Midlands Minerals Corporation
TSX VENTURE : MEX

Midlands Minerals Corporation

November 27, 2007 08:30 ET

Midlands Intersects 23 Meters Grading 2.5 g/t at Depth on Sian-Ghana

Hole # 17 intersects 2.5 g/t Au over 23 meters at 194 meters

TORONTO, ONTARIO--(Marketwire - Nov. 27, 2007) - Midlands Minerals Corporation (TSX VENTURE:MEX) ("Midlands" or the"Company") is pleased to report results from diamond drill holes MEDD 016 to 019 confirm gold grades at Esaase are continuous below the 120 meter depth. The lower limit boundary of the Esaase indicated resource (1.3 million tonnes at 2.3 g/t Au) is at a depth of 120 meters. All four holes intersected the Esaase gold mineral zone and alteration, confirming the zone is continuous between the 120 meter depth and the 280 meter depth. This gives the Company confidence that the mineralization is continuous to a much greater depth.

Following the Company's decision to increase the meters of drilling from 10,000 meters to 12,400 meters in September 2007, the depth extension of the Esaase indicated resource was drill tested by four additional diamond drill holes (MEDD 016 to MEDD 019). Drilling was over four sections at approximately 150 meter spacing.

Holes MEDD 016 to MEDD 019 are follow-up drilling of previous holes MEDD 001 to MEDD 003 drilled between April and June 2007. Holes MEDD 001 to MEDD 003 confirmed the down dip extension of the Esaase deposit. Holes MEDD 016 and 017 were testing the south part at depth and hole MEDD 018 and 019 were testing at depth, below MEDD 002 and MEDD 001 respectively.

"Holes MEDD 015, MEDD 016 and MEDD 017 revealed average grade values and interval widths greater than the Esaase indicated resource average values, suggesting a higher quality and gold content in the south part of the deposit" said Marc Boisvert, P.Eng, Vice President Exploration.

Please click here to view map link
www.midlandsminerals.com/press_releases/images/Esaase_Drill_Area_Holes_16_to_19.pdf

Sian produced gold between 2001 and 2004 with a mineral recovery of 91%. Sian is a fully permitted past open pit gold producer located 30 kilometres northeast of Newmont Mining's 8+ million ounce Akyem gold deposit. The Sian gold mineralization type is a silica-carbonate alteration with disseminated pyrite similar to that found at Newmont's Akyem gold deposit.

The following is a summary of intersections in holes 17 to 19:



MEDD 017 2.50 g/t Au over 23.0 meters from 194.0 m to 217.0 m
1.46 g/t Au over 10.0 meters from 222.0 m to 232.0 m

MEDD 018 0.78 g/t Au over 3.6 meters from 19.4 to 23.0 m
0.54 g/t Au over 30.0 meters from 126.5 m to 156.5 m
1.15 g/t Au over 5.2 meters from 264.3 m to 269.5 m
1.42 g/t Au over 13.5 meters from 297 m to 310.5 m
0.66 g/t Au over 8.5 meters from 326.0 m to 335.0 m
3.50 g/t Au over 2.5 meters from 341.5 m to 343.0 m
2.10 g/t Au over 6.7 meters from 347.3 m to 354.0 m

MEDD 019 1.47 g/t Au over 3.0 meters from 310.0 m to 313.0 m
1.53 g/t Au over 2.5 meters from 345.5 m to 348.0 m

Previously reported drill results below 120 meters depth

MEDD 016 2.96 g/t Au over 7.0 meters from 238.0 m to 245.0 m

MEDD 001 1.20 g/t Au over 8.0 meters from 130.0 m to 137.0 m
1.52 g/t Au over 6.0 meters from 148.0 m to 154.0 m
10.81 g/t Au over 7.0 meters from 174.0 m to 181.0 m

MEDD 002 1.99 g/t Au over 13.0 meters from 170.0 m to 183.0 m
0.64 g/t Au over 11.0 meters from 192.0 m to 203.0 m

MEDD 003 1.29 g/t Au over 6 meters from 244.0 m to 250.0 m


"With previous reported intervals on the Esaase deposit's lateral extensions ( reported on November 15th, 2007) and with these results at depth, there are indications the Esaase mineral zone outlined for future definition drilling is now almost a kilometre long by 300 meters deep and remains open to the south, north and at depth", said Marc Boisvert P.Eng.

Together with the contiguous Praso property, Midlands controls 160 square kilometres of a prime gold exploration district delineated by a 16 kilometre corridor with large soil gold anomalies providing excellent potential for the discovery of several gold deposits on the property.

Core samples are generally taken at 1 meter intervals with exceptions varying from 0.3 to 1.5 meters due to the particular rock type. Sampling is done utilizing a core saw to split the core in two parts, sending one half to the laboratory and keeping the other half as witness core. All core drill samples are described and sampled at the property field core shack facilities. All samples were sent to SGS Laboratory in Tarkwa, Ghana where they are assayed using standard 50 gram fire assay with atomic absorption finish. QA/QC programs are in place using blanks and external standard samples.

Intercepts shown above were calculated using a minimum of 0.5 g/t cut-off at the beginning and end of the intercept and allowing for no more than 3 consecutive samples (three meters) of less than 0.5 g/t Au. All holes were drilled at an angle of 90 degrees with the deposit trend. The dip of the holes was planned to intersect at a specific vertical depth. The dip of the deposit varies between 70 to 80 degrees. It is expected to have a true width between 60 to 70% of the reported intervals.

Midlands Minerals is one of 30 companies covered in the Haywood Securities Junior Exploration Index. The Haywood Junior Explorer Index ("HJEI") tracks the performance of the group of junior exploration companies relative to the market. The HJEI is a bi- monthly publication by Haywood Securities Inc. Midlands Minerals Corporation is also covered bye-Research and Objective Capital Limited (UK) and all research reports and updates are available on the Company's Web Site at www.midlandsminerals.com.

The scientific and technical information contained in this press release has been reviewed by Marc Boisvert, P.Eng., who is a Qualified Person within the meaning of National Instrument 43-101.

Certain statements contained in this news release constitute forward-looking statements. Such forward-looking statements involve a number of known and unknown risks, uncertainties and other factors, which may cause the actual results, performance or achievements of the company to be materially different from actual results and achievements expressed or implied by such
forward-looking statements.

Forward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations or intentions regarding the future. No assurance can be given that any of the events anticipated by the forward-looking statements will occur or, if they do occur, what benefits the Company will obtain from them. These forward-looking statements reflect management's current views and are based on certain expectations, estimates and assumptions which may prove to be incorrect.

The Company adds a cautionary statement to the effect that the potential quantity and grades referred to in this press release are conceptual in nature and there has been insufficient exploration to define a mineral resource. Further, the Company is uncertain if further exploration will result in discovery of a mineral resource. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date the statements were made. Readers are also advised to consider such forward looking statements while considering the risks inherent in the business of mineral exploration.

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

Contact Information