MariEnergies Discovers Copper-Gold Mineralization in Balochistan’s Chagai District

Pakistan’s Mineral Potential Gets Major Boost as MariEnergies Discovers Copper-Gold Deposits in Chagai

The East Siah Diq discovery near Reko Diq follows 25,000 metres of exploration drilling, with further work planned to assess its resource potential.

ISLAMABAD, November 13, 2026: Mari Energies Limited has announced a significant copper-gold discovery at its East Siah Diq (ESD-1) exploration target in Balochistan’s Chagai district, marking a major development in Pakistan’s mineral exploration sector.

The discovery was announced by Mari Energies Managing Director and CEO Faheem Haider at the Pakistan Mineral Investment Forum 2026. The exploration work was conducted through the company’s wholly owned subsidiary, Mari Minerals (Private) Limited (MariMinerals).

The East Siah Diq target is located approximately 50 kilometres east of the Reko Diq copper-gold mine development project and 25 kilometres northwest of Nokkundi in the Koh-i-Sultan area.

According to the company, approximately 25,000 metres of exploration drilling have been completed in two phases, with drill holes reaching depths of up to 500 metres. The results have identified porphyry-style copper mineralization beneath approximately 100 metres of overburden, covering an area of around 1.4 square kilometres.

Speaking at the forum, Faheem Haider described the discovery as an important milestone in the company’s minerals exploration programme, expressing confidence in the geological potential of the Chagai region.

He said the company would now focus on advancing exploration and technical studies to determine the discovery’s scale and development potential while maintaining its commitment to responsible exploration and long-term value creation.

Results from the first drilling phase support the identification of a new porphyry copper discovery. Laboratory analysis of samples collected during the second phase is currently underway and is expected to be completed in the first quarter of 2027.

SGS Pakistan conducted sample preparation and assaying under an industry-standard quality assurance and quality control programme. The technical information was reviewed and approved by Dr. John Mortimer of JM Geoscience Pty Ltd, a Qualified Person under National Instrument 43-101.

The company indicated that mineralization could extend beyond the depths explored so far. The next phase is expected to involve deeper drilling of up to 1,000 metres, alongside additional exploration to determine the mineralized system’s lateral extent.

MariMinerals also plans to develop an initial geological model and resource estimate based on the results of the two completed drilling phases.

However, further drilling, geological interpretation, metallurgical testing, resource estimation and technical assessments will be necessary to establish the discovery’s overall size, grade continuity, economic significance and commercial development prospects.

The company clarified that the exploration findings announced so far do not constitute a Mineral Resource or Mineral Reserve.

MariMinerals will continue evaluating the East Siah Diq mineralized system and issue further updates as exploration progresses and additional laboratory results become available.

MariEnergies has also formally disclosed the discovery through a notice submitted to the Pakistan Stock Exchange, highlighting the development’s significance for the country’s mineral exploration industry.