NEW PARTNERSHIP OPPORTUNITIES IN QUEBECmric.jogmec.go.jp/kouenkai_index/2010/briefing_100716_6.pdfNew Partnership opportunities-Casault and Eleonore Gold projects - Weedon Base Metal

MIDLAND EXPLORATION - A MANAGEMENT TEAM WITH A PROVEN TRACK RECORD OF DISCOVERIES

MIDLAND EXPLORATION INC.2010 Corporate Presentation

NEW PARTNERSHIP OPPORTUNITIES IN QUEBEC

MIDLAND PRESENTATION


• Company Review

• Active Partnership Projects

• New Partnership opportunities- Casault and Eleonore Gold projects- Weedon Base Metal project

• Conclusion


Prospect Generator / Joint-Venture Model

Quebec Focus

Strong Technical Expertise

World Class Gold, BM and REE deposits.

Using New technologies

Diversified High Quality Projects Portfolio

MIDLAND EXPLORATION STRATEGY


CAPITAL STRUCTURE

Company is listed on the TSX Venture as MD

23.9 Million Shares Outstanding:

Management:11%, Institutions:48%, Retail:41%

27.0 Million Shares Fully Diluted

52 week high/low $0.67 - $1.54

No Debt, $5.2 Million Cash in Treasury


MIDLAND TARGETS QUEBEC

Québec ranked #1 by the Fraser Institute in 2009.

Many world class recent discoveries.

Excellent mining infrastructure available within target area.

Government support.

Exploration costs remain low.

Exceptional Geological database.

NEW EXPLORATION TECHNOLOGIES

Midland will take advantage of New Technologies to make New Discoveries


MEGATEM II AIRBORNE GEOPHYSICS

BOREHOLE INFINITEM

CONVENTIONAL PULSE EM

PULSE DOWNHOLE 3 AXIS

VTEM HELIBORNE GEOPHYSICSNITON XRF


STRONG EXPERTISE

JEAN-PIERRE JANSONChairman and Director

GERMAIN CARRIÈREDirector

GINO ROGERCEO and Director

RENÉ BRANCHAUDSecretary and Director

INGRID MARTINChief Financial Officer

BOB VALLIANTDirector

LEGAL ADVISORS

CONSULTANTSTechnical Team- Mario Masson (Vp Explo.)- Robert Banville- Jacques Bonneau- Michel Gauthier- JF Larivière- Marion Sasias


MIDLAND ACTIVE PROJECTS LOCATION

ABITIBI GOLD BELT

Midland/North American Palladium (Au)

Midland/Agnico-Eagle (Au)

Midland/SOQUEM (Cu-Au)


Midland/Osisko (Au)

Midland/Zincore (Zn)

Midland /JOGMEC (REE)

ABITIBI GOLD BELT

QUEBECCANADA

Montreal

Midland Eleonore (Au)

Midland (Mo-Cu)

NEW PARTNERSHIP OPPORTUNITIES

Midland Casault (Au)

Midland Uranium


Midland Weedon (Cu-Zn-Au)

Midland Active Partnership Projects


GOOD QUALITY PARTNERS

Zincore Metals Gatineau Zinc (MD operator)

JOGMEC Ytterby REE (MD operator)

Agnico-Eagle Maritime Cadillac (AEM operator)

Agnico-Eagle James Bay Gold (MD operator)

Osisko Dunn (MD operator)

North American Palladium Laflamme (PDL)

Total of $14.0M + $0.93M cash over 4 years

More than $4M of exploration in 2010Including more than 15,000 m of drilling



MIDLAND ABITIBI BELT PROJECTS

ABITIBI GOLD BELT

Midland/North American Palladium (Au)


Midland/Osisko (Au)

Ontario

Que

bec

Midland / North American PalladiumLaflamme Project (Au-Cu)

Midland / OsiskoDunn Project (Au)

