Middle Island Resources Announces Significant Gold-Silver Intersections at Bobija
Key points
- Phase 2 RC drilling significantly expands mineralised footprint of Bobija gold-silver-base metal system
- New assay results deliver wide, near-surface gold-silver-lead-zinc intersections
- Every drill hole reported to date has intersected significant mineralisation
- Gold and silver emerging as major credits in the historical base metal deposit
- Further drilling planned to assess the full extent of the Bobija system
Full summary
Middle Island Resources Limited (ASX:MDI) has reported significant results from its phase 2 drilling program at the Bobija Mine area in Serbia. The drilling has expanded the mineralised footprint of the gold-silver-lead-zinc system, with consistent, high-grade intersections. Notable results include 62m @ 0.72g/t Au, 27.4g/t Ag, and significant base metals. Every drill hole to date has intersected substantial mineralisation, supporting the company's view of a large, laterally extensive mineralised system. Gold and silver are emerging as major components of the deposit. Assay results are pending for eight additional drill holes, and further drilling is planned to assess the full extent of the mineralisation.
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