Middle Island Resources Extends Two Mile Hill Gold Hit

Tuesday, November 14, 2017
THE DRILL SERGEANT: Middle Island Resources (ASX: MDI) carried out a diamond core extension to drill hole MSDD156 at the Two Mile Hill tonalite deeps deposit, part of the company’s Sandstone gold project in Western Australia.

Middle Island Resources explained that the original MSDD156 generated an intercept of 415.2 metres at 1.34 grams per tonne gold from the commencement of coring at 83.7m depth to the end of the hole at 498.9m.

This broader intercept ended with an intersection of 66.9m at 3.27g/t Au from 432m to end of hole at 498.9m, finishing in strongly mineralised material.

Middle Island completed a 231m diamond core extension to hole MSDD156 (to a final depth of 730m), which produced a revised gold intercept of 508.3m at 1.38g/t gold.

The results show MSDD156 to be mineralised from the start of coring to 592m depth, including an intercept of 160m at 2.31g/t gold (from 432m to 592m depth).

Middle Island declared that when combined with the RC pre-collar (MSDD155) situated immediately adjacent to MSDD156, the extended mineralised intercept becomes 551m at 1.33g/t gold.

The company said the intercept in MSDD156 was consistent with previous diamond drilling at Two Mile Hill, including intersections of 372.7m at 1.52g/t gold, 230.4m at 1.62g/t gold, 353.3m at 1.04g/t gold, 141m at 2.3g/t gold, and 156.3m at 1.14g/t gold.

“Drilling confirms the presence of a substantial and ubiquitously mineralised system measuring 250 metres in strike and up to 90 metres in width that is mineralised to at least 713 metres depth and remains open beneath this level,” Middle Island Resources said in its ASX announcement.

“This latest drill intercept, along with encouraging results derived from recent metallurgical and mineralogical testwork, increases the potential for bulk underground mining beneath the proposed open-pit cutback at Two Mile Hill.”


Email: info@middleisland.com.au


Website: www.middleisland.com.au