Midland Exploration Signs Option Agreement With IAMGOLD on the Heva Gold Property Near the Cadillac Break

MONTREAL, QUEBEC--(Marketwired - May 2, 2017) - Midland Exploration Inc. ("Midland") (TSX VENTURE:MD) is pleased to announce the execution of an option agreement with IAMGOLD Corporation ("IAMGOLD") for its Heva gold property. This property is currently wholly owned by Midland and is located near the prolific Cadillac Break, about 5 kilometres northwest of the Canadian Malartic gold mine, jointly held by Agnico Eagle Mines Limited and Yamana Gold Inc., where as of December 31, 2016 proven reserves are estimated at 51.12 million tonnes grading 0.95 g/t Au (1.57 Moz Au) and probable reserves at 152.55 million tonnes grading 1.13 g/t Au (5.53 Moz Au), for a total of 7.1 Moz Au. The Heva project consists of two claim blocks, Heva West and Heva East, totalling 33 claims and covering a surface area of more than 1,400 hectares.