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Maronan drilling push gains funding and a new mine-builder at the helm

9:22am on Wednesday 21st of October, 2026 AEDT • Mining
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Maronan drilling push gains funding and a new mine-builder at the helm

9:22am on Wednesday 21st of October, 2026 AEDT
Key Points
  • More than 15,000 metres completed from a planned 40,000-metre infill program
  • A$20 million placement at $0.40 per share awaits 4 November shareholder approval
  • Third drill rig expected in November and fourth rig targeted for December
  • Mineral Resource update planned for Q4 FY2027, with PFS targeted for mid-2027
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