Miramar Resources Commences RC and Aircore Drilling at Gidji Project

THE DRILL SERGEANT: Miramar Resources (ASX: M2R) has commenced RC and aircore drilling at the company’s 80 per cent-owned Gidji JV project north of Kalgoorlie-Boulder in the Eastern Goldfields region of Western Australia.

Miramar Resources commenced the initial program of six RC holes that will test several targets at Gidji, including the Marylebone target that had been outlined by multiple aircore drill results of over 0.5 grams per tonne gold.

Marylebone extends for approximately 1.2 kilometres and remains open along strike to the northwest and southeast within the Boorara Shear Zone.

Unsurprisingly, the Phase 3 drilling follows a Phase 2 campaign, from which Miramar has received all assays showing it has been able to extend and upgrade each of the targets originally identified by Phase 1 drilling.

One to stand out outside Marylebone came from the Piccadilly target where GJAC251 returned a 36m thick layer of regolith gold anomalism between GJAC058 (1m at 4.53g/t gold EOH) and GJAC059 (1m at 0.83g/t gold EOH).

Miramar explained the drilling results at Piccadilly outline a target that is approximately 600m long and up to 250m wide with no bedrock drill testing at this stage.

The target will be tested as part of the current RC drilling campaign.

“The geology, structure and scale of the Marylebone target are remarkably similar to the 10 million ounce Paddington deposit, but Marylebone has seen no effective bedrock drill testing to date,” Miramar Resources executive chairman Allan Kelly said in the company’s ASX announcement.

“We intersected high-grade gold in a quartz vein at Marylebone with our first aircore program and the second phase aircore drilling grew the target footprint and upgraded the results.

“The magnetic data we have collected appears to show magnetite destruction that may be a result of gold mineralisation, so we are very excited about testing this target at depth for the first time.”




Email: info@miramarresources.com.au


Web: www.miramarresources.com.au