grevis2
- 12 Nov 2009 12:21
Mariana Resources Ltd is an AIM and TSX quoted exploration and development company with an extensive portfolio of gold, silver and copper projects in Argentina and Chile. In southern Argentina, in addition to the Las Calandrias gold-silver discovery, the Company has the Sierra Blanca silver-gold prospect (70%); the Los Amigos joint venture (49%) with Hochschild Mining and a 160,000 Ha land package (100%) in the country. All of these projects are located in the Deseado Massif epithermal gold-silver district in mining-friendly Santa Cruz province of southern Argentina, which hosts four mines and several advanced projects. In Chile, Mariana has a joint venture with US based international mining and natural resources company Cliffs Natural Resources Inc., to explore for iron oxide-copper-gold deposits (‘IOCG’) in a 92,000 km² area (“SCM Mariana Area”) in north-central Chile along the highly prospective Atacama Fault Zone. The SCM Mariana Area includes the 44km² Buenaventura and 46km² Perro Chico IOCG projects. Mariana is also evaluating a number of gold-silver and copper-gold opportunities away from the Cliffs JV area, as part of a new initiative.
The Guardian-Our share tips for 2012...
Nick Fletcher
Aim listing mining group Mariana Resources has a number of gold and silver projects in Argentina and Chile, and recent drilling results from its Sierra Blanca site have been encouraging. AngloGold Ashanti recently showed confidence in Mariana by paying 12p a share to take a 19.9% interest, with the cash helping to fund the company's drilling programme for the next 12 months or so. This news prompted analysts at Fox Davies to put a 22p target on the shares, currently 10p. There is plenty of scope for consolidation among mining companies in the region, and in the long term Mariana may look at selling some of its projects, seek further partnerships with major mining groups or agree to a takeover.
http://www.guardian.co.uk/business/2011/dec/27/share-tips-for-2012
Capital Structure
At 31 January 2012.
Issued capital 228,740,487 Ordinary shares Unrestricted on AIM, none held in Treasury. 47,105,557 Restricted on TSX
Options 16,611,000
Significant Shareholders
The holders of more than 3% of the fully paid shares on 31 January 2011 are listed below:
Name No. of shares held % held
AngloGold Ashanti Holdings Plc 45,418,212 19.86
Hochschild Mining Holdings Limited 11,002,948 4.81
Craton Capital 8,000,000 3.50
Australian Investors P/L 7,547,500 3.30
* Percentage of shares not in public hands - Directors and management hold 4.50% of issued
loadsadosh
- 05 Jan 2011 09:20
- 94 of 154
Grevis2: Have you looked at (TPJ) will be opening a thread on these shortly
Triple Plate Junction plc is a gold and mineral exploration company which listed on AIM (the Alternative Investment Market) in 2004, having completed a fundraising of 4.2 million.
The company has secured highly prospective exploration areas which have the potential to host world class gold and copper-gold deposits.
Featured in Share magazine they have impressive partner list and a lot of good potential ground
grevis2
- 05 Jan 2011 12:02
- 95 of 154
Thanks loadsadosh. Have had a look at TPJ which seems interesting. Have added said to my watch list.
grevis2
- 05 Jan 2011 12:03
- 96 of 154
Shares in Mariana Resources (LON:MARL) were given a boost this morning by the latest drilling results, which confirmed the companys Calandria Sur prospect in Argentina as a bulk tonnage silver and gold deposit.
The news prompted FinnCap, the companys broker, to increase its price target on shares in the miner to 64 pence .
http://www.proactiveinvestors.co.uk/companies/news/24341/mariana-shares-rise-on-the-back-of-positive-calandria-sur-trading-update-24341.html
grevis2
- 06 Jan 2011 12:42
- 97 of 154
Mariana Resources (MARL.L/AIM/96m) More to go for? (corporate pick & latest note attached)
Looking at the share price chart for Mariana, many investors may look at this and believe that they have missed the boat. Not so. With the average AIM gold stock rising by 160% in 2010, Mariana outperformed by only 7% and ranked 13th out of 41 stocks, despite its run of positive drilling results and the JVs it has in place with Hochschild and Cliffs Natural Resources (both of which must be viewed as potential acquirers). The announcement made yesterday, releasing assay results from its Calandria Sur goldfield in Patagonia, means that the company is now in a position to release a preliminary resource in end Q1/ beginning Q2. This we believe will have a positive impact on the share price. However, and more interestingly, Mariana has newsflow from multiple projects expected in Q1. Besides the imminent release of 19 assay results from the Calandria Norte bonanza gold prospect located 1km north of Calandria Sur, we also expect assay results from the deep porphyry copper target at La Borita, from the 49/51 Los Amigos JV with Hochschild and exploration updates for Sierra Blanca and for the copper exploration JV in Chile with Cliffs Natural Resources. It is worth noting at this point that we currently ascribe no value to any project other than Las Calandrias. Mariana is well funded, with c11m on its balance sheet for further exploration in 2011.
