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Marmota Limited ( (AU:MEU) ) has provided an announcement.
Marmota Limited has commenced drilling at its new Muckanippie Heavy Minerals Titanium discovery, which recently reported significant heavy mineral assays in every discovery hole. The drilling program consists of 89 planned shallow holes targeting surface-level titanium-bearing mineral sands, with completion expected in approximately nine days. This development may enhance Marmota’s operational capabilities and position in the mineral extraction sector.
More about Marmota Limited
Marmota Limited operates in the mining industry, focusing on the exploration and development of mineral resources. The company is involved in the discovery and extraction of heavy minerals, with a particular emphasis on titanium-bearing mineral sands.
YTD Price Performance: 47.50%
Average Trading Volume: 1,438,774
Technical Sentiment Consensus Rating: Sell
Current Market Cap: A$64.11M
See more data about MEU stock on TipRanks’ Stock Analysis page.