Maronan Metals (ASX:MMA) - Emerging Silver Giant
11 November, 2024 · By Trent Allen · Long-form
Overview
Maronan Metals is advancing one of Australia's largest undeveloped polymetallic resources, the Maronan project near Cloncurry, QLD. Hosting 66.4Mt of JORC resources across silver-lead, copper-gold, and gold-only zones, the deposit combines high-grade mineralisation (e.g. 6.1% Pb, 107g/t Ag) with scale and development potential. GBA Capital's valuation of A$0.95/sh is supported by strong exploration results, soft ore for cost-effective underground mining, and early-stage studies pointing to robust economics. Production is anticipated by 2030, with upside potential if a trucking option or phased development is adopted.
Report Details
- Category
- Commissioned Note
- Published
- 11 November, 2024
- Analyst
- Trent Allen
- Format
- Long-form
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