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Miramar Resources Secures $500K Drill-for-Equity Deal to Unlock Gidji’s 8 Mile Gold Potential
8:32am on Friday 13th of June, 2025 AEST
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Mining
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Miramar Resources Secures $500K Drill-for-Equity Deal to Unlock Gidji’s 8 Mile Gold Potential
8:32am on Friday 13th of June, 2025 AEST
Key Points
Drill-for-equity agreement with Topdrill covers 40% of drilling costs up to $500,000
RC drilling to test high-priority 8 Mile gold target starting July 2025
8 Mile target lies near Northern Star’s 8-Mile Dam deposit with 314,000 ounces gold
Shares issued to Topdrill at 10% discount, subject to six-month escrow
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