Midland and Altius identify highly prospective electromagnetic anomalies on the Moria (NI-CU-CO) and Shire (ZN-CO) discoveries

1 November 2017

Montreal, November 1, 2017. Midland Exploration Inc. (“Midland”) (TSX-V: MD) and Altius Minerals Corporation (“Altius”) are pleased to announce the results of a detailed VTEM® electromagnetic survey and to report preliminary field observations from their Moria (nickel) and Shire (zinc) projects in the James Bay area. On the Moria project, electromagnetic (EM) anomalies suggestive of Ni-Cu-Co massive sulphides have been identified in several areas, notably in the northeast extension of the Gimli/Gloin showings, in an outcrop-free zone. On the Shire project, the EM survey shows that the O’Connor Zn-Co showing is located on a 15-kilometre-long chain of EM anomalies. Pyrrhotite-pyrite massive sulphides and quartz-sulphide exhalites have been observed at several locations along this regional EM conductor. These results suggest the presence of a new massive sulphide belt on the Shire project.

The Moria Project nickel discovery was first released on August 17, 2017, and consisted of a grab sample of a weakly mineralized meta-pyroxenite that assayed 1.07% Ni, 0.24% Cu and 0.09% Co (Gimli showing). Manual stripping and additional grab samples taken later in August confirmed the initial discovery, with the following grades from the discovery outcrop: 1.13% Ni, 0.11% Cu, 0.07% Co; 0.83% Ni, 0.17% Cu, 0.07% Co; 0.87% Ni, 0.18% Cu, 0.07% Co (Note that grades obtained in grab samples may not be representative of mineralized zones). Channel samples were taken on Gimli in October following additional hand stripping; results are pending. The Gloin showing, located 100 meters east of Gimli, was also confirmed by additional sampling later in August, with 0.78% Ni in grab sample. The normalized 100% sulphide grades calculated on the Moria showings are very high, ranging from 9.2% Ni to 16.0% Ni, and from 0.59% Cu to 2.36% Cu (see details in the table at the end of this release). These numbers indicate that Ni-Cu massive sulphide mineralization on Moria could be high grade, and that the potential also exists for low grade/high tonnage.

The electromagnetic (EM) survey conducted on the Mora project indicates that the Gimli and Gloin showings are located on a NE-SW magnetic anomaly that is approximately 3.5 km long and coincides with the magnetic meta-pyroxenite host to the mineralization. A group of five EM anomalies that could indicate Ni-Cu massive sulphides are located on the same magnetic anomaly, between 400 and 800 meters northeast of Gimli/Gloin, in an area without outcrops. Other combined EM and magnetic anomalies that are also covered by Quaternary deposits occur in areas where weakly mineralized meta-pyroxenites have been mapped. These EM anomalies are excellent drilling targets. Results of additional outcrop and boulder sampling conducted in October on Moria are pending.

The Shire zinc project began following the discovery of an exhalative zinc-cobalt horizon in the summer of 2017, in a little-known area located approximately 80 kilometers east of Nemaska, Quebec. A quartz-sphalerite exhalite assayed up to 7.53% Zn in a grab sample, while a pyrite-pyrrhotite-sphalerite massive sulphide grab sample assayed 2.79% Zn; pyritic massive sulphides also assayed up to 0.09% Co in grab samples (O’Connor Showing; August 10 release). The mineralization is interpreted to represent the distal portion of a volcanogenic massive sulphide (VMS) deposit.

The EM survey conducted on Shire in October shows that the O’Connor showing is located on a regional EM conductor that is at least 15 km long and is open to the east. Follow-up of a few EM anomalies in October identified pyrite-pyrrhotite massive sulphides and/or quartz-pyrite-pyrrhotite exhalites at other locations along this regional EM conductor, located 2.5 and 4.5 kilometers east of the O’Connor showing. The massive sulfides and exhalites were covered by Quaternary deposits and were found by manual stripping of metal detector anomalies. Mechanical stripping or drilling will be required to fully assess them. The results of the sampling are pending. Mapping of the metavolcanic rocks surrounding the sulphide-rich exhalative horizon indicates that it is located near the contact between felsic and mafic volcanics, an environment typical of major VMS deposits. These results suggest the presence of a major massive sulphide belt on the Shire project. Furthermore, the greenstone belt hosting the mineralization was not previously known and therefore never explored.

