Midland Continues to Discover Several New Gold-Bearing Zones on its Heva Project, with Grades up to 41.0 g/t Au by
Prospecting
MONTREAL, QUEBEC--(Marketwired - Dec. 20, 2016) - Midland Exploration Inc. ("Midland") (TSX
VENTURE:MD) is pleased to report that the latest prospecting campaign completed in November in three areas has led to
the discovery of several new gold-bearing zones on its Heva Project. A recent soil sampling program, completed last August,
identified several new exploration targets that were followed up during this prospecting campaign. Prospecting work carried out
on targets defined by soil sampling confirmed a correlation between soil anomalies and the discovery of new gold-bearing quartz
veins.
This project is wholly owned by Midland and is located near the prolific Cadillac Break, about 5 kilometres northwest of
the Canadian Malartic gold mine, jointly held by Agnico Eagle Mines Limited and Yamana Gold Inc., where proven reserves are
estimated at 54.89 million tonnes grading 0.97 g/t Au (1.72 Moz Au) and probable reserves at 166.64 million tonnes grading 1.12
g/t Au (6.0 Moz Au), for a total of 7.72 Moz Au. The Heva Project, acquired by Midland in May 2013 from Arianne Phosphate
Inc., consists of two claim blocks, Heva West and Heva East, totalling 33 claims and covering a surface area of more than 1,200
hectares.
Prospecting highlights (grab samples)
- 41.0 g/t Au, 9.2 g/t Au (East area)
- 13.9 g/t Au, 8.0 g/t Au (Central area)
- 1.7 g/t Au (West area)
Prospecting was carried out in November in three different areas (West, Central and East). A total of 114 samples were
collected on the property. In addition to the results reported above, prospecting samples in the West area also yielded grades of
1.30 g/t Au, 0.70 g/t Au, 0.71 g/t Au as well as eight (8) samples grading between 0.10 and 0.50 g/t Au. In the
Central area, additional gold values of 2.12 g/t Au, 0.83 g/t Au, 0.68 g/t Au were reported, as well
as ten (10) samples grading between 0.10 and 0.50 g/t Au. In the East area, additional gold values include 3.65 g/t
Au, 1.32 g/t Au, 1.21 g/t Au, 1.04 g/t Au, 0.99 g/t Au, 0.77 g/t Au, 0.60 g/t Au, 0.55 g/t Au along with twenty (20)
samples grading between 0.10 and 0.50 g/t Au (note that gold values from grab samples may not be representative of the
mineralized zones).
Midland will begin a new phase of exploration work very shortly, including line cutting, a ground magnetic survey and an
OreVision® IP induced polarization survey.
Figures showing the location of new results on the Heva Project may be consulted using the following link: http://media3.marketwire.com/docs/Heva_December20_2016.pdf
Quality Control
Sample preparation and analysis was performed by ALS Minerals in Val-d'Or. All samples were analyzed for gold by fire assay
with an atomic absorption finish (AA23) on a fraction of 30 grams and a gravimetric finish for values greater than 3.0 g/t Au.
For quality control purposes, in each sample batch, certified standards and blanks were inserted at regular intervals throughout
the sequence of samples. The data were reviewed by Mario Masson, VP Exploration for Midland, certified geologist and Qualified
Person as defined by NI 43-101.
About Midland
Midland targets the excellent mineral potential of Quebec to make the discovery of 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 Agnico Eagle Mines
Limited, Teck Resources Limited, Osisko Exploration James Bay Inc., SOQUEM Inc., Japan Oil, Gas and Metals National Corporation
and Abcourt Mines Inc. 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 portfolio
and generate shareholder value.
This press release was prepared by Mario Masson, VP Exploration for Midland, certified geologist and Qualified Person as
defined by NI 43-101.
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.