Miramar to Test Gold, Copper & Silver Targets in Q1
| Stock | Miramar Resources Ltd (M2R.ASX) |
|---|---|
| Release Time | 13 Jan 2026, 8:22 a.m. |
| Price Sensitive | Yes |
Miramar to Test Gold, Copper & Silver Targets in Q1
- RC drilling of Blackfriars and Highway gold targets scheduled for Jan-Feb
- Auger drilling at Chain Pool to follow-up ore-grade Cu-Pb-Ag mineralisation
- Potential for discovery of a new gold camp with multiple deposits at Gidji JV
Miramar Resources Limited (ASX:M2R) advises that the Company is advanced with plans to drill test the high-priority Blackfriars and Highway gold targets within the Company's 80%-owned Gidji JV Gold Project near Kalgoorlie, and the high-grade Joy Helen copper-lead-silver prospect at the Chain Pool Project in the Gascoyne, during the first quarter of 2026. The RC drilling programme at Gidji will comprise 10-12 holes (approximately 2500-3000m) testing the Blackfriars and Highway targets, which have not yet been tested with deeper drilling. Blackfriars has the same geological setting as the ~4Moz Paddington gold deposit, while the Highway prospect overlies a gravity low and a large conductor interpreted to be an intrusion within the Black Flag Beds. At the Chain Pool Project, Miramar plans an auger drilling campaign to test the main Joy Helen trend and parallel trends, following up on ore-grade copper, lead and silver results from rock chip sampling. Miramar believes there is potential for the discovery of a new gold camp, with multiple gold deposits, within the Gidji JV Project.
Miramar is excited to get back on the ground and demonstrate the inherent value of its asset portfolio, with the upcoming drilling campaigns at Gidji and Chain Pool.