leadf
logo-loader
viewMariana Resources Ltd.

Mariana Resources chief hints at faster Hot Maden development

Mariana Resources’ (LON:MARL) chief executive Glen Parsons says the company’s Hot Maden project could reach feasibility stage by the latter half of 2016 after a second round of drilling at the Turkish site. “We’re seeing an opportunity to move project forward quickly,” said the CEO following yesterday’s encouraging drilling results at the gold and copper prospect.  Four holes have now been drilled this time by Lidya, its Turkish partner, and Parsons believes the bu

The aim is to supply more than 200 tonnes of fresh produce a month to Dar es Salaam - Africa's fast growing city and revenue from sales will significantly reduce the overall operating cost for the dried fruit operation which will re-commence once certification is awarded

Mariana Resources’ (LON:MARL) chief executive Glen Parsons says the company’s Hot Maden project could reach feasibility stage by the latter half of 2016 after a second round of drilling at the Turkish site.

“We’re seeing an opportunity to move project forward quickly,” said the CEO following yesterday’s encouraging drilling results at the gold and copper prospect. 

Four holes have now been drilled this time by Lidya, its Turkish partner, and Parsons believes the bumper grades at Hot Maden could let to a significant return on Mariana’s investment.

Quick facts: Mariana Resources Ltd.

Price: - -

AIM:MARL
Market: AIM
Market Cap: -
Follow

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

FOR OUR FULL DISCLAIMER CLICK HERE

Medexus Pharmaceuticals reveals record quarterly revenue of C$31.5M

Medexus Pharmaceuticals Inc (CVE:MDP) (OTCQX:MEDXF) CEO Ken d’Entremont tells Proactive its fiscal third quarter results revealed record quarterly revenue of C$31.5M, nearly doubling its revenue year-over-year from C$16.2M in the same period in 2019. d’Entremont added given significant share...

37 minutes ago

2 min read