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Maronan Metals Limited (ASX:MMA)

ALERT: Price-sensitive ASX Announcement for MMA
Current share price for MMA : $0.425 -0.175 (-29.17%)+
Announcement
Release
28 Jan 2026 9:58AM
Price at Release
$0.600
Full Release
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Summary
The metallurgical testwork conducted by Maronan Metals Limited on their copper-gold mineralization samples indicates stronger gold recoveries. The testwork utilized samples from various ore types: primary, transitional, and leached, within the Cloncurry & Mt Isa region. Different flotation schemes were employed, showing high recoveries for primary ore samples with minimal losses during the cleaner flotation stage. However, the leached and transitional ores exhibited variable recoveries due to elevated levels of native copper. The test results suggest potential plant recoveries of 91–94% copper and 82–88% gold for primary ores, while leached and transitional ores showed broader recovery ranges. These findings remain subject to further metallurgical optimization and feasibility studies.
Key Points
  • Metallurgical testwork shows stronger gold recoveries.
  • Testwork conducted on copper-gold mineralization samples.
  • High recoveries observed in primary ore samples.
  • Variable recoveries in leached and transitional ores.
  • Potential plant recoveries for primary ores: 91–94% Cu and 82–88% Au.
  • Further metallurgical optimization and feasibility studies needed.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.