Miramar Resources Identifies Multiple Large EM Anomalies at Mt Vernon

THE DRILL SERGEANT: Miramar Resources (ASX: M2R) reported identification of multiple large late-time EM anomalies that may indicate the presence of nickel-copper-PGE mineralisation within the company’s Bangemall project, in the Gascoyne region of Western Australia.

Miramar Resources recently completed an airborne EM survey at its 100 per cent-owned Mt Vernon target to identify the targets.

Mt Vernon is one of several Exploration Licences and/or Applications which make up the Bangemall project.

Preliminary data has been received and has highlighted at least 13 late-time EM anomalies that may indicate the presence of bedrock nickel-copper-PGE sulphides associated with dolerite sills.

In the northeast corner of the tenement, several large late-time EM anomalies are seen associated with a dolerite sill that range in strike length from 500m to over 1.2km.

“We’ve outlined a number of large late-time EM anomalies, apparently associated with nickel, copper and PGE anomalism, in a virtually unexplored area,” Miramar Resources executive chairman Allan Kelly said in the company’s ASX announcement.

“These results are exactly what we would have hoped to see from this survey, validate our views on the prospectivity of this project and give us numerous targets for follow-up work.”

Miramar is waiting on the final data, from which it will model the most prospective anomalies once this data is received.

Future work will include field checking of the anomalies, along with surface geochemical sampling and prospecting, with a view to conducting ground EM surveys in order to define potential drill targets.




Email: info@miramarresources.com.au


Web: www.miramarresources.com.au