Midland Resumes Drilling on Maritime-Cadillac
MONTREAL - Midland Exploration Inc. reported that the drilling program on Maritime-Cadillac, which was initially planned in March but had to be suspended due to mandatory confinement measures related to the COVID-19 pandemic, has resumed. The Maritime-Cadillac property is a joint venture between Agnico Eagle Mines Limited (51%) (“Agnico Eagle”) and Midland (49%) and is located along the Cadillac Break. This new drilling program will include a drill hole totaling 850 meters in length, designed to test the down-plunge extension of the Dyke East zone at a vertical depth of 600 meters.
Another hole, totaling 400 meters in length, will be drilled to test two parallel gold-bearing zones (the South and North zones), previously intersected in a drill hole south of the Maritime-Cadillac zone, in a historically under-explored area. A second phase of drilling totaling 400 meters has been planned contingent on the results of the first phase. This drilling campaign totaling 1,650 meters has just started.
The proposed drilling program for the Dyke East zone includes an 850-meter-long drill hole targeting the depth extension (at 600 meters vertical depth) down-plunge from a few historical drill holes that yielded gold-bearing intervals over significant widths. Drill hole 141-10-23 yielded a grade of 1.7 g/t Au over 37.85 meters, from 311.25 to 349.10 meters depth, including 12.6 g/t Au over 1.5 meter, from 329.0 to 330.5 meters depth. In addition, drill hole 141-11-31, testing more than 100 meters below hole 141-10-23, intersected an interval grading 1.7 g/t Au over 46.4 meters, from 399.0 to 445.4 meters depth, including 21.0 g/t Au over 1.2 meters, from 412.8 to 414.0 meters depth.
Note that the Dyke East zone is characterized by a felsic dyke swarm hosted in schists of the Piche Group. Area south of the Maritime-Cadillac zone
A 400-meter-long drill hole is proposed to test a significant gap located between the Maritime-Cadillac zone and an area previously drill-tested by Agnico Eagle in 2006-2007 in the south part of the property, where gold-bearing intervals grading 9.4 g/t Au over 1.1 meter and 8.4 g/t Au over 1.1 meter (true thicknesses) were reported.
The target area is located approximately 400 metres south of the Maritime-Cadillac zone and is proximal to a structural feature (fold nose). The drill hole is designed to test two known zones (the South and North zones) at vertical depths of 100 and 200 metres respectively.