Miramar doubles Gidji JV gold exploration target in WA

Miramar Resources has doubled the golden exploration people for its Gidji Joint Venture (JV) Project, located astir 15km northbound of Kalgoorlie-Boulder successful Western Australia (WA).

The revised estimation reflects results from caller drilling crossed targets including Marylebone, Blackfriars, Powerline, Highway and Railway.

The latest exploration people is based connected information collected from a subset of the company's drilling, which included 939 aircore holes totalling 53,362m, 26 reverse circulation (RC) holes covering 4,007m and 1 diamond spread astatine 190.75m.

Miramar besides utilized humanities drilling data. The updated estimation does not instrumentality into relationship areas specified arsenic 8 Mile, Boorara North, Lake oregon Claypan owed to caller constricted drilling activity.

Drill spacing averaged 100m × 50m, extending to 400m × 100m successful definite locations.

Aircore drilling depths ranged from 11m to 108m, with an mean extent of 56m.

From August 2021, Miramar adjusted its sampling procedures to trim the inclusion of overlying paleochannel sediments.

The institution sees further accidental for further golden mineralisation done deeper drilling into superior bedrock structures and by exploring areas extracurricular the presently defined paleochannel.

Plans for the tract see commissioning a assets geologist to find Joint Ore Reserves Committee-compliant mineral resources and preparing a mineralisation study for a imaginable mining lease application.

Miramar managing manager Marion Bush said: "This update has been estimated utilizing existent drilling and assay information and has much than doubled the golden exploration people astatine Gidji, with further imaginable identified successful areas with small oregon nary heavy drilling to date.

"This gives america crushed to judge determination is imaginable for a important maiden mineral assets estimation and we are presently moving with assets geologists who are reviewing our drilling data."

The Gidji JV Project is 80%-owned by Miramar and is among 3 projects the institution operates successful WA's Eastern Goldfields province.

The tract covers astir 15km on the Boorara Shear Zone, an country associated with aggregate golden deposits extending successful some directions.

In October past year, the institution finalised a binding merchantability statement for its Randalls project, situated astir 70km eastbound of Kalgoorlie, WA.

"Miramar doubles Gidji JV golden exploration people successful WA" was primitively created and published by Mining Technology, a GlobalData owned brand.