Posted in | Gold | Mining Business

Midland Begins New Drilling Program at Patris Gold Property

Midland Exploration Inc. ("Midland") (TSX VENTURE:MD) is pleased to announce the start of a new drilling program on the Patris gold property, wholly owned by Midland and currently under option by Teck Resources Limited ("Teck") (see press release dated September 17 2013 for agreement terms). This project comprises 260 claims covering a surface area of about 108 square kilometres in La Pause and Clericy townships and is located only 30 kilometres northeast of the city of Rouyn-Noranda and less than 10 kilometres northwest of the prolific Doyon/Westwood-Bousquet-LaRonde gold mining camp.

This new drilling campaign will comprise three to five short drill holes, including two contingency holes, for a total of approximately 800-1,400 metres. Following an induced polarization survey totalling 15 line kilometres and a magnetic survey of 36 line kilometres, both completed in the fall of 2015, several anomalies (magnetic lows) were selected for drill testing along the strike extensions from drill hole PAT-15-05. This hole intersected a wide alteration zone with pyrite, chalcopyrite, galena, and molybdenite within syenite and ultramafic rocks which are strongly altered to fuchsite, quartz and carbonates. This alteration zone was intersected over a drill interval of approximately 100 metres and locally yielded anomalous copper, molybdenum, silver, and lead values of up to 82.6 g/t Ag, 0.10 g/t Au, 0.22% Cu and 1.0% Pb over 1.0 metre.

The Patris property offers excellent gold potential as it covers the Manneville Fault over more than 8 kilometres of strike length and the La Pause Fault over more than 10 kilometres of strike length, both recognized as subsidiary faults to the famous Destor-Porcupine Fault Zone. The geological setting of the Patris property, where clastic metasedimentary and ultramafic rocks are juxtaposed along a faulted contact and intruded by a porphyry dyke swarm, is similar to the Malartic mining camp and the South Barnat ore deposit on the Canadian Malartic property held in JV by Agnico Eagle Mines and Yamana Gold inc.

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

Tell Us What You Think

Do you have a review, update or anything you would like to add to this news story?

Leave your feedback
Submit