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Middle Island Resources Limited ( (AU:MDI) ) has shared an update.
Middle Island Resources has significantly expanded the Tisovik polymetallic discovery within its Bobija Project in Serbia, with follow-up soil sampling defining multiple high-priority target zones over roughly six kilometres of strike. Assay results from soils and rock chips confirm a robust silver-lead-zinc-antimony system with grades consistent with a carbonate replacement deposit, a globally important style known for large, high-grade ore bodies.
The work has outlined target areas including Tisovik, Red Rock and Kozila, with visible stibnite and high-grade antimony adding strategic appeal amid rising interest in critical minerals. With much of the district still untested by modern exploration and further soil sampling and ground-checking planned, the Bobija Project is emerging as a potentially significant polymetallic development that could enhance Middle Island’s regional footprint and future growth options.
More about Middle Island Resources Limited
Middle Island Resources Limited is an ASX-listed mineral exploration company focused on polymetallic targets, including silver, lead, zinc and antimony. The company is advancing its 100%-owned Bobija Project in Serbia, located in a well-endowed mining district about 20 kilometres from the operating Veliki Majdan silver-lead-zinc mine.
YTD Price Performance: -50.0%
Average Trading Volume: 1,689,468
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$20.86M
See more insights into MDI stock on TipRanks’ Stock Analysis page.