Maronan Metals reports strong infill drilling results

Maronan Metals Ltd (ASX:MMA) has reported significant results from infill drilling at the Maronan Silver-Lead and Copper-Gold deposit in the Cloncurry region of Northwest Queensland. The drilling has revealed wide intercepts of ore-grade silver with lead mineralisation within the Starter Zone, including a high-grade footwall interval. The results significantly add to the resource confidence.

Executive commentary on drilling results

We are delighted to confirm consistent wide intervals and high-grade assay results within the Starter Zone, which reinforces our expectations that Maronan has the potential to become a highly successful mining operation due to its favourable ore geometry and grade. With each new drill hole, our confidence in the project continues to grow.

Summary of infill drilling results and outlook

Maronan Metals' infill drilling has demonstrated strong continuity and steep plunge control to the silver-lead mineralisation, indicating the potential for a successful mining operation. The wide intervals of mineralisation in the soft, bedded carbonate-lead sulphide ore type offer significant comminution, processing, and potentially bulk mining cost advantages. The 2024 drill program is progressing well, with a record monthly drill total achieved in August. Further assay results are pending, and the company remains optimistic about the project's growth potential and resource estimation search distance parameters.