Miramar has three highly prospective projects in the Eastern Goldfields with the potential for new gold discoveries in proximity to existing mining and/or processing operations.
Miramar holds an 80% interest in a strategic land package within the Boorara Shear Zone, 15 kilometres north of Kalgoorlie and between the Kalgoorlie Super Pit and the Paddington gold deposit.
Since listing in October 2020, Miramar has made multiple gold discoveries with aircore drilling including several beneath the Gidji Paleochannel.
During the December 2024 Quarter, the Company engaged Hi-Seis to reprocess regional 2-D seismic lines, including one which crosscuts the Project, with the aim of refining the location and orientation of the Boorara Shear Zone and related structures. The interpretation of the data was ongoing at the end of the December 2024 Quarter.
The Company also commenced a re-interpretation of lithology, stratigraphy, alteration and pathfinder anomalism using multi-element results from over 3,200 recent and historical drill holes, including end of hole (EOH) samples from over 900 aircore holes drilled by Miramar since October 2020.
The study will be used to reprioritise existing targets and/or generate new targets for testing during 2025.
The Glandore Project is located mostly within Lake Yindarlgooda approximately 40 kilometres east of Kalgoorlie, WA. The Project geology consists of a layered mafic sill that has been intruded by a later granitoid.
Widespread supergene gold anomalism is observed within historic and recent aircore drilling on the salt lake and the southern shoreline, whilst narrow high-grade gold results have been obtained from limited diamond drilling on the eastern margin of the granite, where it contacts the mafic units.
No fieldwork was conducted during the December 2024 Quarter, however the Company had discussions with geophysical contractors about a passive seismic survey on the salt take with the aim of mapping basement topography under the lake sediments, including any potential paleochannels.
During the December 2024 Quarter, the Company submitted an application for a Mining Lease over the Project, including the “Glandore West” and “Glandore East” propects.
The Randalls Project consists of a number of granted and pending Exploration Licences along the Randall Fault, a major geological structure approximately 70 kilometres east of Kalgoorlie.
