Middle Island Resources Limited (AU:MDI) has released an update.
Middle Island Resources Limited has identified multiple high-potential drill targets across six prospects in its Barkly Copper-Gold Super Project, indicating the presence of potential sulphide or iron oxide mineral concentrations. The company has planned 14 exploratory drill holes for these ‘blind’ targets, which are located at depths between 230m and 550m, and is finalizing drilling plans for the upcoming 2024 field season. This exploration update signifies a promising step towards new mineral discoveries in an underexplored area spanning 6,918 sq kms.
For further insights into AU:MDI stock, check out TipRanks’ Stock Analysis page.