Miramar Resources Ltd (ASX:M2R) chairman Allan Kelly tells Proactive the company is set to hit the ground running with a drill program at its Mount Vernon nickel-copper-platinum group element (PGE) project in WAs Gascoyne after securing a pivotal program of work (POW) approval.
M2R is also about to kick off a diamond drilling program at its Whaleshark Iron-Oxide Copper-Gold (IOCG) Project in the Ashburton and Gascoyne regions of Western Australia. The company secured up to $180,000 through the West Australian Government's Exploration Incentive Scheme (EIS) co-funded drilling program for this initial diamond drill campaign at Whaleshark.
At Mount Vernon, our detailed magnetic and EM survey highlighted a number of highly conductive late-time EM anomalies inboard of the outcropping basal contact of a dolerite sill, which has several significant historic nickel and copper results in soil and rock chip samples.
The modelled plate over the highest priority target has a similar footprint to the ground EM anomaly outlined at Nova-Bollinger prior to the discovery drill hole, Kelly said.
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Miramar Resources Ltd
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