Miramar Resources Encounters Visible Gold in Second Glandore East Diamond Hole
THE DRILL SERGEANT: Miramar Resources (ASX: M2R) reported visible gold hits from the second diamond drill hole completed at the Glandore East target within the company’s 100 per cent-owned Glandore project east of Kalgoorlie, in the Eastern Goldfields region of Western Australia.
Miramar Resources’ current diamond drilling program at Glandore East is following up on historic diamond drilling that intersected high-grade gold mineralisation.
The company reported the two holes drilled to date have confirmed the presence of high-grade gold mineralisation over a strike length of at least 100 metres and down to a vertical depth of 130m with mineralisation open in all directions at this stage.
“We believe there is potential for multiple NNE-trending high-grade veins at Glandore East, as well as substantial supergene gold mineralisation,” Miramar Resources executive chairman Allan Kelly said in the company’s ASX announcement.
“The second hole appears to confirm this interpretation and we look forward to the results of this hole.”
Miramar has also completed aircore drilling at the Boorara North, Whaleshark and Randalls projects and is anticipating receiving the results of these program over the coming weeks.
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Web: www.miramarresources.com.au