Marmota announces positive intersections

Marmota (ASX:MEU) is pleased to announce that the Dec 2019 / Jan 2020 RC drilling program has yielded excellent gold intersections along the new NW flank. The NW flank is a new zone discovered in Marmota’s previous 2019 drilling program while following up elevated gold in biogeochemical sampling (tree sampling) [see ASX:MEU 31 July 2019 and 19 Sept 2019]

NW flank excels

New extensional drilling along the NW flank has yielded multiple high-grade intersections including:

• 4m @ 28 g/t gold (from 64m downhole)¹ in Hole 20ATRC200 ( 8m @ 16 g/t )
• 4m @ 24 g/t gold (from 68m downhole) in Hole 19ATRC162 [ see ASX:MEU 28 Jan 2020 ]
• 4m @ 10 g/t gold (from 56m downhole) in Hole 20ATRC198
• 4m @ 10 g/t gold (from 40m downhole) in Hole 20ATRC201 ( 12m @ 5 g/t gold )

The program has doubled the length of the NW flank, from about 95m to about 190m, and remains open. These results complement the 5m @ 27 g/t gold [see ASX:MEU 7 May 2019] intersection at the start (SW) of the NW flank which was recently featured in ‘Top Drill Intersections per State – Australia – Q1 2019’ published by the RSC Mineral Intelligence Report (May 2019: p.9 of the RSC Report). 

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1 Average of two assays, the first generating 26.9 g/t over 4m and a repeat generating 28.5 g/t over 4m, averaging 27.7 g/t.

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