Breaking new ground: Middle Island Resources starts major drilling at Barkly – What will they discover?

Middle Island Resources Limited (ASX: MDI) has initiated an ambitious exploration drilling program at the Barkly Copper-Gold Super Project, situated in the Northern Territory. This strategic move is underpinned by a substantial $300,000 in co-funding grants from the Northern Territory Government, marking a significant step in the exploration of this under-explored region.

Roland Bartsch, Chief Executive Officer of Middle Island, expressed enthusiasm about the new phase: “The commencement of drilling at the Georgina Project area is exciting for the Barkly Copper-Gold Super Project, where MDI moves to the next stages of systematically testing the established substantial pipeline of drill targets, to unlock the potential of this significantly under-explored region.”

The exploration effort is set to include three diamond drillholes, each reaching depths of 600-650 meters, targeting the Wilma, Pebbles, and Dino prospects within the Georgina Project area (EL32109). These sites have been identified based on detailed geophysical data analysis and are considered key in testing the presence of Iron Oxide Copper Gold (IOCG) and Sediment Hosted Cu-Zn-Pb-Ag (SedH) deposits. The prospects, which remain ‘blind’ beneath post-mineralisation cover, are potential hosts for significant mineral deposits, akin to those already identified within the region.

Middle Island Resources kicks off drilling at Barkly Copper-Gold Super Project in Northern Territory, eyeing major mineral discoveries

Spanning an impressive 6,918 sq kms, Middle Island’s holdings in the Tennant Creek and Barkly areas present a rich tapestry of quality targets ripe for exploration. The company plans to conduct these drill programs in stages, with a further round of drilling at the Bedrock Prospect proposed for later in 2024 as part of this systematic exploration initiative.

The launch of the drilling program at Barkly Copper-Gold Super Project by Middle Island is a pivotal development in the mining sector. By leveraging extensive geophysical research and strategic government partnerships, MDI is well-positioned to uncover significant mineral resources in a region that has historically been under-explored. This exploration could potentially yield high-value deposits, crucial for the company’s growth and for enhancing the mining landscape in the Northern Territory.