Coffee with Samso

Miramar Resources Limited (ASX: M2R) Discovery at Gidji, Bangemall and Whaleshark


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Rooster Talk Episode 52 with Allan Kelly, Executive Chair of Miramar Resources Limited (ASX: M2R) is a great revelation of how investors should look at projects and how companies do mineral exploration.   There are exiting times coming for Miramar as they are slowly ravelling the potential jewels in their project portfolio. The consistent drilling results coming out of the Gidji project is showing signs of a slow development into a valued proposition.   As exploration continue, Allan believes that the Gidji project is a new mineral camp with the vast array of geological formations and mineralising tectonic settings.   The recent geophysical results from the Mt Vernon project in the Bangemall is creating a lot of opportunities for Miramar. The company has now new targets being generated which they will interpret and start more surveys to vector drill targets.   The third major project that is now looking at unlocking its secret is the Whaleshark project. In this Rooster Talk, Allan gives us an in-depth discussion of all these topics.   I believe that the Gidji project is now a new mineral camp that sits between Kalgoorlie and Paddington.   Chapters   00:00 Start 00:15 Introduction 00:53 Allan updates. 04:58 The development of Gidji into a monster project. 07:34 Why Gidji is going to be a Camp. 09:08 Taking stock of what is in Gidji _ This is why Gidji is a Camp. 09:50 The first systematic exploration at Gidji. 10:25 KCGM actively drilling at Runway - 280m @ 1g/t. 11:41 KCGM been drilling for two months - Must be something Happening. 14:52 Gidji is strategically placed for corporate and discovery activities. 15:28 Bangemall Project - Mt. Vernon - The history and Why its Prospective. 16:47 The Craton Margin Factor. 18:24: The Discovery of the Atlas Ni-Cu-PGE occurrences. 23:04 The EM response at Mt. Vernon - What it means for Investors. 25:30 The Interpretation of the geophysical data - How it is done. 26:30 How significant are these anomalies? 28:26 How do we interpret the intensity of the anomalies? 29:35 The three important requirements for discovery? 31:00 John Hronsky and the importance of deep lithospheric structures. 32:14 The Whaleshark Project - A Geological reason on the High Prospectivity. 43:11 Miramar is now becoming a Three project company. 46:32 The way of Good Mineral Exploration 49:04 Conclusion
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