Midland Acquires New Project With Strong Zinc-Copper Potential Hosting Massive Sulphide Boulders Grading up to 17.5% Zinc in the Labrador Trough
Midland Exploration Inc. (“Midland”) (TSXV:MD) is pleased to announce the acquisition, by map designation, of a new project with strong base metal (Zn-Cu) potential in the Labrador Trough. The Nachicapau property consists of 49 claims and is located approximately 150 kilometres south of Kuujjuaq, Quebec. As quoted in the press release: Previous exploration campaigns on …
Midland Exploration Inc. (“Midland”) (TSXV:MD) is pleased to announce the acquisition, by map designation, of a new project with strong base metal (Zn-Cu) potential in the Labrador Trough. The Nachicapau property consists of 49 claims and is located approximately 150 kilometres south of Kuujjuaq, Quebec.
As quoted in the press release:
Previous exploration campaigns on the project in 2008 and 2012 led to the discovery of several meter-sized massive sulphide float boulders with high zinc grades, up to 17.5% Zn. Another boulder yielded grades of 4.9 % Cu and 0.96 g/t Au. (Note that values from grab samples may not be representative of the mineralized zones). High-grade massive sulphide boulders discovered to date are scattered over a surface area of about 1.5 km x 200m. Prospecting campaigns carried out in 2008 and 2012 focused in the immediate vicinity of the boulders but failed to locate their source in bedrock. A limited drilling campaign carried out in 2012 (6 holes totalling 877 metres) tested airborne electromagnetic anomalies located near the boulders but once again failed to discover the source, which thus remains unexplained to this day. However, several other airborne electromagnetic anomalies coinciding with magnetic highs are located up-ice from the boulders (to the southeast) and have never been tested; these represent high-priority targets.
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