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Marmota Completes Maiden Drilling at Greenewood Gold Discovery

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Marmota Completes Maiden Drilling at Greenewood Gold Discovery

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Marmota Limited ( (AU:MEU) ) has provided an announcement.

Marmota Limited has successfully completed its maiden drilling program at the Greenewood gold discovery, marking a significant milestone in its exploration efforts. The program involved 146 reverse circulation drill holes totaling 15,480 meters, with samples now being prepared for laboratory testing in Adelaide. The results, expected in early October, could have implications for Marmota’s operational strategy and industry positioning, potentially impacting stakeholders by enhancing the company’s resource base and exploration credibility.

More about Marmota Limited

Marmota Limited is a company operating in the mining industry, focusing primarily on gold exploration and discovery. The company is engaged in identifying and developing mineral resources, with a market focus on expanding its gold exploration projects.

Average Trading Volume: 1,019,051

Technical Sentiment Signal: Sell

Current Market Cap: A$44.78M

See more data about MEU stock on TipRanks’ Stock Analysis page.

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