Key discovery at Mount Vernon Project

Miramar Resources (ASX:M2R) has announced the confirmation of nickel and copper sulphides at its Mount Vernon Project. This discovery, made through micro-XRF analysis of recent drilling samples, indicates significant potential for large mineral deposits in the Bangemall region.

Exploration outlook and strategy

Miramar Resources has confirmed the presence of nickel and copper sulphides in the Kulkatharra Dolerite sills at Mount Vernon, part of their Bangemall Projects. This supports the company's strategy targeting Norilsk-style mineralisation in the region. Future exploration includes a diamond drill hole at Trouble Bore and participation in a CSIRO study. The company plans further analysis of samples and regional geophysical surveys, aiming to solidify their exploration strategy and unlock significant mineral potential in Western Australia.

Executive insights on recent discovery

The identification of these sulphides within the Kulkatharra Dolerite sills marks a key milestone in the exploration of the project, confirming the presence of nickel and copper sulphides for the first time.