Miramar Resources (ASX: $M2R) announces high-grade results from new Gascoyne project

Miramar Resources Limited (ASX: $M2R) has announced high-grade copper, lead, and silver results from sampling completed during an initial reconnaissance field trip to the Company's new 'Chain Pool' Project in the Gascoyne region of Western Australia. The samples collected from around the 'Joy Helen' prospect returned high-grade results, including assay results up to 5.48% Cu, 54.5% Pb, and 73.48g/t Ag. The Company's Executive Chairman, Mr Allan Kelly, expressed optimism about the potential of the project, highlighting the under-explored nature of the Gascoyne region projects and the absence of modern and systematic exploration at the 'Joy Helen' Prospect.

Executive Chairman, Mr Allan Kelly, comments on the project's potential

The Company's Gascoyne region projects have significant potential for various commodities and deposit types, particularly at the 'Joy Helen' Prospect, which has not been subject to modern and systematic exploration. We are looking forward to the tenement being granted and are eager to uncover the potential of the Project.

Summary of Miramar Resources' announcement and outlook

Miramar Resources Limited (ASX: $M2R) has reported high-grade copper, lead, and silver results from its new 'Chain Pool' Project in the Gascoyne region of Western Australia. The 'Joy Helen' prospect, located approximately 275km northeast of Carnarvon, has shown promising mineralisation hosted in fine-grained dolomite of the Irregully Formation. The Company is preparing for a maiden drilling program at the Mount Vernon and Trouble Bore Projects, part of its 100%-owned Bangemall Ni-Cu-Co-PGE Project portfolio in the Gascoyne region. Additionally, the Company plans to conduct systematic rock chip sampling and a grid soil survey to determine the potential strike extent of the mineralisation under cover once the Exploration Licence over Joy Helen is granted. Miramar Resources aims to create shareholder value through the discovery of high-quality mineral deposits and is actively exploring for gold, copper, and Ni-Cu-PGE deposits in the Eastern Goldfields and Gascoyne regions of WA.