Quarterly Activities Report & Cash Flow Report

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Stock Middle Island Resources Ltd (MDI.ASX)
Release Time 31 Jul 2026, 10:03 a.m.
Price Sensitive Yes
 Middle Island Resources Quarterly Activities Report
Key Points
  • Outstanding results from the Phase 2 drill program at Bobija, Serbia
  • Drilling confirms a laterally extensive, shallow gold-silver-base metal system
  • High-grade intersections reported from multiple drill holes
  • Phase 3 drilling planned to extend mineralisation at Bobija
  • Tisovik soil and rock chip sampling identifies multiple silver-lead-zinc-antimony targets
Full Summary

Middle Island Resources Limited (ASX:MDI) reports positive quarterly activities and cash flow for the period ended 30 June 2026. The company highlights outstanding results from the Phase 2 drill program at Bobija, Serbia, which confirmed a laterally extensive, shallow gold-silver-base metal system. Significant intersections include BMLRC012, BMLRC014, BMLRC016, BMLRC022, and BMLRC023. Phase 3 drilling is planned to extend mineralisation at Bobija. Soil and rock chip sampling at Tisovik identified multiple silver-lead-zinc-antimony targets extending across approximately 6km of strike. High-grade antimony values and visible stibnite mineralisation at Tisovik strengthen the potential for a large carbonate replacement deposit (CRD) system. The company's cash and listed investments total approximately $3.15 million, providing a solid platform for continued exploration success.