DETOUR LAKE 17.7 Moz Au

GEANT DORMANT> 1 Moz Au

TIMMINS > 70 Moz Au

DOYON--BOUSQUET> 25 Moz Au

HOLLOWAY –MCDERMOTT

3.8 Moz Au

BEATTIE & DONCHESTERResources of

2.1 Moz Au

CASA BERARDI> 2 Moz Au

Destor-Porcupine Fault Zone

Larder Lake-Cadillac Break

MALARTIC8.8 Moz Au

KIRKLAND LAKE / LARDER LAKE

38.8 Moz Au

VAL D’OR18.4 Moz Au

COMTOIS> 0.5 Moz Au

ROUYN-NORANDA19.5 Moz Au

Midland / Agnico-EagleMaritime Cadillac Project (Au)

N

Mafic VolcanicsFelsic VolcanicsUltramaficsSedimentsMafic IntrusivesFelsic Intrusives

Gold MinesMidland New Gold Projects100

kilometers

500


Midland CasaultNew Project (Au)

Midland PatrisNew Project (Au)

NEW MIDLAND PARTNERSHIPS – ABITIBI GOLD PROJECTS

MIDLAND UNEXPLORED MARITIME CADILLAC PROPERTY

200m

1000m

600m

400m

800m

Explored AreaMaritimeCadillac

GoldResoucre

1000m

Sud Est

MARITIME CADILLAC

Open

TonawandaGold

Resoucre

AGNICO - EAGLE0

LAPA ZULAPA

Tonawanda Zone

Contact Zone0

OuestPANDORA

NorthBranchZone

KeelContactZone

SouthBranchZone

GLOBEXQUEENSTONE

MINING

OpenNew Gold Discovery1.7 g/t Au / 37.85 mincl. 2.3 g/t Au / 24.0 mincl. 12.6 g/t Au / 1.5 m

Cadillac-Larder Lake Fault Zone - Longitudinal Section


MIDLAND – AGNICO-EAGLE

New Drilling Program in progress6 holes for 4200 metres testing the 600m level

2006 Gold Discovery

2008-09 Gold Discovery


MIDLAND GATINEAU ZINC PROJECT

ABITIBI GOLD BELT

Midland/Zincore (Zn)


USA

Ontario

Québec

Calumet 3.8 Mt @ 5.8% Zn, 1.9% Pb

Cadieux1.25 Mt @ 9.4% Zn, 0.7% Pb

Lemieux 11% Zn, 1.78% Zn/0.67m

Leitch118.5 Kt @ 10% Zn

Kilmar 16.7% Zn, 4.1% Zn/1.15m

Area of Works

Salerno Lake1.5 Mt @ 5.7% Zn

Bouchette23.9% Zn

Aumond 20% Zn, 5.1% Zn/2.45m

Chute Rouge 18% Zn

8% Zn

Walsh 9.55% Zn

Favorable Marble UnitZinc OccurrencesMidland Properties

MIDLAND / ZINCORE GATINEAU ZINC PROJECT

BALMAT MINE43.5 Mt at 9.5 % Zn, 0.5 % Pb

266 NEW CLAIMS, 160 Km²


MIDLAND REE JOGMEC PROJECT

ABITIBI GOLD BELT

Midland /JOGMEC (REE)

MIDLAND EXPLORATION - A MANAGEMENT TEAM WITH A PROVEN TRACK RECORD OF DISCOVERIESMIDLAND EXPLORATION - A MANAGEMENT TEAM WITH A PROVEN TRACK RECORD OF DISCOVERIES

NEW MIDLAND REE YTTERBY PROJECT LOCATION

Nain

KNOWN REE ZONES IN THE STRANGE LAKE AREA

West SL Ext.

DDH SL 15 and SL-161.65% Zr2O3, 0.27% Y2O3, 0.16% Nb2O5/ 8.41m2.15% Zr2O3, 0.185 Y2O3, 0.12 Nb2O5/ 9.52m

SLG ZoneIdentified as REE target by Quest

SL-15 and 16

Stewart Lake Trend

SLG Zone

Strange Lake

B-Zone

West SL Ext.

