NICKEL-COPPER: Midland, Altius discover new showing near James Bay

QUEBEC – There has been a new discovery of a nickel-copper-cobalt showing in the  James Bay area by the 50:50 joint venture of Montreal’s Midland Exploration and Altius Minerals of St. John’s, Nfld. The new find – dubbed Moria – is located about 12 km southeast of the Clearwater gold deposit and 25 km east of Hydro Quebec’s Eastmain 1 dam. [caption id="attachment_1003719661" align="alignleft" width="384"] Location of the new Moria nickel-copper-cobalt discovery. (Credit: Midland Exploration)[/caption] Midland reports that the mineralization occurs in a meta-pyroxene with about 15% disseminated pyrrhotite and 3% pentlandite. A grab sample from an outcrop tested 1.07% nickel, 0.24% copper and 0.09% Co. Another outcrop from about 100 metres away returned 0.46% nickel with a low sulphur value of 1.11%. Since the discovery, Midland and Altius have acquired 104 more claims covering the interpreted extent of the mafic intrusive rocks hosting the mineralization. Exploration follow-up is planned. A few more details are available at www.MidlandExploration.com.