Midlands Minerals Corporation

Midlands Minerals Corporation

October 25, 2006 08:30 ET

Midlands Minerals Corporation: Diamond Core Drilling Right on Schedule on the Itilima Project-Tanzania

TORONTO, ONTARIO--(CCNMatthews - Oct. 25, 2006) - Kim Harris, Chief Executive Officer, Midlands Minerals Corporation ("Midlands" or the "Company")(TSX VENTURE:MEX) is pleased to announce that diamond core drilling on the Itilima project starts on October 26, 2006 as planned. The equipment and the drillers are at the site and "we are ready to go", said Kim Harris.

The Itilima Project is located on the Geita-Bulyanhulu-Sekenke trend in the Lake Victoria Goldfields, an area with world -class gold deposits and over 40 million ounces of known gold reserves. Gold mines in the area include Barrick Gold's Bulyanhulu with 13 million oz of gold, AngloGold Ashanti's Geita Mine with 14 million oz and Resolute Mining's Golden Pride with 2.2 million oz.

Please click below to view trend


The drilling program is focused on gold, and entails, initially, 10 holes and 1500 metres of NQ Diamond Core Drilling to a depth of 150 metres per hole. Stanley Mining Services (T) Ltd., with offices in Mwanza Tanzania, is under contract with Midlands to provide drilling services. Under the terms of the contract, Stanley will provide drilling personnel, equipment and consumables to complete the drilling program.

"We are very pleased the drilling program is right on schedule. We expect initial assay results from the first few holes to be available by early December, 2006", said Marc Boisvert, P. Eng., Midlands' Vice President Exploration.

In July and August 2006, a detailed follow-up MMI survey with 100 metre line spacing and sample stations at 20 metre intervals was conducted. The survey provided a detailed outline of the south and north extensions of the Itilima zone. The zone was traced by MMI soil anomalies over a 600 metre strike length from existing artisanal mining activities, in both directions. This gives the Itilima zone a total strike length of 1.5 kilometres to be drill tested in the current drilling program.

Please click below for drill targets


Two other anomalies located 1 kilometre West and 3 kilometres East form the Itilima zone will also be part of the drilling program. The detailed anomalies are results of the recent in-fill MMI survey over the delineated large clusters of anomalous gold zones as reported in the Press Release of August 8, 2006.

The Itilima project, located in Archean geology, is also in a kimberlite field. Previous RC drilling done by the Company in 2004 confirmed the presence of 2 diamondiferous kimberlites. An airborne magnetic and radiometric survey done in 2003 by Fugro Airborne Services identified a total of 82 kimberlite targets on the Itilima. Of these, 9 were deemed to be priority targets, and 2 were drilled in 2004. The Itilima is located approximately 20 kilometres south of the Williamson-Mwadui open pit diamond mine which has produced over 20 million carats since the late 1940s. The Williamson mine is operated by De Beers.

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

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 this news release and has neither approved nor disapproved the contents of this news release.

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