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Middle Island Resources Limited ( (AU:MDI) ) has provided an announcement.
Middle Island Resources Limited has initiated a maiden reverse circulation drilling program at the Bobija Polymetallic Project in Serbia, targeting gold-silver-copper-lead-zinc mineralization. This project, part of Konstantin Resources’ portfolio, aims to explore the potential of the Bobija deposit, which is considered analogous to the Vares polymetallic mine in Bosnia and Herzegovina. The drilling program, along with recent channel sampling, will contribute to developing a new geological model, enhancing the company’s exploration efforts in the region.
More about Middle Island Resources Limited
Middle Island Resources Limited is a company operating in the mining industry, focusing on the exploration and development of mineral resources. Its primary products include gold, silver, copper, lead, and zinc, with a market focus on polymetallic deposits.
YTD Price Performance: 266.67%
Average Trading Volume: 2,739,143
Technical Sentiment Signal: Hold
Current Market Cap: A$12.9M
For a thorough assessment of MDI stock, go to TipRanks’ Stock Analysis page.