Midlands Minerals Corporation

Midlands Minerals Corporation

August 16, 2006 09:00 ET

Midlands Minerals Corporation Announces Completion of In-Fill Survey on the Gold Anomaly Discovery on Itilima, Tanzania

TORONTO, CANADA--(CCNMatthews - Aug. 16, 2006) - Kim Harris, Chief Executive Officer, Midlands Minerals Corporation ("Midlands" or the "Company")(TSX VENTURE:MEX) is pleased to announce completion of an in-fill MMI survey on a geological gold anomalous zone on PL 2043 on the eastern part of the Itilima project in Tanzania.

As reported in the press release of March 2nd, 2006, Midlands discovered a geochemical gold anomalous area located 5 kilometres east of the Itilima artisanal site. An in- fill MMI survey was subsequently conducted on PL 2043. "By confirming and having more detailed information on this new area, we will increase our number of drill targets", said Marc Boisvert, P.Eng, Vice President Exploration.

"We are encouraged by the fact this area was never explored in the past and the anomaly is covering favourable rocks as a felsic quartz eyes dyke, and is located at the contact of a basalt unit and metasediments-felsic pyroclastic volcanic units. This geological environment is considered favourable for gold deposits in the Lake Victoria Goldfield", said Marc Boisvert.

The program, which was supervised by Marc Boisvert, consisted of "Mobil Metal Ion" (MMI) geochemical soil sampling over a 9 km2 area of PL 2043 focusing on in-fill of anomalous reconnaissance results. The in- fill sampling was done on a grid 200 metres by 80 metres and was conducted between a previous 400 metre spaced line survey.

A total of 267 samples were collected and samples were sent to SGS Laboratories in Mwanza on July 28, 2006 and will be shipped to SGS Laboratories in Canada where the samples will be analyzed for gold plus four pathfinder elements (Co, Ni, Pd, Ag). Analysis will be by the "Mobile Metal Ions" (MMI-B5) procedure.

PL 2043 is located the east part of the 64 km2 Itilima Project near Shinyanga in Lake Victoria Goldfields in Tanzania. The current PL 2043 in-fill survey was conducted in parallel with the detail MMI survey on the contiguous PL 1406, which has just been completed over the Itilima zone where there is artisanal mining. (Press Releases of July 24, 2006 and August 8, 2006)

Lake Victoria Goldfields is the largest gold producing area in Tanzania with more than 40 million oz of gold in known reserves. Major gold mines in the area include Barrick Gold's Bulyanhulu with over 16 million oz, Barrick's Mara Mine with 4.6 million oz, and AngloGold Ashanti's Geita Mine with over 14 million oz of gold. Resolute Mining Company's Golden Pride Mine with 2.2 million oz of gold, is to the south of Midlands' Itilima Project.

To view the MMI Survey please click the following link: www.midlandsminerals.com/press_releases/images/MMI_survey_itilima_06.pdf

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. 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-V has in no way passed upon the merits of the proposed programs and has neither approved nor disapproved the contents of this press release.

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