TSX debut still on the cards for Mariana Resources.
Tuesday, 17/05/2011
Mariana Resources (MARL) could make its debut on the Toronto Stock Exchange within the next month, after a delay caused it to miss its original date.
The gold, silver and copper explorer, which is already listed on London's Alternative Investment Market, told Interactive Investor it expects to receive conditional approval within the next one to two weeks.......
(continued)
It is these discoveries that continue to draw interest to the area, with the likes of fellow UK-listed explorers Minera IRL (MIRL) and Hochschild (HOC) both neighbours, and Mariana deems it likely that consolidation will occur going forward.
"The Deseado Massif, in the Santa Cruz province, is a world-class gold-silver mining province and there will certainly be a rise in consolidation activity, given that most of the land is now spoken for," chairman John Horsburgh said.
Mariana itself boasts 160,000 hectares land position in the Santa Cruz area, and said it is expecting major grassroots exploration in the third and final quarter of this year across Bozal and Tongoril I.......
(continued)
http://www.iii.co.uk/articles/15479/tsx-debut-still-cards-mariana-resources
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