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An update from Marmota Limited ( (AU:MEU) ) is now available.
Marmota reported further strong assay results from its maiden drilling program at the Greenewood gold discovery within the Gawler Gold Project in South Australia. The latest batch of results includes multiple thick, high‑grade gold intersections, supporting the view that Greenewood hosts a nearly continuous mineralised system that remains open in all directions.
The company’s deeper Stage 2 drilling has also uncovered thick, rich gold zones along strike to the north‑east in an area previously considered barren by former owners. These results are expected to be incorporated into Marmota’s upcoming Gawler Gold scoping study and could materially enhance the project’s scale, continuity, and strategic significance for shareholders and the broader Gawler gold sector.
More about Marmota Limited
Marmota Limited is an Australian mineral exploration company focused on gold projects in South Australia’s Gawler Craton. The company is advancing its Gawler Gold Project, targeting high-grade, near-surface gold mineralisation with the potential to define a significant new gold resource in a historically important mining region.
Average Trading Volume: 2,527,121
Technical Sentiment Signal: Buy
Current Market Cap: A$142.1M
For a thorough assessment of MEU stock, go to TipRanks’ Stock Analysis page.