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ASX:MRT

8 stories mentioning ASX:MRTUpdated 2d ago

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Asia

Maritana Minerals Starts Air-Core Drilling at Western Australia Prospect

Maritana Minerals (ASX:MRT) started a 4,000-meter air-core drilling program at the Wilsons prospect, located north of the Black Swan processing hub in Western Australia, according to a Friday filing with the Australian bourse.Drilling will test the geology and potential for gold mineralization beneath a gold-in-soil anomaly defined in 2024, with results expected to be reported between September and October, the filing said.

ASX:MRT
Asia

Maritana Minerals Advances Accommodation Strategy at Western Australia Processing Hub

Maritana Minerals (ASX:MRT) is progressing required approvals to implement its accommodation strategy for workers at its Black Swan processing hub in Western Australia, according to a Thursday Australian bourse filing.It procured kitchen and accommodation units from ATCO Structures & Logistics to build a 60-room permanent camp at Black Swan. The camp design is scalable to 120 rooms. It acquired a property in central Kalgoorlie with existing development approval for the construction of a 50-room camp and secured temporary accommodation to support ongoing resource drilling activities and the planned ramp-up of mining operations.It also engaged Quick Camps to provide a 57-room temporary camp at the hub, including kitchen and other amenities, to support development activities. The camp will be operational from August and remain on site for around 12 months.Worker accommodation will be allocated based on the location of operating sites across the life of the project.Its shares fell 1% in recent trading on Thursday.

ASX:MRT
Asia

Maritana Minerals Starts Early Works at Western Australia Project

Maritana Minerals (ASX:MRT) started the early works program at its Black Swan processing hub gold conversion project in Western Australia, according to a Monday filing with the Australian bourse.The company engaged GR Engineering Services (ASX:GNG) to deliver the program, which covers earthworks, demolition, detailed engineering, and long-lead equipment procurement, the filing said.Full construction is expected to begin in the third quarter of the year, and first gold is targeted in the second half of 2027, per the filing.

ASX:GNGASX:MRT
Asia

Maritana Minerals Begins Resource Conversion Drilling Across Four Western Australia Projects, Shares Fall 3%

Maritana Minerals (ASX:MRT) approved a major resource conversion drilling program totalling around 60,000 meters across the Boorara, Coote, Gordons Dam, and Crake projects in Western Australia, according to a Thursday Australian bourse filing.The program is designed to convert and upgrade existing mineral resources to indicated from inferred classification to support mine planning and an enhanced life-of-mine plan for the Black Swan Processing Hub.The first reverse circulation drilling rig commenced drilling at Boorara.Its shares fell 3% in recent trading on Thursday.

ASX:MRT
Asia

Maritana Minerals' Front-End Engineering Design Study Lifts Nameplate Capacity at Western Australia Project; Shares Hit Near Two-Year Low

Maritana Minerals' (ASX:MRT) front-end engineering design (FEED) study increased nameplate throughput at its Black Swan Processing Hub project in Western Australia to 2.5 million tonnes per year from 2.2 million tonnes, according to a Tuesday filing with the Australian bourse.The capital cost implications of the increase are being reviewed as part of the ongoing FEED process, the filing said.Construction is expected to start in the middle of the year, per the filing.Shares fell past 5% in midday trade Tuesday and earlier hit their lowest since December 2024.

ASX:MRT
Asia

Maritana Minerals Appoints COO

Maritana Minerals (ASX:MRT) appointed Elizabeth Jones as chief operating officer, effective Aug. 26, according to a Thursday Australian bourse filing.Jones most recently served as general manager of Ramelius Resources (ASX:RMS), the filing added.Maritana Minerals' shares fell around 1% in Thursday trading, while Ramelius Resources declined 3%.

ASX:MRTASX:RMS
Asia

Maritana Minerals Swaps Tenements With Accelerate Resources in Kanowna East-Balagundi Deal; Shares Up 3%

Maritana Minerals (ASX:MRT) has entered into a dual tenement transaction with Accelerate Resources (ASX:AX8), acquiring the Kanowna East tenure package while divesting its Balagundi tenure package, according to a Tuesday filing with the Australian bourse.The company will issue shares worth the greater of AU$200,000 or 133,333 shares to Accelerate Resources and pay a net cash balance of AU$60,000 after offsets between the parties, per the filing.It will also grant a 1% net smelter return royalty on acquired and divested tenements and a five-year right of first refusal for Balagundi toll treatment opportunities, the filing said.Completion is expected in the June quarter, and the acquired ground will be incorporated into the fiscal year 2027 exploration planning, the filing added.Maritana Minerals' shares rose 3% in recent Tuesday trade, while Accelerate Resources jumped 17%.

ASX:AX8ASX:MRT
Asia

Maritana Minerals Starts Phase Two Drilling at Western Australia Project

Maritana Minerals (ASX:MRT) started a second-phase drilling program at its Burbanks project in Western Australia, according to a Thursday filing with the Australian bourse.Drilling is designed to test and extend the inferred resource of the Burbanks Main and Birthday Gift lodes from the current depth of 250 meters to up to 450 meters below surface, the filing said.The company expects completion of an updated mineral resource estimate in the middle of the year, per the filing.

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