Major Polymetallic Target Emerges at Bobija
| Stock | Middle Island Resources Ltd (MDI.ASX) |
|---|---|
| Release Time | 13 May 2026, 10:43 a.m. |
| Price Sensitive | Yes |
Major Polymetallic Target Emerges at Bobija
- Follow-up soil sampling expands Tisovik polymetallic discovery
- Multiple high priority target zones defined across ~6km strike
- Assays up to 7.1g/t Ag, 4,685ppm Pb, 969ppm Zn, 1,049ppm Sb
Middle Island Resources has received assay results from an expanded soil and rock chip sampling program at the Bobija Project in Serbia, which has significantly expanded the Tisovik polymetallic discovery. The program has defined multiple high priority target zones across a ~6km strike extent, including Tisovik, Red Rock and Kozila, with outstanding soil sample results up to 7.1g/t Ag, 4,685ppm Pb, 969ppm Zn and 1,049ppm Sb. Rock chip and grab samples have also confirmed high-grade mineralisation, with assays up to 12.0g/t Ag, 0.54% Pb and 2.85% Sb, including visible stibnite mineralisation at Red Rock. The silver-lead-zinc-antimony mineral assemblage is consistent with a carbonate replacement deposit (CRD), a globally significant deposit style for hosting large, high-grade ore bodies. The Bobija Project is located just 20km from the Veliki Majdan silver-lead-zinc mine, reinforcing the regional potential. Further soil sampling and ground checking is planned to target extensions to the open-ended anomalism within large, untested areas.
The Company is highly encouraged by the results generated to date from the under-explored Tisovik target area, where three large zones of multi-element soil anomalism have been defined, highlighting the scale of the mineral system identified to date. The next phase of exploration will focus on extending soil sampling northward into an approximate 8km² untested area within the Bobija exploration licence, to test the continuity and potential scale of the anomalous trends identified to date, and to further refine priority target areas for follow-up exploration.