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EPIC: MARL
Market: AIM:MARL
TSX-V:MARL
52-week High/Low: 83.50p / 12.00p
Sector: General Mining - Gold
Market Cap: 87.46M
Phone: +61 2 9437 4588
Address: Granite House, La Grande Rue, St Martin, Guernsey GY1 3RS.
Website: www.marianaresources.com
Mariana Resources Ltd.

Mariana Resources Ltd.

Mariana Resources Ltd is an AIM & TSX-V quoted exploration & development company with a diversified, highly prospective portfolio of gold, silver & copper projects in Turkey & South America

November 18 2016 - interview by Corey Fleck with Glen Parson's from The Korelin Report - to listen please click here

Mariana Resources Ltd.

www.marianaresources.com

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Mariana Resources Ltd. Snapshot

Mariana’s objective is Discovery driven – leveraging Mariana’s expertise and  exploration capital to advance a diversified portfolio of highly prospective projects up the value curve.

THE STRATEGY

Accumulate & advance a portfolio of potential company maker assets over a defined timeline.
By applying financial & geologically disciplined expertise in advancing its assets close to feasibility to crystallise & return value to shareholders.
In order to achieve this, the Company has a highly experienced management team with a successful track record in discovery through to resource development.

MARIANA’S CURRENT FOCUS

Gold, Copper & Silver with a strategic focus on asset scale, prospectivity & economic potential in mining friendly jurisdictions.

Areas of focus:

Turkey – Hot Maden  and Ergama

Côte d’Ivoire - Bondoukou

Argentina – Las Calandrias, Los Cisnes , Bozal and Sierra Blanca


Peru – Soledad and Rurimarac


Suriname – Nassau Gold


Chile – Dona Ines and Exploradora East

 
 
 
HOT MADEN GOLD-COPPER PROJECT – NEW
 
Hot Maden Resource and Commentary April 2016
http://www.marianaresources.com/video-audio
 
HIGHLIGHTS

The Hot Maden project is located 1,050 km E of Istanbul and 130 km NE of Erzurum in north-eastern Turkey, and consists of 4 licences (1 operating and 3 exploration) totalling 7,394 Ha (73 square kilometres).
A highly successful 2015 drill campaign led to the release on August 18 of a maiden Mineral Resource Estimate for the high-grade gold-copper mineralisation at Hot Maden. The Mineral Resource Estimate was prepared by independent mining consultants RungePincockMinarco (“RPM”), and was based on assay results received for drill holes up to, and including, HTD17, which was completed on June 25. The total maiden Mineral Resource Estimate comprises:

Turkey‐Hot Maden Gold Copper Project NI43‐101 Lodged on SEDAR 

Indicated (100% basis): 2.79 Million Oz Gold + 166,000 Tonnes Cu (3.43 Million Oz Au equivalent**) 

Inferred (100% basis): 375,000 Oz Gold + 17,000 Tonnes Cu (439,000 Oz Gold Equivalent**), and Zinc Zone‐ Indicated (100% basis): 11,600 Tonnes Zinc

Inferred (100% basis): 114,000 Tonnes Zinc

 Mariana Resources Ltd (‘Mariana’ or ‘the Company’), the AIM and TSXV listed exploration and development company with projects in Turkey and South America, announces it has filed on SEDAR the National Instrument 43‐101 – Hot Maden Gold Copper Project Resource

Update Technical Report, dated September 7, 2016, along with all required consents and can be accessed via the link below: 

Link : http://media.wix.com/ugd/dcdadf_e0b314bd462d49e985a750bf2ff3e612.pdf


The Resource Estimate in the report, as previously announced on the 25th July 2016, paves the way for the completion of the Preliminary Economic Assessment currently in progress
with an anticipated completion date of around October 2016.

The July 2016 Mineral Resource Estimate in the applicable zones comprises: 

Hot Maden Gold‐Copper Project Update

 
 
Argentina Overview:
 
 
 
Côte d’Ivoire Overview:
 
 
 
Chile Overview:
 

Turkey Overview: 

Ergama 

 

 

NON EXECUTIVE CHAIRMAN

John Horsburgh (Age 70) BSc, ARSM, MSc, DIC, FAusIMM, FSEG
John Horsburgh, a graduate of the Royal School of Mines, Imperial College, London is a geologist with more than 40 years experience in exploration, project development and company management. He was a co-founder of Solomon Pacific Resources NL which achieved success with the discovery and development of the Brocks Creek gold mine in the Northern Territory in Australia. As Executive Chairman he was involved in the acquisition, exploration and financing of the project. Prior to this, he was Exploration Manager for SE Australia with Getty Oil Development (minerals division). Before Getty, John gained extensive exploration experience with Billiton and the RTZ Group in Australia, South America and Europe. He has been involved in a number of lead-zinc and gold discoveries in Queensland, New South Wales and Western Australia. He is a director and a co-founder of Cullen Resources Ltd which is a partner in the Mt Stuart Joint Venture, a new iron ore development project in the West Pilbara, Western Australia.

