• Miramar Resources outlines maiden inferred gold resources at Gidji JV
• Total resource of 1Mt @ 1.20g/t Au for 39,764 ounces
• Located near Kalgoorlie, close to gold processing plants
• Potential for significant resource growth with further drilling
• Mining Lease application and development partner discussions planned

Miramar Resources Limited (ASX:M2R) is pleased to announce a maiden inferred gold resource within its 80%-owned Gidji JV Gold Project, located 15 kilometres north of Kalgoorlie. The resource totals 1Mt at 1.20g/t Au for 39,764 ounces, based on shallow drilling across multiple targets including Marylebone, Powerline, Blackfriars, and Highway. The resource is optimized within pit shells at various gold prices and lies within a larger block model calculated above a 0.2g/t Au cut-off. The resource is classified entirely as inferred, based on approximately 100m x 50m drill spacing within the pit shell used for classification. The mineralisation is hosted in Archaean greenstone-hosted mesothermal gold mineralisation, with associated supergene gold in the overlying Gidji Paleochannel. The company plans to expand the resource through infill and extensional drilling and is also exploring options to monetize the gold found to date.

The company plans to expand the resource through infill and extensional drilling and is also exploring options to monetize the gold found to date.