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From the Wires
Midland Exploration Inc. Reports New Good Drilling Results on its Maritime Cadillac Gold Property
Midland Exploration Inc. Reports New Good Drilling Results on its Maritime Cadillac Gold Property

By: Marketwire .
Apr. 24, 2007 11:00 AM

MONTREAL, QUEBEC -- (MARKET WIRE) -- 04/24/07 -- Midland Exploration Inc. ("Midland") (TSX VENTURE: MD) is pleased to announce new drilling results by Agnico-Eagle Mines Ltd ("Agnico-Eagle") on its Maritime Cadillac Property. The Maritime Cadillac Property is contiguous to the Lapa gold mine property (proven and probable reserve of 1.15 million ounces) held by Agnico-Eagle. A first diamond drilling program in 2007 was completed recently with drill holes 141-07-03 to 07 (1,832 metres) in the immediate area surrounding the discovery hole 141-06-02 that returned 3.5 g/t Au over 4.9 m (including 8.38 g/t Au over 1.50 m) last fall in the southern portion of the property in a Lapa type mineralized horizon.

Drill holes 141-07-04 and 05 located to the south of drill hole 141-06-02 were the most interesting. Drill hole 141-07-04 intersected good results close to surface with some interesting mineralization similar to hole 141-06-02. This new intersection is located along the western contact of the Piche Group near the Pontiac Group and returned 2.3 g/t Au over 7.5 m (5.3 m true thickness) from 102.0 to 109.5 metres including 9.4 g/t Au over 1.5 m (1.1 m true thickness) from 103.5 to 105.0 metres. Drill hole 141-07-05 intersected narrow silicified and chloritized bands mineralized with pyrite-arsenopyrite similar to and in the same horizon as drill hole 141-06-02 but without significant values. Anomalous gold values including 2.27 g/t Au over 0.80 m were also intersected in hole 141-07-07 along the same gold structure intersected by hole 141-06-02.

Agnico-Eagle is currently compiling all the data on the property and is planning more drilling next month including additional holes in the southern portion of the property underneath drill hole 141-07-04 to test the down plunge extension of the north and south talc-chlorite schist horizon which also hosts the Lapa deposit.

Agnico-Eagle signed an option agreement on June 1, 2006, to acquire a 50% interest in the Maritime Cadillac property by investing $1M in exploration and by making payments totalling $100,000 over a period of 3 years. Agnico-Eagle will have the option to increase its undivided interest in the Property from 50% to 65% over a period of 3 years, by solely financing a bankable feasibility study on the Maritime Cadillac Property or by solely assuming all mining operations on the Maritime Cadillac Property, earning 1% additional interest for every $1,000,000 spent on the property (up to 15% by spending $15 million). Agnico-Eagle is the operator of the project.

Quality Control

Assay samples are taken from BQ drill core sawed in half with one half sent to a commercial laboratory and the other half retained for future reference. Assays were performed by Lab Expert of Rouyn-Noranda. Significant assay results are duplicated at the original laboratory and a second independent laboratory which is ALS Chemex Chimitec of Val-d'Or.

About Midland Exploration

Midland's strategy to discover new gold and base metal deposits is based on Quebec's excellent mineral potential and favourable investment climate. Midland further intends to be pro-active in 2007 in the acquisition of new mineral exploration properties in Quebec. The Company recently acquired 100% interest in the Weedon property and controls more than 30 kilometres of favourable VMS stratigraphy in the volcano-sedimentary belt of Ascot-Weedon. Management is currently considering other opportunities and other projects in order to expand the Company's portfolio.

Gino Roger, P.Eng., is the qualified person who has reviewed the content of this news release.

This press release may contain forward-looking statements that are subject to known and unknown risks and uncertainties that could cause actual results to vary materially from targeted results. Such risks and uncertainties include those described in Midland's periodic reports including the annual report or in the filings made by Midland from time to time with securities regulatory authorities. Midland undertakes no obligation to publicly release the result of any revision of these forward-looking statements to reflect events or circumstances after the date they are made or to reflect the occurrence of unanticipated events.



The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

Contacts:
Midland Exploration Inc.
Gino Roger
President and Chief Executive Officer
514-971-0481
450-419-9422 (FAX)
rogino@videotron.ca
www.explorationmidland.com

Published Apr. 24, 2007
Copyright © 2007 SYS-CON Media, Inc. — All Rights Reserved.
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