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Miramar Resources Limited ( (AU:M2R) ) just unveiled an announcement.
Miramar Resources Limited announced a significant high-grade gold discovery at its 8 Mile target within the Gidji JV Project. The first RC drill hole intersected high-grade gold mineralisation, extending the strike of gold mineralisation over 100 meters onto Miramar’s tenements. This discovery highlights the potential for further exploration and development in the area, enhancing the company’s position in the gold mining sector. The company is awaiting additional assay results and plans further drilling to explore the extent of the mineralisation.
More about Miramar Resources Limited
Miramar Resources Limited is a company operating in the mining industry, primarily focusing on gold exploration and development. The company is involved in various exploration projects, including the Gidji JV Project located near Kalgoorlie, Western Australia, which is surrounded by multiple gold mining and processing operations.
Technical Sentiment Signal: Sell
Current Market Cap: A$3.99M
Learn more about M2R stock on TipRanks’ Stock Analysis page.