Quarterly Report - Quarter Ending in 30 June 2024

Miramar Resources Limited (ASX:M2R, Miramar or “the Company”) is pleased to provide a summary of activities completed during the Quarter ending 30 June 2024.

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HIGHLIGHTS

〉Gidji JV

• IP Survey highlights potential extension(s) to 8 Mile Dam gold deposit

〉Randalls

• New tenement applications along Randall Fault

〉Bangemall Ni-Cu-Co-PGE Projects

• Exploration Incentive Scheme (EIS) funding approval and preparations for maiden drilling campaign at Mt Vernon and Trouble Bore

〉Whaleshark

• Passive seismic survey maps basement depth across Project
• Large magnetite Exploration Target outlined

〉Corporate/Financial

• Placement raises $446,000 and Entitlement Offer Announced
• 2023 EIS funding and Research and Development tax refund received

During the Quarter, the Company completed exploration activities across various projects in the Eastern Goldfields and Gascoyne regions of Western Australia and continued preparing for the maiden drill campaign within its Bangemall Projects.

An IP Survey within the Gidji JV Project increased the likelihood of a northern extension to the 313koz 8 Mile Dam gold deposit, offset by faulting.

The Company completed a passive seismic survey to map basement depth and outlined a very large magnetite Exploration Target at Whaleshark.

Miramar’s Executive Chairman, Mr Allan Kelly, said the Company was looking forward to completing the first drill campaign at Mount Vernon and Trouble Bore, targeting Norilsk-style Ni-Cu-Co-PGE mineralisation.

“We are exploring for mineralisation similar to the giant Norilsk-Talnakh deposits in Siberia, the largest and most valuable nickel deposits in the world,” he said.

“In addition, we have a number of highly prospective but underexplored gold projects in the world-class Eastern Goldfields Province, any of which could host a significant gold deposit,” he added.

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