The company reported the copper-gold-molybdenum-silver mineralized system is now identified over 2 kilometers strike length on surface (E-W), up from 0.7 kilometers in September, and is still open in both directions.
Midland Exploration (TSXV:MD) has announced new results from the October 2018 prospection campaign on its Mythril project in James Bay, Quebec.
The company reported the copper-gold-molybdenum-silver mineralized system is now identified over 2 kilometers strike length on surface (E-W), up from 0.7 kilometers in September, and is still open in both directions. The mineralized system is interpreted based on surface copper-gold-molybdenum-silver showings. The full dimensions of the mineralization are not known yet.
As highlighted in the press release:
- Discovery of several new copper-gold-molybdenum-silver showings and one new molybdenum-only showing (3.04 percent molybdenum),extending the mineralized system from 0.7 kilometers to more than 2 kilometers strike length, open east and west.
- Average values over 45 mineralized (>0.1 percent copper) grab samples from these new showings are: 2.04 percent copper, 0.36 grams per tonne (g/t) gold, 0.11 percent molybdenum, 17.6 g/t silver (2.85 percent copper equivalent). Maximum values of : 12.65 percent copper ; 1.7 percent molybdenum ; 1.51 g/t gold ; 69.8 g/t silver.
- Fifty-six (56) new copper-gold-molybdenum-silver mineralized floats (>0.1 percent copper) discovered in the eastern and western extensions of the system. Average values of 1.33 percent copper, 0.52 g/t gold, 0.09 percent molybdenum, 13.3 g/t silver (2.12 percent copper equivalent) over 56 floats (grab samples). Maximum values of : 16.95 percent copper; 4.91 g/t gold; 0.44 percent molybdenum; 49.4 g/t silver. Most of the floats are angular and are interpreted to be locally derived (<100m transport distance).
- Midland significantly increased its land position around the discovery and plans to start geophysical surveys in the coming weeks.