MDI
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Company News
Middle Island Resources to Fast-Track Serbian Portfolio After Konstantin Acquisition
Middle Island Resources (ASX: MDI) has entered into a share sale and purchase agreement to acquire private Australian company Konstantin Resources. Konstantin owns 14 exploration and mining licences along Serbia’s prolific Western Tethyan Belt. The portfolio comprises the Bobija, Timok and Priboj gold-silver-copper-lead-zinc projects across 620 square kilometres of acreage in an established mining jurisdiction. […]
Middle Island hits bonanza grades in fresh drilling at Sandstone
Middle Island Resources (ASX: MDI) has reported “bonanza” gold grades — including 4m at 99.5 grams per tonne — from its new Ridge satellite deposit at the company’s Sandstone project in Western Australia. The company said many of the best intercepts were at a shallow depth. The 4m intersection mentioned above started from 13m down […]
Middle Island Resources unearths more high-grade gold at Sandstone
Middle Island Resources (ASX: MDI) has unearthed what it describes as a “very high-grade intercept” from initial drilling at the Ridge target within its wholly-owned Sandstone gold project in Western Australia’s central goldfields. Phase two reverse circulation drilling at the project uncovered 4m at 99.5 grams per tonne gold, including 1m at 390g/t gold. A […]
Middle Island firms up gold potential at McIntyre
Gold explorer Middle Island (ASX: MDI) has continued the run of positive exploration news at its Western Australian Sandstone project, with drilling firming up the potential of the McIntyre prospect. The company has now received further assays from a 172-hole 13,400m phase one drilling program that has tested 14 gold deposits and prospects within 4km […]
Middle Island Resources unearths bonanza gold hit at Sandstone, debuts resource update
Middle Island Resources’ (ASX: MDI) Sandstone gold project has proven to be a boon this week, with the company disclosing bonanza gold intercepts and a 500,000 ounce resource for the Two Mile Hill deposit. Assays from reverse circulation drilling at the project’s McClaren prospect have returned 4m at 90.6 grams per tonne gold and 8m […]
Middle Island Resources gains newly released ground in Northern Territory
Middle Island Resources (ASX: MDI) has added 1,363sq km of iron oxide-copper-gold (IOCG) prospective land to its Barkly super-project in the Northern Territory following the lifting of a moratorium over the area. The NT Government this week allocated varying portions of four contested exploration licence applications to the gold explorer, effectively expanding the company’s project […]
Middle Island Resources uncovers significant gold at Two Mile Hill
Gold explorer Middle Island Resources (ASX: MDI) has returned significant gold results from a recent infill resource definition drilling campaign at its Two Mile Hill deposit in Western Australia’s mid-west. The company today reported that all assays had been received from the diamond drilling program, with significant intersections from the tonalite (granite) including 165m grading […]