Marmota Restricted transforms exploration in South Australia with a increasing gold pattern and a serious titanium sands discovery throughout its Gawler Craton holdings, positioned 100km southwest of Coober Pedy throughout the Woomera Prohibited Space.
Increasing Arc of Gold
An rising 150km curved pattern of gold occurrences and deposits stretches throughout the northern Gawler Craton challenge. This arc flanks a big gravity anomaly, highlighting a structural hall that hosts a number of prospects, together with the close by Challenger gold mine, which produced over a million ounces from 2002 to 2018.
Flagship Aurora Tank Challenge
Aurora Tank leads the gold belongings with constant high-grade, near-surface intersections. Metallurgical assessments verify suitability for low-cost heap leach processing, splendid for open-pit mining within the arid area. Consultants finalize a maiden JORC useful resource estimate to help feasibility research.
Greenewood Bonanza Discovery
The Greenewood prospect, throughout the 90%-owned Golden Moon JV, delivers standout outcomes, together with 1m at 109g/t gold from 26m and 95g/t from 22m. Intercepts function 33m at 10g/t from 22m, with mineralization open over a 900m strike from simply 17m depth. Current drilling totals 129 holes for 10,117m, informing useful resource and scoping efforts.
Supporting prospects like Campfire Bore, Mainwood, and Golf Bore prolong high-grade gold over 20km, sharing geology for potential satellite tv for pc operations.
West Gawler Gold Rights
Marmota holds 100% gold rights in West Gawler areas, together with Monsoon (600,000t at 0.8g/t for 17,000oz) and Hurricane (300,000t at 1.9g/t for 16,000oz), extending the arc southwest.
Titanium Sands at Muckanippie
Within the south-central tenements, palaeodrainages yield heavy mineral sands, with Muckanippie exhibiting 37m at 45% heavy minerals from 2m, together with 5m at 56% and a peak of 63%. The zone spans 3.2km by 1.8km in a 28km palaeochannel, close to transport infrastructure.
Uranium Potential at Junction Dam
The Junction Dam challenge, 50km west of Damaged Hill, hosts a historic JORC inferred useful resource of 5.4Mlb U3O8 at 557ppm at Saffron. An exploration goal estimates 22-33Mlb at 400-700ppm, together with adjoining Bridget and Yolanda prospects. Restarted exploration leverages rising uranium costs and proximity to Boss Power’s Honeymoon ISR challenge.
Strategic Advances
Current milestones embody titanium specialist Richard Stockwell and metallurgist Paul Richardson appointments, a $15M placement, and a scoping research for a 1Mtpa heap-leach gold challenge with over 7-year life. Marmota shifts towards multi-asset improvement, prioritizing Gawler gold and titanium amid robust drilling momentum.
