Miramar Resouces

Quarterly Activities Report Ending 30 September 2023

Miramar Resources Limited (ASX:M2R, “Miramar” or “the Company”) is pleased to provide a summary of activities completed during the Quarter ending 30 September 2023.


Highlights

  • Initial EIS co-funded diamond drilling at Whaleshark intersects copper sulphide mineralisation and IOCG pathfinders
  • POW approved for drill testing at Mt Vernon Ni-Cu-PGE project
  • Lithium potential identified at Randalls
  • $1.7 million Capital Raising completed

During the Quarter, the Company focused on completion of the first diamond drilling campaign at the Whaleshark IOCG Project in the Ashburton region of WA.

GASCOYNE REGION PROJECTS

Miramar has two projects within the Proterozoic Capricorn Orogen of WA comprising several granted and pending Exploration Licenses.

Whaleshark IOCG Project

The Whaleshark Project is located approximately 40km east of Onslow, in the Ashburton region of Western Australia, and is characterised by a large folded Proterozoic banded iron formation and granite complex under approximately 100m of Cretaceous Carnarvon Basin sediments (Figure 2).

The Company believes there is potential for discovery of a large IOCG deposit at Whaleshark.

Figure 2. Whaleshark magnetic image showing targets in the neck of the granite.

During the Quarter, Miramar completed an initial 3-hole diamond drilling campaign that was co-funded under the WA government’s “Exploration Incentive Scheme” (EIS).

The drilling targeted a discrete gravity anomaly within the Whaleshark granite which is crosscut by a NW- trending structure and located beneath coincident MMI soil anomalism and strongly anomalous “interface” aircore results up to 435ppm Cu, 889ppm Co and 7.7g/t Ag.

WSDD001 targeted the southern part of the gravity anomaly, whilst WSDD002 and WSDD003 targeted the 4 km long NW-trending structure itself (Figure 3).


Click here for the full ASX Release

This article includes content from Miramar Resources Limited, licensed for the purpose of publishing on Investing News Australia. This article does not constitute financial product advice. It is your responsibility to perform proper due diligence before acting upon any information provided here. Please refer to our full disclaimer here.

M2R:AU
Miramar Resources

Miramar Resources Investor Kit

  • Corporate info
  • Insights
  • Growth strategies
  • Upcoming projects

GET YOUR FREE INVESTOR KIT

The Conversation (0)
Miramar Resources (ASX:M2R)

Miramar Resources


Keep reading...Show less
Altiplano Reports Q4 2023 Operational Results at Farellon with Improved Cu Grade and Output

Altiplano Reports Q4 2023 Operational Results at Farellon with Improved Cu Grade and Output

Altiplano Metals Inc. (TSXV: APN) (WKN: A2JNFG) ("Altiplano" or the "Company") is pleased to report on Q4 2023 operation results from the Farellon Copper-Gold-Iron (Cu-Au-Fe) mine located near La Serena, Chile.

The Company extracted a total of 9,114 tonnes of mineralized Cu-Au material and processed 8,125 tonnes during Q4 2023 at Farellon. This represents a 12% and 13.6% increase respectively from the Q3 production and processing figures. Mine production in Q4 represented the highest quarterly production over the 2024-year period. Copper grade improved in Q4 to 1.87% representing an 8.7% increase from the 1.72% Cu recovered in Q3. Sales of 325,328 pounds of copper in 2023 Q4 generated approximately US$798,919 in revenue (after processing costs), an increase of 25% over the $639,458 revenue figure received in Q3 - an increase related mainly to processing higher Cu grade material.

News Provided by Newsfile via QuoteMedia

Keep reading...Show less
Warriedar Resources

Drilling Recommences at Ricciardo

Warriedar Resources Limited (ASX: WA8) (Warriedar or the Company) is pleased to announce the commencement of 2024 drilling activities at its Golden Range and Fields Find Projects in the Murchison region of Western Australia. Initial activities are focussed on an extensional Reverse Circulation (RC) drilling program at the sizeable Ricciardo gold deposit.

Keep reading...Show less
andrew chanin, clock pointing to "mitigate risk"

Andrew Chanin: Natural Disaster Stocks — How to Invest Before, During and After

As the cost of natural disasters rises, it's worth investing in companies that help before, during and after.

That's according to Andrew Chanin, CEO of Procure ETFs. He created the Procure Disaster Recovery Strategy ETF (NASDAQ:FIXT), which tracks companies engaged in natural disaster preparedness and recovery.

With holdings ranging from NVIDIA (NASDAQ:NVDA) to Babcock International Group (LSE:BAB,OTC Pink:BCKIF) to Home Depot (NYSE:HD), the fund is up nearly 30 percent since its launch in mid-2022.

Keep reading...Show less
Odessa Minerals

Targets Generated at Gascoyne East Project

Odessa Minerals Limited (ASX:ODE) (“Odessa” or the “Company”) is pleased to announce that it has completed an airborne gradiometer magnetic and radiometric survey over the Company’s +2,100 square kilometre tenement package at its Gascoyne East Project (“Project”) in the Gascoyne region of Western Australia.

Keep reading...Show less
Odessa Minerals

Odessa Minerals Limited (ASX: ODE) – Trading Halt

Description

The securities of Odessa Minerals Limited (‘ODE’) will be placed in trading halt at the request of ODE, pending it releasing an announcement. Unless ASX decides otherwise, the securities will remain in trading halt until the earlier of the commencement of normal trading on Tuesday, 27 February 2024 or when the announcement is released to the market.

Keep reading...Show less
Miramar Resources

Miramar Resources Investor Kit

  • Corporate info
  • Insights
  • Growth strategies
  • Upcoming projects

GET YOUR FREE INVESTOR KIT

Latest Press Releases

Related News

×