Stockhead’s Sarah Hughan sits down with Maronan Metals (ASX:MMA) managing director Richard Carlton to get the short end of the long story on the company’s latest news.

The explorer has secured $5.65m via a share placement for its namesake deposit in Queensland, encompassing copper-gold and silver-lead.

With the price of silver bursting beyond $US30 per troy ounce on the spot market and Australia accounting for about 24% of the world’s silver production, Maronan is seeing significant interest.

Tune in to hear Maronan Metals’ Richard Carlton on how the funds will be spent, appetite seen in the silver market, and more.