M2R.ASX: Significant Increase to Gidji JV Gold Exploration Target

Significant Increase to Gidji JV Gold Exploration Target

Stock	Miramar Resources Ltd (M2R.ASX)
Release Time	29 Jun 2026, 8:20 a.m.
Price Sensitive	Yes

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Miramar Resources Announces Doubling of Gidji JV Gold Exploration Target

Key Points

Gidji JV Gold Exploration Target has more than doubled based on recent drilling and assay data
Strategic location adjacent to the Goldfields Highway and gold processing plants
Planned activities include resource estimation and a Mining Lease application
Potential for additional mineralisation through deeper drilling

Full Summary

Miramar Resources Limited (ASX:M2R) has announced a significant increase to the Gidji JV Gold Exploration Target within its 80%-owned Gidji JV Gold Project, located 15 kilometres north of Kalgoorlie. The updated Exploration Target is based on recent drilling and assay data, more than doubling the previous estimate. The Gidji Project is strategically located near the Goldfields Highway and gold processing plants. Miramar is working with resource geologists to estimate resources and is in the early stages of discussions with potential development partners. The company is also preparing a Mineralisation Report for a Mining Lease application. There is potential for additional mineralisation through deeper drilling, particularly in areas with limited exploration to date.