Midland Exploration Inc.
TSX VENTURE : MD

Midland Exploration Inc.

June 05, 2007 07:30 ET

Midland Exploration Inc. Opportunistic Gold Properties Acquisition in The James Bay Area

MONTREAL, QUEBEC--(Marketwire - June 5, 2007) - Midland Exploration Inc. ("Midland") (TSX VENTURE:MD) is pleased to announce the acquisition of 846 claims in the James Bay Area, an area that has the potential to become soon a significant new gold producer in Quebec after the Abitibi Belt. These new claims totalling 481 km2 are solely own by Midland Exploration Inc.

The gold target selection was made following a comprehensive geological and geochemical compilation. The properties selection, named MD-1 to MD-6, were oriented towards similar geological and geochemical features observed in the vicinity of the Eleonore Virginia major gold discovery made in 2004-05. They are located close to the contact between the volcanogenic-plutonic units of the La Grande Sub-province and the meta-sedimentary units of the Opinaca Sub-province. This contact is recognized to be a favourable criterion for gold mineralization in the northeast Superior Province. The Eleonore gold deposit, recently acquired by Goldcorp, is located as well along this favourable contact.

The Midland properties are associated with first order, isolated or combined, gold, arsenic and antimony lake-bottom sediment anomalies. Historically, followed up by prospecting these types of geochemical anomalies lead to the discovery of several new attractive gold showings in the James Bay Area.

Midland is also pleased to report that Agnico-Eagle has completed its 2007 second phase of drilling on the Maritime-Cadillac property. The full results of this campaign will be released shortly. Agnico-Eagle signed an option agreement on June 1, 2006, to acquire a 50% interest in the Maritime-Cadillac property by investing $1M in exploration and by making payments totalling $100,000 over a period of 3 years.

About Midland Exploration

Midland's strategy to discover new gold and base metal deposits is based on Quebec's excellent mineral potential and favourable investment climate. Midland further intends to be pro-active in 2007 in the acquisition of new mineral exploration properties in Quebec. The Company recently acquired 100% interest in the Weedon property and controls more than 30 kilometres of favourable VMS stratigraphy in the volcano-sedimentary belt of Ascot-Weedon. Management is currently considering other opportunities and other projects in order to expand the Company's portfolio.

Gino Roger, P.Eng., is the qualified person who has reviewed the content of this news release.

This press release may contain forward-looking statements that are subject to known and unknown risks and uncertainties that could cause actual results to vary materially from targeted results. Such risks and uncertainties include those described in Midland's periodic reports including the annual report or in the filings made by Midland from time to time with securities regulatory authorities. Midland undertakes no obligation to publicly release the result of any revision of these forward-looking statements to reflect events or circumstances after the date they are made or to reflect the occurrence of unanticipated events.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

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