Miramar Resources Limited (ASX:M2R) | High-Grade Copper-Lead-Silver Results from Chain Pool
Trading Titan | Miramar Resources Limited (ASX:M2R) | Exploration Update | Chain Pool Project
In this episode, host James breaks down the latest exploration update from Miramar Resources Limited, ASX ticker M2R, covering new high-grade rock chip assay results from the Joy Helen prospect at the company's 100 percent-owned Chain Pool Project in Western Australia.
Miramar has reported additional copper, lead, silver and barium assay results from samples collected during a recent auger drilling campaign, including two new samples approximately 200 metres east of the historic workings. The standout results include assays of up to 6.72 percent copper, 47.8 percent lead, 47.7 parts per million silver, and 5,790 parts per million barium.
James explains how these results fit into Miramar's evolving geological model, including new gravity modelling that has identified interpreted basin-margin faults and residual gravity anomalies associated with the Joy Helen area. The discussion also covers the significance of the elevated barium values, which the company believes may represent a halo around additional SEDEX mineralisation.
The episode outlines the company's next exploration milestones, with auger drilling assay results expected mid-July to guide the next phase of work, followed by a passive seismic HVSR survey and Miramar's first dedicated bedrock drilling campaign at Chain Pool.
Chain Pool is located approximately 275 kilometres northeast of Carnarvon in Western Australia and is owned 100 percent by Miramar Resources. The announcement provides additional geological evidence and a clearly defined exploration pathway, with the pending auger assay results representing the next key catalyst.
This episode is for information purposes only. Nothing discussed constitutes financial advice. Listeners should conduct their own research and consider their personal financial circumstances before making any investment decision.