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The latest announcement is out from Marmota Limited ( (AU:MEU) ).
Marmota Limited announced exceptional results from its maiden drilling program at the Greenewood gold discovery, located 35km from its flagship Aurora Tank. The second batch of assay results revealed bonanza gold grades, with the highest 4m intersection recorded at 43 g/t gold. This discovery has delineated a nearly continuous high-grade zone extending over 900m, significantly enhancing Marmota’s operational prospects and industry positioning.
More about Marmota Limited
Marmota Limited is a company operating in the gold mining industry, focusing on exploration and development of gold deposits. Its primary market focus is on the Gawler Craton region in South Australia, where it has several gold projects, including the flagship Aurora Tank discovery.
Average Trading Volume: 1,244,873
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$61.27M
Find detailed analytics on MEU stock on TipRanks’ Stock Analysis page.