CHIEF EXECUTIVE OFFICER

Glen Parsons (Age 50) CASA, B Com Economics
Glen Parsons has over 20 years international experience in corporate finance, treasury, operational and general management. The most recent role was as Chief Financial Officer and Corporate Development of Neptune Minerals Plc. He has built new profitable businesses and divisions within both large and small organisations. Glen was an executive director of RFC Corporate Finance Ltd, a specialist minerals resources investment bank and fund manager. Duties included corporate finance mandates which included mergers and acquisitions, strategic advice, mineral project assessment and capital raisings. He has specific LSE-AIM experience and has been involved with a number of successful equity and debt raisings for junior and developing mining companies. Glen is a qualified Chartered Accountant with an Honours degree in Accounting Science and a Bachelor of Commerce degree in Economics.

EXECUTIVE DIRECTOR, CHIEF OPERATING OFFICER

Eric Roth (Age 49) PhD (Economic Geology University of Western Australia), FAusIMM
Eric Roth is Santiago based and was most-recently CEO of Aegean Metals Group inc., President & CEO and then Director of Extorre Gold Mines Ltd until Extorre was acquired by Yamana Gold Inc in June 2012. Prior to Extorre, Eric was engaged as a consultant on South American gold projects for Exeter Resource Corp. and Kinross Gold Corp. From January 2002 to March 2008, he was employed by AngloGold Ashanti Ltd, initially as the Lima-based Peru Project and South American Opportunities Manager and subsequently as the Johannesburg-based Global Head of Greenfields Exploration. He is also principal of consulting firm ER Global Consulting SA.

NON EXECUTIVE DIRECTOR

John Allen Goodwin (Age 71) CASA B Com Economics
John Allen Goodwin has over 40 years international experience in Corporate Finance, Investment Banking, operational and general management. John’s most recent role was as Managing Director of the Group Holding Company United International Enterprises Ltd (UIE), which owns 46% of Danish and Malaysian listed United Plantations Berhad. He remains on the board of UIE as a non executive director and consultant. He has held directorships at a number of companies including Danish listed, United Plantations Africa Ltd, UK based International Building Systems Ltd, and from 2004-2009, he was Chairman of AIM listed Neptune Holdings. John qualified from Cape Town University with an economics degree and subsequently gained admission to the South African Institute of Chartered Accountants in 1968.

NON EXECUTIVE DIRECTOR

Mustafa Aksoy (Age 39) MBA
Mustafa Aksoy has close to 20 years working experience in Banking, Corporate Finance, M&A, Business Development and Management. Having worked in two Turkish banks as an auditor, Mustafa joined Çalık Holding in 2004 and worked in various business lines of the Group. Since 2010 he has been a Board Member and the Managing Director of Lidya Mining. Under his watch, the Company emerged as one of the best performing development teams in Turkey with multiple significant discoveries.  He oversees the transition of Lidya from being an investor to operator of multiple mines. Mustafa studied Public Administration in Turkey and holds MBA from Antwerp University in Belgium.

NON EXECUTIVE DIRECTOR

Ron Ho (Age 38) CPA, CA, CFA
Ron Ho has been with Sandstorm Gold for the past 7 years, focused on structuring mine financing transactions and corporate development.  Prior to Sandstorm, he served as the Chief Financial Officer for SNS Silver Corporation, where he contributed to equity capital raises and project evaluation and development and was an Equity Analyst at Raymond James Ltd. where he was responsible for sector institutional research. Mr. Ho began his career at Deloitte & Touche, focusing on public company financial reporting in both the U.S. and Canada. Mr. Ho is a Chartered Accountant, holds the designation of Chartered Financial Analyst charter holder and received a Bachelor of Commerce from the University of British Columbia.

