Investify News Desk

Mari Energies reports copper-gold discovery across about 1.4 square km

Drilling at the Chagai target intersected porphyry copper-style mineralization beneath about 100 m of overburden. Phase 1B assays are expected in Q1 2027.

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Illustration: rock core samples with green and blue mineral traces in trays inside a field laboratory

At a glance

  • The ESD-1 target is in Chagai, Balochistan.
  • Mineralization extends across approximately 1.4 square km beneath about 100 m of overburden.
  • Phase 1B drill-hole assays are underway and expected to finish during Q1 2027.
  • Further work is required to determine the mineralization’s scale and economic significance.

Key facts

Discovery
New porphyry copper discovery
East Siah Diq (ESD-1) target
Mineralized area
Approximately 1.4 square km
Beneath approximately 100 m of unconsolidated overburden
Phase 1B assays
Expected during Q1 2027
Assaying is underway

Mari Energies Limited MARI reported a copper-gold discovery at the East Siah Diq (ESD-1) target in Chagai, Balochistan, on November 13, according to a filing with the Pakistan Stock Exchange. The discovery was made through its wholly owned subsidiary, Mari Minerals (Private) Limited.

Drill holes intersected porphyry copper-style mineralization beneath approximately 100 m of unconsolidated overburden, across an area of approximately 1.4 square km. Phase 1A assay intercepts cover the full length of intersected bedrock, with no cut-off grade applied.

The ESD-1 target is approximately 50 km east of the Reko Diq copper-gold mine development project and 25 km northwest of Nokkundi. Further drilling, geological interpretation, metallurgical test work, resource estimation and technical studies are required before the mineralization’s scale, grade continuity, economic significance and development potential can be determined. The exploration results are not indicative of a Mineral Resource or Mineral Reserve.

MAMARIPakistan Stock Exchange

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Sources

This story was produced by the Investify News Desk with automated tools and checked against the sources listed. Report an error: support@investify.pk. Editorial policy

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