✦ Allan Kelly, Executive Chair of Miramar Resources Limited (ASX: M2R) reveals the company's three main focus points in their project portfolio.
Miramar Resources Limited has exciting explorations going on, and every inch of exploration is unravelling positive discoveries.
Allan Kelly has useful insights for investors about how they should look at projects. This is going to be helpful for investors to learn how to discern and sift out companies with a story that has value. Mr. Kelly also explains how companies really do mineral exploration.
And to do that, he brings news about the three crown jewels in the Miramar's project portfolio: the Gidji, Mt Vernon at Bangermall and Whaleshark.
Miramar is looking at exciting times in their company's history as every exploration is revealing more of how much these jewels are shining.
For Gidji, its consistent drilling results are showing signs, slowly but surely, of becoming a valued proposition. For Mr. Kelly, this could well be a new mineral camp sitting between Kalgoorlie and Paddington with a vast array of geological formations and mineralising tectonic settings.
The Mt Vernon project in the Bangemall is creating a lot of opportunities and the company now has new targets being generated which they will interpret and start more surveys to vector drill targets.
This is the company's third major project that looks set to reveal even more secrets with time.
Follow Mr. Kelly as he deep dives into these three explorations:
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 has been drilling for two months - Something must be happening.
14:52 Gidji is strategically placed for corporate and discovery activities.
15:28 Bangemall Project - Mt. Vernon - Its History and Why it´s 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.
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About Allan Kelly
Mr. Kelly is a geologist and manager with over 25 years’ experience in mineral exploration, development and production throughout Australia and the Americas.
Mr. Kelly graduated in 1994 with a Bachelor of Science (with honours) in Applied Geology from Curtin University. He has been involved in targeting early-stage exploration of gold, nickel and copper deposits in Australia, Alaska and Canada and has previously held senior exploration positions within Western Mining Corporation and Avoca Resources Limited. He has also served as an Executive Director of Riversgold Ltd and a non-executive director of Alloy Resources Ltd.
In 2009, Mr. Kelly founded Doray Minerals Limited, which listed on the ASX in early 2010. Under Mr. Kelly’s management, Doray discovered the high-grade Wilber Lode gold deposit within the Andy Well Project in the Murchison Region of Western Australia, which moved from discovery to production within three and a half years, and subsequently funded, constructed and commissioned the Deflector Gold-Copper Project within 14 months of completing the takeover of Mutiny Gold Limited in 2014.
In 2014, Mr. Kelly was awarded the Association of Mining and Exploration Companies (AMEC) ‘Prospector Award’, along with Doray’s co-founder Mr. Heath Hellewell, for the discovery of the Wilber Lode and Andy Well gold deposits.
Mr. Kelly is a Fellow and Former Councillor of the Association of Applied Geochemistry (AAG), a Member of the Australian Institute of Geoscientists (AIG) and a Member of the Institute of Brewing and Distilling (IBD).
About Miramar Resources Limited (ASX:M2R)
Miramar Resources Limited is a Western Australian focused mineral exploration company with projects in the Eastern Goldfields, the Murchison and Gascoyne regions. The portfolio of exploration projects has high potential for new gold discoveries within trucking distance of existing operations and for the discovery of nickel-copper-platinum group element (PGE) mineralisation.
Miramar aims to create shareholder value through discovery and the Board has a proven track record of successful discovery, development and production.
Contact Miramar Resources Limited
Unit 1, 22 Hardy St South Perth WA 6151 PO Box 810 South Perth WA 6951
t/ + 61 (08) 6166 6302
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Noel Ong, CEO of Samso tells compelling stories by engaging business leaders to reveal insights beneficial to the investment community.
Samso helps executives tell ASX stories that pique interest.
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