Join our daily newsletter At The Bell to receive exclusive market insights
- Middle Island Resources (MDI) recruits Paul Frawley as National Resources Manager as it schedules five lines of IP work at its Barkley copper-gold project in the Northern Territory
- Mr Frawley has been employed on a full time basis and will manage all exploration as well as associated permitting relationship building and title management
- The five lines of ground IP work will be completed to the existing line and will be 400 metre spacing for 2.4 kilometres of coverage across strike
- The company has secured a contract for two drills, which will be available in April
- Shares close 2.17 per cent higher today at 11.8 cents each
Middle Island Resources (MDI) has recruited Paul Frawley as National Resources Manager as it schedules five lines of IP work at its Barkley copper-gold project in the Northern Territory.
Mr Frawley has been employed on a full time basis and will manage all exploration as well as associated permitting relationship building and title management.
The five lines of ground IP work will be completed to the existing line and will be 400 metre spacing for 2.4 kilometres of coverage across strike.
The results from the IP work will finalise the plan for the first pass exploration drilling at the Crosswinds prospect. The company is planning ground magnetic work at the prospect in March.
The aeromagnetic survey and radiometric work has been delayed due to extreme weather conditions across the north of Australia.
The aeromagnetic survey will provide a regional assessment of potential targets across the project with a total of 10,000 kilometres completed so far.
The company has secured a contract for two drills, which will be available in April.
Both rigs will initially drill at Crosswinds before moving to other targets.
MDI has budgeted to drill from April to November.
Shares closed 2.17 per cent higher today at 11.8 cents each.
