland Provides Exploration Update for Its Detour Quebec Gold Project in Partnership With Probe Metals - Seite 2
2021 Exploration Program
Field work has already commenced on the 2021 exploration program, which includes more detailed surface geochemical sampling in the gold-anomalous areas that were identified as well as IP ground
geophysical surveys to generate drill targets associated with the gold anomalies. To date, up to 12 drill targets have been identified on the Gaudet-Fenelon JV. Those targets have been selected for
the 2021 summer drill campaign. On La Peltrie, 4 drill targets have been identified for the 2022 winter drilling campaign. All of these targets show exceptionally high responses for gold in
surficial biogeochemical sampling and fall along either the lower Detour Deformation Zone, as identified in the airborne magnetic survey, or along south-trending structures in the Gaudet-Fenelon JV
area. An existing IP survey at Gaudet Fenelon, completed in 2020, has identified numerous drill targets, and is being expanded due to additional gold anomalies identified in the surficial sampling
program.
Cautionary statement:
Mineralization occurring at Detour Lake mine and Fenelon/Tabasco is not necessarily indicative of mineralization that may be found on La Peltrie and Gaudet/Fenelon JV held by Midland/Probe described in this press release.
About Probe
Probe Metals Inc. is a leading Canadian gold exploration company focused on the acquisition, exploration and development of highly prospective gold properties. The Company is committed to discovering and developing high-quality gold projects, including its key asset the Val-d’Or East Gold Project, Quebec. The Company is well-funded and controls a strategic land package of approximately 1,000-square-kilometres of exploration ground within some of the most prolific gold belts in Quebec. The Company was formed as a result of the sale of Probe Mines Limited to Goldcorp Inc. in March 2015. Newmont Corporation currently owns approximately 11.6% of the Company.
About Midland
Midland targets the excellent mineral potential of Quebec to make the discovery of new world-class deposits of gold, platinum group elements and base metals. Midland is proud to count on reputable partners such as Probe Metals Inc., Wallbridge Mining Company Ltd, BHP Canada Inc., Agnico Eagle Mines Limited, SOQUEM INC., Osisko Development Corp., Nunavik Mineral Exploration Fund, and Abcourt Mines Inc. Midland prefers to work in partnership and intends to quickly conclude additional agreements in regard to newly acquired properties. Management is currently reviewing other opportunities and projects to build up the Company portfolio and generate shareholder value.