Midland and Altius are very pleased with the results of the fall exploration phase on Moria and Shire. Both projects began in July 2017 as grassroots-level reconnaissance targets and quickly evolved within a few months into high-quality targets ready for drilling or stripping. The next stages of exploration on the projects will be evaluated by Altius and Midland in the coming weeks.

Figures showing the VTEM electromagnetic surveys and field observations can be viewed at the following link: Click here

Metal grades for Moria Ni showings and grades recalculated to 100% sulphides*.

*The recalculated 100% sulphide grades were calculated according to Barnes and Lightfoot (2005), using the following formula Concentration (100% sulfides of a chalcophile element) = Concentration (total rock of chalcophile element) * 100 / (2.527 * S% + 0.3408 * Cu% + 0.4715 * Ni%)

Quality control

Rock samples from the project are analyzed by standard fire assay on 30 gram fractions with atomic absorption finish or gravimetric finish at ALS laboratories in Val-d’Or, Quebec or Sudbury, Ontario. All samples were also analyzed for several elements by a four acid dissolution ICP-AES method. The design of the exploration program and the interpretation of the results is performed by qualified personnel using a quality assurance/quality control program that conforms to industry best practices, including the use of standards and blanks for every 20 samples.

About Altius

Altius directly or indirectly holds royalties and various streams that generate income from 15 operating mines. They are located in Canada and Brazil and produce copper, zinc, nickel, cobalt, iron, potash and thermal and metallurgical coal. The portfolio also includes numerous pre-development royalties covering a broad spectrum of mineral substances and jurisdictions. In addition, Altius has an extensive portfolio of exploration stage projects that have been generated to make agreements with industry partners that result in new royalties and minority interests.

About Midland

Midland is counting on Quebec’s excellent mineral potential to discover new world-class deposits of gold, platinum group elements, base metals and rare earth elements. Midland is proud to count on reputable partners such as Altius Resources Inc, Agnico Eagle Mines Ltd, Teck Resources Limited, IAMGOLD Corporation, Osisko Mining Inc, SOQUEM INC, Altius Minerals Corporation, Japan Oil, Gas and Metals National Corporation, NioBay Metals Inc. and Abcourt Mines Inc. Midland prefers to work in partnership and intends to quickly conclude agreements in this regard with respect to its newly acquired properties. Management is currently evaluating other opportunities and projects to enhance the Company’s portfolio and create added value for shareholders.

This press release was prepared by Sylvain Trépanier, P.Geo., Vice President Exploration James Bay and Northern Quebec at Midland, a “qualified person” as defined by NI 43-101. For more information, please consult the Company’s website or contact

Gino Roger, President and Chief Executive Officer

Tel. : 450 420-5977 : 450 420-5977

Fax : 450 420-5978 : 450 420-5978

E-mail : info@midlandexploration.com

Website: www.explorationmidland.com

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

This press release may contain forward-looking statements that are subject to known and unknown risks and uncertainties that could cause actual results to vary materially from targeted results. Such risks and uncertainties include those described in Midland’s periodic reports including the annual report or in the filings made by Midland from time to time with securities regulatory authorities. –



V.P. Exploration

More than 30 years of experience in mineral exploration in Quebec.

Mario Masson holds a Bachelor’s degree in Geology from the Université de Montréal. Before joining Midland’s team, Mario worked several years has a geologist at Nipadex and Muscocho. In 1990, he started working for Noranda Exploration in Matagami has a Project Geologist and was a part of the team that found the Orchan West and Bell Allars deposits. He was also involved in the discovery of the Perseverance deposit in the Matagami Mining Camp in 2000. After this discovery, Mario and his team win the PDAC Bill Dennis Award in 2001. From 2002 to 2007, he was in charge of the exploration activities in the Noranda Mining Camp has a Senior Geologist for Noranda Inc – Falconbridge ltée – Xstrata Copper. In addition, he was also involved in the discovery of the West Ansil deposit in the Noranda Mining Camp in 2005, which allowed the Falconbridge ltée exploration team to win the Prospector of the Year award at the QMEA. Since January 2008, he is a part of Midland Exploration team as VP Exploration.


