{"id":5126,"date":"2022-06-09T07:30:00","date_gmt":"2022-06-09T11:30:00","guid":{"rendered":"https:\/\/midlandexploration.com\/?p=5126"},"modified":"2022-06-08T14:16:34","modified_gmt":"2022-06-08T18:16:34","slug":"midland-begins-its-second-exploration-program-in-nunavik-under-its-strategic-alliance-with-soquem","status":"publish","type":"post","link":"https:\/\/midlandexploration.com\/en\/2022\/06\/09\/midland-begins-its-second-exploration-program-in-nunavik-under-its-strategic-alliance-with-soquem\/","title":{"rendered":"Midland Begins its Second Exploration Program in Nunavik Under its Strategic Alliance with SOQUEM"},"content":{"rendered":"\n

Montreal, June 9, 2022. Midland Exploration Inc. (\u201cMidland<\/strong>\u201d) (TSX-V: MD) is pleased to announce the start of an important exploration program targeting Cu-Zn-Co-Ag-Au \/ Zn-Pb-Cu-Ag-Au volcanogenic massive sulphides (\u201cVMS\u201d) in the Labrador Trough, Nunavik. This second exploration program will be conducted under the strategic alliance concluded between Midland and SOQUEM (the \u201cAlliance\u201d).<\/p>\n\n\n\n

The 2022 exploration program will consist of two phases of prospecting, each lasting three weeks, scheduled from mid-June to mid-August.<\/p>\n\n\n\n

Several new targets for 2022 and follow-up of 2021 discoveries<\/span><\/strong><\/p>\n\n\n\n

Following execution of the Alliance, compilation work was undertaken to cover the Labrador Trough. This work led to the integration of historical geological mapping, drilling and geophysical data as well as rock and sediment sampling. These data, combined with new ideas on the stratigraphic and structural depositional settings, led to the definition of high-potential target areas for the 2022 prospecting program.<\/p>\n\n\n\n

During the 2021 program, a gold-bearing boulder (Rubeo) grading 40.8 g\/t Au<\/strong> (in grab sample) was discovered by prospecting (see press release by Midland dated December 16, 2021<\/em>).<\/p>\n\n\n\n

During the same program, near Lac Leli\u00e8vre, approximately 95 km south of Kuujjuaq, a grab sample extended the horizon hosting the Lac Leli\u00e8vre Cu-Zn showing by another 25 m to the northwest. The sample graded 2.3% Zn, 0.48% Cu, 0.17 g\/t Au and 30 g\/t Ag<\/strong>. Another sample yielded grades of 5.64% Zn and 0.14% Cu<\/strong> approximately 4.5 km northwest of the Lac Leli\u00e8vre showing. Both samples are associated with massive to semi-massive sulphides deposited in metasedimentary rocks. The sulphides consist of pyrrhotite, chalcopyrite, and sphalerite. The metal signature of these samples (Zn, Cu, Au, Ag, As, Pb, Sb) is typical of Besshi-type VMS deposits.<\/p>\n\n\n\n

The 2022 prospecting campaign will focus to locate the source of the gold-bearing boulder at Rubeo and to identify the possible extensions of Zn-Cu mineralization in the Lac Leli\u00e8vre area. In addition, VTEM data collected in 2021 provided several new exploration targets that will be prospected this summer.<\/p>\n\n\n\n

The Labrador Trough offers a favourable geological and geochronological setting for the discovery of Cu-Zn-Co-Ag-Au \/ Zn-Pb-Cu-Ag-Au massive sulphide deposits in mafic-siliciclastic settings. This type of VMS generally forms larger deposits than other subcategories of VMS deposits. They also contain high copper, gold and cobalt grades. Previous campaigns of this magnitude focussing on this type of deposit in the Labrador Trough date back at least 20 years.<\/p>\n\n\n\n

Cautionary statements<\/span><\/p>\n\n\n\n