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An announcement from Maronan Metals Ltd ( (AU:MMA) ) is now available.
Maronan Metals Ltd has announced a substantial update to its Mineral Resource Estimate for the Maronan Project, significantly increasing the Indicated Silver-Lead resource within the Starter Zone by 2.5 times and introducing a maiden Indicated Copper-Gold resource. These developments enhance the company’s confidence in the mineability of its resources and mark a critical step towards turning the Maronan discovery into a viable mining operation. The updates are expected to positively impact the company’s operational capabilities and project economics, further solidifying its position in the mining industry.
More about Maronan Metals Ltd
Maronan Metals Ltd operates in the mining industry, focusing on the extraction and development of mineral resources. The company primarily deals with silver-lead and copper-gold deposits, with a significant focus on the Maronan Project, which is positioned to offer early development potential.
Average Trading Volume: 147,375
Technical Sentiment Signal: Sell
For an in-depth examination of MMA stock, go to TipRanks’ Stock Analysis page.