
December 06, 2023
Miramar Resources Limited (ASX:M2R, “Miramar” or “the Company”) is pleased to advise that the Company has submitted an Exploration Licence Application over copper and uranium occurrences in the northern Gascoyne Region of WA.
- Application over copper and uranium occurrences in northern Gascoyne
- Tenement application covers
- Durlacher Supersuite granite – host to Yangibana and YIN REE deposits
- Historic high-grade Joy Helen Cu-Pb-Ag mine
Exploration Licence Application, E08/3676, covers part of an outcropping “Durlacher Supersuite” granite, the same unit that hosts the Yangibana (Hastings) and YIN (Dreadnought) REE deposits (Figure 1).
The tenement application also covers numerous N-S trending Mundine Well dolerite dykes, along strike from Dreadnought’s Mangaroon Ni-Cu-PGE prospect, and contains the “Chain Pool” uranium occurrence and the historic “Joy Helen” copper-lead-silver mine.
Miramar’s Executive Chairman, Mr Allan Kelly, said the Gascoyne region provided the opportunity for the discovery of multiple commodities and deposit types.
“This new application is prospective for base metal mineralisation hosted in sediments of the Edmund Basin, uranium and/or REE mineralisation associated with the Durlacher Supersuite granitoid, and potentially also Ni-Cu-PGE mineralisation associated with Mundine Well dolerite dykes,” Mr Kelly said.
“We look forward to progressing the tenement to grant and getting out on the ground,” he added.


Chain Pool Uranium occurrence
The Chain Pool occurrence is located within the “Telfer Batholith”, part of the Durlacher Supersuite and the same geological unit that hosts the REE deposits at Yangibana and YIN (Figure 2).
The batholith was first identified as being prospective for uranium mineralisation hosted within veins within the granites, similar to the Rössing and/or Phalaborwa deposits, in the 1970’s.
In the period 2009-2011, Raisama Limited conducted exploration targeting uranium mineralisation associated with the granitoid including a detailed airborne magnetic and radiometric survey across the entire granitoid batholith, followed by limited reconnaissance rock chip sampling and RC drilling.
The highest rock chip result of 1,898ppm U (i.e. 2,248ppm U3O8) came from a sample in what is now known as the “Chain Pool” prospect. Only two rock chip samples, approximately 1.4km apart, were ever taken within the 5km long radiometric anomaly (Figure 3).
A single RC drill hole, CP_RC05, was drilled to 80m and tested the radiometric anomaly beneath the highest rock chip result but failed to intersect significant uranium mineralisation.
The hole encountered granite intruded by thin pegmatites but the samples were only assayed for Rubidium, Thorium, Uranium and Zircon (WAMEX Reports a087098, a088661 and a089842).
Given the areal extent of the uranium anomalism, the similarities in geology to Yangibana, and the lack of any systematic sampling or drilling, the area remains prospective for uranium and/or REE mineralisation.
In addition, the Mundine Well dolerite dykes have apparently never been investigated for Ni-Cu-PGE mineralisation.
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.
copper stocksasx:m2rresource stocksasx stocksgold explorationgold stocksnickel stockscopper investingcopper explorationnickel exploration
M2R:AU
The Conversation (0)
06 February 2024
Miramar Resources
Aiming to create shareholder value through the discovery of world-class mineral deposits
Aiming to create shareholder value through the discovery of world-class mineral deposits Keep Reading...
17h
Copper Crunch: Demand Could Surge 50 Percent as Supply Falls Short by 2040
S&P Global’s new report, Copper in the Age of AI: The Challenges of Electrification, warns that copper demand could surge 50 percent by 2040, reaching 42 million tonnes as the global push for electrification accelerates. Supply, however, is projected to fall short, creating a 10 million tonne... Keep Reading...
13 January
Nine Mile Metals Announces Upsizing of LIFE Offering
Nine Mile Metals Ltd. (CSE: NINE,OTC:VMSXF) (OTC Pink: VMSXF) (FSE: KQ9) ("Nine Mile" or the "Company") is pleased to announce that, due to strong investor demand, it has upsized the listed issuer financing exemption offering previously announced on January 5, 2026 (the "Offering") from gross... Keep Reading...
13 January
Eastern Metals Recommences ASX Trading – Aiming to Unlock High-Potential Copper Discoveries in New Brunswick, Canada
Eastern Metals Ltd (ASX: EMS) (Eastern Metals or the Company) (to be renamed Raptor Metals Ltd (ASX: RAP)) is pleased to advise it has recommenced trading on the Australian Securities Exchange (ASX) today following its acquisition of Raptor Resources Limited (Raptor Resources). HIGHLIGHTS... Keep Reading...
09 January
Raptor Resources
An Exploration & Development Company with Copper Resources + Base Metals Offering Significant Potential in Critical Metals Keep Reading...
09 January
Rio Tinto, Glencore Restart Talks on US$260 Billion Mining Mega-Merger
Commodities giants Rio Tinto (ASX:RIO,NYSE:RIO,LSE:RIO) and Glencore (LSE:GLEN,OTCPL:GLCNF) said on Thursday (January 8) that they have restarted talks about a potential business combination.The two major miners spoke previously back in 2024, but failed to reach an agreement. This time around,... Keep Reading...
09 January
Q4 & 2025 Trading Update
Strong Cobre performance provides sustainable revenue and operational stability to enable continued advancement of the Redmoor Tungsten-Tin-Copper Project
Strategic Minerals plc (AIM: SML; USOTC: SMCDF), an international mineral exploration and production company, is pleased to provide the following update on Q4 and 2025 performance and activities. HighlightsSignificant share price appreciation in 2025 - up 470% and one of the top performing... Keep Reading...
Latest News
Interactive Chart
Latest Press Releases
Related News
TOP STOCKS
American Battery4.030.24
Aion Therapeutic0.10-0.01
Cybin Corp2.140.00






