Posted in | Copper | Nickel | Platinum

Initial Diamond Drilling Program Commences on Samson Ni-Cu-PGE Project

Midland Exploration Inc., in partnership with Sphinx Resources Ltd, is pleased to announce the start of the initial diamond drilling program on the Samson Project which is focused on the discovery of nickel-copper-platinum group element and gold mineralization.

In addition to this drilling program on Samson, Midland has also three other drilling programs currently underway on Casault and Jouvex with SOQUEM Inc. (3 drill rigs) and on Patris with Teck Resources Ltd (1 drill rig).

The Samson project consists of 512 claims covering an area of about 284 square kilometres located approximately 50 kilometres west of the town of Matagami, in the Abitibi region of central Quebec. This new project has a strong potential for Ni-Cu-PGE and gold mineralization and is located about 5 kilometres south of the recent Ni-Cu-PGE and gold discoveries made by Balmoral Resources Ltd. ("Balmoral") on the Grasset project. Recently, Balmoral announced the discovery of a high-grade Ni-Cu-PGE zone, with values up to 1.79% Ni, 0.19% Cu, 0.42 g/t Pt, and 1.04 g/t Pd over 45.28 metres including an interval grading 10.6% Ni, 0.45% Cu, 2.04 g/t Pt, and 5.23 g/t Pd over 1.10 metre and 1.62% Ni, 0.18% Cu, 0.36 g/t Pt and 0.88 g/t Pd over 54.08 metres (see press releases by Balmoral dated May 20, 2014 and August 18, 2014). The discovery is hosted in ultramafic rocks. Midland's Qualified Person has not verified the information on the Grasset project and the information is not necessarily indicative of the mineralization on the Samson project.

During the month of December 2014, ground-based electromagnetic TDEM-ARMIT surveys were completed on six grids totalling approximately 60 line kilometres. The surveys verified the presence of several historic and coincident magnetic and EM responses identified during a MegaTEM airborne electromagnetic survey completed by Noranda Inc. in 2004.

Following the interpretation of the ground TDEM-ARMIT surveys, several conductors located along the margins of strong magnetic signatures caused by ultramafic intrusions were selected for follow-up drill-testing. The drilling program has just commenced and will consist in a minimum of six (6) drill holes totalling 1,500 metres.

This project covers an untested sequence of strongly magnetic intrusions over a strike length in excess of 20 km. The intrusions are located just south of the regional Lower Detour Fault, also known for its gold potential. Lithogeochemical data from the few historical drill holes indicate the presence of ultramafic intrusions, thus confirming the potential for magmatic Ni-Cu-PGE mineralization on the Samson project.

Maps showing the location of the Samson project can be consulted using the following link: http://media3.marketwire.com/docs/Samson_Sphinx_Fev_2015.pdf

Source: http://www.midlandexploration.com/

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