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- Middle Island Resources (MDI) has received further significant results from the phase two drilling program at the McIntyre Prospect
- McIntyre lies within the company’s Sandstone Gold Project, which is located 400 kilometres northwest of Kalgoorlie in Western Australia
- To date, more than 37,000 metres of reverse circulation (RC) and diamond drilling has been completed over the phase one and phase two programs
- Results from this phase two drill have returned gold grading up to 3.53 grams per tonne
- Once this phase two program has been completed, exploration RC drilling will be undertaken across the 1.1-kilometre long Shillington Gap target
- Middle Island is currently up 2.27 per cent on the market and shares are trading for 2.3 cents each
Middle Island Resources (MDI) has received further significant results from the phase two drilling program at the McIntyre Prospect.
McIntyre lies within the company’s Sandstone Gold Project which is located 400 kilometres northwest of Kalgoorlie in Western Australia.
To date, more than 37,000 metres of reverse circulation (RC) and diamond drilling has been completed in the phase one and two programs.
This has extended several existing deposits and identified five new prospects.
Middle Island’s ongoing phase two program has focused on the new McClaren, McIntyre, Ridge, Old Town Well, and Plum Pudding prospect.
New results from McIntyre include nine metres at 3.53g/t gold from surface, 18 metres at 2.47g/t gold from 24 metres, and 14 metres at 2.22g/t gold from 42 metres.
These results follow on from the phase one RC program, which returned 24 metres at 1.66g/t gold from surface, 23 metres at 1.4g/t gold from 11 metres, and 11 metres at 1.39g/t gold from 25 metres.
“Phase two infill and extension RC drilling at the new McIntyre deposit has confirmed the broad, consistent gold intercepts returned from phase one RC drilling of that deposit,” Managing Director Rick Yeates commented.
“These provide further encouragement that McIntyre will likely represent a new, low strip ration, open-pit deposit to supplement the planned Sandstone mill recommissioning inventory,” he added.
Once this phase two program has been completed, exploration RC drilling will be undertaken across the 1.1-kilometre long Shillington Gap target.
Middle Island is up 2.27 per cent on the market and shares are trading for 2.3 cents at 1:30 pm AEST.
