Miramar Resources Limited (ASX: M2R) has released an update on its Bangemall Copper–Nickel–PGE Project, located within the Proterozoic Edmund and Collier Basins in the Gascoyne region of Western Australia (Figure 1). The Project sits within a vast 1,230 km² landholding hosting multiple 1070 Ma Kulkatharra Dolerite sills – the same age suite as the Giles Complex, which contains the Nebo-Babel Ni-Cu-PGE deposits.

Miramar Resources Limited (ASX: M2R) has taken another decisive step forward, announcing a multi-year Exploration Joint Venture with Sumitomo Metal Mining Oceania Pty Ltd (SMMO) at its Bangemall Ni-Cu-PGE Projects in Western Australia (Figure 1). This agreement, which could see SMMO earn up to 90% interest through staged expenditure and feasibility milestones, is designed to systematically test for giant Noril’sk-style deposits—some of the most valuable mineral systems global

This story is not about chasing hype—this is about doing the work. Some investors may say that management needs to create the hype but as long as i have know the key management of the company, this is not in their DNA. They are all about getting into the business of mineral exploration at a cost effective manner and that is maximum funds into the ground and not about funding a lifestyle company.

As someone who’s followed Miramar Resources (ASX: M2R) since its IPO, I’ve always been intrigued by the Whaleshark Project. Located about 40km east of Onslow in Western Australia’s Ashburton region, this project has been on my radar due to its promising geology. But the recent announcement has taken my interest to a whole new level.