MDI middle island resources limited

The AC drilling of 200 holes has been completed although was not...

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    The AC drilling of 200 holes has been completed although was not expected to be too much to write home about, the results of it were to be used to refine the RC drilling campaign. It's a multi rig drill campaign so results should start to emerge fairly soon. With them planning follow up drilling late March based upon the current RC drilling you are able to build some expectation that the majority of results will by then be in. Basically we can expect the first batch of results anytime now.

    "The aircore and RC drilling represent the first programs of a substantial multi-phase drilling campaign, comprising at least ~20,000m, the progressive results of which will be reported on a continuous basis.

    If required, additional RC and diamond drilling programs are planned for late in the March quarter to upgrade any defined Inferred Mineral Resources to an Indicated classification, and confirm oxide bulk densities, metallurgical and geotechnical parameters, and waste rock characterisation for a planned tailings facility expansion."
 
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