Miramar Resources has moved to secure more ground around an exciting potential nickel, copper and PGE province in WA’s Mid West as multiple anomalous metal results are uncovered from historical surface sampling.

Miramar’s (ASX:M2R) Bangemall project in the Gascoyne region of WA, home to a number of major gold and copper orebodies, was identified originally through the same Geoscience Australia data maps used by Chalice Mining to target its world class Julimar Ni-Cu-PGE discovery.

The Allan Kelly led explorer has now pegged a second application at Bangemall over large Ni-Cu-PGE targets, with historical rock chip results of up to 738ppm nickel and 218ppm copper over the Blue Bar target.

Sampling is sporadic across Miramar’s tenements and the project’s strike could continue for more than 30km.

Miramar’s two applications, including the new exploration licence E08/3498, cover Proterozoic dolerite sills and the contact between the Edmund and Collier Basins.

Several northeast trending dolerite dykes of the Mundine Well suite are in the vicinity, which the company says are related to the appropriately named “Money Intrusion”.

That feature hosts high grade Ni-Cu-PGE mineralisation discovered nearby at Dreadnought Resources’ Mangaroon project.

Blue Bar best to date

Kelly, a renowned WA geologist and Miramar’s executive chairman, said those nickel and copper results were extremely significant in light of Dreadnought’s recent success.

“Blue Bar has the most significant historical nickel and copper assay results of any of the targets we have identified at Bangemall to date,” he said.

“The apparent spatial association of the results with the later Mundine Well dykes adds a further dimension to the prospectivity of our strategic Bangemall landholding and we look forward to getting on the ground and examining the opportunity further.”

In the northwestern corner of Miramar’s tenements one rock chip sample, CAPR0428, returned 2970ppm nickel and 1230ppm copper according to WA’s exploration database WAMEX.

Based on the regional magnetic and geological data, this strongly anomalous sample lies close to or within one of the NE-trending Mundine Well dykes, Miramar says.

Stream sediment sampling parallel to the northern margin of the Kulatharra dolerite sill also shows multiple coincidence nickel and copper results over a strike extent of around 8km.

No gold, platinum or palladium assays are recorded over the historical samples.

What’s next? 

Given the success Miramar has had mining historic data over the Bangemall tenements, modern exploration is set to follow soon.

The company is finalising plans for a helicopter supported geochemical sampling campaign over multiple late-time EMH anomalies identified at Mt Vernon, and will conduct a reconnaissance field visit to Blue Bar as part of the programme.

Once the Blue Bar tenements are granted, Miramar plans to launch an airborne EM survey and follow up surface geochemical sampling.

 

 

This article was developed in collaboration with Miramar Resources, a Stockhead advertiser at the time of publishing.

 

This article does not constitute financial product advice. You should consider obtaining independent advice before making any financial decisions.

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