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Miramar Resources Advances Exploration with New Discoveries and Capital Raising

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Miramar Resources Advances Exploration with New Discoveries and Capital Raising

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Miramar Resources Limited ( (AU:M2R) ) has shared an update.

Miramar Resources Limited has reported significant progress in its exploration activities for the quarter ending March 31, 2025. The company identified disseminated nickel and copper sulphides at the Bangemall project, confirming it as a new nickel-copper province. Additionally, Miramar completed a re-interpretation of multi-element drill results at the Gidji JV Project, which will help prioritize existing and new targets for future drilling. The company also raised $1.8 million to support its exploration efforts, indicating a strong commitment to advancing its projects and potentially enhancing its market position.

More about Miramar Resources Limited

Miramar Resources Limited is an exploration company focused on discovering gold and base metals in Australia. The company operates several projects, including the Eastern Goldfields Projects and the Bangemall Ni-Cu-Co-PGE Projects, with a significant emphasis on gold and nickel-copper exploration.

Technical Sentiment Signal: Buy

Current Market Cap: A$3.99M

See more insights into M2R stock on TipRanks’ Stock Analysis page.

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