- Middle Island Resources (MDI) focuses on exploration at the Barkly Copper Gold Super-Project
- The Barkly project is located in the Barkly region of the Northern Territory, with the region is considered to be prospective for large copper-gold discoveries
- The Barkly region is also being explored by Newcrest, Rio Tinto, Elliot JV, and Emmerson Resources
- An aeromagnetic survey and ground gravity are planned, with drilling targets to be identified in the first half of 2022
- Middle Island Minerals (MDI) is unchanged at A$0.094 at 9:48 am AEDT
Middle Island Resources focuses on exploration at the Barkly Copper Gold Super-Project, commencing detailed magnetics and radiometrics survey over the project.
The Barkly project is located in the Barkly region of the Northern Territory, with the region is considered to be prospective for large copper-gold discoveries.
The Barkly region is also being explored by Newcrest, Rio Tinto, Elliot JV, and Emmerson Resources.
Fellow ASX-lister Emmerson Resources recently announced 117m at 3.38 per cent from drill hole HERC0003 at its Hermitage Prospect, which MDI said further underpins the prospectivity of its tenements in the Tennant Creek area.
The Barkly tenements are comparable to adjacent tenure held by Newcrest and Encounter Minerals.
Middle Island Resources expects results from an orientation IP survey this month.
An aeromagnetic survey and ground gravity are planned with support from the NT government Collaborations Programme.
Ground gravity is planned, initially in the priority Crosswinds Prospect area, with other surveys to follow.
Middle Island Minerals expects to identify drilling targets in the first half of 2022.
Middle Island Minerals is a gold exploration and development company focused in Western Australia and the Northern Territory.
Middle Island Minerals (MDI) is unchanged at A$0.094 at 9:48 am AEDT.