Miramar Resources Ltd (ASX:M2R) is expanding its land position at the Bangemall Project in Western Australia with the addition of tenement E08/3498, an adjacent application believed to be prospective for nickel-copper-platinum group element (PGE) mineralisation.
This new tenure, in combination with a recently acquired tenement, covers prospective dolerite sills and the contact between the Edmund and Collier basins, and is also host to northeast-trending dolerite dykes of the Mundine Well suite, observed nearby.
Miramar believes these northeast-trending dykes are related to the Money intrusion, host to nickel-copper-PGE mineralisation discovered within Dreadnought Resources’ Mangaroon Project.
Historical results reveal potential
“Blue Bar has the most significant historical nickel and copper assay results of any of the targets we have identified at Bangemall to date,” Miramar Resources executive chair Allan Kelly said.
“The apparent spatial association of the results with the later Mundine Well dykes adds a further dimension to the prospectivity of our strategic Bangemall landholding and we look forward to getting on the ground and examining the opportunity further.”
A rock chip sample from the northwestern corner of the tenure returned results up to 2,970 parts per million nickel and 1,230 parts per million copper, which Miramar has interpreted to originate from one of the northeast-trending Mundine Well dykes.
Other rock chip samples (up to 738 parts per million nickel and 218 parts per million copper) and anomalous soil samples also indicate the presence of mineralisation on the tenure, although historical sampling over the project has been sporadic over the 30-kilometre strike length.
Blue Bar target highlighting historic rock chip and stream sediment results.
Miramar intends to conduct an airborne electromagnetic (EM) survey over the project once the new tenement has been granted, to be followed-up with a surface geochemical sampling program.