Maronan Metals Limited (ASX:MMA)

Richard Carlton
Market Cap (AUD): 24.38M
Sector: Materials
Last Trade (AUD): 0.325 +0 (+0%)
Tab Bar

1. About

Maronan Metals Limited (ASX:MMA) is identifying and securing prospective mineral tenements and undertaking exploration for and development of mineral resources.

As part of a corporate restructure by Red Metal Limited (ASX:RDM), ownership of the Maronan Project, was transferred to the Company. The Maronan Project is a lead-silver and copper-gold project located in Queensland, approximately 60 kilometres south-east of the town of Cloncurry and 156 kilometres from Mt Isa.

In March 2021, RDM announced its intention to undertake a partial spin out and initial public offering of the Company. Following completion of the Offer the Company will hold a 100% legal and beneficial interest in the Maronan Project.

2. Business model

3. Strategy

4. Markets

5. Competition

6. History

7. Team

8. Financials

9. Risk