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Middle Island Resources Limited ( (AU:MDI) ) has provided an update.
Middle Island Resources has confirmed two significant large-scale copper-in-soil anomalies at the Jelaca and Oglavak prospects within its Priboj Project in Serbia, with assays returning copper values up to 5,876ppm in soils and up to 1.0% in outcropping mineralisation at Jelaca. The results support the company’s VMS exploration model, extend anomalous copper zones across the broader project area, and underpin plans for a maiden drilling program at Jelaca in Q2 2026 alongside further soil sampling, potentially enhancing Middle Island’s copper discovery prospects and strategic positioning in an underexplored European copper district.
The most recent analyst rating on (AU:MDI) stock is a Hold with a A$0.04 price target. To see the full list of analyst forecasts on Middle Island Resources Limited stock, see the AU:MDI Stock Forecast page.
More about Middle Island Resources Limited
Middle Island Resources Limited is an ASX-listed mineral exploration company focused on discovering and developing base metal deposits, with current exploration activities centred on copper targets within its 100%-owned Priboj Project in Serbia. The company is targeting volcanogenic massive sulphide (VMS)-style copper systems in a region with limited historical exploration, aiming to build a pipeline of copper prospects across multiple licence areas.
Average Trading Volume: 2,053,841
Technical Sentiment Signal: Buy
Current Market Cap: A$41.72M
Find detailed analytics on MDI stock on TipRanks’ Stock Analysis page.