Middle Island Resources Limited (ASX:MDI) has reported further encouraging results from its recently finalised Phase 1 RC drilling program. Middle Island has reported 1m assay results derived from drilling at Tailings South prospect and Twin Shafts deposit, along with the eight remaining assay results derived from the Two Mile Hill deposit.
Key assays declared by the Company include:
- Extended intercept at the Two Mile Hill deposit, of 22m at 1.42g/t Au.
- Identification of a mineralised extension from drilling at the southern extremity of the Twin Shafts deposit.
The results of the remaining 44 holes of Phase 1 RC drilling program are likely to be released next week.
MDI last traded at $0.012, up 9 per cent, on the ASX.
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