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Midlands Minerals Announces Possible Extension of Mineralised Structures on Sian Gold Deposit

Midlands Minerals Corporation (TSX VENTURE:MEX) has announced results from five consecutive diamond holes drilled after September 15, 2010 on the northern extensions of the Sian gold deposit have confirmed the down dip extension and indicate a possible strike length extension of 240 metres, bringing the Sian mineralised structure to 1.2 kilometres.

Four of the five holes, MEDD-10 30, 31, 32, and 33, which were designed to test the down dip extension, show an extension of the mineralised structure at depth within a consistent geological setting and style of mineralization. Hole MEDD-34A, which was drilled 170 metres to the northeast of the preceding hole MEDD-33, gave an intercept of 15 metres grading 1.15 g/t. Hole number 34A also connects to a preceding hole number MEDD-10-21, which gave 12 metres grading 1.60 g/t, indicating potential for continuity of the strike length.

  • 3 metres grading 1.66g/t in MEDD-10-30
  • 4 metres grading 2.47g/t in MEDD-10-31
  • 11 metres grading 1.94 g/t in MEDD-10-32
  • 1.5 metres grading 1.53 g/t in MEDD-10-33
  • 15 metres grading 1.15 g/t in MEDD-10-34A

"The holes were testing continuity of the Sian gold deposit into the northern extensions, and the assays confirm the extension to the northeast and at depth, with geological features consistent with previous intersections. These mineralised intercepts are consistent with interpreted and/or proven gold bearing structures, in the gold bearing zones along the Sian 16 kilometre soil gold anomaly corridor," said Wilson Baaku, BSc, Midlands's Exploration Manager in Ghana.

The recent interim resource estimate announced by the Company in a news release dated October 19, 2010, took into account assays received up until September 15, 2010. The results announced in this news release are from holes drilled after September 15, 2010, and have the potential to increase the Sian resource. These holes represent some of the few remaining components of the first part of the drilling program, which was focusing on targets in and around the Sian (Esaase) open pit.

Core samples are generally taken at 1-metre intervals, with exceptions varying from 0.3 to 1.5 metres due to the particular rock type. Sampling is done utilizing a core saw to split the core in two parts, one half to the laboratory and keeping the other half as reference core. All core drill samples are logged and sampled at the property field core shack facilities by a competent team of geologists. All samples were sent to SGS Laboratory in Tarkwa, Ghana, where they were 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 a 0.5 g/t cut-off at the beginning and end of the intercept and allowing for no more than three consecutive samples (3m) of less than 0.5 g/t Au. All holes were drilled perpendicular to the deposit trend. The holes were inclined to intersect at a specific vertical depth. The dip of the deposit varies between 70 and 80 degrees to the southeast.

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.                  

The technical information in this news release has been reviewed by Dr. David Groves, PhD, Technical Advisor to Midlands and a Qualified Person under National Instrument 43-101.

Source:

Midlands Minerals Corporation

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