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Why Miramar Resources Is Betting on South Ashburton’s Untapped Gold-Copper Potential
8:32am on Tuesday 10th of February, 2026 AEDT
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Mining
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Why Miramar Resources Is Betting on South Ashburton’s Untapped Gold-Copper Potential
8:32am on Tuesday 10th of February, 2026 AEDT
Key Points
Exclusive 6-month option to purchase South Ashburton Au-Cu-Sb project
Project located in Ashburton Basin, analogous to major deposits like Paulsens and Mt Olympus
No recent exploration or drilling since 1991, offering potential for modern target generation
Option exercise involves cash payment, share issuance, and 1% gross royalty
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