| Announcement Date: | 2022-02-15 |
|---|---|
| Announcement Type: | Drilling Results |
| Announcement Code: | JORC |
| Company name: | Miramar Resources Ltd. |
| Project name: | Glandore |
| Location: | Australia |
| Commodities: | Gold |
| Highlight: | Drilling results incl. 2m @ 4.0g/t Au from 56m |
| Resources: | only available to subscribers |
| CP/QP: | only available to subscribers |
| Announcement summary: | Miramar Resources Limited (ASX:M2R, “Miramar” or “the Company”) is pleased to announce further significant aircore results from its 100%-owned Glandore Project, in the Eastern Goldfields region of WA. The new results, from resplits of holes from the Phase 1 aircore drilling campaigns, have upgraded the very large gold footprint outlined by Miramar, with multiple holes ending in >0.25g/t Au includingA line of holes stretching from GDAC007 to GDAC174 define a continuous 1.8km long NE trending zone of anomalous gold and pathfinder elements through the middle of the interpreted granodiorite pluton. In the north east corner of the project, GDAC157 ended in 9m @ 0.78g/t Au (including 2m @ 2.94g/t Au) at the eastern end of the drill line. There is no historic drilling to the east or north of this hole. All recent and historical drilling is shown in Figure 1 with significant new results listed in Table 1. Miramar’s Executive Chairman, Mr Allan Kelly, said there appeared to be a very substantial gold system under the lake at Glandore which had not previously been recognised. “Historical drilling focussed on the eastern margin of the granodiorite intrusion, where the high-grade diamond drill hole results are seen, but did not test the intrusion itself,” Mr Kelly said. |
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