Miramar Resources Drills Growth at Marylebone Target

THE DRILL SERGEANT: Miramar Resources (ASX: M2R) greeted day one of the Diggers 7 Dealer forum in Kalgoorlie with an announcement of recent aircore drilling results have substantially increased the footprint of the Marylebone prospect at the company’s 80 per cent-owned Gidji JV project in the Eastern Goldfields region of Western Australia.

Miramar Resources released the new results from Marylebone, which included multiple holes with 4m composite samples over one gram per tonne gold that have extended the Marylebone target by approximately 800 metres to the northwest.

The new results have taken the total strike length of the Marylebone prospect to almost two kilometres, however the prospect remains open along strike to the northwest and southeast within Miramar’s existing tenement applications and is virtually untested at depth below about 60m.

New aircore results include:

GJAC303
3m at 1 grams per tonne gold from 52m to EOH;

GJAC304
4m at 1.22g/t gold from 48m;

GJAC310
4m at 1.46g/t gold from 40m;

GJAC315
4m at 1.47g/t gold from 44m;

GJAC318
4m at 1.02g/t gold from 52m;

GJAC328
4m at 1.4g/t gold from 52m; and

GJAC341
4m at 1.33g/t gold from 52m.

“Our systematic aircore drilling continues to grow Marylebone, with the footprint now stretching over almost two kilometres and the tenor of the results apparently increasing towards the northwest,” Miramar Resources executive chairman Allan Kelly said in the company’s ASX announcement.

“The new results are associated with NW trending mafic and/or ultramafic units within the Boorara Shear Zone crosscut by N-S trending structures which is similar to that seen at Paddington.

“The significant gold results occur at the top of weathered mafic/ultramafic basement rocks and are associated with anomalous Ag indicating a probable association with bedrock gold mineralisation.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Email: info@miramarresources.com.au

 

Web: www.miramarresources.com.au