THE DRILL SERGEANT: Middle Island Resources (ASX: MDI) has continued its drilling success with further results from an ongoing Phase 2 reverse circulation (RC) drilling campaign underway at the company’s 100 per cent-owned Sandstone gold project in the central goldfields of Western Australia.
Middle Islands Resources latest Phase 2 reverse circulation (RC) intercepts have come from the Shillington deposit, and include:
6 metres at 10.5 grams per tonne gold; and
8m at 9.12g/t gold
The recent drilling involved a program comprising 20 new holes, designed infill and upgrade two ‘panels’ of Inferred Mineral Resources within the optimum pit shell allowing them to be considered as Ore Reserves, and also confirm a shallow mineralised extension at the northern end of the deposit.
The Shillington deposit is situated 2.5 kilometres north of the company’s 100 per cent-owned 600,000 tonnes per annum gold processing plant.
The latest results also include a further 24 holes at the southern extension of the Twin Shafts deposit, located only 500m southwest of the mill.
This drilling also returned encouraging intercepts of:
4m at 8.12g/t gold;
4m at 3.12g/t gold; and
10m at 2.27g/t gold
Middle Island indicated the Twin Shafts results will be applied in resource estimation and pit optimisation studies to justify mining of the southern extension.
The company has a Phase 3 exploration drilling campaign, focussed on the McIntyre, Ridge and Shillington Gap areas at Sandstone, planned to commence late in October 2020.