Miramar Resources (ASX:M2R) is advancing multiple exploration campaigns across Western Australia, focusing on gold near Kalgoorlie and nickel-copper-PGE targets in the Gascoyne. Executive Chair Allan Kelly highlights progress at the Gidji Joint Venture, an emerging gold camp just 15km north of Kalgoorlie, and the Bangemall project, which targets Norilsk-style sulphide deposits in a newly recognised mineral province.
At Gidji, Miramar is following up significant supergene gold hits under the Gidji Paleochannel with deeper drilling to locate bedrock sources. The 8 Mile target, adjacent to Northern Star’s 330koz “8 Mile Dam” deposit, is a key focus. Previous drilling may have missed the mineralisation due to fault offsets—new IP anomalies now support a revised model, with a four-hole RC program about to commence.
In the Gascoyne, Miramar’s Bangemall project is exploring for giant nickel-copper-PGE deposits within mafic dolerite sills—features shared with major global deposits like Norilsk and Nebo-Babel. At Mt Vernon, the company has already intersected disseminated chalcopyrite and pentlandite, with a new VTEM survey to begin mid-July to locate massive sulphide targets.
With a market cap of just $4m, Miramar sees significant leverage to discovery. Drill results from Gidji and new geophysical data from Bangemall are expected over the coming months.
Watch the full presentation to hear more from Allan Kelly on Miramar’s strategy and near-term catalysts.
