Palladium

Midland Exploration Inc. (CVE:MD) reports the discovery of a new mineralized zone with platinum group elements on its Laflamme Property.

Midland Exploration Inc. (TSXV:MD) reports the discovery of a new mineralized zone with platinum group elements  on its Laflamme Property.

The press release is quoted as saying,

Hole LA-11-08, drilled in the northeast part of the property to test a combined magnetic and electromagnetic (VTEM) anomaly, intersected an ultramafic rock sequence about 200 metres thick, which hosted a mineralized interval from 90.6 to 98.6 metres, grading 0.66% Ni, 0.35% Cu, 0.17 g/t Pt, 0.16 g/t Pd, 0.11 g/t Au and 1.4 g/t Ag over 8.0 metres. This zone includes a higher-grade interval, at1.55% Ni, 0.53% Cu, 0.26 g/t Pt, 0.28 g/t Pd, 0.13 g/t Au and 1.9 g/t Ag over 1.6 metres from 91.1 to 92.7 metres. Disseminated, net-textured and locally semi-massive styles of mineralization are observed. This new zone was intersected at shallow depth, i.e. at about 60 metres vertical depth, and remains wide open in all directions. In addition, helicopter-borne magnetic and electromagnetic (VTEM) anomalies associated with the discovery extend over several kilometres and thus represent an extensive prospective area that remains completely untested.

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