This is from last week's annual accountsThe exciting Barkley...

This is from last week's annual accounts

The exciting Barkley Project will be progressed with plans afoot to complete some aerial surveys and drilling this
calendar year but no assurance is given that drilling will be possible this year. The Company is cautiously optimistic that
its holding in the Barkly Basin will prove the envy of other holders in the region with it already having identified surface
expressions of copper which are best explained by there being a primary source within the Company’s holding. Further,
access to likely drill targets immediately off the highway leads to the obvious conclusion that the Company’s drilling
endeavours will not be beset by the logistical barriers confronting and imposing very significant cost impacts upon the
Company’s competitors.

MDI thinks the source of Crosswinds (which is remobilized) is in their holding. Although they provide no information to support there are a few things we do know

There is a huge conductor and associated magnetic root system (finger of god) close by / just to the north of Crosswinds revealed by AusAEM flight line 1210003 on MDI ground (from the fantastic ICG forum, see https://hotcopper.com.au/threads/pay-dirt.6215399/page-3 for great discussion, disclaimer I hold ICG shares)





And we have government hole 10 that was drilled in the government hole to the left of crosswinds that intersected (visual) 200+ meters of chalcopyrite and bornite. This not official assays so take with a grain of salt but that equals ~ 215m @ 0.24% copper which I think is very impressive for a stratigraphic hole. Also note the galena (lead/silver)



So I look forward to the aerial surveys and modelling of drill targets in anticipation of drilling, momentum could build fast here with an EV of only ~8 m which includes the Sandstone project / mill, possible drill program at Crosswinds and ICG possibly drilling jumping spider this year