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About Us

About Us

Middle Island Resources Limited (MDI) is committed to a commodity focus on gold.  The directors of Middle Island firmly believe that the gold price will continue to strengthen over the medium and longer term. Gold also represents a commodity that can be produced on site, transported by air and sold over the counter, thereby obviating the requirement for expensive rail and port infrastructure, thereby permitting successful operations in jurisdictions where infrastructure is only poorly developed.

Middle Island’s primary ambition is to identify gold resources above a minimum stand-alone threshold of 1.1 to 1.2Moz, which would likely translate into a gold reserve of approximately 700,000oz at a nominal open pit conversion ratio of 65%, representing a minimum of 7 years production at approximately 100,000oz per annum. Middle Island considers that this ambition represents a minimum viable threshold in a Western Australian or West African context, unless the resources are located proximal to an existing processing facility.

MDI has a small, yet highly experienced board with high calibre technical, management, capital market and financial skills. The strong level of investor interest and support is a testament to the reputations and collective experience of the board and management team.

MDI maintains its corporate headquarters in Perth, Western Australia.  

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