Mari Minerals reports copper and gold find in Chagai
Company tells the Pakistan Stock Exchange its subsidiary drilled 25,000 metres at a site 50 km east of Reko Diq, with assay results due in early 2027.
Mari Energies said its subsidiary Mari Minerals has found copper and gold mineralisation in Chagai district, Balochistan, in a disclosure to the Pakistan Stock Exchange that places the site about 50 kilometres east of the Reko Diq project.
The letter to the exchange, reported by Aaj News and Express News, says Mari Minerals completed 25,000 metres of drilling in two phases. Express News identified the site as East Siah Dik and reported that copper was traced to a depth of 500 metres. The mineralised zone covers about 1.4 square kilometres, according to the company.
Mari Energies said laboratory results from samples taken during the second phase are expected in the first quarter of 2027. It plans a further 1,000 metres of drilling to establish the deposit's size and grade, and the project's next stages will be decided after those results.
The disclosure gave no estimate of tonnage and no value for the find. Express News reported that further study is continuing to determine the size and economic significance of the deposit. All the figures in the announcement come from the company; neither outlet reported an independent assessment.
Aaj News put the deposits 50 kilometres away inside Chagai district, without naming the site or a reference point, and described the find as an important development for the country's mineral resources sector.
Mari Minerals is the subsidiary that carried out the exploration work in the area, according to the letter.
Reko Diq, the reference point used by Express News, is also in Chagai district.
How the reports differ
Aaj News put the deposits 50 kilometres away inside Chagai district without naming the site or a reference point, while Express News placed the find 50 kilometres east of the Reko Diq project and named it East Siah Dik. Express News alone reported that the 25,000 metres of drilling was completed in two phases and that copper was traced to a depth of 500 metres. Both carried the 1.4 square kilometre footprint, the first-quarter 2027 laboratory results and the plan for a further 1,000 metres of drilling.
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