Auger Results Upgrade Chain Pool Drill Targets

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Stock Miramar Resources Ltd (M2R.ASX)
Release Time 23 Jul 2026, 8:21 a.m.
Price Sensitive Yes
 Miramar Resources Announces Auger Drilling Results at Joy Helen
Key Points
  • Auger drilling results up to 0.1% Cu & 0.8% Pb
  • Large alteration halos and additional target areas identified
  • Plans to test new drill targets with deeper techniques
Full Summary

Miramar Resources Limited (ASX:M2R) has reported significant results from auger drilling at the Joy Helen copper-lead-silver prospect in the Chain Pool Project, Gascoyne region, Western Australia. The drilling campaign, completed in May, aimed to test beneath soil Cu-Pb-Ag anomalies and alteration halos. Significant results include 3m at 0.1% Cu and 0.84% Pb. The company identified large alteration halos and plans to test new drill targets with RC and/or diamond drilling. Miramar's Managing Director, Ms Marion Bush, highlighted the potential for a large base metal deposit at Chain Pool, with the new results suggesting the opportunity could be larger than previously indicated.

Outlook

Miramar plans to test new drill targets with RC and/or diamond drilling, aiming to identify additional high-grade mineralisation.