SENIOR MANAGEMENT

Glen Parsons (Age 50) CASA, B Com Economics – Chief Executive Officer
Glen Parsons has over 20 years international experience in corporate finance, treasury, operational and general management. The most recent role was as Chief Financial Officer and Corporate Development of Neptune Minerals Plc. He has built new profitable businesses and divisions within both large and small organizations. Glen was an executive director of RFC Corporate Finance Ltd, a specialist minerals resources investment bank and fund manager. Duties included corporate finance mandates which included mergers and acquisitions, strategic advice, mineral project assessment and capital raisings. He has specific LSE-AIM experience and has been involved with a number of successful equity and debt raisings for junior and developing mining companies. Glen is a qualified Chartered Accountant with an Honours degree in Accounting Science and a Bachelor of Commerce degree in Economics.

Eric Roth (Age 49) PhD (Economic Geology University of Western Australia), FAusIMM – Executive Director, Chief Operating Officer
Eric Roth is Santiago based and was most-recently CEO of Aegean Metals Group inc., President & CEO and then Director of Extorre Gold Mines Ltd until Extorre was acquired by Yamana Gold Inc in June 2012. Prior to Extorre, Eric was engaged as a consultant on South American gold projects for Exeter Resource Corp. and Kinross Gold Corp. From January 2002 to March 2008, he was employed by AngloGold Ashanti Ltd, initially as the Lima-based Peru Project and South American Opportunities Manager and subsequently as the Johannesburg-based Global Head of Greenfields Exploration. He is also principal of consulting firm ER Global Consulting SA.

Sharon Cooper (Age 43) CA, BA – Chief Financial Officer
Sharon is a Chartered Accountant with over ten years’ experience in accounting and auditing roles for mining and mining -related companies. Sharon began her career as an auditor at Ernst & Young, working on internal and external audits; and gained experience working on larger audits for major mining companies, as well as junior explorers and mining related companies. Sharon has taken on several group accounting and financial reporting roles for junior exploration companies and a mining services company since leaving Ernst & Young, and has been working as Finance Manager for Mariana Resources for the past two years.

Karen Davies - Head of Investor Relations
Karen Davies has been involved in the mining industry since 2002 with a focus on Senior Investor Relations and Corporate Communications roles. Karen has had extensive experience with a number of exploration and production companies listed on the TSX Venture Exchange including Fortuna Silver Mines Inc. and Rye Patch Gold Corp.  Before joining Mariana Resources, Karen led various marketing initiatives with public company management teams to assist with equity financing's, to secure coverage from all sectors of the investing community, and to implement internal procedures to ensure clear and effective communication to stakeholders.

 

 

 

 

Registered Office

Granite House
La Grande Rue, St Martin,
Guernsey GY1 3RS
tel: +61 2 9437 4588
fax: +61 2 9437 4599

Contacts

Glen Parsons
tel: +61 2 9437 4588
[email protected]

Eric Roth
[email protected]

Sydney Office

Level 1, Suite 102
3 Eden Street
North Sydney NSW 2060
Australia
tel: +61 2 9437 4588
fax: +61 2 9437 4599
[email protected]

Registered Office

Granite House
La Grande Rue, St Martin
Guernsey GY1 3RS
tel: +61 2 9437 4588
fax: +61 2 9437 4599

Website

www.marianaresources.com

Sydney Office

Level 1, Suite 102, 3 Eden Street
North Sydney NSW 2060
Australia
tel: +61 2 9437 4588
fax: +61 2 9437 4599
[email protected]

Lawyers

Watson, Farley & Williams LLP
15 Appold Street
London, EC2A 2HB
England

Gowlings
550 Burrard Street
Suite 2300, Bentall 5
Vancouver, British Columbia
V6C 2B5 Canada
tel: 604 683 6498
fax: 604 683 35589

Public Relations

Blytheweigh
4-5 Castle Court
London
EC3V 9DL
Tel: +44 (0) 20 7138 3204

Nominated Advisor (Nomad)

RFC Ambrian Limited
14th Floor, 19-31 Pitt St
Sydney NSW 2000
Australia
tel: +61 2 9250 0041

UK Brokers

Brandon Hill Capital Limited
1 Tudor Street
London EC4Y 0AH
Tel +44 (0)20 3463 5000

Registrars

Computershare Investor Services
(Guernsey) Limited
C/o Queensway House,
Hilgrove Street,
St Helier,
Jersey JE1 1ES
Channel Islands

 

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