MDI
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6.25% 1.7¢ middle island resources limited

Ann: Feasibility and Scoping Study Updates Sandstone gold project, page-26

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  1. m0ngy
    10,075 Posts.
    lightbulb Created with Sketch. 4852
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    10/03/21
    12:39
    Post #: 51657265
    Wondering if MDI and RXL are in talks to toll mill the Grace deposit located at Youanmi?
    High grade oxide ore probably around 300K oz au @ 6 g/t. (JORC pending)
    The Grace deposit is close to the MDI mill along the Sandstone Road.
    Could be a win win for both companies.
    The Grace ore is much higher grade than any other nearby deposit such as Alto Metals or Venus at Bells Chambers and
    Range View.


    MDI ann.
    https://hotcopper.com.au/data/attachments/2987/2987100-b535dd983a4bd4b5e323f28acf868e53.jpg
    https://hotcopper.com.au/data/attachments/2987/2987105-1ff91d11d2b0fb256e6c811460645fde.jpg

    MDI Price at posting: 24.5¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 12  Upvote
    lightbulb Created with Sketch. 7  Great analysis
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