Middle Island Resources (ASX:MDI) has confirmed extensive mineralisation from channel sampling across exposed sulphide–barite zones at its Bobija Mine Project in western Serbia.
The company completed four diamond-sawn channels across mineralised outcrops in the open pit, collecting 157 one-metre samples.
The work returned broad intervals of mineralisation, including 46 metres at 1.07 grams per tonne gold, 91.5g/t silver, 0.57% copper, 2.08% lead and 2.03% zinc.
According to the company, individual assays peaked at 8.25g/t gold, 499g/t silver, 2.46% copper, 16.70% lead and 9.41% zinc, confirming strong polymetallic grades within the historical mine area.
These samples will be re-assayed using higher-capacity methods to determine full concentrations.
Non-executive chairman Daniel Raihani says the results validate the company’s confidence in the remaining mineral potential at Bobija, where historical work did not focus on gold.
“The gold, grading up to 8.25g/t, is particularly noteworthy, as samples were rarely assayed for gold in the past, suggesting a significant additional value opportunity,” Raihani says.
Middle Island recently completed its maiden reverse circulation drilling program of 11 holes for 816m, designed to test the down-dip and lateral extensions of the sampled zones. Assay results are expected later in November.
The company also reports that additional rock-chip and grab samples collected across the broader Bobija Mine area are pending. Further exploration work will include trenching, geological mapping and geophysical surveying to refine future drilling targets and assess the full extent of polymetallic mineralisation across the licence area.
This content was created with AI assistance and human editing.
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Images: Middle Island Resources
