An announcement from Miramar Resources Limited ( (AU:M2R) ) is now available.
Miramar Resources Limited has identified multiple large gold targets within its Randalls Project, located 70 kilometers east of Kalgoorlie, Western Australia. The company has submitted applications for two new exploration licenses and identified high-priority drill targets along the Randalls Fault. These targets, including Lone Pine Dam, Venetian, and Campese, show significant historical drill results, indicating potential for discovering new gold deposits. The announcement highlights the underexplored nature of these areas despite their proximity to existing mining operations, suggesting potential positive implications for the company’s exploration activities and stakeholder interests.
More about Miramar Resources Limited
Miramar Resources Limited is a company in the mining industry, focusing on the exploration and development of gold projects. Its primary market focus is in the Eastern Goldfields region of Western Australia, where it seeks to identify and develop significant gold deposits.
Technical Sentiment Signal: Buy
Current Market Cap: A$1.83M
See more insights into M2R stock on TipRanks’ Stock Analysis page.