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Marmota Ltd.
Summary
| Project: | West Melton | |
|---|---|---|
| Deposit: | Champion | |
| Location: | Australia | |
| Commodities: | Copper | |
| Date: | 4/13/2017 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 13-4-2017: Marmota Ltd. announces an Exploration/Drilling Update report for its Champion deposit at the West Melton project. Drilling results incl. 10m @ 0.66% Cu, 76ppb Au from 65m. Marmota advises that the March – April drilling program at its 100% owne | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Kevin Wills (Not stated) | |
| ABSTRACT: | Marmota advises that the March – April drilling program at its 100% owned Champion Copper Prospect has returned multiple Cu intersections greater than 0.3% Cu, extending Cu mineralisation over 1km along strike and up to 300m wide [ see Fig. 1]. Assay results have been received for the 89 RC holes drilled at Champion in this programme. In February 2017, Marmota commenced RC drilling at Champion with the intention of extending mineralisation first identified in 2014 air-core drilling program. The 2017 drilling program consisted of 89 RC holes for 6,410 m and 2 diamond holes for 245m. Assays for all 2017 RC holes have been received. Exploration access to the Champion prospect is now finished until the end of the 2017 cropping season. With the completion of drilling at Melton, the focus for Marmota will now shift back to our gold programme, in particular Aurora Tank in the Gawler Craton, starting with the follow up drilling of significant high grade gold results received from the 2016 December drilling program | |
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