MDI 0.00% 1.2¢ middle island resources limited

The stated reason for drilling parallel to the deposit dip is...

  1. 141 Posts.
    The stated reason for drilling parallel to the deposit dip is that mineralisation is hosted by flat structures. This is OK, of more concern is that about 40% of the gold is hosted by the last 66.9 metres. That means the remainder of the hole is much lower grade than 1.34g/t. This is also suggested by the0.5g/t in the adjacent hole.

    While I don't think management has done anything untoward, I don't the this result is of much economic interest.
 
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