Midland Exploration Inc. is pleased to announce the resumption of diamond drilling on the Casault gold project in partnership with SOQUEM Inc., with a drilling program totalling a minimum of 4,300 metres in 15 holes using two drill rigs.
The Casault property covers the Sunday Lake Fault over more than 20 kilometres strike length and is located about 40 kilometres east of the Detour Lake mine, where near-surface proven and probable mineral reserves (NI 43-101) currently stand at 15.0 million ounces of gold (Source: Detour Gold Corporation website).
This new drilling program on Casault will test several favourable areas identified during the 2015 winter program. These areas include the new gold-bearing felsic porphyry ("QFP") intrusion identified in drill hole CAS-15-44, whose southern contact with magnetic gabbros remains entirely unexplored. This drill hole intersected a series of silica, sericite, and hematite alteration zones with anomalous gold values (> 100 ppb Au) occurring discontinuously over more than 100 metres and locally grading up to 0.47 g/t Au over 1.0 metre, from 146.0 to 147.0 metres. In the same area, another drill hole will test a structure trending north-south, parallel to the Bug Lake Fault, that was recently uncovered following a new geological and structural interpretation. This highly prospective area is located about 5.5 kilometres west of the Bug Lake zone held by Balmoral Resources Ltd ("Balmoral"), which also hosts felsic porphyry intrusions and where a drill intersection grading 19.55 g/t Au over 44.45 metres was recently reported (Source: press release by Balmoral dated April 20, 2015).
Also in this campaign, another drill hole will test a network of subhorizontal gold-bearing quartz-carbonate veins identified in the vicinity of drill hole CAS-12-07, which yielded a grade of 10.4 g/t Au over 1.45 metres during the 2012 campaign (see press release by Midland dated April 26 2012). The remaining drill holes planned during this campaign will mainly test the area where the Bug Lake Fault and the Sunday Lake Fault intersect, as well as several new induced polarization anomalies and electromagnetic conductors identified during the winter 2015 geophysical program. Diamond drilling will begin as soon as all permits for which applications have been filed are received.
Source: http://www.midlandexploration.com/