Middle Island Resources Limited (AU:MDI) has released an update.
Middle Island Resources Limited reported compelling new drill targets at their Barkly Copper-Gold Project, underpinned by geophysical modeling that identified several large dense ‘shoots’. Financially, the company is well-positioned with A$4.01M in cash and investments, ready to fund upcoming drilling operations post-wet season. Additionally, they have expanded their exploration endeavors by applying for new Copper-Gold project opportunities in Queensland.
For further insights into AU:MDI stock, check out TipRanks’ Stock Analysis page.