Miramar Resources Commences Drilling at Chain Pool Project
Key points
- Auger drilling has commenced at the Chain Pool Project in Western Australia
- Targeting high-grade Cu-Pb-Ag mineralisation at the Joy Helen prospect
- Initial results from rock chip sampling show promising mineralisation grades
Full summary
Miramar Resources Limited has commenced auger drilling at its Chain Pool Project in the Gascoyne region of Western Australia. The drilling targets the Joy Helen prospect, which has a history of high-grade copper, lead, and silver mineralisation. The current drilling program aims to outline the extent of mineralisation beneath shallow cover by testing carbonate alteration halos identified through soil sampling. The project has a potential for various styles of mineralisation, including SEDEX Pb-Zn-Ag, MVT Pb-Zn, and mafic intrusion-hosted magmatic Ni-Cu-Co-PGE sulphide mineralisation. Initial rock chip sampling has already indicated promising mineralisation grades, with samples showing up to 73.48g/t Ag, 5.48% Cu, and 42% Pb.
Guidance
null
Outlook
The company is optimistic about the potential of the Chain Pool Project, with the current drilling program expected to provide valuable insights into the extent and grade of mineralisation.
Summary generated by a large language model. Please interpret with care.