Marmota Ltd
Marmota Limited is an Australia-based mining exploration company.
The business
Marmota Limited is an Australia-based mining exploration company. The Company is focused on gold, titanium, and uranium. Gold exploration is centered on the Company's gold discovery at Aurora Tank that is yielding outstanding intersections in the highly prospective and significantly underexplored Gawler Craton in the Woomera Prohibited Defense Area. Its flagship uranium resource is at Junction Dam adjacent to the Honeymoon mine. Its Gawler Craton gold project comprises seven adjacent gold deposits, including Marmota’s flagship Aurora Tank gold discovery, Campfire Bore, Golf Bore, Greenewood and Mainwood. Aurora Tank is the Company's flagship gold project, located 100km SW of Coober Pedy. Its new Titanium discovery at Muckanippie features bonanza Heavy Mineral (HM) concentrations and intercept thicknesses, starting from the surface, hosted in mineral sands.
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Latest news
Marmota Delivers Wide Bonanza-Grade Gold Intercepts at Greenewood Project
Marmota hits bonanza-grade gold at Greenewood: 44m @2.3 g/t incl. 4m @16 g/t; open along strike, RC program in March to expand discovery.
Marmota Raises $15 Million to Accelerate Gawler Gold Strategy
Marmota (MEU) raises $15m to accelerate Gawler gold project; 111,111,111 new shares at 13.5c, ~12% to VWAP, settlement Feb 17, fueling Mainwood drilling.
Marmota Completes Stage 2 Drilling at Greenewood Gold Discovery
Marmota (ASX: MEU) has successfully completed Stage 2 of its maiden drilling program at the Greenewood gold discovery in South Australia's Gawler Craton, after expanding the program beyond the original plans.
Marmota Confirms Spectacular Bonanza-Grade Assays Across Nearly 1km at Greenewood
Marmota (ASX: MEU) has reported final assays from its maiden Greenewood drilling program that confirm multiple bonanza grades close to surface and outline a high-grade mineralised system extending for almost 900 metres along strike.
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