• Gold Exploration Target at Gidji JV doubled based on recent drilling and assay data
• Completed 116 hole auger drilling programme at Chain Pool Project
• Awarded EIS co-funded drilling grant of up to $180,000 for Whaleshark Project
• Completed sale of Randalls Project to Ore Resources Ltd for up to $800k
• Received $238,456 Research and Development Tax Incentive refund

Miramar Resources Limited (ASX:M2R) has reported on its activities for the quarter ending 30 June 2026. The company has made substantial progress in its gold and base metal exploration projects. At the Gidji Joint Venture (JV) Gold Project, the gold exploration target has been more than doubled based on recent drilling and assay data. Resource geologists are assessing the potential for shallow gold resources. The Chain Pool Project saw the completion of a 116-hole auger drilling program, extending known mineralisation and identifying new potential structures. The Whaleshark Project received an Exploration Incentive Scheme (EIS) co-funded drilling grant of up to $180,000. The Randalls Project was sold to Ore Resources Ltd for up to $800,000 in cash, shares, and milestone payments. The company also received a Research and Development tax incentive refund of $238,456 and Junior Minerals Exploration Incentive credits of $438,703.

Miramar Resources reported $0.53 million in cash at the end of the quarter.

Miramar Resources is optimistic about the potential of its Gidji JV Gold Project and other exploration projects in the Gascoyne region, particularly Chain Pool and Whaleshark.