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Middle Island Advances Serbian Polymetallic Portfolio With Expanded Drilling and New Targets

Story Highlights
  • Middle Island’s Phase 2 drilling at Bobija confirms broad, continuous gold-silver-base metal zones.
  • New targets at Tisovik and Priboj and expanded team strengthen Middle Island’s growth push.
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Middle Island Advances Serbian Polymetallic Portfolio With Expanded Drilling and New Targets

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Middle Island Resources Limited ( (AU:MDI) ) has issued an announcement.

Middle Island Resources has completed a Phase 2 drilling campaign at its Bobija polymetallic project in western Serbia, following a successful maiden program that confirmed broad, continuous zones of gold-silver-base metal mineralisation across the historic mine area. The drilling supports the interpretation of a thick, sub-horizontal mineralised layer linking the West and North zones, underlining Bobija’s potential scale.

Beyond Bobija, the company has defined multiple large polymetallic targets at the nearby Tisovik area through extended soil sampling and confirmed several targets at the Priboj project, where reverse circulation drilling is planned to test copper and gold prospects. Middle Island is concurrently strengthening its operational platform by expanding its Serbian team and infrastructure and enhancing its leadership with new board and executive appointments, signalling a concerted push to accelerate exploration and advance project development.

More about Middle Island Resources Limited

Middle Island Resources Limited is an ASX-listed mineral exploration company focused on gold and polymetallic projects, including gold, silver, copper, lead and zinc, with core activities currently centred on the Bobija and Priboj projects in western Serbia. The company is expanding its in-country exploration capabilities and team as it advances these assets.

YTD Price Performance: -42.86%

Average Trading Volume: 2,121,235

Technical Sentiment Signal: Strong Sell

Current Market Cap: A$23.84M

Learn more about MDI stock on TipRanks’ Stock Analysis page.

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