Based purely on Las Calandrias, we have a target price of 64p, offering 25% upside from here. However, we think this may be on the conservative side and increasing rapidly as positive newslfow comes out. BUY
grevis2
- 13 Jan 2011 11:42
- 98 of 154
Drill testing of high grade vein-breccia targets at Calandria Norte bonanza gold prospect completed, results of 19 holes imminent
Additional listing on the Toronto exchange imminent
Resource modelling at Calandria Sur to commence January 2011 leading to a preliminary resource estimate Q1/Q2 2011
Exploration drilling underway at El Nido prospects with two rigs testing new 3D IP targets including Nido Norte and Nido Oeste (6,000m) - first results expected in mid February 2011
loadsadosh
- 24 Jan 2011 08:12
- 99 of 154
More Bonanza Gold Intercepts from Calandria Norte
Las Calandrias Project, Southern Argentina
Re:- grevis 97
For those investors still waiting there is a second boat
Results from first 16 holes from infill and exploratory drilling campaign at Calandria
Norte indicate potential for developing significant high grade gold-silver
mineralisation within an extensive rhyolite dome-hosted stockwork zone;
Four additional bonanza grade vein-breccia intersections at La Calandria
Vein
Best intersection of 11.5m @ 10.5 g/t Au and 53 g/t Ag from 85m,
including 2.40m @ 43.0 g/t Au & 218 g/t Ag from 89.3m (CND125)
Other highlights include 12m @ 8.0 g/t Au and 9 g/t Ag from 101m
including 0.6m @ 123.0 g/t Au & 93 g/t Ag (CND122) and 28.6m @ 4.0 g/t
Au and 17 g/t Ag from 77.4m including 0.45m @ 140.5 g/t Au & 312 g/t
Ag (CND123)
For further details : http://www.marianaresources.com
loadsadosh
- 24 Jan 2011 08:37
- 100 of 154
The expected resource modelling of Calaandria Sur (Q2 2011) may now be extended to include Calandria Norte, the combined resource model should be quite something
grevis2
- 01 Feb 2011 13:57
- 101 of 154
That pullback has been overdone. Cal' North's latest findings were somewhat disappointing compared to their previous results, but nevertheless they were not discouraging. Cal'South is progressing well towards an opencast bulk tonnage mine and we have yet to receive Marl's results from their other exploration areas, so there is more to come.
hlyeo98
- 13 Feb 2011 10:46
- 102 of 154
loadsadosh
- 18 Mar 2011 23:26
- 103 of 154
One good thing about this drop in the sp is that it enables you to top up prior to releases such as these below. Hope you did likewise Grevis2
Nido Norte
NEW VEIN-BRECCIA TARGET
Results from 12 exploratory drill holes along the 1.8km long Despreciada structure highlight the Nido Norte Prospect as a prime target for follow up drilling. Nine high level epithermal vein-breccia intersections occur along a 750m sector of the 1.8km Depreciada structure and include a broad shallow intersection of 26.3m @ 1.0 g/t Au from 55m (NND162).
Other intersections include:
Hole NND154 2.0m @ 3.9 g/t Au and 6 g/t Ag from 33m and Hole NCD178 2.2m @ 1.4 g/t Au and 59 g/t Ag from 106m. Mineralisation is centred on the large 2km x 0.6km Nido Norte rhyolite dome complex follow up drilling is now testing this
1.8km zone for high grade gold-silver at depth.
Calandria Norte
High grade gold zone extends over 400m strike
Follow up drilling indicates bonanza intersections over a 150m strike within the
400m long vein system including 0.6m @ 123.0 g/t Au 93 g/t Ag (CND122) and 2.40m
@ 43.0 g/t Au 218 g/t Ag (CND125). The veinbreccias occur within stockwork sulphide
veining. Intersections at the SW and NE strike extremities of 0.8m @ 90.2 g/t Au and 198 g/t Ag (CND132) and 13.5m @ 3.0 g/t Au from 159m (CND137) indicate potential for extensions in each direction.
grevis2
- 21 Mar 2011 15:50
- 104 of 154
Loadsadosh: Seems as though MARL has started to turn up again. Have certainly added at these levels. Good luck!
grevis2
- 22 Mar 2011 10:59
- 105 of 154
Are we are seeing a strong recovery today?
grevis2
- 07 Apr 2011 13:19
- 106 of 154
Mariana drills silver project
Created:4 April 2011Written by:Martin Li
South America-focused Mariana Resources has started a 4,000-metre drilling campaign at the Sierra Blanca silver-gold joint venture in the Santa Cruz province of southern Argentina. The drilling follows on from encouraging initial exploration in 2008 and first drill results are expected to be announced by May or June. The company holds a 70 per cent interest in the project and has an option to buyout its partner by paying $1m (0.6m) in cash and shares plus a 3 per cent royalty on future production.
