Glen Parsons, chief executive of Mariana Resources Ltd (LON:MARL), says the Hot Maden project in Turkey is “something that is very high grade and the grade is close to surface, so it has a quick payback in terms of cash flow.”
Parsons says the project is being fast tracked by both Mariana and joint venture partner Lidya. Metallurgical studies are underway as is the resource upgrade with the milestone Preliminary Economic Assessment on target for the end of September. The chief is very excited about the project saying the partnership is striving for production in early 2019.
