Miramar Resources Commences Drilling at Gidji JV Gold Project
Key points
- RC drilling initiated at Marylebone and Lake prospects
- Aim to test high-priority bedrock gold targets
- Follow-up drilling to upgrade and extend shallow gold Resources
Full summary
Miramar Resources Limited (ASX:M2R) has initiated RC drilling at its 80%-owned Gidji JV Gold Project, located 15 kilometres north of Kalgoorlie. The drilling program will test high-priority bedrock gold targets at the Marylebone and Lake prospects. The Marylebone prospect, with over 20,000 ounces of shallow Inferred Resources, will be tested with multiple RC holes over a strike length of approximately 500m. The Lake prospect, located 1.5km along strike from the Gidji Dam deposit, will also be tested for the first time since 1999 with RC drilling totaling approximately 1,100m. Following these programs, resource infill/extensional drilling will be conducted at the Highway deposit.
Outlook
Miramar is optimistic about uncovering a potential new gold camp at Gidji and aims to discover a significant bedrock gold deposit.
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