Mariana is also progressing with its wholly-owned flagship project, Las Calandrias, in Santa Cruz. After drilling in late 2009 made the Calandria Sur gold-silver discovery, follow-up drilling in 2010 at Calandria Sur, Calandria Norte and El Nido Est confirmed wide intersections of gold and silver mineralisation. Further drilling has continued at Las Calandrias with the aim of publishing a maiden resource estimate by the end of April.
The company's application to dual-list its shares on the Toronto Stock Exchange is currently being considered by the Canadian listings committee.
grevis2
- 19 Apr 2011 09:09
- 107 of 154
07:Tuesday 19 April, 2011
Mariana Resources Ltd
High Grade Gold and Silver Mineralisation - Sierra Blanca Project, Southern
Argentina
Mariana Resources Ltd ('Mariana' or 'the Company') the AIM quoted exploration
and development company focused in Argentina and Chile, announces positive high
grade silver and gold results from the first six holes of its 4,000m 2011
drilling programme at its Sierra Blanca silver-gold project ('Sierra Blanca')
located in the Deseado Massif of the Santa Cruz Province, southern Argentina.
Overview
* Completed 2,200m of drilling over 15 drill holes at Sierra Blanca - assays
received for six holes totalling 650m
* High grade silver mineralisation intersected in twin hole CHD59 at Chala
Splay target in the eastern Veta Chala target area - 4.2m @ 420 g/t Ag and
1.2 g/t Au from 74.6m.
* Wide zones of manganese-carbonate-quartz-sulphide vein breccias discovered
at the Achen vein system (formerly Chala West) in the western sector of
1.4km Veta Chala target area
* Best Achen vein system intersection: 3m @ 9.5 g/t gold (Au) and 28 g/t
silver (Ag) within a broader zone of 28.7m @ 1.4 g/t Au and 11 g/t Ag from
85m in Hole CHD61
* Multiple zones of vein breccias up to 35m wide intersected in all Achen vein
system holes over a strike length of at least 450m and 130m below surface
(assays pending)
* Drill campaign expanded to 5,000m to test the full extent of silver and gold
mineralisation of the Veta Chala target area
John Horsburgh, Chairman of Mariana commented, "These initial results from what
is potentially a robust vein system at Achen with both high grade and broader
stockwork mineralisation are excellent and substantially upgrade the economic
potential of the Veta Chala target area. Additionally, bonanza grade silver
mineralisation of 4.2m @ 420 g/t Ag was intersected at the Chala Splay prospect
highlighting it as another prime target for follow up. Drilling will now focus
on depth and strike extensions of an essentially concealed vein system,
extending for at least 450m and open to the west under gravel cover plus testing
of other targets at our Sierra Blanca silver-gold project."
grevis2
- 18 May 2011 13:11
- 108 of 154
TSX debut still on the cards for Mariana Resources
Tue, 17/05/2011 - 16:30 | Fiona Bond
Mariana Resources (MARL) could make its debut on the Toronto Stock Exchange within the next month, after a delay caused it to miss its original date.
The gold, silver and copper explorer, which is already listed on London's Alternative Investment Market, told Interactive Investor it expects to receive conditional approval within the next one to two weeks, after which time it will take another fortnight to list.
The company had originally eyed up a late March/early April listing.
"There was a delay at the end of March which saw the process pushed back somewhat. However, we are looking at a listing within a four-week period," executive director Glen Parsons said.
The company, whose shares have tumbled over the past three months, admitted that the delay may have made investors nervous, but assured the market that "fundamentally there's been no change."
interesting comments ...
"It is these discoveries that continue to draw interest to the area, with the likes of fellow UK-listed explorers Minera IRL (MIRL) and Hochschild (HOC) both neighbours, and Mariana deems it likely that consolidation will occur going forward.
"The Deseado Massif, in the Santa Cruz province, is a world-class gold-silver mining province and there will certainly be a rise in consolidation activity, given that most of the land is now spoken for," chairman John Horsburgh said.
