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Marmota Ltd.

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Summary

Project:

Aurora Tank

Deposit:Aurora Tank
Location:Australia
Commodities:Gold
Date:11/14/2018
Report Code:JORC
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resources Definition
Report details:14-11-2018: Marmota Ltd. announces an Exploration/Drilling Update report for its Aurora Tank deposit at the Aurora Tank project. Drilling results incl. 4.0m @ 72g/t Au from 36m. Marmota (ASX:MEU) is very pleased to announce that the September drilling pro
Resources:x
CP/QP:[Overall Report]: Kevin Wills (Not stated)
ABSTRACT:Marmota (ASX:MEU) is very pleased to announce that the September drilling program at Aurora Tank has yielded Marmota’s best ever gold drilling intersection of 4m @ 72 g/t gold (36m from surface). § The new outstanding intersection (Hole 18ATRC104) is located in a zone some 200m to the west of the previous best intersection of 4m @ 40 g/t [ Hole 17AT021 ASX:MEU 2 Aug 2017 ] (see Fig. 1), and is open in a number of directions. The result of 72g/t over 4 metres was measured by fire assay, and re-tested as 76 g/t over 4 metres by the aqua regia technique. It is accompanied by elevated arsenic, which is considered to be a pathfinder for primary gold. § Tree sampling: Marmota was partly guided to this location by a new innovative biogeochem (tree sampling) program – see page 5 below. § New zone of gold mineralisation The program also included a small number of reconnaissance holes which has led to the discovery of gold anomalism approximately 500m to the north of the Goshawk zone of mineralisation (page 6).

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