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Maronan Metals (MMA) investor relations material
Maronan Metals Q1 2026 TU earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Released inaugural Preliminary Economic Assessment (PEA) for the Maronan Starter Zone, confirming robust project economics and marking a key milestone toward mine development.
Signed a Memorandum of Understanding with Austral Resources for potential toll treatment, offering a lower capital expenditure pathway.
Environmental Assessment Application submitted and progressing for the Mineral Development Licence.
Post-quarter, completed a $16M placement and launched a $3M share purchase plan to strengthen financial position.
Resumed fieldwork and surface diamond drilling to expand resources and support technical studies.
Financial highlights
Net cash outflow from operating activities for the quarter was $1.37M, with $795K spent on exploration and $241K on development.
Cash and cash equivalents at quarter end were $1.66M, down from $3.03M at the start of the quarter.
$16M raised via placement and up to $3M targeted through a share purchase plan post-quarter.
Outlook and guidance
PEA indicates a 10-year mine life at 1.2Mtpa, producing ~5.4Moz AgEq per annum, with significant upside potential as only 22% of the silver-lead resource is included.
Additional infill drilling could potentially double production profile and improve project economics.
Funds raised will support ongoing drilling, feasibility, and early development activities.
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