Midland Exploration Inc. is pleased to report the acquisition, by map designation, of a new property with strong gold potential located near the regional Lower Detour Fault.
This new wholly-owned gold property, named La Peltrie, is located about 25 kilometres east of the Lower Detour area, part of the Detour Lake property held by Detour Gold Corp.. Recently, Detour Gold announced a series of significant drill intersections from the Lower Detour area, which is located about 6 kilometres south of the Detour Lake mine, currently in production and where mineral reserves total 15.5 Moz Au. Recent drill intersections reported in the Lower Detour area include significant gold grades reaching 11.82 g/t Au over 32.40 metres and 12.74 g/t Au over 28.0 metres.
The La Peltrie property comprises 161 claims covering a surface area of about 90 square kilometres and encompasses possible subsidiary faults to the south of the regional Lower Detour Fault over a distance of more than 10 kilometres. In the 1960's, historical drill intersections located about 800 metres east of the property boundary yielded gold values grading up to 3.0 g/t Au over 2.0 metres and 4.0 g/t Au over 0,30 metre, in felsic breccias with pyrite and chalcopyrite mineralization.
This new property is mainly underlain by calc-alkaline mafic to felsic volcanic rocks of the Brouillan Group and tholeiitic mafic rocks of the Fénélon-Brouillan Group. It is located about 25 kilometres northwest of the former Selbaie mine, which historically produced 56.5 Mt of ore grading 1.9% Zn, 0.9% Cu, 38.0 g/t Ag and 0.6 g/t Au. In the western part of the property, tholeiitic mafic to intermediate volcanic rocks of the Enjalran-Bapst Group are intruded by a series of diabase dykes trending north-south. The granodioritic to dioritic Carheil syntectonic pluton lies in the central part of the property.