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Midland and Wallbridge Intersect New Gold Mineralization at Casault

Midland and Wallbridge Intersect New Gold Mineralization at Casault

米德兰和沃布里奇在卡索特相交新的金矿
GlobeNewswire ·  2021/10/21 06:30

Figure 1

图1

Midland-Wallbridge Casault Option
米德兰-Wallbridge Casault选项

Figure 2

图2

Casault Option - Property Geology
Casault选项-房地产地质

Figure 3

图3

Casault Option - 1st Magnetic Derivative
Casault选项-第一磁导数

MONTREAL, Oct. 21, 2021 (GLOBE NEWSWIRE) -- Midland Exploration Inc. ("Midland") (TSX-V: MD), in partnership with Wallbridge Mining Company Ltd ("Wallbridge"), is pleased to announce the successful completion of an approximately 5,300-metre exploration drill program at its Casault Gold Property ("Casault" or the "Property"), testing various grassroots exploration targets 4 to 12 kilometres west of Wallbridge's Martiniere Gold Project ("Martiniere") and 34 to 41 kilometres west of Wallbridge's flagship Fenelon Gold Property ("Fenelon").

蒙特利尔,2021年10月21日(环球通讯社)-米德兰勘探公司(Midland Explore Inc.)(“米德兰”)(多伦多证券交易所-V:MD),与沃布里奇矿业有限公司合作(“墙桥”),很高兴地宣布其Casault Gold Property约5300米长的勘探钻探项目成功完成(“Casault”或“Property”),在Wallbridge的Martiniere Gold Project(Wallbridge‘s Martiniere Gold Project)以西4至12公里处测试各种草根勘探目标(“马提尼埃”)和Wallbridge旗舰Fenelon Gold Property以西34至41公里处(“菲尼隆”).

The first drill hole (CAS-21-123), for which assay results have been received so far, has intersected new gold mineralization with a visible gold-bearing interval returning 6.85 g/t Au over 2.00 metres from 254.50 to 256.50 metres. This intersection is considered significant, as it is located in the northern, largely untested part of the Casault property, where no gold zone has been known so far, approximately 2 kilometres from the nearest anomalous gold intersections both on the Casault and Martiniere properties.

到目前为止,已收到化验结果的第一个钻孔(CAS-21-123)与新的金矿化相交,并有一个可见的含金间隔返回。2.00米以上6.85克/吨Au从254.50米到256.50米。这一交叉路口被认为意义重大,因为它位于Casault矿藏的北部,基本上未经测试,目前还没有发现金矿带,距离Casault和Martiniere矿藏最近的异常金矿交汇处约2公里。

"This intersection of encouraging gold mineralization in the first drill hole of our Casault program in an entirely grassroots area is not only a testament to our growing understanding of the regional controls on gold deposition in the Detour-Fenelon area but also to the prospectivity of the over 900 square kilometer land package along this underexplored belt," stated Marz Kord, President & CEO of Wallbridge. "We are keenly awaiting the assay results of other completed holes and are looking forward to following-up this intersection, working toward a discovery at Casault, near our existing Martiniere gold deposit."

Wallbridge总裁兼首席执行官Marz Kord表示:“在我们的Casault项目的第一个钻孔中,在一个完全草根地区鼓励金矿成矿的交汇点,不仅证明了我们对Detour-Fenelon地区金矿沉积的区域控制日益加深的理解,也证明了这条未被勘探的地带沿线超过900平方公里的土地的前景,”Wallbridge总裁兼首席执行官Marz Kord说。我们正在热切地等待其他已完成钻孔的化验结果,并期待着在这个交叉点的后续工作,努力在我们现有的马提尼埃金矿附近的卡索特发现一个新的矿藏。“

Drill Program Completed

演练程序已完成

Between July and September 2021, Wallbridge completed a drill program totaling 13 drill holes, testing a variety of grassroots exploration targets at Casault. Drilling has focused on the unexplored northern part of the Property, within 1 to 2 kilometres north of the Sunday Lake Deformation Zone ("SLDZ"), on the same assemblage of rocks that also host Wallbridge's Martiniere gold system, 5 kilometres east of the closest target tested in the 2021 program, which hosts historic indicated resources of approximately 591,000 gold ounces with an updated resource estimate currently underway.

2021年7月至9月,沃尔布里奇完成了一项总计13个钻孔的钻探计划,测试了卡索特的各种基层勘探目标。钻探主要集中在该地产未勘探的北部,距离周日湖形变区以北1至2公里(“SLDZ”),位于Wallbridge的Martiniere金矿系统所在的同一岩石组合上,位于2021年计划中测试的最近目标以东5公里处,该计划拥有约591,000金盎司的历史指示资源量,目前正在进行最新的资源量估计。

Hole CAS-21-123, the first drill hole of the program, was testing a prominent NW-SE oriented structure interpreted from airborne magnetics. This structural orientation is known to control gold mineralization at Fenelon and Martiniere, and a series of large structures of this trend also transects the Casault property. The particular structure tested by CAS-21-123 extends for an approximately 8 kilometres across Wallbridge's Martiniere, Casault and Doigt properties and was historically tested by one drill hole on Martiniere, yielding 30.40 g/t Au over 0.44 metre, which has not been followed-up since.

