Middle Island Resources : 10 Aug 2022 Maiden Drilling Program Completed at Crosswinds PDF

Middle Island Resources Ltd

ACN 142 361 608

ASX code : MDI

www.middleisland.com.au

Capital Structure:

122,418,222 ordinary shares

Cash & Investments

$9.01 million (as of 30 June 2022) No debt

Directors & Management:

Peter Thomas

Non-Executive Chairman

Brad Marwood

Executive Director

Bruce Stewart

Non-Executive Director

Rudolf Tieleman

Company Secretary

Contact:

Brad Marwood

Office: [phone]

[e-mail]

ASX Release - 10 August 2022

MAIDEN DRILLING PROGRAM COMPLETED AT

CROSSWINDS

Middle Island Resources Limited advises that the 3,025m maiden drilling program for potential IOCG style mineralisation near the Barkly Roadhouse has been completed.

Core derived from that programme will be interrogated, logged and subjected to XRF measurements while assay results are awaited.

The airborne geophysics analysis is expected soon and will provide a further layer to the weight of evidence to define and prioritise drill targets at the Barkly Copper-Gold Super Project.

RELEASE AUTHORISED BY THE MDI BOARD:

Contacts:

[phone]

[e-mail]

WEBSITE: www.middleisland.com.au

Forward Looking Statements

Statements contained in this release, particularly those regarding possible or assumed future performance, costs, dividends, production levels or rates, prices, resources, reserves or potential growth of Middle Island, industry growth or other trend projections are, or may be, forward looking statements. Such statements relate to future events and expectations and, as such, involve known and unknown risks and uncertainties. Actual results and developments may differ materially from those expressed or implied by these forward-looking statements depending on a variety of factors.

Competent Person Statement

The reported Exploration Results were compiled by Paul Frawley, a Member of the Australian Institute of Geoscientists. Mr. Frawley has sufficient experience that is relevant to the style of mineralization and type of deposit under consideration and to the activity being undertaken to qualify as a Competent Person as defined in the 2012 Edition of the 'Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves'. Mr. Frawley is a full-time employee of MDI, and the Competent Person for the Company and other than being paid fees for services in cash and shares for compiling this report, he does not have any financial interest (direct or contingent) in MDI.

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