Miramar Resources Ltd (ASX:M2R) new aircore drilling results indicate the potential for a new gold camp to be uncovered at its 80%-owned Gidji joint-venture project in the Eastern Goldfields region of WA, with the possibility of multiple deposits.
The results include multiple 1-2 g/t gold resplits from Marylebone and the newly identified Blackfriars target where +1 g/t bedrock gold results are seen on multiple widely spaced sections over a strike length of at least 1-kilometre.
Blackfriars currently remains open to the northwest.
The new results from Marylebone are also all from within weathered basement, rather than overlying transported material, and outline multiple NW trending bedrock gold targets to be tested with reverse circulation (RC) drilling.
Yet to uncover full potential
Miramar executive chairman Allan Kelly said: “One of the key defining features of a gold camp is the presence of gold mineralisation in multiple deposits and associated with more than one rock type.
“At Marylebone, we are seeing coherent supergene gold mineralisation associated with mafic and ultramafic rocks within the Boorara Shear Zone, similar to Paddington.
“As a result of our systematic aircore drilling at Gidji, we have also outlined a large target at Blackfriars, this time associated with sediments and felsic volcanic rocks of the Black Flag Beds.
“Alongside previous results from the Piccadilly, Railway and 8-Mile targets, it is apparent that we have yet to uncover the full potential of the Gidji Project, which includes a further 4 kilometres of the Boorara Shear Zone, which we have not yet started exploring,” he added.
Phase 5 aircore drillng
Miramar Resources is also awaiting results from the recent Phase 5 aircore drilling program and has secured an RC drill rig for testing of the Marylebone target in the first quarter of 2022.
Given the ongoing success at Marylebone in 2021, the company is also eager to conduct first-pass aircore drilling over the underexplored northern 4-kilometre portion of the Boorara Shear Zone.
Gidji Project
First-pass aircore drilling undertaken by Miramar in December 2020 identified several large new targets including Marylebone, Railway, Piccadilly and 8-Mile.
Follow-up aircore drilling throughout 2021 upgraded and extended these targets.
Marylebone is currently the highest priority target at Gidji with geology, structure and scale similar to the 10 million ounces Paddington deposit along strike to the northwest.
Applications granted in September 2021 include several under explored targets such as The Jog, Claypan and Lake, along with an underexplored 4-kilometre section of the Boorara Shear Zone.