re: Ann: Exploration Update - Junction Dam Pr... The stand out thing on top of the high grades is
When making a geographic size
comparison with Honeymoon, Marmotas Saffron
prospect is now more than double in strike lengt
Marmota has earned a 51% interest in the uranium
rights on this highly prospective project and is set to
earn an additional 24.5% interest for the uranium
rights on Junction Dam, at the completion of the
current phase of drilling.
Continued high grade results of this nature are
extremely significant as they confirm the Company�s
belief that results achieved to date are analogous
with the mineralisation model at the nearby
Honeymoon Uranium Mine.
Drilling completed in recent weeks has confirmed
mineralisation within the zone highlighted by the
red circle in the adjacent figure. This further extends
the strike length of the Saffron prospect to
approximately two kilometres, open to the north
and south. When making a geographic size
comparison with Honeymoon, Marmota�s Saffron
prospect is now more than double in strike length.
At the completion of the Phase 2 drilling, Marmota
will assess all drill results as part of its program to
outline the extent of potential mineralisation at
Junction Dam over the coming year.
Figure 1: New extension to zone of mineralisation
confirmed
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- Ann: Exploration Update - Junction Dam Project
Ann: Exploration Update - Junction Dam Project , page-2
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