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Midlands Minerals Corp. (MEX:CA)
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Web site:
http://www.midlandsminerals.com/
Midlands Minerals is a TSX-V listed company with highly prospective, quality gold projects, operating in investor friendly, gold-producing, geopolitically stable countries. The Company has a seasoned management and technical team with solid African experience and a track record of discovery, and is focused on growing its gold assets in Ghana, and its gold and diamond assets in Tanzania.
Midlands Minerals is aiming for a multi-million ounce gold deposit on its Sian/Praso project on the Ashanti gold belt in Ghana. Information on the Company and its properties can be found by browsing the links on the left.
Ghana: Sian/Kwahu Praso Gold Project
Midlands’ Sian and Kwahu Praso are two contiguous properties (totaling 160 sq km) located on the Ashanti Gold Belt next to Newmont’s 8.7 million oz Akyem gold deposit. The Sian property is fully permitted with a 192,400 oz indicated resource (2,568,000 tonnes at 2.33 g/t Au) and an inferred resource of 203,350 oz (2,694,000 tonnes at 2.35 g/t Au) which is NI 43-101 compliant, and which holds the same geological stratigraphy as Newmont’s Akyem mine. Midlands also has a processing plant and a 30 year mining lease, power, water and roads already in place. Click here for more information.
Ghana: Kaniago Gold Project
The Kaniago Project is located 20 kilometres south of Keegan Resources’ 1.7 million oz Esaase Gold Deposit on the Asankrangwa Gold Belt and is contiguous to Obotan Open Pit Mine (2.8 million oz Au), Adubiaso Open Pit Mine to the south, and Abore Open Pit Mine to the north (295,400 oz Au).
The property has a gold soil corridor 7 kilometres in strike length, and on direct strike with the Abore Open Pit Mine. On the eastern part of the project, there is a gold in soil anomalous zone, which is on strike with the Obotan Open Pit Mine. On the central southern part of the project there is a gold in soil anomaly, which is on strike with Adubiaso Open Pit Mine. Drilling is planned for Q4 2008 and leading into 2009. Click here for more information.
Tanzania: Itilima Gold and Diamond Projects
The Itilima properties total 65 square kilometres, and are located in the Lake Victoria Goldfields on the same NW-SE trend as Bulyanhulu and Geita, and 20 kilometres south of the Williamson Mwadui Diamond Mine.
Work done to date confirms the presence of gold and diamonds on the property, and drill results confirm Itilima geology is similar to well-known large volcanogenic archean deposits. The eastern part is drill ready and an induced polarization survey (IP) is planned before gold drilling commences on the Itilima Project. Future plans for the Itilima Project include Kimberlite Drill Core Analysis. Click here for more information.
MEX:CA
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