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Miramar rock chips show high-grade copper-lead-silver at Chain Pool
Rock chip samples from Miramar's Joy Helen prospect show high-grade copper, lead and silver. The MD says the Chain Pool project could be larger than historic workings suggest. Assays from recent auger drilling are due mid-July.
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Miramar Resources (ASX:M2R) has returned high-grade copper, lead and silver assays from rock chip sampling at the Joy Helen prospect within its 100%-owned Chain Pool project in Western Australia's Gascoyne region.
Samples collected during the recent auger drilling campaign included MR0012 and MR0013, taken almost 200 metres east of the historic workings near a basin-margin fault highlighted by a recent gravity survey and a copper-in-soil anomaly. MR0013 showed relict breccia textures similar to the main Joy Helen ore, with strongly anomalous barium values.
Managing Director Marion Bush said the Chain Pool project has the right age, geology and structural settings for a large base metal deposit, with evidence of high-grade copper-lead-silver mineralisation at Joy Helen. She added that the new rock chip results, combined with the detailed gravity survey, suggest the opportunity could be significantly larger than the historic workings indicate.