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Middle Island Kicks Off Major Drilling Project
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Middle Island Kicks Off Major Drilling Project

Middle Island Resources Limited (AU:MDI) has released an update.

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Middle Island Resources Limited has launched its first drilling program of 2024 at the Barkly Copper-Gold Super Project in the Northern Territory, targeting potential Iron Oxide Copper Gold (IOCG) deposits. The initial phase includes three diamond drill holes aimed at the Wilma, Pebbles, and Dino prospects, with depths reaching 650 meters. This exploration endeavor, supported by a $300,000 government-funded grant, represents a significant step in probing the substantial yet underexplored reserves within the company’s vast 6,918 sq km holdings.

For further insights into AU:MDI stock, check out TipRanks’ Stock Analysis page.

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