MEU 1.39% 3.7¢ marmota limited

Ann: Quarterly Activities and Cashflow Report, page-3

  1. 211 Posts.
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    This is a good way to put it.

    "Fundamentals
    The recent significant improvement in fundamentals, particularly in gold, is most attractive. Marmota is seeking to finalise and complete drilling at Aurora Tank as soon as possible, to enable us to complete an optimal design of a potentially low-cost low capex open pit processed via heap leach for the benefit of our shareholders.

    It is also clearly in the best interest of shareholders that those high-grade extensions are followed up and captured into that open pit design (not left in the ground), and equally that the design of waste rock dumps, leach pads and infrastructure are not placed on top of mineralised zones. Marmota is making excellent progress to achieve this as soon as possible."

 
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