Miramar Resources

Option to Acquire Strategic Eastern Goldfields Tenement Application

Miramar Resources Limited (ASX:M2R, “Miramar” or “the Company”) advises that the Company has further expanded its strategic Eastern Goldfields tenement portfolio with an Exclusive Option to acquire an Application Exploration Licence approximately 90 kilometres east of Kalgoorlie.


The Application for Exploration Licence E25/654 (Application) abuts Global Lithium Resources Limited’s “Manna” lithium project and the recent rare earth element (REE) discovery by Kairos Minerals Limited at its “Black Cat” Prospect (Figure 1).

The Application abuts Miramar’s existing Randalls Project, is located between Silver Lake Resources Limited’s Mt Belches and Aldiss gold operations and overlies the confluence of three major regional structures, the Avoca, Jubilee and Yilgangie Faults.

Underlying geology includes the Mt Belches Formation, which hosts both the Mount Belches gold deposits and the Mineral Resources Limited’s Bald Hill lithium mine further south.

Given its location and prospective geology, Miramar believes the Application has potential for the discovery of gold, lithium and REE mineralisation, but has been underexplored, with minimal previous drilling.

In late April 2024, Debnal Pty Ltd, a company controlled by Miramar’s Executive Chairman, Mr Allan Kelly, was awarded an exclusive 14-day Prior Right to apply for the area by the Department of Energy, Mines, Industry Regulation and Safety (DEMIRS), ahead of competing applications submitted by several other companies, including FMG and Hancock Prospecting.

Debnal submitted its tenement Application on 8 May 2024.

Miramar will now progress the tenement application towards grant.


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
Terra Metals Limited

Drilling Confirms Discovery of Large Platreef-Style Copper-PGE Sulphide Reefs at Dante

Terra Metals Limited (ASX:TM1) (“Terra” or “Company”) is pleased to announce that results from a further 14 wide-spaced, first-pass reconnaissance drill holes at the Dante Reefs has confirmed the discovery of multiple Platreef-style copper-PGE sulphide reefs. Defined over 4.5km thus far across Reef 1 and Reef 2, mineralisation remains open along strike and downdip, with assays pending from a further 16 drillholes covering an additional 4.5km of strike at Reef 2.

Keep reading...Show less
Miramar Resources

Gold and Critical Minerals Exploration Presentation

Gold Coast Investment Showcase 19-20 June 2024

Miramar Resources Limited (ASX:M2R, “Miramar” or “the Company”) is pleased to present its investor presentation.
Keep reading...Show less
Miramar Resources

Whaleshark Exploration Update

Miramar Resources Limited (ASX:M2R, “Miramar” or “the Company”) is pleased to provide an update on exploration activities at the Company’s 100%-owned Whaleshark Project, in the Gascoyne region of WA, where the Company has outlined a significant magnetite Exploration Target of 411Mt - 2,353Mt at 25-30% Fe in proximity to substantial mining, processing, power, transport and shipping infrastructure.

Keep reading...Show less
A pile of 1 kilogram copper bars.

What Factors Affect Copper Supply and Demand? (Updated 2024)

From wiring and plumbing to electric vehicles (EVs) and electronics, base metal copper is key for a range of important applications in various industries. In fact, it's even earned the moniker "Dr. Copper."

That's because copper's widespread uses make it a valuable indicator for global economic health. Knowing what drives copper prices today is therefore helpful for investors who are focused on the bigger picture for copper.

Even though the red metal took a COVID-19-induced dive in the early spring of 2020, both 2021 and 2022 turned out to be record-setting years for the copper price. That trend has continued this year — in May, copper hit yet another a fresh all-time high, reaching US$5.20 per pound on the Comex, which equates to US$11,464 per metric ton (MT).

Keep reading...Show less
Miramar Resources

Miramar to Present at Gold Coast Investment Showcase Conference

Miramar Resources Limited (ASX:M2R, “Miramar” or “the Company”) is pleased to advise that the Company’s Executive Chairman, Mr Allan Kelly, will be presenting at the Gold Coast Investment Showcase at 9:30am (EST) on Thursday, 20th June 2024.

Keep reading...Show less
True North Copper

Successful completion of Retail Entitlement Offer

True North Copper Limited (ASX: TNC) (TNC or the Company) is pleased to announce the results of the retail component of the fully underwritten accelerated non-renounceable pro-rata entitlement offer announced on 23 May 2024, to raise approximately$16.7 million (before costs) (Entitlement Offer).
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

×