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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 (25%)+
Announcement
Release
30 Jul 2026 8:27AM
Price at Release
$0.002
Full Release
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Summary
Miramar Resources Limited's Quarterly Activities & Cashflow Report for the period ending June 2026 focuses primarily on the Gidji JV Project where significant exploration progress was made by doubling the Gold Exploration Target through recent drilling and assay work. The company also completed key work at the Chain Pool Project, including drilling and a gravity survey. The Whaleshark Project received a co-funded drilling grant, and the Randalls Project was successfully sold, contributing to the company's cash position of $0.53 million at quarter's end. Financial incentives post-quarter will further support exploration activities.
Key Points
  • Gold Exploration Target at Gidji JV Gold Project has doubled based on recent drilling and assay data.
  • Engagement with resource geologists to define potential shallow gold resources.
  • Completed a 116 hole auger drilling programme at Chain Pool Project testing extensions of known copper-lead-silver mineralisation.
  • Detailed gravity geophysical survey conducted over the Joy Helen prospect identifying multiple gravity anomalies.
  • Awarded EIS co-funded drilling grant for Whaleshark Project.
  • Sale agreement completed for Randalls Project with Ore Resources Ltd for up to $800k.
  • Cash at end of the Quarter was $0.53 million.
  • R&D Tax Incentive refund of $238,456 and Junior Minerals Exploration Incentive credits of $438,703 announced post-quarter.
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.