President,CEO, Director

Gino Roger has been President and Chief Executive Officer of the Company since November 1, 2006. Mr. Roger has graduated as a geological engineer from Laval University in 1990. From May 1990 to October 2006, Mr. Roger was a Project Geologist, Senior Geologist and Regional Geologist for Xstrata, Falconbridge and Noranda. During those years he was actively involved in the generation, acquisition and negotiation of many significant projects and discovery of mineral deposits. He worked in Quebec, Ontario, B.C., Yukon and Sweden on a wide variety of projects involving gold, VMS, SEDEX, MVT, and IOCG ore deposits. Mr. Roger and his team received the AEMQ’s prestigious Prospector of the Year Award in 2005, for the discovery of the West Ansil deposit. He is a member of the Ordre des ingénieurs du Québec and of the Canadian Institute of Mining, Metallurgy and Petroleum. He is a director of the Quebec Mineral Exploration Association.


Chairman of the Board

Jean-Pierre Janson joined Richardson GMP in January 2005 as Managing Director, National Wealth Management. As such, he oversees the development of branches nationwide, and seeks new opportunities to bring some of the industry’s Top Investment Advisors to the firm. In addition, Mr. Janson also serves on the Richardson GMP’s executive committee and in that capacity works closely with the Executive Management Team on the firm’s strategic direction.

Mr. Janson was previously Managing Director of CIBC Wood Gundy Financial Services (Eastern Canada Region) and held senior management positions with both Merrill Lynch Canada Inc. and Midland Walwyn Inc. Having built a reputation of trust and respect during more than 30 years in the financial services industry, Mr. Janson continues to demonstrate his involvement through Richardson GMP Limited. He also serves as trustee of BTB Real Estate Investment Trust and as member on the board of Tri-Origin Exploration Limited.


Secretary and Director

René Branchaud holds an LLB from Université Laval obtained in 1982. He has been a lawyer since 1983 and is a partner of the law firm Lavery, de Billy L.L.P. He has a vast experience as secretary and director of mining corporations.


Chief Financial Officer

Ingrid Martin holds a Bachelor in Business Management from the École des hautes études commerciales (HEC), in Montréal, Quebec. She is a member of the Order of Chartered professional accountants of Quebec since 1990 and possesses a vast experience as consultant for public companies. She acts, also, as Chief Financial Officer of Vior Inc. Mrs. Martin is devoting 40% of her time to Midland Exploration.



Paul Archer has a Bachelor’s degree in Geological Engineering and a Master’s degree in Earth Science. He has more than 35 years of experience in the mining industry, particularly in exploration for gold and base metals in Archean terrains. He developed his expertise working with various companies, including Shell Minerals, Noranda Exploration, Northgate Explorations, Westminer Canada and SOQUEM, where he was Regional Manager for Northern Quebec. On May 1, 1996, Mr. Archer joined Virginia Mines as Vice-President of Exploration and Acquisitions and Director. Mr. Archer was actively involved in the discovery and development of the Eleonore project, from the preliminary field campaign through to the sale of the deposit to Goldcorp. In November 2014, he joined Osisko’s management team following the Osisko/Virginia merger. He was elected President of the Quebec Prospectors Association in 1996 and 1997. Over the years, Mr. Archer has received, on behalf of Virginia, several prestigious prizes, including the Bill Dennis Award from the PDAC in 2006 for the discovery of the Eleonore deposit.



Annie Dutil is a member of the Quebec CPA Order and is Nomad’s corporate controller. Ms. Dutil brings over 15 years of extensive mining knowledge, specifically in the areas of public accounting, compliance with financial information obligations and regulatory matters. Prior to joining Nomad, Ms. Dutil has held a number of positions at PwC, including a role as director where she has led the Capital Markets and Accounting Advisory Services group in Montréal. In her current and previous roles, she has assisted several companies in their capital markets activities, including initial public offerings, financings, cross-border transactions and complex accounting and regulatory matters. Ms. Dutil is the co-founder of the Montreal chapter of Women in Mining and is involved in many community and philanthropic activities, currently serving as a member of the Board of Directors of Factry, the School of the Creative Sciences, and Théâtre de la Banquette Arrière.

