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Miramar Resources' Gidji JV enhances the potential for new gold discoveries, including at Marylebone

Miramar Resources' Gidji JV enhances the potential for new gold discoveries, including at Marylebone

Miramar Resources Ltd (ASX:M2R)’s Allan Kelly discusses exploration activities at the Gidji joint venture (JV) Project, including multiple drilling programs using air core, reverse circulation, and diamond drill rigs. The company is testing for both gold and nickel targets across multiple prospective areas, three of which are potentially 1-kilometre-long targets over geological contacts.

At Marylebone, the company has seen coherent supergene gold mineralisation similar to the Paddington Gold Mine, which has operated since 1897, holds proven and probable ore reserves of 18.53 million tonnes at 1.86g/t gold. The company is still waiting on a substantial number of assay results.

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