THE DRILL SERGEANT: Miramar Resources (ASX: M2R) informed the market of a review of historical data, from which it has identified multiple electro-magnetic (EM) conductors.
Miramar Resources has identified the EM conductors within the Dooley Downs tenement application (aka E09/2484) within the company’s Bangemall nickel-copper-PGE project in the Gascoyne region of Western Australia.
E09/2484 is one of seven 100 per cent-owned granted Exploration Licences and/or Applications held by Miramar in the Bangemall region.
The company believes the Bangemall project to be prospective for craton-margin nickel-copper-PGE mineralisation, such as that discovered at Nova-Bollinger and Nebo-Babel, and the giant Norilsk and Voisey Bay deposits.
Miramar plans to model the EM data and will field-check the anomalies once the tenement is granted.
TO READ THE FULL ANNOUNCEMENT: CLICK HERE