"An exciting greenfields uranium exploration discovery of this grade has not been made in the region since 2006. The high grade results achieved from this maiden drilling program are extremely significant, confirming the Company’s belief that mineralisation intercepted is analogous with the mineralisation model at the nearby Honeymoon Uranium Mine. Marmota is assessing the next stages of its exploration program to most effectively define the potential economic mineralisation at Junction Dam."
I know that everyone is waiting on Melton to commence. It will happen soon enough. But I personally believe that Junction Dam will bring us some great results in Q1. Initial logging results are analogous to Honeymoon results. Deposits will be re-rated by including significant quantities of lower grade ore, just like it was done at Honeymoon and Beverley. Anyways, really looking forward to Q1, should be green times ahead for the next 6 months.
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