Mariana Resources Limited TSX Listing Approved
GUERNSEY, CHANNEL ISLANDS -- (Marketwire) -- 06/07/11 -- Mariana Resources Ltd ('Mariana' or 'the Company') (AIM: MARL) (PLUS: MARL), the AIM quoted exploration and development company focussed on Argentina and Chile, is pleased to announce it has received conditional acceptance and approval for the listing of its common shares on the Toronto Stock Exchange ('TSX'). Subject to fulfilling all of the requirements of the TSX and receiving final confirmation from the TSX, the Company anticipates that its shares will commence trading on the TSX on or around 17 June 2011.
Chairman John Horsburgh said today 'The dual TSX listing marks another strategic milestone in Mariana's corporate growth strategy and gives the Company wider access to the increased institutional and retail shareholder following in the North American markets.
Furthermore this provides an added advantage for our UK individual shareholders, as the Company will now be trading on a recognised exchange and should fall in the definition of an Individual Saving Account ('ISA') compliant investment opportunity.'
For further information please visit website at www.marianaresources.com or contact the following.
About Mariana Resources
Mariana Resources Ltd is an AIM quoted exploration and development company with an extensive portfolio of gold, silver and copper projects in Argentina and Chile. In southern Argentina, in addition to the Las Calandrias gold-silver discovery, the Company has the Sierra Blanca silver-gold prospect (70%); the Los Amigos joint venture (49%) with Hochschild Mining and a 160,000 Ha land package (100%) in the country. All of these projects are located in the Deseado Massif epithermal gold-silver district in mining-friendly Santa Cruz province of southern Argentina, which hosts four mines and several advanced projects.
In Chile, Mariana has a joint venture with US based international mining and natural resources company Cliffs Natural Resources Inc., to explore for Iron Oxide-Copper-Gold deposits ('IOCG') in a 92,000 km² area ('SCM Mariana Area') in north-central Chile along the highly prospective Atacama Fault Zone. The SCM Mariana Area includes the 44km² Buenaventura and 46km² Perro Chico IOCG projects. Mariana is also evaluating a number of gold-silver and copper-gold opportunities away from the Cliffs JV area, as part of a new initiative.
John Horsburgh
Chairman
Mariana Resources Ltd
+61 2 94374588
Glen Parsons
CFO
Mariana Resources Ltd
+61 2 94374588
Kathryn Witter
Mariana Resources Ltd (Vancouver Office)
+1 604 687 6644
Rob Adamson
RFC Corporate Finance Limited (Nomad)
+61 2 9250 0041
Will Souter
RFC Corporate Finance Limited (Nomad)
+61 2 9250 0050
Joe Lunn
Analyst
FinnCap (Broker)
+44 20 7600 1658
Matthew Robinson
FinnCap (Broker)
+44 20 7600 1658
Felicity Edwards
St Brides Media and Finance Ltd (PR)
+44 20 7236 1177
Hugo de Salis
St Brides Media and Finance Ltd (PR)
+44 20 7236 1177