CAS-21-123孔是该计划的第一个钻孔,它正在测试从航空磁学解释的一个突出的西北-东南向结构。众所周知,这一构造方向控制着费内隆和马提尼埃的金矿化,一系列具有这种趋势的大型构造也横切了卡索特的财产。CAS-21-123测试的特殊结构延伸约8公里,横跨Wallbridge的Martiniere、Casault和Digt属性,并曾在Martiniere上通过一个钻孔进行历史测试,在0.44米以上开采出30.40克/吨的Au,此后一直没有跟进。

The intersection of 6.85 g/t Au over 2.00 metres in CAS-21-123 is associated with a mineralized zone consisting of chalcopyrite, pyrite, pyrrhotite, and electrum, a gold-silver mineral phase, within deformed and heavily carbonate-altered host rocks.

的交集2.00米以上6.85克/吨Au在CAS-21-123中,黄铜矿、黄铁矿、磁黄铁矿和金银矿物相组成的矿化带与变形和严重碳酸盐蚀变的寄主岩石中的金银矿物相有关。

The other 12 drill holes of the completed program have also intersected strong shear and alteration zones with sulfide mineralization that are interpreted to potentially be part of gold-bearing systems. Assay results of these drill holes are currently pending and will be released as they become available. A technical meeting will be held in the following weeks to discuss the next follow-up program over this new gold bearing zone.

已完成项目的其他12个钻孔也与硫化物矿化的强烈剪切和蚀变带相交,据解释,这些带可能是含金系统的一部分。这些钻孔的化验结果目前尚待公布,一旦公布就会公布。在接下来的几周内,将召开一次技术会议,讨论这一新的含金区的下一个后续计划。

Cautionary statements

警告性声明

The true thickness of reported intervals cannot be determined with the information currently available; intervals are thus reported in core length.

报告的间隔的真实厚度不能用当前可用的信息来确定;因此,间隔是以岩心长度报告的。

Mineralization occurring on the Fenelon Gold and Martiniere/Bug Lake projects held by Wallbridge are not necessarily indicative of mineralization that may be found on the Casault property held by Midland.

在Wallbridge持有的Fenelon Gold和Martiniere/Bug Lake项目上发生的矿化并不一定表明可能在Midland持有的Casault地产上发现了矿化。

Casault Gold Property

Casault Gold属性

The Casault property is located approximately 110 kilometres west of the town of Matagami, between Wallbridge's Martiniere and Detour East gold properties. Wallbridge has an option to acquire up to a 65% interest in the 177 km2 project from Midland Exploration (see Wallbridge News Release dated June 18, 2020). Casault covers more than 20 kilometres of the SLDZ, along which Wallbridge's Martiniere and Fenelon gold deposits are located and which also hosts Kirkland Lake Gold's world-class Detour Lake Mine.

卡索特金矿位于马塔阿米镇以西约110公里处,位于沃布里奇的马提尼埃和德图尔东部金矿之间。沃尔布里奇有权获得177公里的高达65%的权益2米德兰勘探公司的项目(参见2020年6月18日的Wallbridge新闻发布)。Casault覆盖了SLDZ的20多公里,Wallbridge的Martiniere和Fenelon金矿位于SLDZ沿线,这里还拥有柯克兰湖黄金公司的世界级迂回湖矿。

The Casault property also hosts the Vortex Zone, a syenite-associated disseminated gold system with drill hole intersections grading up to 1.38 g/t Au over 26.5 metres that was traced over a distance of 1.5 kilometre.

Casault地产还拥有涡旋区(Vortex Zone),这是一个与正长岩相关的浸染型金矿系统,钻孔交叉点的Au品位高达1.38克/吨,超过26.5米,被追踪的距离为1.5公里。

Assay QA/QC

化验QA/QC

Drill core samples from the 2021 drill program at Casault were cut and bagged on site and transported to AGAT Laboratories Ltd. for analysis. Samples are crushed to 75% less than 2mm. A 250g riffle split is pulverized to 85% passing 75 microns. 50g samples are analyzed by fire assay and AAS. Samples >10g/t Au are automatically analyzed by fire assay with gravimetric finish or screen metallic analysis. To test for coarse free gold and for additional quality assurance and quality control, Wallbridge requests screen metallic analysis for samples containing visible gold. These and future assay results may vary from time to time due to re‒analysis for quality assurance and quality control.

