Mari Energies announces major copper-gold discovery in Balochistan's Chagai district

Mari Energies has reported copper and gold mineralisation at its East Siah Diq target in Chagai, Balochistan, after drilling about 25,000 metres through its subsidiary Mari Minerals. In a Friday disclosure to the Pakistan Stock Exchange, the company described mineralisation over roughly 1.4 square kilometres, with copper levels as high as 0.50% in the initial tests. The site lies about 50 kilometres east of the Reko Diq development project.

Among Phase 1A findings, drill hole ESD-1-DD-017 showed 0.50% copper across an interval of 400.25 metres, with gold measured at 0.11 grams per tonne. Results from the second drilling phase are being analysed and are due in the first quarter of 2027; further work is planned to test depths of up to 1,000 metres. Mari Energies stressed that the discovery is still being explored, and that the results do not establish a mineral resource or reserve.