MARMOTA LIMITED Aurora Tank
Gawler Craton
ersonal use only
Investor Update
July 2022
ASX: MEU
Corporate Snapshot | ASX: MEU |
only | Capital Structure | Share Price | (Last 12 months) | |||||||||
Shares on issue | 980 m | |||||||||||
Options | 0 | |||||||||||
U listed options (most about to expire) | ~ 76 m | |||||||||||
Market Cap | (at offer price of 5.3 cents per share) | ~ $ 52 m | ||||||||||
Cash | (as at 30 March 2022) | $ 2.8 m | ||||||||||
use | ||||||||||||
Zero Debt | ||||||||||||
ersonal | Board & Management | Top Shareholders | ||||||||||
Executive Chairman | Dr Colin Rose | Top 20 | ~ 38 % | |||||||||
Executive Director | [ Exploration ] | Aaron Brown | Top 50 | ~ 52 % | ||||||||
Non-executive Director | [ Production ] | Neville Bergin | Top 100 | ~ 66 % | ||||||||
Lower costs | Less dilution | MORE exploration |
2
Aurora Tank
Gawler Craton
onlyAurora Tank
useGold Discovery
ersonalASX: MEU
Aurora Tank: Outstanding Intersections All close to surface
ersonal use only
Exploration Summary
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only!
use !
ersonal!
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Best ever gold intersections | [ ASX:MEU 22 Feb 2022 ] |
197g/t gold over 1m (just ~ 57m from surface) | |
New high-grade extensions identified: | |
- to the North (and open) | |
- at depth | |
New NW flank: tripled in length |
High-grade gold intersected for first time at depth 12,000m RC drilling program just completed
[ ASX:MEU Drilling Completed 23 June 2022 ] | 5 |
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Marmota Limited published this content on 18 July 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 18 July 2022 23:53:01 UTC.
