Maronan Metals (ASX:MMA) has announced encouraging drilling results from its Maronan Project in Northwest Queensland. The project has shown significant silver-lead mineralisation, enhancing the predictability of the resource. Wide mineralisation intervals identified could lead to cost benefits in mining operations.
Maronan Metals Limited has achieved significant milestones in its Maronan Project, with promising assay results enhancing the project's potential. With over 7,000 metres drilled in 2024 and further results pending, the company is poised for a resource review in early 2025. The project, located near a major mine, could become one of Australia's largest undeveloped silver resources. Maronan Metals aims to fully explore the high-grade mineralisation, focusing on cost-effective mining and resource estimation strategies.
The consistency in width and grade of mineralisation between several drill holes supports the predictability of the resource, essential for mine development.