Best ever grade gold for Mar­mota

The Australian Mining Review - - NEWS: NEWS EXPLORERS ON THE MOVE - AMY BLOM SOUTH AUS­TRALIA

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.

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