Company Information for Midlands Minerals Corporation

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TSX.V; MEX View full financial data

Company Statement

Midlands Minerals is a growth oriented, dynamic, entrepreneurial junior exploration company focused on growing its mineral assets in Ghana and Tanzania.  The Company trades on the TSX Venture Exchange under the ticker symbol “MEX” holds a diversified portfolio of gold and diamond projects and operates in stable low risk countries with a long history of gold mining.

Midlands is a unique junior exploration company with a +200,000 oz resource on its past gold producing fully permitted Sian project, a complete CIL plant, all infrastructure, power, roads, water and buildings on the Sian project in Ghana. The Sian project is expected to be in feasibility study stages by the end on 2008 and back in production by the end of 2010. 

Our priority is the Sian project and our target is to find 5m oz of gold on Sian/Praso, two contiguous highly prospective properties with significant potential for large gold deposits. There are several reasons why investors should own Midlands stock.  These projects lie on the prolific Ashanti Goldbelt just 30 km north of Newmont Mining’s 8.7 million oz Akyem gold deposit and on trend with Akyem.  There is a 30 year mining lease on Sian.

The Sian/Praso projects form a 160 sq km gold district controlled by Midlands. There is a 16 km strike length with gold soil anomalies yet to be drilled and 5 new gold zones have been discovered.  Drill results show continuity of grades and widths for over 950 meters -  (10.81 g/t over 7m; 24.3 g/t over 3m; 2.08 g/t over 11m). 

Our short term objective is to bring the Sian property to a feasibility study stage by the end of 2008.  All that is left is to increase the tonnage and therefore the ounces, which will be achieved through current drilling. The Sian property can be back into gold production by the end of 2010.

Our Objective:
To bring real value to shareholders through exploration and development of our gold properties in Ghana and Tanzania and our diamond property in Tanzania.

Our Business Model is to:
Operate in investor friendly and politically stable countries with a long gold mining history acquire gold and diamond properties next to known major deposits.

Current Operations

GHANA - GOLD
Midland’s Ghana properties lie in the Ashanti and Asankrangwa goldbelts with a combined total of over 130 million ounces of gold.

Sian/Praso
Past open pit producer with +100,000 oz indicated resource and +100,000 oz inferred resource; three extensions to Esaase with an identified combined strike length of 7.6km.  Sian/Praso are contiguous and have trends linked to Sian’s open pit mines. Sian/Praso together form 160 sq km of prime exploration ground in a proven gold bearing anomalous district, located 30 km north of Newmont Mining’s 8.7 million oz Akyem gold deposit.

Kaniago
Contiguous to Obotan open pit mine.

TANZANIA
GOLD
Midlands’ Tanzania projects are in the Lake Victoria Goldfields with over 40 million oz of gold in reserves.

Itilima
Property lies 30 km north of Resolute Mining’s Golden Pride mine with 2.2 million oz; on the same trend as Bulyanhulu-Geita-Sekenke mines.  Bulyanhulu has over 13 million oz and the Geita mines have over 14 million oz of gold.

Lwenge
Lwenge project is in the Geita area, 10 km north of AngloGold’s Geita mines with over 14 million oz.
Lwenge is newly acquired and is a grassroots project.

Vukene
Vukene is a 752.30 sq km reconnaissance licence in the Kahama district.

New Kilindi
Reconnaissance program underway.

DIAMONDS
Itilima Property is 20km south of De Beers Mwadui-Williamson open pit diamond mine which has produced more than 17 million carats.  There are 82 kimberlite targets of which 9 are priorities.  2 kimberlites drilled to a 60m depth are diamondiferous, with right chemistry and indicator minerals.

Geographical Spread

Ghana and Tanzania

Board of Directors and Key Management

Major Shareholders

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