SL-15 and 16

Stewart Lake Trend

SLG Zone

Strange Lake

B-Zone

52Mt @ 3.25% ZrO2,0.56% Nb2O5, 0.66% Y2O3, 0.12% BeO and 1.3% TREO

B-Zone (2009)114.8Mt @ 1.97% ZrO2,0.21% Nb2O5, 0.08% Beo and

1.0% TREO

Strange Lake


52Mt @ 3.25% ZrO2,0.56% Nb2O5, 0.66% Y2O3, 0.12% BeO and 1.3% TREO

B-Zone 0.85% Cut-off114.8 Mt 1.97% ZrO2,0.21% Nb2O5, 0.66% Y2O3, 0.08% BeO and1.0% TREO

SL and B-Zone Combined 166+ 1.1% 1.8 40%+ 0.85% REO

B-Zone 114.8+ 1.0% 1.1 40%+ 0.85% REOB-Zone 11.8 1.35% 0.16 40%+ 1.20% REO

Strange Lake 52 1.3% 0.7 high Y-Zr

B-Zone 114.8+ 1.0% 1.15 40%+ 0.85% REO

B-Zone 11.8 1.35% 0.16 40%+ 1.20% REO

KNOWN REE DEPOSITS COMPILATION

Gold and Base Metal Partnership Opportunities



MIDLAND GOLD PARTNERSHIP OPPORTUNITIES

ABITIBI GOLD BELT

Midland Casault (Au)

Midland Eleonore (Au)


Mafic VolcanicsFelsic VolcanicsSedimentsMafic IntrusivesFelsic IntrusivesMidland Property Limit

20

kilometers

100

CASAULT NEW STATEGIC GOLD PROPERTY

Detour Lake Resource >17.7 Moz Au

Sediments

Sediments

Tuffs

Tuffs

Tuffs

Mafic Volcanics

GabbroGabbro

QuebecOntario

7.8 g/t Au / 7.2 m6.3 g/t Au / 2.7 m

24.1 g/t Au / 2.4 m

4.3 g/t Au / 12.2 m3.7 g/t Au / 4.0 m

3.6 g/t Au /3.1 m

1.2 g/t Au / 10.0 m1.9 g/t Au / 1.0 m

Quetico Gneiss

CASAULT PROPERTY110 claims for 62 km²

Massicotte Deformation Zone

2.2 g/t Au / 1.2 m


PLACER DOME IP SURVEY (1995)

Coloured Resistivity Map with IP Chargeability axis (Placer Dome 1995)

High Resistivity + Chargeability High Resistivity

+ Chargeability

1000

meters

5000

D-52-1 (Selco 1975)5-10% Py / 12.8 m (Qtz-Sericite schists)

No Assays!

Extension of Au bearing structure( Magnetic contrast )

• Several untested IP anomalies• Wide altered shear zone 5-10% Py (No assays)• Coincident resistivity-cheargeability anomalies• Ready to drill targets

Au +Py-Po in Qtz Vein swarm(High Resistivity)

Detour Lake Mine

500m

EXPLORATION MIDLAND - UN NOUVEAU DÉCOUVREUR AU QUÉBEC

Midland/Quest Uranium

Midland/Agnico-Eagle

Midland 100%

Midland 100% propertiesGrabs up to 13.6 g/t Au

Éléonore Mineral Resourcesof 3.15 Moz of Gold (indicated)and 6.25 Moz of Gold (inferred)

Midland and Agnico propertiesGrabs up to 9.1 g/t AuGrabs up to 6.1% Cu and 0.3 g/t Au

