MDI middle island resources limited

IP chargeability has proven to be a great indicator of the...

  1. 2,848 Posts.
    lightbulb Created with Sketch. 1284
    IP chargeability has proven to be a great indicator of the presence of copper in areas where there's IOCG potential (resulting from many km deep geology of the crust). Wacks video sheds light on its use (although that's a far more technical level than my normal comfort!)

    It does not guarantee success, but from my copper exploration knowledge (which I've only been picking up over a year or so) it is a strong indicator that absolutely warrants a drill hole into it.

    Look at CNB and they've pinned presence of world class grade copper against these high chargeability zones, so they've an exploration recipe they will roll out further and hopefully tune up. Fingers crossed the same signs here lead to similar results

    It is a bloody deep anomaly we have here, so what we would have to hope for on top of high grade matching the red zone would be 0.5-1% copper on the way down to it so that you can mine copper as you aim for the mother load

    Underground mining also possible but my experience is mostly limited to open pit exploration, so I only know that this is hugely expensive. But if you have 5% copper there it'll get considered

    But first, let's drill and see if there's copper down there
 
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
2.1¢
Change
0.000(0.00%)
Mkt cap ! $6.157M
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0

Buyers (Bids)

No. Vol. Price($)
1 86698 2.3¢
 

Sellers (Offers)

Price($) Vol. No.
2.4¢ 250000 1
View Market Depth
Last trade - 16.12pm 20/06/2025 (20 minute delay) ?
MDI (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.