M2R 13 June 2025 DRILL-FOR-EQUITY AGREEMENT FOR GIDJI JV GOLD...

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    M2R 13 June 2025 DRILL-FOR-EQUITY AGREEMENT FOR GIDJI JV GOLD PROJECT
    • Drill-for-Equity agreement with Topdrill for 40% of drilling costs, up to $500,000
    • RC drill testing of high-priority 8 Mile gold target to commence in July
    4 June 2025 -Whaleshark - next steps
    At Whaleshark, we have strongly anomalous copper, gold and other IOCG pathfinders, IOCG-style
    alteration and copper sulphide mineralisation associated with iron-rich rocks,” Mr Kelly said.
    “A key advantage of exploration at Whaleshark is that the prospective basement rocks are much shallower
    than in other IOCG provinces, such as the Stuart Shelf in South Australia,” he added.
    The Company is examining methods to refine and prioritise various the bedrock IOCG targets atAt Whaleshark, we have strongly anomalous copper, gold and other IOCG pathfinders, IOCG-style
    alteration and copper sulphide mineralisation associated with iron-rich rocks,” Mr Kelly said.
    “A key advantage of exploration at Whaleshark is that the prospective basement rocks are much shallower
    than in other IOCG provinces, such as the Stuart Shelf in South Australia,” he added.
    Whaleshark before further drilling, including by completing infill gravity surveys and conducting ground
    and/or airborne magnetotelluric (MT) surveys.Exploration Update
    Miramar remains active across several projects including the following:
    The Company is currently drilling at its 80%-owned Gidji JV Gold Project, located 15kms north of
    Kalgoorlie, to refine bedrock gold targets under the Gidji Paleochannel. The current drilling program is
    approximately two thirds completed with first assay results expected in coming weeks.
    The Company has secured a geophysical contractor to complete a detailed magnetic and electromagnetic
    survey at Bangemall which will be co-funded through the WA Government’s regional geophysics
    programme, part of the Exploration Incentive Scheme (EIS).
    The survey is expected to commence in early July and take approximately 4 weeks to complete
    Whaleshark - next steps
    The Company is examining methods to refine and prioritise various the bedrock IOCG targets at
    Whaleshark before further drilling, including by completing infill gravity surveys and conducting ground
    and/or airborne magnetotelluric (MT) surveys.
 
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