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Marmota Ltd.

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Summary

Project:

Aurora Tank

Deposit:Goshawk
Location:Australia
Commodities:Gold
Date:6/4/2018
Report Code:JORC
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resources Definition
Report details:4-6-2018: Marmota Ltd. announces an Exploration/Drilling Update report for its Goshawk deposit at the Aurora Tank project. Drilling results incl. 12.0m @ 8.6g/t Au from 40m. Marmota is very pleased to announce that the 2018 April/May RC drilling program a
Resources:x
CP/QP:[Overall Report]: Kevin Wills (Not stated)
ABSTRACT:Marmota is very pleased to announce that the 2018 April/May RC drilling program at Aurora Tank (Goshawk Prospect) has achieved success on 3 different level Yielding excellent high grade gold intersections, close to surface, including 4m at 23 g/t gold from 44m (18RC74) (12m at 8.6 g/t from 40m); 4m at 8.5 g/t gold from 32m (18RC65), 4m at 6.9 g/t gold from 32m (18RC69), 4m at 6.9 g/t gold from 36m (18RC55) …, further extending the excellent results from 2017. For the first time, Marmota has also now intersected gold mineralisation at depth at Aurora Tank. Of the eight holes tested with depths of 100m (or more), 4 of the 8 holes intersected gold mineralisation greater than 1g/t over 4m composites, at approximately 80–100m depth. This also has the potential to increase the dimension and scope of the Aurora Tank discovery.

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