Miramar Resources (ASX:M2R) has confirmed the presence of disseminated nickel (Ni) and copper (Cu) sulphides (pentlandite and chalcopyrite respectively) in multiple drill holes through further mineralogical analysis of samples from EIS co-funded RC drilling at the company’s 100%-owned Mount Vernon Project in WA.
Miramar’s Executive Chairman, Allan Kelly said the new data confirmed the Bangemall as a major new nickel-copper mineral province with the potential to host large mafic-hosted magmatic Ni-Cu-Co-PGE sulphide deposits and where Miramar has first-mover status and a dominant land position.
“We targeted the Bangemall region on the basis of several regional-scale data sets which indicated the potential for Norilsk-style mafic intrusion hosted magmatic Ni-Cu-Co-PGE mineralisation,” he said.
“We now have proof that an extensive volume of mafic magma carrying nickel and copper has assimilated sulphate minerals and then undergone differentiation to produce mafic cumulate rocks containing disseminated nickel and copper sulphides,” he said.
“Now that we have proven our initial concepts, the aim is to find out where those sulphides have accumulated to form an economic mineral deposit,” he said.
Next Steps
The ompany has now proved its initial concepts about the Bangemall and is excited about the potential to discover a large mafic-hosted magmatic Ni-Cu-Co-PGE deposit within its Bangemall tenement holding. Further work is planned including:
- Signing up to the CSIRO’s “Indicator Minerals for Magmatic Nickel Sulphides” Study
- Applying for EIS funding for detailed magnetic and electromagnetic surveys to cover Trouble Bore and the recently granted tenement applications
- Completing a diamond drill hole at the high-priority Trouble Bore EM target, which was previously co-funded under Round 29 of WA Government’s Exploration Incentive Scheme (EIS)
