Kaniago discovery hole KNRC-001A returns positive drill results
May 2, 2011
TORONTO, CANADA: Monday, May 2nd, 2011: Midlands Minerals Corporation (“Midlands” or the “Company”) is pleased to report Reverse Circulation (RC) drill results from the Kaniago West Zone, which is one of three zones targeted for drilling at Kaniago. Drilling was initiated on March 28th, 2011 on the Kaniago West Zone, and ten holes to a depth of 150 metres were completed by April 17th, 2011. The Mmooho Zone, which is on strike to the northeast, is now being drilled. Both the Kaniago West and Mmooho Zones occur along the multimillion-ounce Abore-Keegan Gold Trend. Please refer to the News Release “Drilling for Gold on Kaniago” dated March 7th, 2011.
To view the map, please click here.
Hole KNRC-001A is located on the northernmost edge of the 400-metre long gold soil anomaly, and is the first hole Midlands drilled on the Kaniago property. As such, it is a new discovery for Midlands. Tom Neelands, P.Geo. and VP Exploration said: “This is the first of ten RC (Reverse Circulation) holes drilled on the Kaniago West target, and we are pleased that this first hole drilled on the northern edge of the anomaly has returned good gold assays. The results from the remaining nine Kaniago West holes are pending.”
| Results of KNRC-001A (Cut-Off Is 0.5 g/t Au) | ||||
| From (m) | To (m) | Interval (m) | Au g/t | |
| 0.00 | 1.00 | 1.00 | 0.54 | |
| 12.00 | 15.00 | 3.00 | 1.14 | |
| 19.00 | 23.00 | 4.00 | 0.96 | |
| 24.00 | 30.00 | 6.00 | 0.83 | |
| Including | 21.00 | 22.00 | 1.00 | 1.37 |
| 51.00 | 56.00 | 5.00 | 1.27 | |
| Including | 51.00 | 52.00 | 1.00 | 2.10 |
| 118.00 | 119.00 | 1.00 | 0.53 | |
| 122.00 | 123.00 | 2.00 | 0.67 | |
| 132.00 | 133.00 | 1.00 | 0.57 | |
| 135.00 | 137.00 | 2.00 | 0.77 | |
| 144.00 | 145.00 | 1.00 | 0.62 | |
| 149.00 | 150.00 | 2.00 | 1.01 | |
Quality Assurance and Quality Control
Core samples are generally taken at one-metre intervals, with exceptions varying from 0.3 to 1.5 metres due to the expected grade of the mineralisation. With core drilling, sampling is completed with a diamond saw to cut the core in half: one half is sent to the laboratory, and the other half is stored for future reference, in case resampling is required. All of the core and the portions sampled are logged in the field at the core warehouse. With Reverse Circulation (RC) drilling, the chips are split on site into two 2-kilogram samples, where one is kept for reference and the other is sent to a qualified laboratory. A three-tablespoon portion of the 1.0 metre sample is screened to greater than 1 mm, washed, logged and stored in plastic trays for reference.
All core and RC samples were sent to Intertek Laboratory in Tarkwa, Ghana, where they were assayed using standard 50-gram fire assay with atomic absorption finish. Quality control included the submission of blanks and standards, which represented 10% of the total samples submitted. Intercepts shown above were calculated using a minimum of a 0.5 g/t cut-off.
All holes at Kaniago West were drilled at an angle of 90o to the deposit trend. The minus 55 degree dips of the hole were planned to intersect at a specific vertical depth. Due to the shortness of the RC holes (150 metres), no down-hole surveys were completed.
The technical information in this news release has been reviewed by Tom Neelands, P.Geo., a Qualified Person under National Instrument 43-101, and David Groves, Ph.D., a Technical Advisor to Midlands Minerals Corporation.
For further information, please contact:
Kim Harris, President and CEO
1210 Sheppard Avenue East, Suite 302
Toronto, Canada M2K 1E3
Tel: + 1 416 492 6992
CEO Direct Line: + 1 416 447 6882
Fax: + 1 416 492 6993
E-Mail: info@midlandsminerals.com
Website: www.midlandsminerals.com
The TSX Venture Exchange and the OTCQX have not reviewed this news release and do not accept responsibility for the adequacy or accuracy of the content of this news release.
Certain statements contained in this news release constitute forward-looking statements. Such forward-looking statements involve a number of known and unknown risks, uncertainties and other factors, which may cause the actual results, performance or achievements of the Company to be materially different from actual results and achievements expressed or implied by such forward-looking statements. Forward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations or intentions regarding the future. No assurance can be given that any of the events anticipated by the forward-looking statements will occur or, if they do occur, what benefits the Company will obtain from them. These forward-looking statements reflect management's current views and are based on certain expectations, estimates and assumptions, which may prove to be incorrect.
The Company adds a cautionary statement to the effect that the potential quantity and grades that may be referred to in this press release are conceptual in nature. There has been sufficient exploration to evaluate a mineral resource. However, the Company is uncertain if further exploration will result in a mineral reserve. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date the statements were made. Readers are also advised to consider such forward-looking statements while considering the risks inherent in the business of mineral exploration. For more information, investors should review the Company's filings that are available at www.sedar.com.