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Miramar Resources Secures $291K R&D Refund for Innovative Exploration

Story Highlights
  • Miramar Resources focuses on exploring gold and copper deposits in Western Australia.
  • The company received a $291K R&D refund to support exploration at the Whaleshark Project.
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Miramar Resources Secures $291K R&D Refund for Innovative Exploration

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Miramar Resources Limited ( (AU:M2R) ) has issued an update.

Miramar Resources Limited has received a $291,413 R&D Tax Incentive Refund from the Australian Taxation Office for the 2024 financial year. The refund supports the company’s innovative exploration techniques at the Whaleshark Project, which has multi-commodity potential in a well-situated area. This financial support will aid in the continued testing of surface and sub-surface geochemical sampling techniques for identifying buried copper-gold mineralisation.

More about Miramar Resources Limited

Miramar Resources Limited is a mineral exploration company focused on Western Australia, particularly in the Eastern Goldfields and Gascoyne regions. The company explores for gold, copper, and nickel-copper-platinum group elements (Ni-Cu-PGE) deposits and has a history of discovery, development, and production across Australia, Africa, and North America.

Technical Sentiment Consensus Rating: Buy

Current Market Cap: A$1.59M

Find detailed analytics on M2R stock on TipRanks’ Stock Analysis page.

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