MDI middle island resources limited

Ann: Second new gold deposit defined at Sandstone project, page-31

  1. 13,368 Posts.
    lightbulb Created with Sketch. 1250
    Middle Island Resources (ASX:MDI) has defined a second new gold deposit at its Sandstone project in central Western Australia just a week after finding gold at the McClaren prospect.Drilling at the McIntyre prospect returned shallow drill intercepts including 24m at 1.66 grams per tonne (g/t) gold, 23m at 1.4g/t gold, 11m at 1.39g/t and 18m at 1.35g/t gold.Managing director Rick Yeates believes that McIntyre could represent a second new, low strip ratio, open pit deposit to supplement the planned Sandstone mill recommissioning inventory. McIntyre is one of a cluster of three proximal gold prospects, which include McClaren, where substantial intercepts of 4m at 90.6g/t gold and 8m at 3.35g/t gold were made.Results are also pending from the third prospect, Ridge, to determine if associated gold mineralisation links up with McIntyre and/or McClaren.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
2.2¢
Change
0.001(4.76%)
Mkt cap ! $6.451M
Open High Low Value Volume
2.2¢ 2.2¢ 2.2¢ $2.777K 126.2K

Buyers (Bids)

No. Vol. Price($)
4 655352 2.2¢
 

Sellers (Offers)

Price($) Vol. No.
2.4¢ 250000 1
View Market Depth
Last trade - 13.17pm 23/06/2025 (20 minute delay) ?
MDI (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.