Announcement Date: 2022-09-12
Announcement Type: Drilling Results
Announcement Code: JORC
Company name: Miramar Resources Ltd.
Project name: Glandore
Location: Australia
Commodities: Gold
Highlight: Drilling results incl. 0.7m at 13.85g/t Au from 65.98m
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 advise that the first diamond drill hole completed at the Glandore Project has intersected shallow high-grade gold mineralisation, including coarse visible gold. Miramar’s 100%-owned Glandore Project (“Glandore” or “the Project”) is located approximately 40km east of Kalgoorlie, in the Eastern Goldfields region of WA. Historic drilling at the “Glandore East” target previously intersected high-grade gold mineralisation, up to 6m @ 29.8g/t Au, at the contact between a layered mafic sill and a later granitoid intrusion (Figure 1). Miramar’s first diamond hole at Glandore, GDDD001, intersected four zones of gold mineralisation, including coarse visible gold in a quartz vein within a felsic porphyry. The drillers encountered difficulties at the contact between the base of lake sediments and the weathered basement resulting in significant core loss in the upper part of the hole. GDDD001 was subsequently terminated at 78.66m after testing the interpreted position of the two highgrade veins seen in the historic drilling. Significant results from GDDD001 are as follows
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