Marmota Limited is delivering world-class, near-surface gold results at its Gawler Gold Project, including 33m @ 10 g/t Au and 3m @ 72 g/t Au, with over 10,000 m of drilling recently completed and assays expected this February. Alongside these exceptional gold intersections, the company’s titanium and uranium projects provide additional high-quality exposure to multiple commodities and near-term growth catalysts.
Marmota Limited (ASX:MEU)
MEU
Lead Manager
Contact - Jake Grbavac
0474 484 982
jake@liquidity.com.au
Offer Price
A$0.135
per share
Offer Size
A$15,000,000
Offer Details
Issue Price (Per Share)
A$0.135
Discount
-8.00%
Offer Size
A$15,000,000
Shares Available
111,111,111
A$15m placement, with the ability to accept overs.
Discount
Offer Price: A$0.135 per share.
- Discount to last close price of A$0.155/sh: 12.9%
- Discount to 10 trading day VWAP of A$0.154/sh: 12.2%
- Discount to 15 trading day VWAP of A$0.158/sh: 14.5%
Three Outstanding Australian Projects
Documents & Downloads
Company Overview
Marmota Limited is a South Australia–focused explorer advancing a portfolio of high-quality gold, titanium and uranium assets, led by its Gawler Gold Project where exceptional high-grade, shallow drilling results are supporting a scoping study targeting a low-cost heap-leach development pathway. Alongside Gawler, the company’s Muckanippie titanium discovery and Junction Dam uranium project provide additional scale and commodity diversification, positioning Marmota with multiple avenues for resource growth and development.
Gawler Craton Project
Greenewood gold: MEU maiden drill campaign – 9 intersections over 20g/t Au & 28 over 10 g/t au
Exceptional high grades close to surface including:
- 33m @ 10g/t Au from 22m (incl. 1m @ 109 g/t)
- 22m @ 5.1g/t Au from 49m
- 11m @ 4.5g/t Au from 21m
- High-grade discovery over 900m in strike
Stage 2 drilling
- 10,117m just completed in December:
- assay results expected in Feb
Aurora Tank Outstanding intersections, predominantly close to surface with excellent metallurgy:
- 5m @ 27 g/t from 38m
- 3m @ 72 g/t Au from 66m
- 3m @ 41 g/t from 21m
- 2m @ 67 g/t from 32m
Gawler Gold Scoping Study commenced Targeting low-cost, low capex heap leach pathway
Muckanippie Titanium – high heavy mineral (HM) grade and broad intercept width
- 34m @ 19%HM from 4m including 1m @ 50% HM
- 30m @ 20% HM from surface including 2m@ 43% HM
- 27m @ 45% HM from 2m including 5m @ 56% HM.
Junction Dam Uranium
- Saffron Resource – 5.4Mlbs @ 557ppm U3O8
- Exploration target: 22 Mlbs to 33 Mlbs
- Multiple tier 1 targets adjacent to Boss Honeymoon mine
- High potential to host large uranium resource.
Use of Funds
Use of Funds
1.
Exploration and resource drilling at the Gawler Gold Project for inclusion in scoping study & pathway to production
2.
Advance work on the titanium and uranium projects
Disclaimer
This site does not constitute an offer, recommendation, or invitation to any person, nor does it purport to provide all of the information an interested party may require in order to investigate the affairs of Marmota Limited. This site is provided for information only and has not been prepared with the intention that the recipient should rely on it. Liquidity Technology Pty Ltd ("Liquidity") does not make any representation in relation to the contents of this site or give any assurances as to the accuracy or the degree of care or diligence used in preparing this document. The information, data, and advice herein is provided to recipients on the clear understanding that Liquidity nor any of its representatives, directors, officers, employees, agents, or advisers makes any representation or warranty about its accuracy, reliability, completeness, or suitability for any particular purpose and does not accept liability (including, but not limited to, for any expenses, losses, damages, and/or costs (including, but not limited to, indirect or consequential damage)) nor take any responsibility of any kind whatsoever (including, but not limited to, whether in contract, tort, financial or otherwise) for the information, data, or advice contained in or for any omission or for any other information, statement, or representation provided to any recipient (including, but not limited to, as a result of information, data, or advice being inaccurate, unreliable, incomplete, or unsuitable in any way and for any reason whatsoever). Users of this site must conduct their own investigation and analysis regarding any information, statement, or representation contained or provided to any recipient or its associates by Liquidity or any of the Liquidity Personnel. Each recipient waives any right of action, which it has now or in the future against Liquidity or any of the Liquidity Personnel in respect of any errors or omissions on or from this site, however caused. All rights are reserved. If the whole or any part of a provision of this "Notice and Disclaimer" is invalid, illegal, or unenforceable, then such provision will be severed and neither that part or provision or its severance will affect the validity or enforceability of the remaining parts or provisions.
Disclosure of Interest: Liquidity receives commission from dealing in securities and its introducers of business may directly share in this commission. Liquidity and its associates may hold shares in Marmota Limited.
