Gold player Middle Island Resources Limited (ASX:MDI) has released an Investor Presentation for April/May 2020 on the ASX. The Company’s presentation is centred around the crucial developments at its Sandstone gold project since the commencement of the massive drilling program continuing at the project.
The key things to note from the presentation include:
- 17,300m drilling campaign in progress to increase & upgrade open pit Mineral Resources.
- Aircore (1,800m) & Phase 1 RC (13,400m) completed; ~50% of assays received & reported.
- Three new discoveries to date; McClaren, McIntyre & Old Town Well.
- Total 2012 JORC Mineral Resources at Sandstone is now 624,000oz gold.
As at 11:43 AM AEST on 30th April 2020, MDI is trading at $0.012.
Which stock gained the most attention in 2019? Find out in our exclusive report on the much talked about lithium stocks which gained the most investor attention amidst the volatile and high drama electric vehicle market.
Read about the shift in the Electric Vehicle market in 2020 and the consequent focus on Lithium in our report.
Get an insight into the lithium prices and the trends. The supply glut kept the lithium prices in check. The escalated bilateral trade dispute between the United States and China significantly impacted the lithium chemical prices.
Understand the performance of mining companies. The lithium mining companies managed to sail through the turbulent white gold market by limiting the production in correspondence with the demand from the offtake partners.