Miramar Resources prepares to recommence drilling at Gidji JV and plans initial program at Glandore

Miramar Resources Ltd (ASX:M2R) is completing final preparations to recommence drilling at its 80%-owned Gidji joint venture gold project north of Kalgoorlie in Western Australia’s Goldfields region and is making plans for initial drilling of the 100%-owned Glandore Gold Project. At Gidji, field personnel have mobilised to site and are pegging and clearing drill sites in advance of the arrival of the respective drill rigs. This next phase of drilling will comprise aircore drilling to follow-up results from a phase-I campaign completed in December 2020, which intersected high-grade gold up to 2 metres at 7.7 g/t  as well as diamond drilling to test for an extension to the neighbouring 314,000-ounce Runway deposit. Historical geophysical datasets To date, Miramar has acquired several historical geophysical datasets, including for the Gidji project, and has reprocessed the data. This data highlighted several important geological features which will assist in refining drill targets within both the granted and pending areas of the project. Firstly, the Boorara Shear Zone demonstrates an obvious linear gravity high as a result of the relatively dense mafic and ultramafic rocks present within this important regional structure. A discrete, higher amplitude gravity anomaly is observed within the interpreted dilational jog at the southeast end of the Boorara Shear Zone. This is a high priority target and will be drill tested once the relevant tenements are granted. Railway, 8-Mile and the 'New Target' all appear to be associated with lower magnitude gravity anomalies within sediments of the Black Flag Group which may represent previously unrecognised mafic intermediate porphyry units, similar to that which hosts the bulk of the gold mineralisation at Runway. The Lake and Claypan targets, within an application pending grant, are both on major regional structures observed in the newly obtained gravity and corresponding magnetic data. Glandore plans Miramar recently received heritage approvals which allow for the commencement of exploration work on the 100%-owned Glandore Project, around 40 kilometres east of Kalgoorlie. The company has also acquired historical gravity data for the project which, when combined with the existing magnetic data, highlights a number of important geological features and will be used to assist in planning the first drill programs. A survey to infill the historical gravity data within the south-western part of the project and to collect first pass gravity data over the exploration licence is planned, with the aim of testing for repetition of the granite dome and the potential for gold mineralisation similar to the deposits further south. Data "adds to excitement" Miramar’s executive chairman Allan Kelly said the company had been busy working up data for several projects in preparation for upcoming drilling programs. “We’ve managed to acquire some key historical geophysical datasets, at minimal cost to the company, which will enable us to more effectively plan our next drilling programs, including the first campaign at Glandore. “In particular, the gravity data we have obtained for the Gidji JV has highlighted and confirmed a number of key geological features which add to our excitement about the potential of that project,” he added. Lang Well Miramar also completed a first pass gravity survey over the 100%-owned Lang Well project, in the Murchison region of WA. The Lang Well project has previously been interpreted to consist mostly of granite and gneiss with small areas of outcropping greenstone lithologies, which are more prospective for gold mineralisation. This gravity survey, which covered most of the project at a spacing of 800 x 400 metres, has highlighted several areas of higher gravity that are interpreted to represent unmapped greenstone. The company has planned a first pass aircore program to test the auger anomalies at a spacing of 800 x 200 metres and has applied for funding under the current Exploration Incentive Scheme (EIS) round. Mt Vernon (Bangemall Nickel-Copper-PGE Project) In early 2021, Miramar received the grant of the first of several exploration licence applications in the Bangemall region, which are prospective for nickel-copper-PGE mineralisation. The company is obtaining quotes for an airborne EM survey to cover the project at a more suitable line spacing.