Quarterly Activities & Cashflow Report

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Stock Miramar Resources Ltd (M2R.ASX)
Release Time 29 Oct 2025, 8:18 a.m.
Price Sensitive Yes
 Miramar Resources Quarterly Activities & Cashflow Report
Key Points
  • EIS co-funded detailed magnetic/VTEM survey highlights multiple Norilsk-style conductors at Bangemall Cu-Ni-PGE Project
  • Major new Exploration JV signed with Sumitomo at Bangemall Project
  • Aircore drilling increases shallow gold footprints at Gidji JV Gold Project
Full Summary

Miramar Resources has reported highlights from its quarterly activities, including a detailed magnetic/VTEM survey at the Bangemall Cu-Ni-PGE Project that identified multiple Norilsk-style conductors, a new Exploration JV with Sumitomo at Bangemall, and increased shallow gold footprints from aircore drilling at the Gidji JV Gold Project. The Bangemall survey co-funded through the WA government's Exploration Incentive Scheme highlighted large conductors that may be related to Norilsk-style nickel, copper and platinum group element mineralisation. Miramar signed a non-binding term sheet for an Exploration Joint Venture with Sumitomo Metal Mining Oceania, a subsidiary of Sumitomo Metal Mining Co. Ltd, to systematically explore the Bangemall project. At the Gidji JV Gold Project, aircore drilling increased the shallow gold footprints at the Blackfriars and Highway targets, with multiple results over 1g/t Au. A UAV SAM survey also highlighted key conductors at Gidji that will be used to target further drilling. The company also advanced its other Eastern Goldfields and Gascoyne region projects during the quarter.