Miramar Resources Ltd (ASX:M2R) has identified multiple “very large” uranium targets within its 100%-owned Bangemall Projects in the Gascoyne region of Western Australia, further highlighting the strategic landholding’s potential for multiple commodities and deposit types.
“Proterozoic orogens throughout Australia and worldwide host many large base and precious metal deposits, and we believe the Capricorn Orogen should be no exception," Miramar’s executive chairman Allan Kelly said.
“Whilst our current focus is on exploring for Norilsk-style nickel, copper and platinum group elements at our Mount Vernon and Trouble Bore projects, we have a very long list of attractive exploration targets we aim to systematically explore.”
Regional radiometric data has shown multiple very large and high-amplitude uranium anomalies that stretch over at least 100 kilometres of strike and across several of Miramar’s tenements.
Within the Cheyne Springs target is a well-defined, 60-kilometre-long uranium anomaly that lies towards the northern edge of the Edmund Basin, at the contact with the older Ashburton Basin rocks.
The very large radiometric anomaly has been virtually unexplored except for a few wide-spaced rock chip samples that returned results up to 246ppm uranium.
Miramar is now working towards the granting of tenement applications at Cheyne Springs and the adjacent Blue Bar Target (NYSE:TGT).
Regional uranium radiometric image for Bangemall Project tenements.
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