Maronan Metals Limited (ASX:MMA) has commenced its maiden exploration drilling programme on the company’s exciting Maronan Project located 65km south of Cloncurry in Northwest Queensland.
In just three months since listing Maronan Metals has employed crucial technical and corporate personnel, established a field base in Cloncurry and this week initiated the first of many planned diamond drill holes.
The first two drill holes in the 2022 programme will target extensions to high-grade copper-gold mineralisation, while the third hole will target high high-grade lead-silver at the Northern Fold structure.
Copper-Gold Holes (MRN22001 and MRN22001A)
Drill hole MRN22001 and directional daughter hole MRN22001A aim to test the continuity of copper-gold mineralisation in the Chalcocite Zone.
These holes are designed to intersect the target zone at about 150 metres and 300 metre vertically above historic drill hole MRN12004 which intersected 27.8 metres at 1.9% copper, 1.6g/t gold from 853 metres.
The new holes will also test the Eastern and Western Lead-Silver Horizon’s situated either side of the Copper Zone. Lead-Silver Hole (MRN22002) Drill hole MRN22002 aims to test the continuity of high-grade mineralisation within the Eastern Lead-Silver Horizons and better define its geometry at the Northern Fold structure.
This hole is designed to intersect the target zone about 150 metres vertically above the historic hole MRN14008, 150 metres below MRN13002, and 100 metres north of MRN14002 where multiple intervals of significant lead-silver mineralisation were intersected.
Further drilling to define the limits of the higher-grade mineralisation will be planned upon completion of these three holes.
“MMA’s drilling campaign is up and running and our new team is looking forward to delivering some strong results as we work through the current programme,” Maronan’s Managing Director, Richard Carlton, said.
For further information please visit: https://www.maronanmetals.com.au/
