Drilling Expands Highway Gold Footprint

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Stock Miramar Resources Ltd (M2R.ASX)
Release Time 31 Mar 2026, 8:18 a.m.
Price Sensitive Yes
 Drilling Expands Highway Gold Footprint
Key Points
  • RC Drilling outlines shallow gold over 600m of strike at Highway Prospect
  • Work commenced to evaluate potential for a shallow gold resource(s)
  • RC drilling planned for historic Claypan gold prospect
Full Summary

Miramar Resources' RC drilling at the Gidji JV Gold Project, located 15 kilometres north of Kalgoorlie, has outlined coherent shallow gold mineralisation at the Highway Prospect, including several high-grade results up to 3m @ 9.45g/t Au. The new RC holes, combined with previous aircore drilling, define the shallow gold mineralisation over a strike length of at least 600m and at vertical depths from 47m to 56m. A second parallel trend is also observed further to the west. Miramar is now assessing the potential for definition of one or more shallow gold resources at Gidji, given the abundance of shallow gold so close to the Goldfields mining hub of Kalgoorlie. The company has engaged a resource geologist and plans to conduct closer spaced RC drilling to outline the grade and thickness of the shallow gold. Ongoing compilation of historical exploration data has also highlighted the potential of the 'Claypan' Prospect, located approximately 200m east of the Goldfields Highway and along strike from the Crossroads deposit and the world-class Kanowna Belle gold deposit. Following a heritage survey, Miramar plans to complete several RC holes to infill and potentially extend the gold mineralisation seen in the historic drilling.

Outlook

Miramar is assessing the potential for definition of one or more shallow gold resources at the Gidji JV Project, given the abundance of shallow gold discovered. The company plans to conduct closer spaced RC drilling to outline the grade and thickness of the shallow gold at the Highway Prospect.