Middle Island drilling underway

Middle Island Resources (ASX: MDI) is into its maiden drilling programme at the Sandstone gold project in Western Australia after “jumping from the bottom of the Fraser Institute [jurisdiction risk] survey to the top in one move”, abandoning a fraught and ultimately fruitless push for gold cash-flow in Niger and finalising a low-cost deal with administrators of the Sandstone assets.

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The company has wasted no time progressing work on a pre-feasibility study focussed on small-scale opencut mining and processing through Troy Resources’ old 600,000 tonnes per annum mill, with a