Active mineral exploration company Miramar Resources (ASX:M2R) reports it has intersected further gold mineralisation in the deepest diamond hole drilled at Glandore East, located within the Glandore Project in Western Australia.
The company says hole GDDD006 was drilled down-dip of the historical ‘high-grade’ diamond drill intersections and intercepted 0.3m @ 3.86g/t Au from 188.1m in quartz vein at the contact between the Glandore Granodiorite and a thin dolerite unit.
It also states the multiple northeast trending structures have been poorly tested to date, especially where they enter the mafic units which are considered to be a more prospective host rock for gold mineralisation than the granodiorite.
Miramar Resources Executive Chairman Allan Kelly says the bedrock gold mineralisation was located beneath a large supergene aircore (AC) gold footprint which has still been only lightly drill tested to date.
“Whilst narrow, the new bedrock gold intersections confirm the presence of primary mineralisation within the multiple northeast trending structures. Our aim now, is to follow these structures to areas where the gold mineralisation might increase in volume and grade, potentially as a result of a change in rock type.
“The aircore gold footprint at Glandore East stretches for well over a kilometre, so there is plenty of room for this to happen beneath the shallow cover of the lake sediments”
The aircore gold footprint at Glandore East stretches for well over a kilometre, so there is plenty of room for this to happen beneath the shallow cover of the lake sediments.”
As Miramar previously reported, the initial Glandore East diamond drilling program has now been completed with assays pending for the final hole, GDDD007 located at the northern edge of the current drilling campaign.
The company states further drilling will be planned once all results are received and interpreted, and it is also planning to complete a detailed ground and UAV magnetic survey in the first quarter of 2023 to refine the position of the northeast trending structures crosscutting the granodiorite contact.
The wholly owned Glandore Project is located within the Eastern Goldfields around 40km east of Kalgoorlie in Western Australia. The western part of the project is underlain by layered mafic sill intruded by a layer of granodiorite where previous explorers identified a large aircore gold footprint and ‘high-grade’ gold mineralisation at the eastern contact of the granodiorite.
Miramar says it has been exploring the project since listing on the ASX in October 2020, and it believes there is potential for the discovery of mineralisation hosted in multiple northeast trending structures, like the nearby Majestic and Imperial deposits.
Miramar Resources is an active mineral exploration company exploring for gold, iron oxide copper-gold (IOCG), and nickel-copper-PGE (Ni-Cu-PGE) deposits in the Eastern Goldfields, Murchison and Gascoyne regions of Western Australia.
Projects held by the company include the Gidji, Glandore and Randalls projects in the Eastern Goldfields, the Whaleshark and Bangemall projects in the Gascoyne region, as well as the Lang Well and Lakeside projects in the Murchison region.
Images: Miramar Resources Ltd
