Overview of the Maronan Project

The Maronan lead-silver and copper-gold deposit is an emerging base metal deposit in the world class Carpentaria Province which hosts multiple Tier 1 lead-zinc-silver mines including Mount Isa, George Fisher, Century, Cannington, Dugald River and significant copper deposits including Mount Isa, Ernest Henry, Osborne and Eloise.

MMA 23000

Total Resources

  • Silver-Lead 32.1Mt @ 6.1% Pb 107g/t Ag including:
    - Starter Zone Indicated 2Mt @ 5.3% Pb 155g/t Ag
    - Starter Zone Inferred 9Mt @ 5.3% Pb 101g/t Ag
    - Outside Starter Zone Inferred 20.1Mt @ 6.5% Pb 105g/t Ag
  • Inferred Copper-Gold 32.5Mt @ 0.84% Cu 0.61g/t Au 7g/t Ag
  • Inferred ‘Gold-only’ 1.8Mt @ 1.24g/t Au

There is significant untested exploration upside for high-value Lead – Silver targets near surface and at depth.

The Maronan Project is located approximately 65km south of Cloncurry and is just 5km off the sealed Landsborough Hwy. Maronan is located 15km from AIC Mines’ Eloise mine, and 90km north of South 32’s Cannington Lead-Zinc-Silver mine.

MMA 23001 ASX 08112023

area map 2