Midland Exploration Inc.
TSX VENTURE : MD

Midland Exploration Inc.

August 26, 2015 08:30 ET

Midland Identifies Several New High Grade Gold Showings on the Willbob Project in the Labrador Trough

MONTREAL, QUEBEC--(Marketwired - Aug. 26, 2015) - Midland Exploration Inc. ("Midland") (TSX VENTURE:MD) is pleased to provide results update from a reconnaissance sampling program on its Willbob project (owned 100% by Midland) with the discovery of several new significant gold showings that returned grades up to 77.6 grams per tonne gold (« g/t Au »).

These new gold occurrences are well located within a high grade gold corridor and along strike with several other showings which include Showing 31 (up to 31.0 g/t Au), Kuni (up to 19.8 g/t Au), Lafrance (up to 21.9 g/t Au), East Dupuis (up to 15.0 g/t Au) and Polar Bear (up to 6.4 g/t Au). Historical prospecting in the Kuni Showing area, has led to the discovery of several gold showings returning up to 19.8 and 9.8 g/t Au from selected grab samples. Midland's 2015 field program led to the discovery of 2 new showings with 1.25 and 77.6 g/t Au respectively located 500 metres and 850 metres south of the Kuni Showing. Closer and located between the two historical high grades samples, a new polymetallic showing was also identified with grab sample that returned 1.2 g/t Au, 132 g/t Ag, 8.5% Pb and 7.1% Zn. None of the new showings have been channel sampled or drilled tested before.

In a very short period of time, a total of 88 short channel samples were collected of the Willbob (Lafrance) Showing while respectively 10 and 47 selected grab samples were collected on the Lafrance and the Kuni Showing located 6 kilometres south. The 2015 field program included also a systematic rock sampling of the Willbob (Lafrance) mineralized system with the attempt to better map the quartz-iron carbonate alteration halo that wrap its gold system. While sampling the gold enrich zone using a 50 metres grid separation, three half a meter long channel samples returned 4.7, 3.5 and 3.0 g/t Au respectively, and while prospecting, 4 selected grab samples within that same zone returned 9.3, 2.7, 2.4 and 1.1 g/t Au. Historical channel sampling on the Lafrance showing has returned, among others, 3.0 g/t Au over 2.9 metres and another one, 40 metres along the same mineralized corridor, 2.9 g/t Au over 3.9 metres. All these showings remains open in all directions and were never drill tested.

So far in the area, a total of seventy two (72) grab samples returned more than 1.0 g/t Au and twenty three (23) more than 3 g/t Au along two parallel NNW-SSE sheared corridors that cross the Willbob Project. Thus far, like orogenic deposits, these showings features strong iron carbonates, fushchite (chromitic mica) and silicate alterations with arsenopyrite, chalcopyrite, pyrrhotite and pyrite disseminations observed over 10 to 100 metres width and traceable over more than 10 kilometres.

Based on these very interesting results, Midland has increased its land position by adding 175 new claims by map designation (Gestim). The Willbob Project will soon comprise 270 claims covering a surface area of 120 square kilometres and located some 70 kilometres west of Kuujjuaq, Québec. Midland maintains a lot of hope for this project and is planning this fall further exploration that will include geological mapping, channel sampling and further prospecting on the new claims.

Maps showing the location of the new Willbob gold showings may be consulted using the following link: http://file.marketwire.com/release/willbob826.pdf

Quality Control

All analysis are performed by ALS Minerals in Vancouver, B.C. while the samples were prepared in Val-d'Or, Québec. All samples has been analysed for platinum, palladium and gold by fire assay with an ICP final over a 30g fraction whereas copper and nickel analysed by ICP following a four-acids digestion. Certified standards and blanks were inserted regularly among the steam of samples for verification and QA/QC. The data is reviewed by Robert Banville, senior geologist for Midland and a qualified person as defined by National Instrument 43-101.

About Midland

Midland targets the excellent mineral potential of Quebec to make the discovery of new world-class deposits of gold, PGE, base metals and rare earth elements. Midland is proud to count on reputable partners such as Japan Oil, Gas and Metals National Corporation, Teck Resources Limited, Agnico Eagle Mines Limited, SOQUEM Inc and Sphinx Resources. 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.

This press release was prepared by Robert Banville, senior geologist for Midland and Qualified Person as defined by NI 43-101.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this 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.

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