Midland targets the excellent mineral potential of Quebec to make the discovery of new world-class deposits of gold and critical metals
Midland Expands Its Patris Property. (Credit: Zac Edmonds on Unsplash)
Midland Exploration Inc. (“Midland’ or the “Corporation”) (TSX-V: MD) is pleased to announce the acquisition by map designation of 100% interest in an important strategic land position for its gold and lithium potential in southern Abitibi, Quebec. This new acquisition adjacent to the east of Midland’s Patris gold property, consists of 133 claims (74 square kilometres) and is located approximately 60 kilometres northwest of the town of Val-d’Or.
This land position covers more than 25 kilometres of turbiditic sediments of the Lac Caste Formation, immediately to the south of the Manneville-North Fault, which is a subsidiary of the prolific gold-bearing Destor-Porcupine Break. These turbidites are intruded by dioritic dyke swarms, as well as the western edge of the La Motte Batholith. To the south, Lac Caste sediments are in contact with ultramafic rocks of the La Motte-Vassan Formation, where a major deformation zone (Manneville-South Fault) can be traced over more than 10 kilometres.
These new claims are also located approximately 15 kilometres west of the Authier lithium deposit, and approximately 45 kilometres west of the LAN lithium deposit, both held by Sayona Mining Limited (“Sayona”). The LAN deposit hosts measured and indicated mineral resources (NI 43-101) of 73,675,000 tonnes grading 1.05% Li2O and inferred resources of 28,246,000 tonnes grading 1.08% Li2O. The Authier deposit hosts measured and indicated mineral resources (NI 43-101) of 14,140,000 tonnes grading 1.01% Li2O and inferred mineral resources of 2,996,000 tonnes grading 1.00% Li2O. (Source: Sayona press release dated March 1, 2022; Please refer to Table 1 for mineral resources details).
Midland’s new strategic position covers, over more than 10 kilometres, the La Motte-Vassan Formation consisting of mafic and ultramafic rocks, which hosts lithium pegmatites at the Authier deposit. These new claims also cover the west and north edges of the La Motte Batholith. The latter, along with the La Corne Batholith, both composed of granodioritic and monzonitic phases, occupy a central position relative to the main lithium occurrences known in this area north of Val-d’Or.
Midland is currently planning a high-resolution magnetic survey in order to map in greater detail subtle magnetic features as well as any structures that could crosscut the ultramafic rocks and host spodumene-bearing pegmatite intrusions.
Source: Company Press Release