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Middle Island Resources Ltd.
Summary
| Project: | Sandstone | |
|---|---|---|
| Deposit: | Shillington, Shillington North, Two Mile Hill | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 10/11/2016 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 11-10-2016: Middle Island Resources Ltd. announces an Exploration/Drilling Update report for its Shillington, Shillington North, Two Mile Hill deposit at the Sandstone project. Drilling results incl. 5m @ 14.2g/t Au from 36m. Middle Island Resources Limit | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Rick Yeates (Internal) | |
| ABSTRACT: | Middle Island Resources Limited (ASX: MDI) advises that its programme of infill and extension RC resource definition drilling was completed on 19 August at the Shillington, Shillington North and Two Mile gold deposits within the Company’s Sandstone gold project in Western Australia. All assay results pertaining to the programme have been received and compiled. The drilling was designed to upgrade open pit resources not already in the Indicated category, and to provide the necessary information to re-estimate and report the resources in accordance with 2012 JORC Code guidelines. The programme comprised a total of 147 holes (4,253m), represented by 48 deeper angled infill holes at the Shillington and Shillington North deposits, and a further five deeper holes at Two Mile Hill, along with 94 shallow, vertical holes at Two Mile Hill designed to quantify peripheral laterite mineralisation. The results are generally (and predictably) consistent with the existing RC drilling at the deposits, further confirming the veracity of the earlier work. The full datasets for the Shillington, Shillington North and Two Mile open pit deposits have been provided to EGRM Consulting Pty Ltd for independent resource estimation in accordance with the 2012 JORC Code guidelines prior to application in the PFS. It is anticipated that these three deposits will comprise the initial 2-3 years mill feed for the proposed Sandstone gold project re-commissioning. The updated resource estimate will be available later in October. | |
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