Blanche and Charles
These projects are adjacent to the Mythril high-grade copper-gold-molybdenum-silver discovery of Midland Exploration Inc. (see Midland’s press release dated November 6, 2018). The samples on the Mythril discovery are selected samples. The grades obtained are not necessarily representative of the mineralization hosted on the project. BHP Billiton Canada Inc. has recently made an investment of $ 5.9 M in Midland to fund drilling of the Mythril discovery.
The Blanche project (256 claims, 131 km2, NTS 33/G9 and 33/G10, Figures below) is located at kilometre 230 of the Trans-Taïga Road. The Trans-Taïga Road extends east from the James Bay Road at kilometre 544.
This project consists of a volcano-sedimentary belt striking ENE, present within a tonalite, quartz monzodiorite and granite intrusive domain. Quartz-feldspar porphyry dykes are present within the tonalite and granodiorite intrusions. The volcano-sedimentary belt consists of an horizon of amphibolitized basalt interlayered with ultramafic rocks, banded iron formations and wackes. Sulphides (pyrite, pyrrhotite, arsenopyrite and chalcopyrite) are observed locally and reach up to 10% in volume.
Prospecting and selected grab sampling were completed in 2017. A total of 221 samples were collected systematically along lines spaced 400 m apart. The highest sample values are for copper : 0.31%, 0.29%, 0.10% and 0.10%; and for gold: 0.20 g/t, 0.19 g/t and 0.13 g/t. The values range from below detection limit to 0.31% for copper and to 0.20 g/t for gold. The averages are 0.02% for copper and 0.01 g/t for gold. The samples are selected samples. The grades obtained are not necessarily representative of the mineralization hosted on the project.
The Charles project (61 claims, 31 km2, NTS 33H12) is located approximately 15 km east of the Blanche project, along the Trans-Taïga Road. This project has a similar geological setting. It consists of a NE-striking horizon of amphibolitized basalt interbedded with banded iron formations and biotite-garnet paragneiss bands. Ultramafic rocks have been observed. Linear magnetic highs have been identified in the SE portion of the project and show a spatial correlation with the iron formations. Field reconnaissance work will be carried out in 2019 to further validate the copper-gold potential of both projects.