Midland and Wallbridge Commence Drilling on the Casault Property

Midland Exploration Inc.
Midland Exploration Inc.
Midland Exploration Inc.
3 min read

In This Article:

Figure 1

Midland-Wallbridge Casault Option
Midland-Wallbridge Casault Option

Figure 2

Sonic Drilling-Gold Grain Count
Sonic Drilling-Gold Grain Count

Figure 3

Drill Holes Location over Mag
Drill Holes Location over Mag

MONTREAL, Sept. 24, 2024 (GLOBE NEWSWIRE) -- Midland Exploration Inc. (“Midland”) (TSX-V: MD), in partnership with Wallbridge Mining Company Ltd (“Wallbridge”), is pleased to announce the commencement of a diamond drilling campaign in the eastern part of the Casault gold property.

Highlights:

  • Five (5) holes, 1,100m drilling program underway;

  • Regional and structural mapping conducted in the summer of 2024;

  • New prospective yet unexplored area north of the Sunday Lake Fault with up to 112 gold grains found in till, including 97 pristine grains;

  • More than 15 new exploration targets generated, including a new structural interpretation and new drilling targets at Vortex.

Diamond Drilling

A drilling campaign totalling 1,100 m in five (5) drill holes was launched in September. The drill holes will focus on a new prospective, yet unexplored area located north, “up-ice” from the gold-in-till anomaly (97 pristine grains) detected in hole CSS-23-018 during the overburden drilling program conducted in 2023. This target corresponds to a magnetic low (possible alteration zones) that extends along a northwest-trending subsidiary fault extending from the north break along the main Sunday Lake Deformation Zone. This important structure is a first order metallotect to which are associated the Detour Lake gold mine in Ontario and the Fenelon Gold and Martiniere gold deposits in Quebec. The new high-priority target is favourably located, approximately 18 kilometres west of the Fenelon Gold deposit held by Wallbridge.

In addition, regional-scale geological and structural mapping were conducted this summer over a total of eight (8) days at Casault West and Casault East, in order to assess regional structures and potential mineralization a) adjacent to the Martiniere property, b) adjacent to the Turgeon Pluton, and c) in the sedimentary basin on Casault East.

Casault Gold Property

The Casault gold property, which comprises the Casault West and Casault East mineral claim blocks, is located approximately 110 kilometres west of the town of Matagami, between Wallbridge’s 100% owned Martiniere and Detour East gold properties. Wallbridge has an option to acquire up to a 65% interest in the 177 km2 Casault property from Midland Exploration (see press release by Midland dated June 18, 2020). Casault covers more than 20 kilometres of the Sunday Lake Deformation Zone, along which the Martiniere and Fenelon Gold deposits held by Wallbridge are located and which also hosts the world-class Detour Lake mine held by Agnico Eagle Mines Limited.

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