お知らせ • Sep 14
Midland Exploration Inc. Provides an Overview of Its Exploration Activities Including Its Lithium Projects in James Bay
Midland Exploration Inc. has give an overview of its exploration activities in Quebec, including on its several projects in partnership for lithium in James Bay. Following the complete lifting of access bans to James Bay caused by the forest fires of the summer of 2023, several exploration programs have recently begun. Highlights: Commencement of exploration programs for lithium (‘Li’) in James Bay with Rio Tinto, Brunswick and Cosmos following the complete lifting of access bans; Work for lithium focussing near Corvette (Patriot Battery Metals), Adina (Winsome Resources) and James Bay lithium (Allkem); Work in progress (ZTEM, lakes, prospection) in Nunavik with BHP for Ni-Cu; Drilling to come with RTEC to follow-up Santos Ni-Cu discovery on Tête Nord; Drilling ongoing with Probe on La Peltrie on the 2022 Cu-Au-Ag-Mo discovery; Commencement of a program with SOQUEM on the 2022 Cu-Au discovery at Nachicapau. Lithium Projects (Li) - James Bay: Corvette, Chisaayuu and Mythril East Projects – 100% Midland, in option agreement with RTEC A first exploration program including LiDAR surveys as well as prospecting and mapping work is in progress. This work will cover the properties located east and south-east of Corvette deposit held by Patriot Battery Metals (‘Patriot’) with an estimated inferred resources of 109.2 Mt at 1.42% Li2O. These projects contain amphibolite formations, which are regionally the most common host rock for lithium pegmatites, and a compilation of historical work by Midland revealed strong indications of potential for Li-Be-Ta enriched pegmatites. During exploration work for copper in 2022 on Chisaayuu, a pegmatite outcrop had returned two strong lithium anomalous values in selected samples: 0.12 % Li2O and 0.04 % Li2O. In addition, new lithium anomalies in lake-bottom sediments have been identified on Chisaayuu and Corvette following a regional statistical treatment of more than 23,000 analysis and completed by Midland. Galinée Project – 100% Midland, in an option agreement with RTEC The Galinée Project is located approximately 4 kilometres directly east of Adina showing held by Winsome Resources. This Adina showing is at the contact between amphibolites of the Trieste Formation to the south and felsic intrusives to the north. This contact is marked by a major structure that most likely controlled the emplacement of pegmatites on the Adina showing. This same highly favourable contact is present on Midland’s Galinée property over more than 7 kilometres and has never been explored for lithium in the past. This suggests that the Galinée project shows potential for lithium exploration. The maiden exploration program for lithium will target this structure by helicopter supported prospecting and geological mapping as well as a high-resolution LiDAR survey. Komo Project – 100% Midland, in an option agreement with RTEC The Komo Project is located approximately 20 kilometres west of James Bay lithium deposit (Allkem) which contains a mineral resource of 110.2 Mt at 1.30 % Li2O, consisting in an indicated resource of 54.3 Mt at 1.30% Li20 and an inferred resource of 55.9 Mt at 1.29% Li20. (Source: Mineral Resource Estimate by SLR Consulting (Canada) Ltd. dated May 19, 2023). Komo and James Bay lithium deposit are both located at the contact between the La Grande and Nemiscau geological subprovinces. This contact is a major structure that likely play a critical role in the emplacement of the James Bay lithium host pegmatite. This major lithotectonic contact is present over nearly 30 kilometres on the Komo project and had never been explored for lithium. A LiDAR survey was completed in the summer of 2023, and prospection and geological mapping is planned for a second field phase later in 2023. Mythril and Elrond Project – 100% Midland, in an option agreement with Brunswick Initially, the program will mainly focus on the southern part of the Mythril project, near Corvettes’ lithium discoveries by Patriot. Several important structural trends were oriented north-east and share the same orientation as Patriot’s CV13 spodumene pegmatites and will be targeted by a helicopter-supported prospecting and mapping exploration program, as well as a LiDAR survey. Furthermore, two new lake bottom lithium anomalies were identified south on the project, following a regional statistical treatment of more than 23,000 analysis, and completed by Midland. Lasalle Project – 100% Midland, in an option agreement with Cosmos An interpretation of a high-resolution magnetic surveys as well as the analysis of imagery data, LiDAR and hyper-spectral data were completed and made it possible to identify three (3) new target areas characterized by the possible presence of pegmatites for a field follow-up which was recently completed. The results of this program are pending. Nickel-Copper Projects (Ni-Cu) - Nunavik and Grenville: Nunavik Nickel Project – Strategic Alliance with BHP. The 2023 exploration program, which began in July 2023, is focused on a major crustal-scale structure that has been identified in the regional magnetotelluric (‘MT’) surveys performed in 2022. This structure, previously poorly recognised is potentially favorable for nickel-copper mineralization. The 2023 program consisted of a 1,534 samples lake sediment survey and an airborne Z-Tipper axis electromagnetic survey (‘ZTEM’) as well as two phases of mapping and prospecting completed during July and August. Results of the program are pending. Tête Nord Project – 100% Midland, in an option agreement with RTEC A first drilling program was completed in the spring of 2023 by RTEC on Tête Nord, located in Grenville, this program included a total of sixteen (16) drill holes totaling 3,450 meters. During this program, a new Ni-Cu mineralized zone named Santos was discovered about 8 kilometers north of the former Lac Édouard Ni-Cu mine along a north-south trending structure. The drill hole MDLD0015 had intersected between 20.11 and 22.79 meters an interval grading 1.10% Ni and 0.71% Cu over 2.68 meters. Further down, between 33.02 and 43.39 meters, a mineralized interval graded 0.45% Ni and 0.18% Cu over 10.37 meters. These mineralized gabbro zones generally display sulphides with mesh and disseminated textures and alternate with non-mineralized metric gabbro horizons. Following this survey, the results of the electromagnetic surveys completed on the surface and in the borehole, indicate the presence of an unexplained conductor that dips to the southeast. The Santos zone therefore remains entirely open in this direction. A gravity geophysical survey has also been completed and a second phase of drilling of 1,900 meters at Santos, Palmeiras and Savane began in July 2023 and will continue later this fall, when deforestation permits to access the drill sites will be obtained.