MIDLAND JAMES BAY GOLD PROJECTS


ABITIBI GOLD BELT

MIDLAND B.M. PARTNERSHIP OPPORTUNITY


WEEDON PROPERTY LOCATION

Weedon Project

16.2Mt @ 14.5%Zn, 7.6%Pb,1.3%Cu, 126g/t Ag, 1.37g/t Au

>150 Mt @ 8%Zn, 3%Pb, 0.3%Cu, 100g/t Ag

4.08 Mt @ 3.3% Cu, 5.7% Zn,59 g/t Ag and 0.86 g/t Au

Bald Mountain

Duck Pond

30 Mt @ 1.03% Cu, 1.12% Zn,14.4 g/t Ag and 0.51 g/t Au


WEEDON VTEM NEW TARGETS

10

kilometers500

Lingwick: 0.35Mt @ 0.61%Cu,5.84%Zn, 0.14%Pb, 0.35g/t/Au

2006 New Showing13.5% Zn, 1.4%Cu, 4.6%Pb, 208g/t Ag, 4.19g/t Au /1.1m

Weedon Mine: 1.60MT @ 2.33%Cu,0.86%Zn, 0.56g/t/Au

Cupra Mine: 2.43MT @ 2.74%Cu,3.28%Zn, 0.2%Pb, 0.5g/t/Au

WEEDON PROPERTY335 claims for 168 km²

Solbec Mine: 2.06MT @ 1.57%Cu,4.57%Zn, 0.68%Pb, 0.61g/t/Au

2007 VTEM Survey• 1500 km of flight lines• 200 m line spacing


LINGWICK NEW GRAVIMETRIC ANOMALIES

2006 New MS Showing1.4%Cu, 4.6%Pb, 13.5%Zn,208g/t Ag, 4.19g/t Au / 1.1m

Gravimetric Bouguer Anomalies

100 m

Hole 915 Jaspe TR. Sp Cpy (too short)

Soil Geochem Anomalies

Domtar Lingwick depositNew Anomalies

Lingwick Resource350,000 tons @ 5.84% Zn , 0.61% Cu, 0.14% Pb

• Coincident gravimetric & geochem anomalies• Untested new MS showing (2006)• Lingwick resource opened at depth• Ready to drill EM and IP targets


Management team and technical expertise.

Ability to quickly generate high-quality projects and attract new partners.

Attractive and successful JV business model.

Important option agreements with Agnico-Eagle,Osisko, North American Palladium, JOGMEC and Zincore. Many more to come.

New gold and base metal discoveries with excellent potential for world class major deposits.

WHY CHOOSE MIDLAND EXPLORATION?


VISIT US ON THE WEB

www.midlandexploration.com

THANK YOU !Exploration Office 132 blvd. Labelle, Suite 220 Rosemere, (Québec) J7A 2H1

Tel : 450-420-5977 Fax : 450-420-5978

MIDLAND EXPLORATION INC. � 2010 Corporate Presentation MIDLAND PRESENTATIONMIDLAND EXPLORATION STRATEGYCAPITAL STRUCTUREMIDLAND TARGETS QUEBECNEW EXPLORATION TECHNOLOGIESSTRONG EXPERTISEMIDLAND ACTIVE PROJECTS LOCATIONNEW PARTNERSHIP OPPORTUNITIESMidland Active �Partnership ProjectsGOOD QUALITY PARTNERS MIDLAND ABITIBI BELT PROJECTSスライド番号 13スライド番号 14MIDLAND GATINEAU ZINC PROJECTスライド番号 16MIDLAND REE JOGMEC PROJECTスライド番号 18スライド番号 19スライド番号 20Gold and Base Metal �Partnership OpportunitiesMIDLAND GOLD PARTNERSHIP OPPORTUNITIESCASAULT NEW STATEGIC GOLD PROPERTYスライド番号 24スライド番号 25 MIDLAND B.M. PARTNERSHIP OPPORTUNITYWEEDON PROPERTY LOCATIONWEEDON VTEM NEW TARGETSLINGWICK NEW GRAVIMETRIC ANOMALIESスライド番号 30スライド番号 31

Documents

NEW PARTNERSHIP OPPORTUNITIES IN QUEBECmric.jogmec.go.jp/kouenkai_index/2010/briefing_100716_6.pdfNew Partnership opportunities-Casault and Eleonore Gold projects - Weedon Base Metal