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Middle Island Resources Limited (ASX:MDI)

ALERT: Price-sensitive ASX Announcement for MDI
Current share price for MDI : $0.014 -0.01 (-41.67%)+
Announcement
Release
17 Dec 2025 9:33AM
Price at Release
$0.024
Full Release
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Summary
Middle Island Resources Limited announced the results of their maiden reverse circulation drilling program at the Bobija Project, confirming widespread mineralisation of gold, silver, lead, and zinc. Notable drill results include significant mineralisation at various depths across several drill holes, suggesting continuity and potential extensions of the mineralised zone. The drilling program was aimed at testing the continuity and extent of mineralisation in the historically defined Central Zone and its potential extensions. The results indicate promising prospects for further exploration, and the company is planning additional drilling to better define the mineral resource and its economic potential.
Key Points
  • Maiden RC drilling program at Bobija Project confirms wide intervals of gold-silver-lead-zinc mineralisation.
  • Significant drill results from holes BMLRC001, BMLRC002, BMLRC003, BMLRC005, BMLRC008, and BMLRC009.
  • Drilling aimed at testing continuity and potential extensions of mineralisation in the Central Zone.
  • Results suggest mineralisation may extend beyond current boundaries, indicating open-ended potential.
  • Further drilling and exploration planned to better define the mineral resource.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.