Home » Potential Extension to 8 Mile Dam Gold Deposit Outlined by IP Survey at Gidji JV

Potential Extension to 8 Mile Dam Gold Deposit Outlined by IP Survey at Gidji JV

Potential Extension to 8 Mile Dam Gold Deposit Outlined by IP Survey at Gidji JV

Miramar’s Executive Chairman, Mr Allan Kelly, said the new IP anomaly was shallower than expected.

“It appears the 8 Mile Dam deposit could continue for some distance to the north but has been offset by faulting, including at the tenement boundary,” he said.

“The fact that we have multiple aircore holes ending in elevated gold over the IP anomalies strengthens this theory,” he said.

“It’s also pleasing to see that the northern part of the IP anomaly is shallower than expected,” he added. “We look forward to drill testing this high priority target later in the year,” he said.

Background

Figure 3 shows a cross section through the deposit, approximately 60m south of the tenement boundary.

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