# MMA: Australian Gold Conference 2026 Presentation Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/mma-australian-gold-conference-2026-presentation--94d49b0b-e32e-4636-9f96-b104767dc4ff Original source: https://www.asx.com.au/asx/v2/statistics/displayAnnouncement.do?display=pdf&idsId=03151985 Publisher: asx Original announcement: 2026-10-13T21:25:00.000Z Analysis by Minestarters Atlas Atlas analysis published: 2026-10-13T22:12:29.283Z Atlas analysis updated: 2026-10-13T22:12:29.283Z - Company: Maronan Metals Limited - Ticker: MMA - Exchange: ASX - Region: Queensland - Primary commodity: Silver - Secondary commodities: Lead, Copper, Gold - Document categories: Metallurgy, Capital raise, Other - Extracted: 2026-10-13 22:12:29 UTC Narrative sentiment: 0.90 · Bullish ## Minestarters Atlas summary Maronan Metals Limited presented an investor update at the Australian Gold Conference, highlighting its Maronan Silver-Lead and Copper-Gold Project in Queensland. The company reported positive metallurgical testwork results for both lead-silver and copper-gold flotation, achieving high recoveries and concentrate grades. The presentation also emphasized a recent A$22 million strategic investment by Kinterra Capital, ongoing 40,000m drilling to support an updated Mineral Resource Estimate and Pre-Feasibility Study in H2 FY27, and compelling economics from a prior PEA. Reasoning: The presentation highlights a significant strategic investment, positive metallurgical results, and a clear plan for advancing the Maronan Project towards production, underpinned by a large existing resource. - Positive factor: Strategic investment by Kinterra Capital - Positive factor: Positive metallurgical testwork results - Positive factor: Clear development pathway to PFS and MRE update - Positive factor: Strong existing resource base - Negative factor: Reliance on historical resource estimates and PEA for economic projections - Negative factor: Metallurgical testwork is bench-scale only Low confidence — this extraction should be reviewed alongside the original source. Facts used in scoring: 5 ## Classification and evidence **Mill Route** Polarity: neutral Definition: Processing via mill or concentrator \(CIL, CIP, tank leach, flotation\). Why it applies: the document describes a flotation route \("flotation"\) ## Extracted facts Stored fact records: 5. Some facts used in scoring do not have a stored record. ## Metallurgical Results (5) ### flotation [Link to this fact](https://atlas-staging.minestarters.com/news/mma-australian-gold-conference-2026-presentation--94d49b0b-e32e-4636-9f96-b104767dc4ff#fact-metallurgical-facts-0) Maronan Project · lead #### Identity - Project: Maronan Project - Commodity: lead - Region: australia\_qld - Reported Region: Queensland - Ticker: MMA #### Test Work - Test Type: flotation - Processing Route: Lead Flotation #### Recovery - Recovery: 90 % - Recovery Basis: actual\_test - Conc. Grade: 70 - Conc. Grade Unit: % #### Lab - Laboratory: AMML Lab #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-10-13T00:00:00.000Z Reasoning: Lead flotation testwork achieved high recovery of over 90% and a high-grade concentrate of over 70% lead, indicating good processability, though the testwork is bench-scale. - Positive factor: High Recovery - Positive factor: Mill Route - Negative factor: Bench Scale Only Evidence · text > Pb Rec > 90 % ### flotation [Link to this fact](https://atlas-staging.minestarters.com/news/mma-australian-gold-conference-2026-presentation--94d49b0b-e32e-4636-9f96-b104767dc4ff#fact-metallurgical-facts-1) Maronan Project · silver #### Identity - Project: Maronan Project - Commodity: silver - Region: australia\_qld - Reported Region: Queensland - Ticker: MMA #### Test Work - Test Type: flotation - Processing Route: Lead Flotation #### Recovery - Recovery: 90 % - Recovery Basis: actual\_test - Conc. Grade: 1500 - Conc. Grade Unit: g/t #### Lab - Laboratory: AMML Lab #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-10-13T00:00:00.000Z Reasoning: Silver recovery from lead flotation testwork achieved over 90% with a high-grade concentrate of over 1,500 g/t silver, indicating good processability, though the testwork is bench-scale. - Positive factor: High Recovery - Positive factor: Mill Route - Negative factor: Bench Scale Only Evidence · text > Ag Rec > 90 % ### flotation [Link to this fact](https://atlas-staging.minestarters.com/news/mma-australian-gold-conference-2026-presentation--94d49b0b-e32e-4636-9f96-b104767dc4ff#fact-metallurgical-facts-2) Maronan Project · copper #### Identity - Project: Maronan Project - Commodity: copper - Region: australia\_qld - Reported Region: Queensland - Ticker: MMA #### Test Work - Test Type: flotation - Processing Route: Copper Flotation #### Recovery - Recovery: 90 % - Recovery Basis: actual\_test - Conc. Grade: 23 - Conc. Grade Unit: % #### Lab - Laboratory: AMML Lab #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-10-13T00:00:00.000Z Reasoning: Copper flotation testwork achieved high recovery of over 90% and a concentrate grade of 23-27% copper, indicating good processability, though the testwork is bench-scale. - Positive factor: High Recovery - Positive factor: Mill Route - Negative factor: Bench Scale Only Evidence · text > Cu Rec > 90% ### flotation [Link to this fact](https://atlas-staging.minestarters.com/news/mma-australian-gold-conference-2026-presentation--94d49b0b-e32e-4636-9f96-b104767dc4ff#fact-metallurgical-facts-3) Maronan Project · gold #### Identity - Project: Maronan Project - Commodity: gold - Region: australia\_qld - Reported Region: Queensland - Ticker: MMA #### Test Work - Test Type: flotation - Processing Route: Copper Flotation #### Recovery - Recovery: 80 % - Recovery Basis: actual\_test - Conc. Grade: 10 - Conc. Grade Unit: g/t #### Lab - Laboratory: AMML Lab #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-10-13T00:00:00.000Z Reasoning: Gold recovery from copper flotation testwork achieved 80-88% with a concentrate grade of 10-15 g/t gold, showing improvement over prior results and good processability, though the testwork is bench-scale. - Positive factor: High Recovery - Positive factor: Mill Route - Positive factor: Recovery Improving - Negative factor: Bench Scale Only Evidence · text > Au Rec 80 – 88 % Rec ### Fact 5 [Link to this fact](https://atlas-staging.minestarters.com/news/mma-australian-gold-conference-2026-presentation--94d49b0b-e32e-4636-9f96-b104767dc4ff#fact-metallurgical-facts-4) Maronan Project #### Identity - Project: Maronan Project - Region: australia\_qld - Reported Region: Queensland - Ticker: MMA #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-10-13T00:00:00.000Z Reasoning: Kinterra Capital's A$22 million strategic equity placement for a 19.99% stake provides significant capital and institutional validation for the Maronan Project. - Positive factor: Strategic Investment - Positive factor: Significant Capital Injection - Positive factor: Institutional Validation Evidence · text > A US$1.5B North American fund committed A$22M for a 19.99% stake, with board representation ## How Atlas produces this analysis Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.