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An announcement from Middle Island Resources Limited ( (AU:MDI) ) is now available.
Middle Island Resources Limited has announced significant assay results from its maiden drilling program at the Bobija Mine area in Serbia, revealing extensive gold, silver, copper, lead, and zinc mineralization. The drilling results have expanded the known footprint of the Bobija deposit, with mineralization open in all directions, indicating a highly valuable target due to the strong association of gold and silver with base metals. The company is planning a Phase 2 drilling program to further explore the potential of the area, which remains underexplored and holds substantial promise for future resource development.
More about Middle Island Resources Limited
Middle Island Resources Limited is a company operating in the mining industry, focusing on the exploration and development of mineral resources. The company is primarily involved in the extraction of gold, silver, copper, lead, and zinc, with a market focus on expanding its mineral deposits and enhancing its resource base.
YTD Price Performance: 116.67%
Average Trading Volume: 1,294,297
Technical Sentiment Signal: Sell
Current Market Cap: A$25.83M
Find detailed analytics on MDI stock on TipRanks’ Stock Analysis page.