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Marmota Limited to Launch First Drilling Program at Greenewood Gold Site

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Marmota Limited to Launch First Drilling Program at Greenewood Gold Site

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

Marmota Limited is set to begin its inaugural drilling program at the Greenewood gold discovery, with plans to drill 127 holes totaling approximately 10,000 meters. The company has completed preparations and obtained all necessary permits, with drilling expected to start in about five days. This development marks a significant step in Marmota’s exploration efforts, potentially enhancing its position in the gold mining sector.

More about Marmota Limited

Marmota Limited is a company involved in the mining industry, focusing on the exploration and development of gold resources.

Average Trading Volume: 1,397,068

Technical Sentiment Signal: Sell

Current Market Cap: A$45.95M

Learn more about MEU stock on TipRanks’ Stock Analysis page.

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