Middle Island review confirms underground target at Sandstone

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THE DRILL SERGEANT: Middle Island Resources (ASX: MDI) has completed re-sampling of diamond drill core from the Two Mile Hill (2MH) banded iron formation (BIF) at the company’s newly-acquired Sandstone gold project in Western Australia.

Middle Island said the review had confirmed broad widths of high-grade gold at the priority underground target.

New Middle Island results for the Two Mile Hill BIF comprise:

22 metres at 23.8g/t gold;
8m at 56g/t gold; and
5m at 26.5g/t gold.

The re-sampling involved a broader geological and geophysical review initiated by Middle Island to understand and refine Two Mile Hill’s underground potential prior to a September diamond core drilling program to extend the resource.

The company explained the review is in addition to Middle Island’s immediate plans to undertake a RC drilling program designed to upgrade open pit resources at the Two Mile Hill, Shillington and Shillington North deposits for inclusion in the pre-feasibility study (PFS).

“The current review confirms the Two Mile Hill BIF deposit as a very real, high value, readily accessible, underground target that could supplement the initial open pit operation, thereby significantly enhancing the grade, mine life and envisaged production profile at the Sandstone gold project,” Middle Island Resources managing director Rick Yeates said in the company’s announcement to the Australian Securities Exchange.

Email: admin@cassiniresources.com.au

Website: www.middleisland.com.au