Mariana Resources Reports More High-grade Gold-Copper Intercepts

Mariana Resources Ltd. (LSE:MARL) announced more high-grade gold-copper intercepts from drilling at its Turkey-based Hot Maden project. Drilling is ongoing at the project, and the release highlights results from five more holes.
Highlights are as follows:

Resource Extension Drilling:
HTD-18: 108.2m @ 3.0 g.t Au +1.3% Cu from 292.0m downhole Including 12m @ 6.4 g/t Au + 2.8% Cu (330.0m – 342.0m) and 9m @ 12.4 g/t Au + 0.8% Cu (384.0m – 393.0m)
HTD-20: 88.5m @ 1.8 g/t Au + 2.3% Cu + 1.9% Zn from 1.5m downhole Including 3.5m @ 12.5 g/t Au + 5.7% Cu (48.5m – 52.0m)
HTD-22: 43.8m @ 7.7 g/t Au + 1.2% Cu from 342.2m downhole Including 13.8m @ 23.3 g/t Au + 1.6% Cu (98.0 – 114.0m)
Exploration Drilling (Southern Area – Hot Maden Fault Zone)
HTD-19: 12.1m @ 2.1 g/t Au + 0.7% Cu from 209.3 m downhole, and 36m @ 4.3% Zn and 13.3m @ 7.75% Zn from 271.0 m and 312.0m downhole, respectively.
HTD-21: 64.1m @ 0.8 g/t Au + 0.3% Cu + 140ppm Mo from 103.4m downhole Including 0.8m @ 9.6 g/t Au + 0.4% Cu (157.9m – 158.7m).

Glen Parsons, CEO of Mariana, commented:

Drilling continues to extend the high grade gold and copper mineralisation at Hot Maden to beyond the current limits of our 3.0M oz Gold Equivalent mineral resource. In particular, drill holes HTD‐18, 20 and 22 will ultimately add positive inventory to this existing mineral resource, including the continuity of the high grade core zone. A key point to note is the northern end where we considered it to be closed off, has now added further mineralisation with compelling Au‐Cu grade at surface with potential remaining at depth.
Encouragingly the exploration holes to the south have also intercepted high grade gold in narrower structures. As drilling unfolds, this area could have additional resource potential should further economic mineralisation be discovered.
One fact that is starting to build interest for the team is the development of the higher grade zinc zones, which to date have not been considered in the mineral resource estimate at all. The increase in zinc grades we are seeing in the north and at depth as well as the emergence of elevated molybdenum assays could add to the scope of the project, if greater tonnage can be achieved. The potential for a mineralised intrusive at depth also adds to the upside at Hot Maden. This could be a bonus to the project, as it is outside the current high grade Au‐Cu zone.
With drilling continuing by Lidya I look forward to updating the market with progress at Hot Maden.

Click here to read the full Mariana Resources Ltd. (LSE:MARL) press release.