Miramar Resources: Creating Shareholder Value Through World-class Discoveries

Miramar Resources (ASX:M2R) explores multiple projects with the potential to host world-class mineral deposits in Australia's Eastern Goldfields and Capricorn Orogen, a rapidly emerging yet largely underexplored mineral province.

The company's two large and highly prospective landholdings includes the Whaleshark Iron-Oxide-Copper-Gold (IOCG) project and the Bangemall Nickel-Copper-PGE projects. Miramar also maintains two gold projects in the Eastern Goldfields, one of which — Gidji JV — has the potential to become a new gold camp in the region.

Miramar's strategy is simple — to create shareholder value through the discovery of world-class deposits. It's well-positioned to do exactly that, with active exploration programs, a tight share register and low enterprise value. The company is also quite well-funded, owing to a recent $2 million round of capital raising.

The Whaleshark Iron-Oxide-Copper-Gold (IOCG) project is located roughly 40 kilometers east of Onslow in the Ashburton region of Western Australia, Miramar secured $180,000 in Exploration Incentive Scheme (EIS) funding from the Western Australia Government to fund diamond drilling and project development at Whaleshark.

Company Highlights

• The current focus on battery metals creates significant upside opportunities for exploration, particularly on copper and nickel.
• Australian exploration company Miramar Resources is well-positioned to take advantage of the battery metals opportunity.
• Led by an experienced board with a track record of successful discovery, development and production, Miramar has acquired multiple potential world-class deposits, including:
  • Large, shallow IOCG targets at Whaleshark
  • Multiple nickel-copper-PGE targets at Bangemall
  • Multiple strategic Eastern Goldfields projects, including one with the potential to become a new gold camp
• Miramar is an active explorer with regular news flow, a tight share register and low enterprise value.

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