For thousands of other reports visit RSC's Mineral Intellingence Map

Marmota Ltd.

opaxe

Summary

Project:

Goshawk

Deposit:Aurora tank
Location:Australia
Commodities:Gold
Date:5/23/2017
Report Code:JORC
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resources Definition
Report details:23-5-2017: Marmota Ltd. announces an Exploration/Drilling Update report for its Aurora tank deposit at the Goshawk project. Drilling results incl. 8m @ 3.6g/t Au from 32m. from the December 2016 drilling program at its 100%-owned Aurora Tank prospect. Ini
Resources:x
CP/QP:[Overall Report]: Kevin Wills (Not stated)
ABSTRACT:from the December 2016 drilling program at its 100%-owned Aurora Tank prospect. Initial 4m composite results were reported to the ASX on 1 February 2017. Details from the 1m split assays just received are described below. The number of intersections greater than 1 g/t gold has increased from 31 to 66. The mineralisation is consistently within 50m of surface. Aurora Tank (EL 5589) is situated about 50km NE of the Challenger Gold Mine [Figure 2] and is 100% owned by Marmota [ASX:MEU 4 July 2016]. Gold was first identified at Aurora Tank’s Goshawk gold prospect by historical calcrete sampling. In September 2016, Marmota commenced its first drilling program at Aurora Tank, at the Goshawk Gold Prospect, with the intention of fully defining geochemical dispersion from gold mineralisation. In December 2016, Marmota commenced its second drilling program at the Goshawk Gold Prospect. Marmota has now assayed all individual 1m samples from 4m intersections that assayed over 0.2 g/t gold.

Full Report

opaxe is a smart software platform that reconfigures and redistributes information and produces business insights to help mining professionals and investors make better decisions. We utilise technology and machine learning for data collection and human intelligence for the value-added services.

Full Report