Tag: Middle Island

AS gold prices continue to rise rapidly, gold exploration is ramping up all over the goldfields and Sandstone is no exception. Aircore geochemical drilling at Middle Island’s Sandstone gold project, WA, has confirmed a new Tailings South gold target, just 800m south, a result from the Jan 2020 1800m program. Tailings South will be the last prospect to be tested as part of the company’s current 12,300m Phase I reverse circulation (RC) drilling program. These additional Mineral Resources will be applied to the Sandstone pre-feasibility study which is expected to be completed by the end of the 2020 June quarter, and will be crucial to decision around recommissioning. Originally identified by a Weights of Evidence (WoE) structural targeting study, the…

MIDDLE Island Resources starts 2020 with the announcement of a major drilling campaign at its Sandstone gold project in central WA. A wholly-owned subsidiary situated 400km NW of Kalgoorlie, Sandstone was acquired by Middle Island in 2016, which had a major interest in its 600ktpa gold processing plant. Originally opened in 1890, the site was acquired by Troy Resources in 1990, which worked the 4.4t open pit of ore grad 3.6g/t until 2010, producing 508,000oz of gold. With near record Australian gold prices, the company has made the decision to target 17 identified prospects and deposits, mainly located on existing permitted tenure and all within 5km of the processing plant. The campaign comprises a sequential series of aircore (AC), reverse…