() identified several electromagnetic (EM) conductors in the Dooley Downs building application, which is part of the Bangemall Nickel-Copper-PGE project in the Gascoyne region of Western Australia.

This follows a review of historical data from the Dooley Downs building (E09 / 2484), one of seven exploration licenses wholly owned by Miramar in the region.

M2R believes the Bangemall project holds promise for craton margin nickel-copper-EGP mineralization, such as that discovered at Nova-Bollinger and Nebo-Babel, and the giant deposits of Norilsk and Voisey Bay.

Data spaced 160 meters apart show a series of linear EM anomalies interpreted to be related to various dolerite sills and / or sulphide sediments.

Interestingly, several discrete EM anomalies, on the order of 400-500 meters in diameter, are adjacent to the stratigraphic conductors.

Bangemall projects showing regional geology, major structures and sills of Proterozoic dolerite.

These smaller anomalies appear in both late (channel 30 – 11.7 meters) and deeper (60-100 meters) images and appear to coincide with areas of demagnetization in structures parallel to directions.

Historical EM survey data showing stratigraphic and localized EM conductors.

Historical surface geochemical sampling has been sporadic and primarily focused on exploration for manganese.

Several historical rock chip samples contain malachite, but most samples have not been analyzed for nickel or copper and no samples have been taken directly from EM conductors.

Miramar plans to model the EM data and will field check anomalies once the lease is granted.