Midland Exploration Inc reported that announced the signing of a letter of agreement with Zincore Metals Inc for the Gatineau Zinc project, which is currently held 100% by Midland. The project which comprises 266 claims covering a surface area of 160 square kilometers is located 200 kilometers northwest of the city of Montreal.

Zincore can acquire 50% of Midland's interest during 4 year period under the following conditions:

1. Cash payment of USD 30,000 upon signing the agreement with additional payments of USD 150,000 for a total of USD 180,000 over 4 years. Instead of the cash payment, Zincore may issue the equivalent value in Zincore common shares.

2. Exploration expenditures of USD 700,000 in the first year with additional expenditures of USD 2,800,000 for a total of USD 3,500,000 over 4 years.