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Miramar Resources (ASX: $M2R) secures option for Eastern Goldfields tenement application

Miramar Resources (ASX: $M2R) expands Eastern Goldfields tenement portfolio


Miramar Resources Limited (ASX: $M2R) has obtained an Exclusive Option to acquire an Application Exploration Licence adjacent to Eastern Goldfields gold, lithium, and rare earth element (REE) projects. The Application for Exploration Licence E25/654 abuts Global Lithium Resources Limited's 'Manna' lithium project and the recent rare earth element (REE) discovery by Kairos Minerals Limited at its 'Black Cat' Prospect.

Executive Commentary


Miramar believes that the newly acquired Application has significant potential for the discovery of gold, lithium, and REE mineralisation due to its strategic location and prospective geology. The Company is optimistic about the underexplored nature of the area and aims to progress the tenement application towards grant.

Summary


Miramar Resources Limited (ASX: $M2R) has secured an Exclusive Option to acquire an Application Exploration Licence adjacent to Eastern Goldfields gold, lithium, and rare earth element (REE) projects. The Company believes that the newly acquired Application has significant potential for the discovery of gold, lithium, and REE mineralisation due to its strategic location and prospective geology. Miramar aims to progress the tenement application towards grant and create shareholder value through the discovery of high-quality mineral deposits.

MIRAMAR RESOURCES LIMITED
M2R | ASX | Materials
0.010(+0%)
At close 05/07 (AEDT)
Market cap
$2.0M
Volume
7,852
DY Yield
0
PE Ratio
0
52 Week Range
0.007 - 0.055
1YR Return
N / A

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