Best ever grade gold for Marmota
MARMOTA has announced a significant high-grade gold intersection from drilling at its Aurora Tank project, about 50km northeast of WPG Resources’ Challenger gold mine in South Australia
Assay results turned up best results of 4 metres at 72 grams per tonne (g/t) gold, 36m from the surface, following reverse circulation (RC) drilling in September.
Marmota chairman Colin Rose said it was the explorer’s best ever gold drilling intersection.
“We are delighted with the new numbers from Aurora Tank, particularly as they are from a new zone, located some 200m to the west of the previous best intersection,” Mr Rose said.
“It is also very pleasing that we have obtained our best intersection to date from our smallest drill program to date, in number of holes.”
The previous best intersection was found on 2 August, turning up results of 4 metres at 40g/t.
Marmota recorded first visible gold at the project back in March, with wider intersections including 10m at 6g/t and 5m at 13g/t.
According to Marmota, the September RC drilling also uncovered a new zone of potential mineralisation about 500m north of the Goshawk gold deposit, which Marmota would continue investigating.
Marmota was also exploring options to bring Aurora Tank into production by low-cost open-pit mining, including toll treatment and heap leach methods.
Gold drilling was recently completed at Marmota’s Aurora Tank project. Image:Marmota.