- Midland Resources (MD) is set to resume drilling on its Casault Project in Quebec
- Drilling will follow up on the new gold discovery made in 2021 in the north part of the Casault Project
- The drilling program will begin late March and will consist of three drill holes totalling approximately 1,100 metres
- Two holes will be drilled in the immediate vicinity of the discovery hole and a third hole will be collared approximately one kilometre to the southeast, along the same structure
- Midland Resources is up 4.00 percent, trading at $0.52 at 12:12 p.m. ET
Midland Resources (MD) is set to resume drilling on its Casault Project in Quebec.
The new drilling campaign will follow up on the new gold discovery made in 2021 in the north part of the Casault Project.
The new discovery was made along a NW-SE-trending structure, approximately five kilometres west of the Martiniere Gold Project, held by Wallbridge.
The drilling program will begin late March and will consist of three drill holes totalling approximately 1,100 metres, mainly designed to test the continuity and validate the orientation of the gold zone intersected in discovery hole.
Two holes will be drilled in the immediate vicinity of the discovery hole and a third hole will be collared approximately one kilometre to the southeast, along the same structure
The first hole drilled during the 2021 campaign intersected new gold mineralization with a visible gold-bearing interval.
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-percent% interest in the 177-kilometre project from Midland Exploration.
Midland Resources is up 4.00 percent, trading at $0.52 at 12:12 p.m. ET.
