Marmota Limited (ASX:MEU) is a South Australian mining exploration company focused on gold and uranium. Gold exploration is centred on the Company's gold discovery at Aurora Tank that is yielding outstanding intersections in the highly prospective and significantly underexplored Gawler Craton in the Woomera Prohibited Defence Area. The Company's flagship uranium resource is at Junction Dam adjacent to the Honeymoon mine.
Australian Market Report of March 17, 2011 includes: Marmota Energy Limited (ASX:MEU) announced significant iron and manganese results from its Western Spur Project in South Australia; ElDore Mining Corporation Limited (ASX:EDM) has acquired a 100% interest in the Baita Copper mine in West Romania; Kangaroo Resources Limited (ASX:KRL) signed a 300,000 tonne coal sales contract with PT Bayan Resources (JAK:BYAN) (PINK:BYRSF); Matsa Resources Limited (ASX:MAT) announced high grade Fe results from Dundas Magnetite Project.
Marmota Energy (ASX:MEU) is an Australian based mineral exploration company operating in the mining friendly state of South Australia. Marmota is an established multi commodity explorer focused on developing uranium, precious and base metal mining projects with the objective of becoming an independent minerals producer.
Australian Market Report of January 27, 2011 includes: Universal Coal plc (ASX:UNV) makes strategic coking coal expansion acquisition in South Africa; Marmota Energy Limited (ASX:MEU) received significant iron results in South Australia; African Iron Limited (ASX:AKI) intersected further significant DSO Iron Mineralisation in Congo; Chesser Resources Limited (ASX:CHZ) received further high grade gold results in Turkey.
Australian Market Report of October 21, 2010 includes: Moly Mines Limited (ASX:MOL) signed an iron ore sales agreement with China; Uranium Equities Limited (ASX:UEQ) confirms high uranium grades at Nabarlek Project in Northern Territory; Marmota Energy Limited (ASX:MEU) commenced drilling at Angel Wing Gold Project in USA; Metaliko Resources Limited (ASX:MKO) has commenced a 21 hole reverse circulation drilling program at its Anthill Gold Project in Western Australia.
