Mari Mining Company (MMC), a subsidiary fully owned by Mari Petroleum Company Limited (MPCL), has secured two exploration licenses, EL-322 and EL-323, from the Directorate General Mines & Minerals Balochistan. These licenses cover expansive areas totaling 1013.79 square kilometers in District Chagai, Pakistan.
This milestone was recently disclosed to the Pakistan Stock Exchange (PSX) as part of MPCL’s strategic initiative to bolster the country’s mineral mining sector. MMC’s acquisition of these licenses underscores its commitment to expanding its mining project portfolio and contributing significantly to Pakistan’s industrial capabilities.
The issuance of these licenses represents a pivotal advancement for MMC, highlighting its dedication to advancing the mining industry in Pakistan. The company’s objective is to identify and exploit valuable mineral resources, thereby fostering economic growth and supporting national development goals.
With these new exploration projects underway, MMC anticipates uncovering substantial mineral reserves that will not only enhance its project base but also positively impact the local and national economies. This endeavor aligns with Pakistan’s aspirations to effectively harness its abundant mineral wealth for sustainable development.
MMC looks forward to the potential discoveries that these licenses will facilitate, aiming to play a crucial role in the extraction and utilization of Pakistan’s rich mineral resources.