Midland announces start of Sonic drilling campaign on Patris property

Midland Exploration announced the start of a Sonic drilling campaign on the Patris gold property, currently 100% owned by Midland and located approximately 30 kilometers to the northeast from the city of Rouyn-Noranda in Quebec. A Sonic drilling campaign is currently underway with two drill and a total of 40 holes have already been completed. Over the next few weeks, 60 new holes will be completed in the eastern part of the Patris property in the Kewagama group. The work is scheduled to be completed in the first week of April. In total, 4,000 meters of sonic drilling are planned in 100 boreholes with a view to characterizing glacial dispersion trails in the till covered with lacustrine clays. The wholly owned Patris project comprises 299 claims covering a surface area of about 117 square kilometers, located less than 10 kilometers northwest of the prolific Doyon/Westwood-Bousquet-La Ronde gold mining camp. The Patris property offers excellent gold potential as it covers the Manneville Fault over more than 8 kilometers and the La Pause Fault over more than 10 kilometers, both recognized as subsidiary faults to the well-known Destor-Porcupine Fault Zone. The Patris property also covers more than 5 kilometers of the fault contact between the sediments of the Kewagama Group and the mafic and ultramafic volcanics of the Malartic Group. Several historical gold showings are found near this contact such as the Gadoury showing which returned 6.3 g/t Au over 1.0 meter and the McDermott showing which returned 8.6 g/t Au over 1.2 meters. A total of 4,000 metres of Sonic drilling is planned in 115 drill holes to characterize geochemical dispersion trains in the glacial till overlain by lacustrine clays. Pursuant to the Transaction, Barrick has the right to acquire up to a 75% interest in the Property in consideration for cash payments totaling C$1,017,500 and exploration work totaling C$16,575,000, over an eight-year period. Barrick is the operator of the work carried out under the Transaction.