Miramar Resources Reports High-Grade Gold Results from Gidji JV

THE DRILL SERGEANT: Miramar Resources (ASX: M2R) kicked off its Diggers & Dealers campaign by announcing drill results from the company’s 80 per cent-owned Gidji JV project outside Kalgoorlie in the Eastern Goldfields of Western Australia.

Miramar Resources reported the new results include multiple high-grade gold results from both the Marylebone West target and the new one-kilometre long Highway target, the third new gold discovery at Gidji by Miramar since its listing in 2020.

The long wait is over and the company has started receiving assay results from its April 2022 aircore drilling campaign at the Marylebone, Blackfriars and Highway targets.

Results include infill holes around the Marylebone discovery hole, GJAC096, including:

2 metres at 4.72 grams per tonne gold from 56-58m;

5m at 2.52g/t gold from 56-60m, including 1m at 12.6g/t gold;

1m at 2.55g/t gold from 59-60m; and

7m at 3.23g/t gold from 57-64m, including 3m at 7.12g/t gold.

“The results from the Highway target underscore the significant gold potential at Gidji being realised by Miramar through systematic exploration,” Miramar Resource executive chairman Allan Kelly said in the company’s ASX announcement.

“We have now outlined four new targets at Gidji since listing, each at least 1km long, and with multiple bedrock aircore gold intersections including several high-grade results up to 13 grams per tonne gold.

“It is quite amazing that we can do this, adjacent to a major highway and only 15 kilometres from Kalgoorlie, which hosts one of the largest single gold deposits in the world.

“We look forward to continuing to uncover the full potential of the Gidji project.”




Email: info@miramarresources.com.au


Web: www.miramarresources.com.au