Correction to the release sent this morning at 8:30 AM EDT. The ticker symbol should have read 'MD' instead of 'MEX'. The corrected version follows
MONTREAL, QUEBEC -- (Marketwire) -- 09/08/11 -- Midland Exploration Inc. ('Midland') (TSX VENTURE: MD) is pleased to announce the acquisition by map designation of a new property with strong gold potential, which hosts, over more than 10 kilometres strike length, several gold showings with historical drill intercepts. The Valmond Property is located about 50 kilometres west of Matagami and consists of 76 map-designated cells covering a surface area of about 42 square kilometres, in the Abitibi region of Quebec. The Douay gold deposit, which hosts 1.885 million gold ounces in inferred resources and 265,000 gold ounces in indicated and measured resources (Source: NI 43-101 Report; S.E.M. Vior Inc. website) and the Vezza gold deposit, where indicated and measured resources are estimated at 320,900 gold ounces, with 102,100 gold ounces in inferred resources (Source: North American Palladium Ltd press release dated July 12, 2011), are respectively located about 8 kilometres south and 30 kilometres southeast of the Valmond Property. Further west, the former Selbaie mine, with a historical production of 47.3 million tonnes grading 1.92% Zn, 0.98% Cu, 40.6 g/t Ag, and 0.6 g/t Au, is located about 35 kilometres from the property.
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