Maronan Metals (ASX: $MMA) concludes successful 2023 drilling program

Maronan Metals Ltd (ASX: $MMA) has concluded its 2023 exploration drilling program, with the final hole, MRN23022, delivering very impressive results on the Western Horizon. The standout intercepts include 8.4 metres at 17.1% lead, 112g/t silver (605g/t Silver Equivalent) and 27.6 metres at 4.3% lead, 65g/t silver (188g/t Silver Equivalent). These results materially extend high-grade mineralization on the Western Horizon, highlighting the significant value that can be gained from closer spaced and step-out drilling on the Maronan deposit.

Maronan Metals Managing Director's Commentary on MRN23022 Results

This is a great way to finish the 2023 drilling program, that gives our team an exciting focus area for future drilling which could add significant tonnage to the resource. MRN23022 has delivered some of the best lead results seen at Maronan. While our focus over the past 6 months has been on the silver-enriched Eastern Horizon, this drilling shows the Western Horizon also contains very strong mineralization within the Starter Zone, which bodes well for potential mining scenarios.

Summary of MRN23022 Results and Outlook

The conclusion of the 2023 drilling program by Maronan Metals (ASX: $MMA) has revealed very strong intercepts in MRN23022, the final hole of the program, on the Western Horizon. These results extend high-grade mineralization and provide an exciting focus area for future drilling, potentially adding significant tonnage to the resource. The company's Managing Director, Richard Carlton, expressed optimism about the potential mining scenarios on the Western Horizon, indicating a positive outlook for Maronan's growth potential. Maronan has also initiated metallurgical research and environmental baseline studies, with an update on the revised resource estimation expected in the first half of 2024.