Mariana itself boasts 160,000 hectares land position in the Santa Cruz area, and said it is expecting major grassroots exploration in the third and final quarter of this year across Bozal and Tongoril I. "
grevis2
- 17 Jun 2011 09:59
- 109 of 154
Mariana Resources Ltd
Listing on Toronto Stock Exchange
MARIANA RESOURCES LIMITED
AIM and PLUS code: MARL
TSX code: MRY
17 June 2011
Trading on the TSX to start today
Mariana Resources Limited (AIM:MARL) ('Mariana' or 'the Company'), is pleased
to announce, further to its press release of June 7, 2011 regarding the dual
listing, its shares will commence trading on the Toronto Stock Exchange (TSX) at
the open of market today under the symbol MRY.
The company continues to trade on AIM and PLUS under the symbol MARL.
Andy
- 21 Sep 2011 16:41
- 110 of 154
The directors of Lonrho PLC (AIM: LONR), DiamondCorp (AIM: DCP), Amur Minerals (AIM: AMC) and Mariana Resources (AIM: MARL) will be presenting:
Wednesday the 28th September 2011, Chesterfield Mayfair Hotel, 35 Charles Street, Mayfair, W1J 5EB (Charles Suite)
FREE registration - http://www.proactiveinvestors.co.uk/register/event_details/122
The presentations will start at 6:00pm and finish at approx 8:00pm. After the presentations are complete the directors will also be available to take questions during a free canapand wine reception. Details on the presenting companies can be found below.
This event is suitable for the following: Sophisticated & private investors, private client brokers, fund managers, financial institutions, hedge funds, buy & sell side analysts and journalists.
The event is not suitable for people pursuing commercial opportunities.
hlyeo98
- 23 Sep 2011 19:21
- 111 of 154
Going back to 5p.
grevis2
- 04 Jan 2012 10:51
- 112 of 154
The Guardian-Our share tips for 2012...
Nick Fletcher
Aim listing mining group Mariana Resources has a number of gold and silver projects in Argentina and Chile, and recent drilling results from its Sierra Blanca site have been encouraging. AngloGold Ashanti recently showed confidence in Mariana by paying 12p a share to take a 19.9% interest, with the cash helping to fund the company's drilling programme for the next 12 months or so. This news prompted analysts at Fox Davies to put a 22p target on the shares, currently 10p. There is plenty of scope for consolidation among mining companies in the region, and in the long term Mariana may look at selling some of its projects, seek further partnerships with major mining groups or agree to a takeover.
http://www.guardian.co.uk/business/2011/dec/27/share-tips-for-2012
grevis2
- 18 Jan 2012 09:16
- 113 of 154
MARIANA RESOURCES LIMITED
Mariana signs option to acquire the El Aguila Gold-silver Project, Santa Cruz, Argentina
Mariana Resources Ltd ('Mariana' or 'the Company'), the AIM and TSX quoted exploration and development company in Argentina and Chile, is pleased to announce that it has signed an option to acquire from Argentinean private company Winki SA ('Winki'), the 9,124 Ha El Aguila gold-silver project ('El Aguila') adjacent to Mariana's 25,000 Ha Picadero Project in the Deseado Massif of Southern Argentina.
Overview
The combined 34,000Ha Aguila-Picadero Project is 60km south of Mariana's Las Calandrias and 50km west of Extorre Gold Mines Limited's ("Extorre") Cerro Moro gold-silver discoveries
El Aguila comprises a 13.5sq.km. target area of low sulphidation-style epithermal gold-silver mineralisation as quartz veins, hydrothermal breccias and disseminations associated with silicified structures and rhyolite domes
The target area has widespread zones of strongly anomalous to high-grade gold and silver at surface with 5.5% of rock chips assaying from 5 g/t to174.6 g/t gold ("Au")
Limited previous exploration by Newcrest Mining Ltd ("Newcrest") (1990s) and Coeur d'Alene Mines Corporation ("Coeur") (2006-9) discovered significant gold and silver ("Ag") mineralisation at Aguila Main and Aguila Sur prospects
Drill intersections included:
22m @ 0.94 g/t Au and 29 g/t Ag from 92m (CRC1 - Aguila Main)
0.9m @ 19.6 g/t Au and 41 g/t Ag from 299m (DDA42 - Aguila Main)
0.6m @ 40.5 g/t Au and 107 g/t Ag from 48.7m (DDA08 - Aguila Sur)
1.7m @ 9.0 g/t Au and 51 g/t Ag from 45.9m (DDA25 - Aguila Sur)
Mariana's adjacent Picadero Project contains a cumulative 12.5 km of quartz veins with rock chip assays up to 6.1 g/t Au and 143 g/t Ag
Mapping, channel sampling, geophysics and a minimum 3,000m of drilling are planned for Q3, 2012
Option terms include up to 5 years with US$3.14M total option payments and a maximum US$2.4M buyout at any time