Miramar Resources Announces High-Grade Copper-Lead-Silver Results
Key points
- High-grade copper-lead-silver results from rock chip sampling at Joy Helen
- Awaiting assay results from recent auger drilling
- Plans for deeper bedrock drilling and geophysical surveys
Full summary
Miramar Resources Limited (ASX:M2R) has reported high-grade copper-lead-silver results from rock chip sampling at the Joy Helen prospect within its 100%-owned Chain Pool Project in Western Australia. The results indicate high-grade mineralisation with similarities to Sedimentary Exhalative (SEDEX) deposits, suggesting the potential for a large base metal deposit. The company is awaiting assay results from recent auger drilling and plans to initiate deeper bedrock drilling and geophysical surveys to further explore the potential of the Chain Pool Project.
Guidance
Miramar Resources anticipates high-grade copper-lead-silver mineralisation from ongoing exploration.
Outlook
Miramar Resources is optimistic about the potential of the Chain Pool Project, pending further assay results and exploration activities.
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