MDI 0.00% 1.6¢ middle island resources limited

Ann: Second new gold deposit defined at Sandstone project, page-31

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    Middle Island Resources (ASX:MDI) has defined a second new gold deposit at its Sandstone project in central Western Australia just a week after finding gold at the McClaren prospect.Drilling at the McIntyre prospect returned shallow drill intercepts including 24m at 1.66 grams per tonne (g/t) gold, 23m at 1.4g/t gold, 11m at 1.39g/t and 18m at 1.35g/t gold.Managing director Rick Yeates believes that McIntyre could represent a second new, low strip ratio, open pit deposit to supplement the planned Sandstone mill recommissioning inventory. McIntyre is one of a cluster of three proximal gold prospects, which include McClaren, where substantial intercepts of 4m at 90.6g/t gold and 8m at 3.35g/t gold were made.Results are also pending from the third prospect, Ridge, to determine if associated gold mineralisation links up with McIntyre and/or McClaren.
 
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