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Miramar Resources Secures Drilling Approval for Promising SEDEX Prospect

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Miramar Resources Secures Drilling Approval for Promising SEDEX Prospect

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An update from Miramar Resources Limited ( (AU:M2R) ) is now available.

Miramar Resources Limited has received approval for a drilling program at the Joy Helen prospect within the Chain Pool Project in Western Australia. The prospect shows significant potential for high-grade SEDEX mineralisation, with historic rock chip sampling indicating the presence of copper, lead, zinc, and silver over a 300-meter strike. The company aims to explore further extensions and parallel zones, which could position it as a significant player in the base metal sector.

More about Miramar Resources Limited

Miramar Resources Limited operates in the mining industry, focusing on the exploration and development of mineral resources. The company primarily targets high-grade copper, lead, zinc, and silver deposits, with a particular interest in Sedimentary Exhalative (SEDEX) mineralisation.

Technical Sentiment Signal: Sell

Current Market Cap: A$3.58M

Find detailed analytics on M2R stock on TipRanks’ Stock Analysis page.

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