Middle Island Resources Limited (AU:MDI) has released an update.
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Middle Island Resources Limited has secured the maximum grant of A$300,000 from the Northern Territory Government to co-fund diamond drilling at its Barkly Copper-Gold Super Project, showcasing strong government support for the company’s exploration endeavors. The grant will cover drilling in prospective areas for Iron Oxide Copper Gold and Sediment Hosted deposits, signaling significant discovery potential in this under-explored region. With these funds, MDI is gearing up for its 2024 drilling season, demonstrating the project’s merit and the company’s systematic approach to exploration.
For further insights into AU:MDI stock, check out TipRanks’ Stock Analysis page.
