MIDLAND EXPLORATION INC. March 2018 Agnico Eagle Midland Exploration Maritime Cadillac JV Project
Ontario Quebec N Mafic Volcanics Felsic Volcanics Ultramafics Sediments Mafic Intrusives Felsic Intrusives DETOUR LAKE Reserves of 15.5 Moz Au Midland La Peltrie Project (Au) LOCATION MARITIME-CADILLAC PROJECT CASA BERARDI (Hist. Production) > 2 Moz Au Midland / Soquem Casault Project (Au) SELBAIE Midland Adam Project (Cu-Au) Midland / Soquem Jouvex Project (Au) GEANT DORMANT (Hist. Production) > 1 Moz Au Midland Samson Project (Ni-Cu-PGE & Au) Midland Valmond Project (Au) DOUAY PROJECT MATAGAMI CAMP VEZZA PROJECT Midland/Abcourt Laflamme JV (Au-Ni-Cu-PGE) COMTOIS Inferred Resource 43-101 of 1.2 Moz Au TIMMINS (Hist. Production) > 70 Moz Au HOLLOWAY MCDERMOTT (Hist. Production) 3.8 Moz Au BEATTIE & DONCHESTER (Hist. Production) 1.5 Moz Au Destor-Porcupine Fault Zone Midland/Teck Patris Project (Au) Midland/Agnico Eagle Maritime Cadillac JV (Au) KIRKLAND LAKE / LARDER LAKE (Hist. Production) 38.8 Moz Au Larder Lake-Cadillac Break Midland Héva New Project (Au) Midland Gold Projects ROUYN-NORANDA (Hist. Production) 19.5 Moz Au Gold Camps, Mines & Projects Warning : The historical productions (onces of gold) indicated on this figure represents only estimates and are not 43-101 compliant. DOYON BOUSQUET (Hist. Production) > 25 Moz Au MALARTIC Proven & Probable Reserves 43-101 of 10.7 Moz Au 0 VAL D OR (Hist. Production) 18.4 Moz Au 50 kilometers 100
MIDLAND-AGNICO AGREEMENT Agnico Eagle fulfilled all its obligations under the June 1, 2006 agreement and has acquired a 50% undivided interest in the Maritime-Cadillac property. Agnico Eagle paid $100,000 and completed $1,000,000 of exploration work from fiscal 2006 to fiscal 2009 Agnico Eagle is currently increasing its share in the Maritime-Cadillac property to 65%, by spending $1M in exploration per each additional percent, for a total of $16M to reach 65% interest. Agnico Eagle s interest is currently ay 51%. Agnico Eagle is the project manager. Agnico Eagle contributed $200,000 to Midland s first public offering in 2007.
Midland Agnico Eagle Discoveries Lapa Mine Hole 141-11-31 (Dyke East) 1.70 g/t Au over 46.40 m Incl.:21.1 g/t Au over 1.2 m and : 3.0 g/t Au over 5.2 m and : 4.5 g/t Au over 3.4 m Hole 141-10-23 (Dyke East) 1.70 g/t Au over 37.85 m Incl.:2.3 g/t Au over 24 m Inc.: 12.6 g/t Au over 1.5 m Hole 141-10-26 (Dyke West) 8.6 g/t Au over 5.5 m Incl.:13.8 g/t Au over 3.0 m HOLE 141-13-35 (Dyke West) 1.5 g/t Au over 18.9 m Incl. 1.85 g/t Au over 12.9 m 2006-2007 9.4 g/t Au over 1.1 m 8.4 g/t Au over 1.1 m Exploration Drift Hole 141-09-21 (Dyke East) 18.5 g/t Au over 1.0 m And 1.1 g/t Au over 25.9 m Incl.: 1.9 g/t Au over 11.0 m Incl.: 4.7 g/t Au over 1.50 m Hole 141-08-14B (Maritime CE) 3.30 g/t Au over 6.50 m (TW) Including 6.11 g/t Au over 2.50 m (TW) Hole 141-08-15 (Dyke East) 3.46 g/t Au over 5.50 m Including 4.73 g/t Au over 1.50 m Hole 141-17-36 (M-Cadillac) 1.46 g/t Au over 31.6 m Including 2.2 g/t Au over 15.6 m
Maritime-Cadillac Showing
Maritime-Cadillac Showing N MARITIME-CADILLAC SHOWING Hole 141-17-36 (M-Cadillac) 1.46 g/t Au over 31.6 m Including 2.2 g/t Au over 15.6 m S -100 m New Interpreted plunge -200 m New Drilling Target Historical ddh s Grade (g/t Au) x Thickness (m) 1-5 Grade (g/t Au) x Thickness (m) 5-20 Grade (g/t Au) x Thickness (m) 20-50 Grade (g/t Au) x Thickness (m) > 50-300 m Maritime-Cadillac Showing Longitudinal Section Looking East
