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Midland Exploration Inc
Symbol MD
Shares Issued 65,434,222
Close 2019-02-12 C$ 1.15
Market Cap C$ 75,249,355
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Midland Exploration begins drilling at Jouvex

2019-02-13 09:18 ET - News Release

Mr. Gino Roger reports

MIDLAND AND SOQUEM COMMENCE DRILLING PROGRAM TO TEST NEW TARGETS ON JOUVEX

Midland Exploration Inc. has commenced a drilling program totalling more than 1,800 metres to test new geophysical targets identified on the Jouvex project. This program is slated to begin in the second week of February, 2019.

The Jouvex property consists of 268 claims covering a total of approximately 150 square kilometres. This property with strong gold potential covers the extension, over a strike length of more than six kilometres, of the Casa Berardi-Douay-Cameron deformation zone, which hosts the Casa Berardi mine located about 65 kilometres to the west and the Douay project located only seven kilometres to the southeast, where inferred resources are estimated at 2,759,000 ounces of gold (84,152,000 tonnes at 1.02 grams per tonne gold) and indicated resources at 479,000 ounces of gold (9,383,000 tonnes at 1.59 grams per tonne gold) (source: National Instrument 43-101 report by Maple Gold Mines; March, 2018). Disclaimer by Midland: Mineralization at the Casa Berardi mine and at the Douay deposit may not be representative of mineralization that may be identified on the Jouvex property.

New exploration targets identified on Jouvex

Two OreVision IP (induced polarization) surveys totalling approximately 35 kilometres were completed in the northwest and northeast parts of the property in the spring of 2018. These surveys targeted conductors and historic gold occurrences in volcanic rocks of the Orvilliers-Desmazures group, near the contact with sedimentary rocks of the Taibi group. A drilling target was defined on the Northwest grid, whereas four drilling targets were defined on the Northeast grid.

On the Northeast grid, the first drill hole will test, at a vertical depth of 400 metres, the extension of a mineralized zone intersected in historic drill hole KMA-88-71, which graded 1.24 grams per tonne gold over 6.8 metres (194.38 to 201.18 metres), including 4.4 grams per tonne gold over 0.65 metre. This gold value is associated with a quartz-eye-bearing mafic intrusive rock, moderately to strongly altered to carbonate, and hosting a network of 2 per cent to 5 per cent fractures and quartz-carbonate veins with 5 per cent pyrite and 1 per cent to 2 per cent arsenopyrite mineralization. This drill hole will also test a chargeability IP anomaly of moderate intensity. Three additional drill holes will test three different IP anomalies characterized by moderate to strong chargeability combined with high resistivity. These three IP anomalies have never been drill tested.

On the Northwest grid, the last drill hole will simultaneously test two parallel IP axes located along the extension of known gold occurrences, namely the Q-30 historic showing, which graded 1.0 gram per tonne gold over 12.65 metres along the north IP axis, and another grading 1.4 grams per tonne gold over 0.7 metre and 1.50 grams per tonne gold over 1.4 metres along the south IP axis.

Jouvex is a 50/50 joint venture project with Soquem Inc.

About Midland Exploration Inc.

Midland targets the excellent mineral potential of Quebec to make the discovery of new world-class deposits of gold, platinum group elements and base metals. Midland prefers to work in partnership and intends to quickly conclude additional agreements in regard to newly acquired properties. Management is currently reviewing other opportunities and projects to build up the company's portfolio and generate shareholder value.

This press release was prepared by Mario Masson, PGeo, vice-president, exploration, for Midland and a qualified person as defined by NI 43-101.

We seek Safe Harbor.

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