Midland: New Copper-Gold-Molybdenum-Silver Mineralized System in James Bay

- October 16th, 2018

The company said that the copper-gold-molybdenum-silver mineralized system is at least 700 meters long on surface, oriented east-west, open in both directions.

Midland Exploration (TSXV:MD) has announced a new recent discovery of a copper-gold-molybdenum-silver system its wholly owned Mythril project in James Bay, Quebec.

In the release, the company said that the copper-gold-molybdenum-silver mineralized system is at least 700 meters long on surface, oriented east-west, open in both directions. The mineralized system is interpreted based on outcrops and locally sourced, angular float fields. It is interpreted to be of the copper-gold-molybdenum-silver type. The full dimensions of the mineralization are not known yet.

As highlighted in the press release:

  • Copper-gold-molybdenum-silver mineralized system interpreted over 700 meters, open east and west.
  • Fifty-four (54) new high-grade copper-gold-molybdenum-silver mineralized floats; average values of 2.61 percent copper, 1.25 grams per tonne (g/t) gold, 0.13 percent molybdenum, 28.7 g/t silver over the 54 floats (grab samples); maximum values of: 13.2 percent copper; 16.8 g/t gold; 0.58 percent molybdenum; 112 g/t silver. Float are concentrated in five major fields. Most of the float are angular and are interpreted to be locally derived (<100m transport distance).
  • Channel result of 2.74 percent copper, 0.44 g/t gold, 0.06 percent molybdenum, and 24.3 g/t silver over 2.7 meters, including 4.52 percent copper, 0.65 g/t gold, 0.1 percent molybdenum, and 40.1 g/t silver over 1.5 meters on the Celeborn showing. Mineralization open in all directions.
  • New “Arwen” copper-gold-molybdenum-silver mineralized float field, that returned high-grade gold values, with up to 16.8 g/t gold. It is the easternmost float field.
  • New “Legolas” showing with grab sample of 4.89 percent copper, 1.5 g/t gold, 46 g/t silver.

Click here to read the full Midland Exploration (TSXV:MD) press release.

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