MMA 4.65% 22.5¢ maronan metals limited

Ann: Strong Maronan Resource Review and Maiden Indicated Resource, page-47

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  1. 3,061 Posts.
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    Thought I would do a comparison between MMA's 2015 resource and the 2024 resource upgrade. The third column shows the variances between the first two columns (2024 Resource Vs 2015 resource). Green for added and red for reduced. The greatest effect is the reduced grade due to the increase in the copper/gold tonnage which has dropped the silver equivalent grades for the project.

    The bottom image shows the two separate resources. MMA have stated that the lead\silver resource in the starter zone would be mined first and the grades back this up. I suspect that once the debt is paid off that MMA would look at mining the copper/gold resource.

    https://hotcopper.com.au/data/attachments/6066/6066571-852ca1f2b32909bcd81a1263ba891f8a.jpg

    https://hotcopper.com.au/data/attachments/6066/6066615-f393cd111d66150f352b1fead84bcda1.jpg


 
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