卡索特2021年钻探项目的钻芯样本被现场切割并打包,然后运往AGAT实验室有限公司进行分析。样品被粉碎到小于2 mm的75%。通过75微米,250克来福枪劈裂的粉碎率为85%。(工业和信息化部电子科学技术情报研究所陈皓)对50g样品进行了火焰分析和原子吸收光谱分析。>10g/t Au的样品可通过重量分析火试金或筛分金属分析自动进行分析。为了测试粗游离金以及额外的质量保证和质量控制,Wallbridge要求对含有可见金的样品进行筛查金属分析。由于对质量保证和质量控制的重新分析,这些和未来的化验结果可能会随时间而不同。

About Wallbridge

关于沃尔布里奇

Wallbridge is currently advancing the exploration and development of its 100%‒owned Fenelon Gold property located along the Detour‒Fenelon Gold Trend, an emerging gold belt in northwestern Québec. The Company completed approximately 102,000 metres of drilling in 2020 and is currently conducting a fully‒funded 2021 program of approximately 150,000-170,000 metres of drilling and 2,500 metres of underground exploration development (Phase 1 of a 10,000‒metre program). The Company intends to complete a maiden mineral resource estimate on the Fenelon Gold System in October 2021.

Wallbridge目前正在推进位于魁北克西北部新兴金矿带Detour-Fenelon Gold Trend沿线拥有100%股权的Fenelon Gold矿藏的勘探和开发工作。该公司于2020年完成了约102,000米的钻井,目前正在进行一项全额资助的2021年计划,即大约150,000-170,000米的钻探和2500米的地下勘探开发(10,000米计划的第一阶段)。该公司打算在2021年10月完成对菲尼隆黄金系统的首次矿产资源评估。

Wallbridge now holds several kilometres surrounding its rapidly expanding Fenelon discovery providing room for growth, as well as future mine development flexibility. Wallbridge's land holdings in Québec along the Detour‒Fenelon Gold Trend total more than 900.0 km2, improving Wallbridge's potential for further discoveries along a 90‒kilometre strike length in this underexplored belt.

Wallbridge目前在其快速扩张的Fenelon发现周围有几公里的距离,这为其提供了增长空间,以及未来矿山开发的灵活性。Wallbridge在魁北克沿迂回-菲尼隆金矿趋势的土地持有量总计超过900.0公里2,提高了Wallbridge在这条未被勘探的地带沿90公里走向进一步发现的潜力。

Wallbridge is also the operator of, and a 17.8% shareholder in, Lonmin Canada Inc., a privately‒held company with a portfolio of nickel, copper, and platinum‒group metals (PGM) projects in Ontario's Sudbury Basin.

Wallbridge也是Lonmin Canada Inc.的运营商和17.8%的股东,Lonmin Canada Inc.是一家私人持股公司,在安大略省萨德伯里盆地拥有镍、铜和铂族金属(PGM)项目组合。

About Midland

关于米德兰

Midland targets the excellent mineral potential of Quebec to make the discovery of new world-class deposits of gold, platinum group elements and base metals. Midland is proud to count on reputable partners such as Wallbridge Mining Company Ltd BHP Canada Inc., Probe Metals Inc., Agnico Eagle Mines Limited, Osisko Development Corp., SOQUEM Inc., Nunavik Mineral Exploration Fund, and Abcourt Mines Inc. Midland prefers to work in partnership and intends to quickly conclude additional agreements in regard to newly acquired properties. Management is currently reviewing other opportunities and projects to build up the Corporation portfolio and generate shareholder value.

米德兰瞄准魁北克极佳的矿产潜力,以发现新的世界级金矿、铂族元素和贱金属。米德兰公司很自豪能依靠一些信誉良好的合作伙伴,如Wallbridge矿业有限公司、必和必拓加拿大公司、Probe Metals公司、Agnico Eagle Mines有限公司、Osisko开发公司、SOQUEM公司、努纳维克矿物勘探基金公司和AbCourt Mines公司。米德兰公司更愿意合作,并打算迅速就新收购的物业达成更多协议。管理层目前正在审查其他机会和项目,以建立公司投资组合并创造股东价值。

This press release was prepared by Mario Masson. P.Geo., VP Exploration for Midland and Qualified Person as defined by NI 43-101 in conjunction with Wallbridge technical team.

本新闻稿由马里奥·马森(Mario Masson)准备。P.Geo,米德兰勘探副总裁,NI 43-101与Wallbridge技术团队共同定义的合格人员。

For further information, please consult Midland's website or contact:

欲了解更多信息,请咨询米德兰公司的网站或联系方式:

Gino Roger, President and Chief Executive Officer
Tel.: 450 420-5977
Fax: 450 420-5978
Email : info@midlandexploration.com
Website: https://www.midlandexploration.com/

总裁兼首席执行官吉诺·罗杰电话:450420-5977传真:450420-5978电邮:邮箱:info@midlandexploration.com网址:https://www.midlandexploration.com/

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

多伦多证券交易所创业板交易所及其监管服务提供商(该术语在多伦多证券交易所创业板政策中定义)均不对本新闻稿的充分性或准确性承担责任。

This press release may contain forward-looking statements that are subject to known and unknown risks and uncertainties that could cause actual results to vary materially from targeted results. Such risks and uncertainties include those described in Midland's periodic reports including the annual report or in the filings made by Midland from time to time with securities regulatory authorities.

本新闻稿可能包含受已知和未知风险和不确定性影响的前瞻性陈述,这些风险和不确定性可能导致实际结果与目标结果大不相同。这些风险和不确定性包括米德兰公司定期报告(包括年度报告)或米德兰公司不时向证券监管机构提交的文件中描述的风险和不确定性。

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