• Connect with us
    • Information
      • About Us
      • Contact Us
      • Careers
      • Partnerships
      • Advertise With Us
      • Authors
      • Browse Topics
      • Events
      • Disclaimer
      • Privacy Policy
    • Australia
      North America
      World
    Login
    Investing News NetworkYour trusted source for investing success
    • North America
      Australia
      World
    • My INN
    Videos
    Companies
    Press Releases
    Private Placements
    SUBSCRIBE
    • Reports & Guides
      • Market Outlook Reports
      • Investing Guides
    • Button
    Resource
    • Precious Metals
    • Battery Metals
    • Base Metals
    • Energy
    • Critical Minerals
    Tech
    Life Science
    Gold Market
    Gold News
    Gold Stocks
    • Gold Market
    • Gold News
    • Gold Stocks
    market news

    Midland and SOQUEM Discover a Significant "Syenite-Associated" Gold System (Vortex Zone) East of Detour Lake

    Melissa Shaw
    Jan. 17, 2018 09:52AM PST
    Gold Investing

    Midland Exploration (“Midland”) (TSX VENTURE:MD) is pleased to report the discovery of a significant gold system during its recent drilling campaign completed in the fall of 2017 on the Casault gold project in joint venture (50/50) with SOQUEM (“SOQUEM”). The Casault property consists of 315 claims (173 square kilometres) and covers the Sunday Lake Fault over …

    Midland Exploration (“Midland”) (TSX VENTURE:MD) is pleased to report the discovery of a significant gold system during its recent drilling campaign completed in the fall of 2017 on the Casault gold project in joint venture (50/50) with SOQUEM (“SOQUEM”).
    The Casault property consists of 315 claims (173 square kilometres) and covers the Sunday Lake Fault over more than 20 kilometres strike length, about 40 kilometres east of the Detour Lake mine. This open pit mine hosts mineral reserves estimated at 14.1 million ounces of gold (“Moz Au”) consisting in proven reserves of 87.7 million tonnes grading 1.27 g/t Au for 3.58 Moz Au, and probable reserves of 353.8 million tonnes grading 0.92 g/t Au for 10.49 Moz Au.
    Vortex Zone Highlights

    Over the course of September and October 2017, a diamond drilling campaign consisting of five (5) drill holes with a minimum spacing of 100 metres between drill holes and totalling 1,638.0 metres was completed on the Casault property.
    During this campaign, a significant gold system including four (4) new parallel gold zones, named Vortex 475, 450, 435 and 425, was identified. The envelope encompassing these mineralized zones forms a corridor approximately 50 metres wide.

    Click here to read the full text release. 

    market newsjoint venture
    The Conversation (0)

    Go Deeper

    AI Powered
    Harvest Gold (TSXV:HVG)

    Harvest Gold

    Bold Ventures (TSXV:BOL)

    Bold Ventures

    Latest News

    Angkor Finalizes Disposition of Oyadao North License in Ratanakiri, Cambodia

    Torchlight Innovations Inc. Opens the Market

    Quimbaya Gold Announces Upsize of Bought Deal Financing to $12.5 Million

    1911 Gold to Attend the 51st Annual New Orleans Investment Conference

    Canadian Investment Regulatory Organization Trade Resumption - QIM

    More News

    Outlook Reports world

    Resource
    • Precious Metals
      • Gold
      • Silver
    • Battery Metals
      • Lithium
      • Cobalt
      • Graphite
    • Energy
      • Uranium
      • Oil and Gas
    • Base Metals
      • Copper
      • Nickel
      • Zinc
    • Critical Metals
      • Rare Earths
    • Industrial Metals
    • Agriculture
    Tech
      • Artificial Intelligence
      • Cybersecurity
      • Gaming
      • Cleantech
      • Emerging Tech
    Life Science
      • Biotech
      • Cannabis
      • Psychedelics
      • Pharmaceuticals

    Featured Stocks

    More featured stocks

    Browse Companies

    Resource
    • Precious Metals
    • Battery Metals
    • Energy
    • Base Metals
    • Critical Metals
    Tech
    Life Science
    MARKETS
    COMMODITIES
    CURRENCIES