• Preparation for RC drilling at Blackfriars and Highway targets in Gidji JV Gold Project
• EIS co-funded detailed magnetic/VTEM survey highlights multiple Norilsk-style conductors at Bangemall Cu-Ni-PGE Project
• FBM signs Option to purchase the Randalls Project

Miramar Resources Limited (ASX:M2R) provided a summary of activities during the quarter ending 31 December 2025. Key highlights include obtaining program of work approvals for drilling at the Gidji JV Gold Project and the Chain Pool Project, as well as successfully raising approximately $1 million in the quarter. The company plans to conduct RC drilling at the Blackfriars and Highway targets within the Gidji JV, which have not been tested with bedrock drilling to date. Miramar also completed an EIS co-funded detailed magnetic/VTEM survey over the Bangemall Cu-Ni-PGE Projects, which highlighted multiple large conductors that may be related to Norilsk-style mineralization. Additionally, the company granted Future Battery Minerals Ltd (ASX: FBM) an exclusive 6-month option to acquire 100% ownership of the Randalls Project. Miramar also welcomed Jonathan Fisher as the new Non-Executive Chairman, with Marion Bush appointed as Managing Director and Allan Kelly refocusing on the technical portfolio as Executive Technical Director.