Maronan Metals Ltd (ASX: MMA) is an Australian mineral exploration company focused on unlocking the growth potential of the Maronan Silver-Lead and Copper-Gold deposit in Northwest Queensland's Cloncurry region. Maronan Project, near Cannington Mine, is among Australia's largest undeveloped silver resources. The company has reported encouraging results from its 2023 drilling program at Maronan, revealing additional high-grade silver intercepts with lead mineralization and oxide copper-gold intercepts.
Notable results include mineable widths and grades of silver with lead sulphide mineralization, as well as shallow oxide copper-gold intercepts, reinforcing the project's near-term development potential. The compilation of these findings demonstrates excellent continuity in both geology and mineralization along the Eastern Horizon. Further assay results are anticipated in December, contributing to the ongoing exploration and development narrative of Maronan Metals.
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Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
