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Middle Island Resources Ltd.
Summary
| Project: | Sandstone | |
|---|---|---|
| Deposit: | Twin Shafts | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 5/22/2020 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 22-5-2020: Middle Island Resources Ltd. announces an Exploration/Drilling Update report for its Twin Shafts deposit at the Sandstone project. Drilling results incl. 22m @ 1.42g/t Au from 65m. Explorer and aspiring gold developer, Middle Island Resources L | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Rick Yeates (Internal) | |
| ABSTRACT: | Explorer and aspiring gold developer, Middle Island Resources Limited (Middle Island, MDI or the Company) is pleased to announce further encouraging results from the Company’s recently completed 13,400m, Phase 1, reverse circulation (RC) drilling program. The Phase 1 RC drilling represents the second of four planned programsthat collectively comprise a campaign totalling at least 17,300m of exploration and resource definition drilling at the Company’s 100%-owned Sandstone gold project in the central goldfields of Western Australia. The Phase 1 RC program, exclusively focussed on open pit targets at Sandstone, has tested some 14 gold deposits and prospects (Figure 1), all within 4km of the Company’s 100%-owned gold processing plant and the majority on permitted Mining Leases. In the case of existing deposits, drilling is designed to variously extend Mineral Resources, reclassify Mineral Resources from Inferred to Indicated status, and/or upgrade JORC Code 2004 Mineral Resources to JORC Code 2012 compliance. These comprise the Two Mile Hill, Shillington, Wirraminna, Goat Farm, Twin Shafts and Plum Pudding deposits. | |
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