MEU 2.63% 3.7¢ marmota limited

SA mineral exploration release areas, page-3

  1. 875 Posts.
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    stag wrote: "Mostly deep deposits according to that.....we are going to have to drill deeper possibly and it's going to cost."

    ummm - what have the super deep (hundreds of metres below surface) IOCG (primarily copper) deposits of the NE Gawler Craton (Carapateena, Olympic Dam etc) got to do with the beautifully close to surface gold discovery at Aurora Tank that is hundreds of kilometres to the west?

    By your comment "it's going to cost', are you seriously suggesting Marmota should sink super deep 500m deep diamond holes at Aurora Tank just for fun, to see if there is also some copper and turn our low-cost open pittable close-to-surface gold discovery with numerous high-grade intersections instead into a greenfields search for copper, notwithstanding that copper prices suck, and Aurora Tank is a gold discovery (not a copper discovery). Moreover, none of the release areas are anywhere near Aurora Tank.
 
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