Mariana Resources Live Discussion

Live Discuss Polls Ratings

Cygnus_7 05 Jul 2016

Re: Hole 62 best to date! As I see it there are four major positives to this company at the moment.1) The continuing 'eye-watering' gold grades being reported.2) The soon to be reported, upgraded resource.3) The TSX listing - could be within the week.4) The rising pm price.In addition there are the following longer term positives:The PEA due in a few months time.The fact that many large mining companies will now be looking for new resources after a very long bear market (bidding war please!).The fact that the associated zinc and copper, (although not the primary resources and with current low prices), the high grades suggest these are positive assets which are not currently taken into account when assessing the value of the resource.The 'Russian mine' area is yet to be explored. Although clearly the best deposits must be expected to have been mined out a century ago, deposits which at the time were probably left in-situ due to being considered 'not worth the effort' are likely to be considered by today's standards as 'good'.All in all, we seem to be hitting a perfect storm in the best sense of the phrase. Although only a guess on my part, I can see these reaching over £1 in the not too distant future. Now all we need to be a proper high flyer is our own tr-oll like they have at Condor and Tullow! Then we really would know that we have arrived .....Cygnus 7

Franconia 05 Jul 2016

Re: Hole 62 best to date! PB, Yes, it is very, very exciting being a holder here now! Good times beckon for those witha little patience...

Pharma Brown 05 Jul 2016

Re: Hole 62 best to date! 32.1 grams per ton is about 1 troy ounce of gold per ton. Current gold price is $1354.75/oz, = £1038/oz. With a specific gravity for the breccia of around 2.6, that's 2.6 tons rock per cubic metre, = 2.6 oz gold worth $3522 (£2700) per cubic metre. And with hole length in excess of 90 metres..........then structural continuity with adjacent holes 25 metres away........etc etc......simply cannot wait for that PEA in September, which Glen tells us will include for the first time a net present value. As someone over on LSE commented recently, the PEA should 'Blow the door off' for share price and market cap of MARL.Sitting tight on my holding (held at 18.37p/share) for this once-in-a-lifetime investment opportunity to come to fruition!GLA

Fowlertheprowler 05 Jul 2016

Hole 62 best to date! 'spectacular...best hole to date 32.1 grammes per tonne gold' 'Exceptional grades time and time again on the in fill holes'Southern zone to become another resource area...And it goes on.....from the interviewEverything aligning for TSX listing and PEAPatience now required, will hold to it's soldNM

lmlom 05 Jul 2016

New BMR media interview [link]

Pharma Brown 05 Jul 2016

Re: Very good grades in new holes Thanks, folks, for posting here about today's news. It isn't showing on iii and likely I would have missed it: had to go to my share-dealer's research centre to read it. Great stuff!!

Simbrad 27 Jun 2016

Broker Northland note on research tree... "Mariana Resources has two major milestones on the horizon at its 30%-owned Hot Maden gold-copper project. The first will be the completion of the updated mineral resource estimate that is expected to see the mineral resource estimate increase beyond the 3moz Au eq. at an ultra-high grade of 11.2g/t Au eq. The second will be the preliminary economic assessment (PEA) that will give us the first impression of the projects economics and metrics."

Simbrad 02 Jun 2016

Northland's note from this morning. "2015 was a transformational year for Mariana Resources with the discovery of the ultra-high grade Hot Maden Gold-Copper project in Turkey. Since the discovery of Hot Maden, Mariana and joint venture partner Lidya have rapidly advanced the project to an initial compliant mineral resource estimate of 3moz Au eq. t a grade of 11.2g/t Au eq. This resource estimate looks set to grow this year with subsequent drill programmes continuing to extend the mineralised zones, and the discovery of the high-grade gold mineralisation to the south." From Research Tree

sallywoofs 01 Jun 2016

Heavy position in advance of expected pop from Dona Ines drill results promised by end of May, but will likely stay long most of the position if the move is dramatic.

sallywoofs 01 Jun 2016

MARL....ways to win continued: ...buy out; Hot Maden project moves ahead.

sallywoofs 01 Jun 2016

MARL..long...several ways to win: Assets and reserves get big time revision from Dona Ines; underlying gold prices rise;

sallywoofs 01 Jun 2016

...sorry chopped up: "I believe the Chilean drill results on Dona Ines will make significant contribution to MARL 2P reserves which are not in anybody's pro forma asset values."

sallywoofs 01 Jun 2016

ignificant contribution to 2P reserves, which are not in ANYBODY's pro forma calculations on asset values.

sallywoofs 01 Jun 2016

Hi Franconia, by no means do I disregard your calculations or due diligence. My own approach to reserve value on Mariana yield somewhat different reserve values but no matter. My main point on MARL as a speculation is that I believe the Chilean drill results on Dona Ines

sallywoofs 30 May 2016

RE: MARL...I am not a geologist but have reviewed the drill plans and assays on holes HTD 51,52, and 53. My conclusion is that there will a significant revision to the proven and probables held by Mariana in the Hot Maden project. We will not know until June but a 50% increase is likely. Hole 52 proves the extension of the main deposit, and Mariana is drilling an additional hole right know to see if the zone can be extended further downhole. The results will be included in the June revision. Holes 51 and 53 are shaping up to form another zone to the south of the main deposit. They are looking for something big there but haven't found it yet. But the big news that could come this week is from Dona Ines. I am pretty sure the drill results will be awfully good.