Midland Exploration Inc. (“Midland”) (TSX VENTURE:MD) and Altius Minerals Corporation (“Altius”) (TSX:ALS) are pleased to announce the results of channel sampling from their Moria nickel and Shire zinc projects in the James Bay area.
As quoted in the press release:
The Shire Project is located in an underexplored area about 80 kilometers east of Nemaska, Quebec. It was initiated following the discovery of a Zn-bearing exhalative horizon in July 2017 (O’Connor showing) that returned up to 7.53% Zn in grab sampling (note that grab samples are selective by nature and values reported may not be representative). Several channel samples were collected at O’Connor in October. The easternmost channel yielded 4.85% Zn over 1.17 m. This includes a section of pyrrhotite-pyrite-sphalerite massive sulfides that yielded 5.46% Zn, 0.11% Cu, 11 g/t Ag over 0.73 m, and a quartz-sphalerite-pyrite exhalite that yielded 3.88% Zn over 0.45 m (note thatall thicknesses reported in this press release are apparent thicknesses; true thicknesses cannot be determined at this time). The zinc-bearing sulfide zone is open to the north (across strike) and east (along strike), under thicker overburden. Other channels to the west sampled intervals of massive pyrrhotite-pyrite as well as a quartz-pyrite exhalite that returned anomalous base metal values. Based on these new results, zinc mineralization at O’Connor is now interpreted as the edge of a volcanogenic massive sulfide (“VMS”) orebody.