Miramar Resources Identifies Multiple EM Conductors at Bangemall Project, Strengthens Norilsk-Style Exploration Model
Miramar Resources Ltd (ASX:M2R) has announced the identification of multiple large electromagnetic (EM) conductors at its Bangemall Project in Western Australia, following results from a VTEM survey co-funded under the state’s Exploration Incentive Scheme (EIS). The findings bolster the company’s Norilsk-style nickel-copper-PGE exploration model and mark a significant step in advancing the project.
Strategic Landholding and Geological Significance
The Bangemall Project spans approximately 1,230 square kilometres across the Edmund and Collier Basins, intruded by 1070 Ma Kulkatharra Dolerite sills. These intrusions are of the same geological age as the Giles Complex intrusions in the West Musgraves, host to the renowned Nebo and Babel nickel-copper-PGE deposits.
Earlier in 2025, drilling at Mount Vernon confirmed the presence of disseminated nickel and copper sulphides within differentiated Kulkatharra Dolerite sills, validating Miramar’s Norilsk-style exploration concept.
Survey Details
The heliborne VTEM survey, co-funded through the EIS, comprised 4,499 line kilometres flown on 200-metre spaced lines. Key specifications included:
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Flying height: 83 metres
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Magnetic sensor: 73 metres
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EM sensor: 35 metres
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Transmitter loop: 35 metres
Preliminary results show anomalies that compare favourably to deposits in the Norilsk Talnakh mining camp in Russia, one of the world’s largest nickel-copper-PGE districts.
Executive Commentary
Miramar Resources’ Executive Chairman Allan Kelly expressed confidence in the project’s potential:
“Since commencing exploration at Bangemall, we have demonstrated the existence of differentiated dolerite sills, mafic cumulate rocks and disseminated nickel and copper sulphides, thereby proving the Noril’sk concept.”
Strategic Partnership and Funding
In parallel with exploration activities, Miramar has signed a Non-Binding Term Sheet for an Exploration Joint Venture (JV) with Sumitomo Metal Mining Oceania.
Once formalised, the JV will:
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Provide Miramar with a $250,000 refund from the WA Government for the EIS component upon lodgement of final EM data.
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Deliver approximately $275,000 in cost recovery from Sumitomo, covering Miramar’s share of survey expenses.
This partnership positions Miramar with both technical expertise and financial support for advancing Bangemall.
Project Highlights
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Multiple large EM conductors prospective for Norilsk-style nickel-copper-PGE mineralisation.
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Strategic 1,230 sq km position across the Edmund and Collier Basins.
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EIS co-funded survey delivering 4,499 line kilometres of detailed geophysical data.
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Mount Vernon drilling confirmed nickel and copper sulphides earlier in 2025.
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JV framework established with Sumitomo Metal Mining Oceania.
Next Steps
Miramar’s immediate focus will be on:
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Processing and interpreting the final EM data.
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Planning ground-based follow-up, including mapping, rock-chip sampling, and ground EM surveys.
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Conducting heritage surveys ahead of a potential drilling program.
With promising EM conductors identified, supportive geological evidence, and a strategic JV pathway with Sumitomo, Miramar Resources is well-placed to unlock the potential of the Bangemall Project. The company’s exploration success could position it at the forefront of nickel-copper-PGE discoveries in Western Australia, a region already renowned for world-class deposits.