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Marmota Ltd.
Summary
| Project: | Aurora Tank | |
|---|---|---|
| Deposit: | Aurora Tank | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 5/7/2019 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 7-5-2019: Marmota Ltd. announces an Exploration/Drilling Update report for its Aurora Tank deposit at the Aurora Tank project. Old drillholes, new assay results incl. 1.0m @ 105g/t Au from 38m. New samples collected from Aurora Tank for QA/QC verification | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Kevin Wills (Not stated) | |
| ABSTRACT: | New samples collected from Aurora Tank for QA/QC verification have confirmed the previous 1m outstanding grade of 88g/t (at 38m from surface), with new samples yielding grades up to 150 g/t, and increasing the average grade to 105g/t. ! On 17 January 2019, Marmota (ASX:MEU) announced detailed 1m assay drilling results at Aurora Tank, featuring a new gold intersection of 1m @ 88 g/t (at 38m from surface) in Hole 18ATRC104, and averaging 24 g/t gold over 5m (commencing 38m from surface) [ ASX:MEU 17 Jan 2019 ]. That intercept of 24 g/t over 5m has recently been featured in the ‘Top Drill Intersections per State – Australia – Q1 2019’ published by the RSC Mineral Intelligence Report (May 2019): see Figure 1 below (p.9 of the RSC Report). ! As part of our QA/QC process, to confirm the reliability of outstanding intercepts, and to provide a measure of the variability of grade over the same interval from new samples | |
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