- Miramar Resources (M2R) receives the green light for drilling at its Mount Vernon in Western Australia
- The project forms part of the company’s Bangemall project
- Drilling will target identified nickel-copper-platinum group elements sites using historical data and recent airborne EM survey results
- Additional exploration activities are planned at Mount Vernon to refine drill locations
- Miramar Resources last traded at 4.4 cents
Miramar Resources (M2R) has received programme of work (POW) approval for drilling at its Mount Vernon project in Western Australia’s Gascoyne region.
The Mount Vernon project is a significant part of the company’s portfolio, comprising various exploration licences within its wholly-owned Bangemall project.
The recently obtained POW approval allows Miramar to proceed with reverse circulation and or diamond drilling at Mount Vernon.
This drilling will focus on exploring nickel-copper-platinum group elements targets associated with Kulkatharra Dolerite sills, which have shown promising results in historic geochemical sampling and Miramar’s 2022 airborne electromagnetic survey.
“The POW approval marks a significant milestone for Miramar. The historical data and recent survey results have given us strong indications, and we believe this project holds great potential,” M2R Executive Chair Allan Kelly said.
Miramar Resources last traded at 4.4 cents.