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Miramar Resources Limited (ASX:M2R)

ALERT: Price-sensitive ASX Announcement for M2R
Current share price for M2R : $0.003 0.001 (20%)+
Announcement
Release
29 Jun 2026 8:20AM
Price at Release
$0.003
Full Release
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Summary
Miramar Resources Limited announced a significant increase in the exploration target for its Gidji JV Gold Project, located 15 kilometers north of Kalgoorlie, Western Australia. The updated exploration target, based on recent drilling and assay data, has more than doubled, highlighting the potential for substantial gold mineralization. The project is strategically located near the Goldfields Highway and existing gold processing plants, with further potential identified through deeper drilling. The company is advancing towards resource estimation and a mining lease application, signaling a progression towards potential development. Additionally, the Gidji JV Project has identified primary bedrock and supergene mineralization opportunities outside the paleochannel, which remain largely untested. Miramar is actively engaging with resource geologists and potential development partners to further explore and capitalize on these prospects.
Key Points
  • Significant increase in Gidji JV Gold Exploration Target
  • Strategic location near Goldfields Highway and processing plants
  • Potential for deeper drilling and additional mineralization
  • Progression towards resource estimation and mining lease application
  • Primary bedrock and supergene mineralization identified
  • Engagement with resource geologists and development partners
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.