Jean des Rivières


Mr. Jean des Rivières holds a Bachelor of Science degree in Geology from Université du Québec à Montréal and a Master’s degree of Science in Geology from École Polytechnique de Montréal affiliated to the University of Montreal. He has over 35 years of diversified experience in the exploration and mining industries while working in more than 50 countries touching base and precious metals. He most recently held the position of global Vice President Metals Exploration at BHP and previously held managerial and technical positions at Rio Algom, BHP, and Noranda. With BHP, Mr des Rivières chaired the Inclusion and Diversity committee of the Americas. After a successful career, he recently joined the board of directors of First Majestic Silver Corp., Montero Mining and Exploration Ltd., and Midland Exploration Inc.


Project geologist

More than 20 years of experience in mineral exploration in Quebec.

Project geologist for Midland Exploration, Jean-François holds a PhD from Université du Québec à Chicoutimi in Mineral resources, specialist in zinc-bearing mineralization with an expertise in metallogeny of metalliferous deposits.


Project geologist

More than 30 years of experience in mineral exploration in Quebec, British Colombia and Dominican Republic.

Project Geologist for Midland Exploration since 2012, Richard holds a Bachelor degree in Resources Geology from Université du Québec à Montréal. Before joining Midland’s team, he was a Project Geologist for Services Technominex – Aurizon Mines, Sirios and Unigold on several gold exploration projects. Between 1997 and 2006, he worked has a Project Geologist (5 years) and Technical Director (4 years) for the Nunavik Mineral Exploration Fund. At the beginning of his career, Richard worked as a Prospector for SOQUEM, Virginia Gold / Barrick Gold on gold projects in James Bay and Northern Quebec. He was also involved in the exploration of the Eskay Creek discovery in British Colombia.


Project geologist

More than 10 years of experience in mineral exploration in Quebec.

Project geologist for Midland Exploration, Louis-Philippe holds a Bachelor’s degree in Geology from Université Laval. Prior to joining the team, he worked 4 years for Nemaska Exploration / Monarch Resources / Nemaska Lithium in the Nemiscau area where he managed and participated exploration campaigns for lithium, gold and base metals. He also participated in the development of the Whabouchi lithium project.

Romain Deflin, P.Geo.

Project Geologist

Project Geologist for Midland Exploration, Romain Deflin holds a degree in geological engineering from l’ENSG (École National Supérieure de Géologie in Nancy) and a master degree in Mineral Resource Exploration from Université de Lorraine. He completed a 4 months internship with Midland before joining the team permanently in 2019.

Philippe Allard, Geo. M.Sc.

Project geologist

More than 20 years of experience in mineral exploration in Québec, Canadian Arctic, and Dominican Republic.

Project Geologist for Midland Exploration since May 2019, Philippe holds a Bachelor degree in Geology and a master in Earth Sciences from UQAM (Université du Québec à Montréal). Before joining Midland’s team, Philippe worked as an Exploration Geologist for Goldcorp, Ressources Sirios, Unigold and the Nunavik Mineral Exploration Fund (NMEF). At the beginning of his career, he also worked as an assistant geologist and a geologist for Virginia Gold Mines, Cambiex, Miramar Mining, Noranda Exploration, SOQUEM and Services Miniers du Nord on gold and base metals projects, mainly in James Bay. Moreover, he was at the origin of the discovery by prospection of the Cheechoo deposit in James Bay in 2010.


Geologist Consultant

More than 20 years of experience in mineral exploration and research in Quebec.

Sylvain Trépanier holds a Bachelor’s degree in Geology, a Master’s degree in Earth Science and a Bachelor’s degree in Computer Science and Software Engineering from Université du Québec à Montréal. Sylvain began his career for Noranda in 1995 and worked on various projects in Quebec until 2001. From 2004 to 2012, he worked has a research geologist at CONSOREM. During his years working at CONSOREM, he has carried out numerous research projects applied to mineral exploration and has developed expertise recognized in Quebec in various fields related to exploration: lake-bottom, streams and tills sediments geochemistry, alterations lithogeochemistry, statistical data processing and potential mineral evaluation by artificial intelligence. He is the author of several scientific articles, research reports and public presentations. He designed and developed the Lithomodeleur software for geochemistry treatment, which is now widely used in Quebec by exploration companies, governments and universities. From 2012 to 2016, he worked for Virginia Mines and Osisko Gold Royalties as a Senior Research Geologist and was involved in most of the company’s projects in James Bay and the Labrador Trough. He is co-recipient of the QMEA Jean-Descarreaux Award in 2011 with the CONSOREM team. Mr. Trépanier joined Midland in November 2016 as a VP Exploration James-Bay/Northern Quebec.