EXPLORATION & DEVELOPMENT

Middle Island makes Two Mile Hill estimate and hits high-grade gold

PERSISTENT Sandstone gold explorer Middle Island Resources has recorded a strong drill hit and reported a 500,000 ounce resource that will likely require a significantly higher gold price to be economic.

 Sandstone mill, WA

Sandstone mill, WA

The resource of 14.2 million tonnes grading 1.1 grams per tonne for 500,000oz at the Two Mile Hill deeps deposit could potentially be mined in the future via a sub-level cave scenario, with stope optimisation...

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