Exploration / Development > Discovery

Hot Maden posts huge IRR

The highly anticipated preliminary economic assessment for Mariana Resources (LN:MARL) and 70% partner Lidya Mining’s Hot Maden project has smashed expectations out of the park.

Exploration / Development > Discovery

Hot Maden posts huge IRR

The highly anticipated preliminary economic assessment for Mariana Resources (LN:MARL) and 70% partner Lidya Mining’s Hot Maden project has smashed expectations out of the park.

Hot Maden posts huge IRR

Hot Maden has published a strong PEA

The copper and gold project in eastern Turkey has an estimated post-tax internal rate of return of 153%. Mariana said Hot Maden had a post-tax NPV (8% discount) of US$1.37 billion.