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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.
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Q1 2026 TU earnings summary27 Oct, 2025

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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Frequently asked questions

Maronan Metals Limited is an Australia-based mineral exploration company focused on the development of precious and base metal projects. The company’s primary asset is the Maronan Project in Queensland, which contains significant deposits of silver, lead, and copper. Maronan Metals is engaged in exploration activities, resource assessments, and feasibility studies to advance its mining operations. Maronan Metals Limited is headquartered in Australia, and its shares are listed on the Australian Securities Exchange (ASX).

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