Miramar Resources Limited Unveils $250k WA Government Co-Funded VTEM Survey Targeting Massive Ni-Cu-PGE Deposits

Monday, July 28, 2025
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8:23 am
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Miramar Resources Limited launches an extensive airborne geophysical survey at its Bangemall project in Western Australia. Co-funded with $250K from a government incentive, the survey targets high-value nickel-copper-platinum group element deposits, offering promising exploration upside for investors.

Miramar Resources Limited has initiated an extensive airborne geophysical survey on its Bangemall Ni-Cu-PGE Project in the Gascoyne region of Western Australia. The company is employing both magnetic and Versatile Time Domain Electromagnetic (VTEM) methodologies to target massive nickel, copper, and platinum-group element sulphides. Supported by a $250,000 contribution from the Western Australian Government’s Exploration Incentive Scheme, the survey will cover approximately 4,500 flight line kilometres at a 200-meter spacing over an expected period of four weeks. This technology-driven approach is designed to detect highly conductive massive sulphide deposits that are akin to the Noril’sk-style mafic intrusion-hosted deposits known for their global significance. The Bangemall Project, which spans about 1,230 square kilometres across the Edmund and Collier Basins, is geologically notable due to its association with Kulkatharra Dolerite sills and its location within the Warakurna Large Igneous Province. Miramar Resources Limited’s exploration efforts at Bangemall have already confirmed the presence of differentiated dolerite sills, mafic cumulate rocks, and disseminated nickel and copper sulphides – key ingredients for Noril’sk-style mineralisation. These encouraging findings build on the company’s earlier discoveries at its Mount Vernon project, where EIS co-funded reverse circulation drilling revealed disseminated sulphides. Additional exploration activities are underway. The company is awaiting assay results from recent drilling at the 8 Mile prospect in the Gidji joint venture project and is planning further drilling and additional geophysical surveys. There is also an imminent field trip focused on extending the high-grade copper, lead, zinc, and silver mineralisation at the Chain Pool Project. In parallel, Miramar Resources Limited is advancing a sale process for its Glandore and Randalls gold projects, indicating a pursuit of strategic asset realignment to strengthen its portfolio. Investors may find a bullish sentiment in the company’s aggressive exploration program and the technical merits of the planned VTEM survey, which promise to refine the search for significant Ni-Cu-PGE sulphide deposits. The government’s financial support further underscores the geological promise of the region. However, a bearish perspective remains for those cautious of the exploratory phase’s inherent uncertainties. The company, while making positive strides, is still navigating the developmental risks that accompany early-stage mineral deposit discoveries, and the economic viability of further drilling outcomes is yet to be fully determined.

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