Maritime-Cadillac Showing Hole 141-17-36 (M-Cadillac) 1.46 g/t Au over 31.6 m Including 2.2 g/t Au over 15.6 m Including 5.7 g/t Au over 0.6 m And 4.3 g/t Au over 0.9 m
Maritime-Cadillac Showing Altered (Si +/- Biotite +Py +/- Aspy) Felsic Dyke
EW Fault Maritime Dyke West S N -100 m 1.85 g/t Au over 8.05 m incl. 4.3 g/t Au over 1.5 m 141-08-18 Maritime-Cadillac JV Agnico-Eagle (Lapa) -200 m -300 m -400 m 141-10-27 LV 8.6 g/t Au over 5.5 m incl. 13.8 g/t Au over 3.0 m 141-11-32 141-10-26 LV OPEN 141-11-30 141-09-22A LV LV -500 m -600 m HOLE 141-13-35 1.5 g/t Au over 18.9 m Incl.:1.85 g/t Au over 12.9 m 141-13-35-700 m Longitudinal Section Maritime Dyke West Looking West OPEN 0 200 m
Dyke West Zone Hole 35 Qtz+Albite +Py(#35) Qtz+Albite alteration (#35)
Maritime 2012 Drill holes Hole 141-12-33 (Dyke East) 2.7 g/t Au over 5.9 m Incl.: 5.4 g/t Au over 2.5 m 141-12-33 Hole 141-12-34A (Dyke East) 1.2 g/t Au over 8.7 m Incl.: 2.2 g/t Au over 4.1 m 141-12-34A
Maritime 2010-11 Discoveries Hole 141-11-31 (New structure) 2.2 g/t Au over 1.5 m 141-11-28 Hole 141-10-23 (Dyke East) 1.7 g/t Au over 37.85 m Incl.:2.3 g/t Au over 24.0 m Inc.: 12.6 g/t Au over 1.5 m ddh 2011 ddh 2010 141-11-31 Hole 141-10-26 (Dyke West) 8.6 g/t Au over 5.5 m Incl.:13.8 g/t Au over 3.0 m Hole 141-11-31 (Dyke East) 1.7g/t Au over 46.4 m Incl.:21.1g/t Au over 1.2 m and: 3.0 g/t Au over 5.2 m and: 4.5 g/t Au over 3.4 m 141-11-30 141-11-32
Maritime Dyke East S -100 m -200 m -300 m -400 m -500 m -600 m 2012 RESULTS 141-10-27 LV 141-10-25 LV 3.46 g/t Au / 5.5 m 1.14 g/t Au / 7.05 m OPEN 2.7 g/t Au / 5.3 m incl. 5.4 g/t Au / 2.5 m 1.1 g/t Au / 8.7 m incl. 2.2 g/t Au / 4.1 m 0.50 g/t Au / 3.9 m 2.4 g/t Au / 1.5 m 15 18A 12 17 0.47 g/t Au / 5.8 m 34A 13 21 Maritime-Cadillac JV 20 0.92 g/t Au / 5.05 m 33 31 23 19 24 28 N Agnico-Eagle (Lapa) 0.72 g/t Au / 1.0 m 1.7 g/t Au / 37.85 m incl. 2.3 g/t Au / 24.0 m incl. 12.6 g/t Au / 1.5 m 0.5 g/t Au / 2.8 m 3.2 g/t Au / 2.0 m 0.4 g/t Au / 37.7 m Incl. 5.0 g/t Au / 1.6 m 1.7 g/t Au / 46.4 m incl. 21.1 g/t Au / 1.2 m -700 m Longitudinal Section Dyke East Looking West 0.8 g/t Au / 15.7 m Incl. 2.8 g/t Au / 3.8 m 26 OPEN 18.5 g/t Au / 1.0 m 22A 1.0 g/t Au / 7.0 m 1.1 g/t Au / 25.9 m incl. 1.9 g/t Au / 11.0 m 0 200 m Note: Dyke East and Dyke East V3 zones have been combined following results in hole 31
Dyke East Zone Hole 33 & 34A Diss.Py in altered dyke (#33) Qtz+Ser in altered dyke (#33) Gold Grains (#33) Qtz+Albite alteration (#34A)
Dyke East Zone Hole 31 Aspy Visible Gold Grains
Dyke East Zone Hole 23
Maritime Contact East EW Fault S -100 m -200 m -300 m -400 m -500 m OPEN Maritime-Cadillac MARITIME-CADILLAC 141-10-27 2.4 g/t Au / 1.2 m VC-16 Low values VC-10 3.3 g/t Au / 14.7 m incl. 6.1 g/t Au / 5.7 m 141-08-14B 141-08-15 141-08-13 141-10-25 Low values 141-08-18A Low values 0.74 g/t Au / 7.2 m incl. 1.2 g/t Au / 3.2 m VC-9 141-08-12 141-08-17 1.9 g/t Au / 2.3 m Low values 1.29 g/t Au / 2.45 m Maritime-Cadillac JV 141-09-20 141-09-19 Low values 0.24 g/t Au / 29.7 m 141-10-23 Low values Low values 141-10-24 Low values N Agnico-Eagle (Lapa) -600 m Low values 141-09-21-700 m -800 m Longitudinal Section Maritime Contact East Looking West 141-10-26 0.2 g/t Au / 5.0 m 141-09-22A 0.56 g/t Au / 5.0 m incl. 1.4 g/t Au / 1.0 m 1.5 g/t Au / 3.2 m 0 200 m
Maritime Contact East Maritime Contact East New Zone 3-5% Asp and 1-2% Py Strong Biotite alteration Quartz-carbonate veins
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