MDI middle island resources limited

Silence is deafening... Airborne electromagnetic survey supposed...

  1. 66 Posts.
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    Silence is deafening... Airborne electromagnetic survey supposed to be flown this month but not a peep from management. At least we learn something about the prospectivity of MDI Barkly ground from ICG

    https://hotcopper.com.au/data/attachments/3554/3554311-e697432d278244c5a14f6c24a9fab681.jpg


    ICG to start a major drilling program in (early) Q4. Starting with MT Lamb (priority 1 target). Any success will benefit MDI as the holder of the ground to the north and the west. The mt lamb structure runs straight into MDI land for a few km's


    https://hotcopper.com.au/data/attachments/3554/3554298-cf7afdb4368e5a91848e40025958da69.jpg

    Another priority 1 target for ICG is Jumping spider that will likely be drilled after Mt Lamb. Jumping spider is a huge target and it trends to the south-west into MDI ground. A significant portion of the magnetic/gravity anomaly as modeled by ICG is in MDI tenure. Also note the location of the proposed ICG drill holes

    https://hotcopper.com.au/data/attachments/3554/3554325-83e47b12e323f7cccd779380e8ff983f.jpg

    And ICG Roadhouse target (also priority 1) also to be drilled right next to MDI crosswinds discovery
    https://hotcopper.com.au/data/attachments/3554/3554358-34a9bc3d0d0ae9dd7321a412ee867003.jpg


    And then there is drilling by Newcrest that started in April and assays pending as per latest quarterly. Some people speculated the location of the Sabretooth/Lantern targets to the northeast of the SER block, squeezed between MDI tenements (see map on the top). But as far as I know this in not confirmed. May they find something, MDI is clearly to benefit as is holds a lot of surrounding ground. Same counts for the Fangtooth target to be drilled with MDI holding adjacent ground to the North, West, Southwest and Northeast


 
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