Midland Exploration Inc. (TSXV:MD) has announced a partnership with Japan Oil, Gas and Metals National Corporation, or JOGMEC, through which it will begin a field exploration program on its Pallas Platinum Group Elements project in the Labrador Trough. The two parties are entering into the second year of the agreement, and this field exploration program will involve prospecting guided by airborne magnetic targeting, and channel sampling of Midland’s best known occurences of PGE’s.
As quoted in the press release:
Midland has completed a short reconnaissance program late last year. In only a week of prospecting, several new PGE + Au bearing outcrops were discovered (more than 10) with values ranging from 1.0 to 3.9 g/t PGE + Au. Overall, the project counts currently more than 20 mineralized showings returning more than 1.0 g/t PGE + Au. Each of those showings, associated with disseminated sulfides, were found in vari-textured gabbro (gabbro with textures and crystals varying in sizes) over several of meter in thickness within layered gabbro. In order to help tracing these mineralized gabbroic horizons, a detail heli-borne magnetic survey has been completed on each of the 4 Midland claim blocks. Currently, these data are been processed combining high resolution satellite imagery for target generation.