Articles On Marmota (ASX:MEU)

Retail investment in gold, silver has either hit new peaks or held up at multi-year highs, says Metals Focus 1 ounce gold Maple Leaf in the US commands a 40% premium at the retail level, for example This week’s top movers: Sihayo, Dacian,...

Marmota (MEU) has intersected gold at the Comet (West) Tenement in what is reportedly the first drilling ever carried out by any company in the areaIn June, seven reconnaissance holes were drilled at Comet with up to 7.7 g/t gold intersecte...

ASX to open much higher on Friday Wall Street swung from a big loss to a big win following the inflation report US inflation is at a 40-year high Local shares are set to open higher today. At 8am AEST, the ASX 200 October futures contract...

Marmota has wasted no time in following-up on last week’s bonanza 217g/t gold hit over 1m, starting an RC drill program to follow-up on potential extensions. The drill program of between 60 to 80 holes totalling about 8,000m to test extensi...

Marmota (MEU) is set to begin drilling at its Aurora Tank project in South Australia’s Gawler Craton next weekThe news comes after yesterday’s announcement of results including one metre at 217 g/t gold from a downhole depth of 118 metresMa...

The ASX is set to open lower on Friday Wall Street reverses the previous day’s gains, with a selloff in tech stocks Meta to reduce staff for the very first time Local shares look set to open lower today. At 8am AEST, the ASX 200 October f...

Marmota (ASX:MEU) is sitting on a golden prize at its Aurora Tank project in South Australia’s highly prospective Gawler Craton if latest extensional drilling returning best-ever bonanza grades of over 200 grams per tonne (g/t) gold are any...

The ASX will open much higher on Thursday Wall Street rallied strongly overnight as yields slump following BoE’s decision The BoE has surprised the market with bond buyback announcement Local shares are set to open much higher on Thursday...

PGM demand will remain strong until about 2025, when it will start to fall off a cliff: Metals Focus Why 2025? Because that’s when electrification of transport really kicks up a gear However, Bridge Street Capital analyst Chris Baker belie...

Fitch has downgraded its gold outlook but expects prices to remain “elevated in the coming years compared to pre-Covid levels” Contrarian argument: “It is also a sector full of M&A possibilities as gold equities haven’t been this ‘chea...

Lithium, two years ago, was unloved. Then, a sudden but completely foreseeable realisation that we didn’t have enough to feed the EV thematic sparked massive price rises, which encouraged investment, which has now inspired fresh exploration...

Marmota (MEU) intersects gold in the first-ever drilling program to be completed by any company at the Comet West tenement in South Australia The company struck the gold as part of its ‘wildcat’ seven-hole drilling program in the area, joi...

TSX listed Korara Resources finds another massive nugget stash at the Beta Hunt mine near Kalgoorlie The new discovery just below the super-rich, 30,000oz Fathers Day Vein China imported more than 80 tons (or 2.56Moz) of gold worth $US4.4b...

Marmota (MEU) reports new high-grade gold extensions at its Aurora Tank project in South Australia The latest round of assays comes from its recently completed reverse circulation (RC) drill program which aimed to define the extent of the...

EVN’s Jake Klein predicts US$2-US$3,000/oz gold price for this time next year Is a wave of merger and acquisition activity coming in the ASX gold space? Bounce back in vehicle production to boost PGM demand Gold price hits a four-week high...

Gold price hits three-week high post-FOMC rates decision ASX Quarterly Gold Wrap: producers hit a low bar, investors are pleased Gold demand falls in H1 as cost-of-living pressures bite, WGC says Our Gold Digger column wraps all the news...

Marmota (MEU) adds a new exploration licence, dubbed Honey Eater, to its tenement holding at the Gawler Craton project in South Australia The company says Honey Eater appears to have remained “remarkably free” of prior exploration work, wi...

Gold is down 5% for July and on a broader downward trajectory, Metals Focus says Aeris Resources’ Golden Plateau deposit could extend the mine life at Cracow Golden State Mining has kicked off drilling at the Yule project in WA   Our Gold...

Marmota (MEU) receives firm commitments from sophisticated and professional investors to raise $2.5 million through an equity placement The placement will issue approximately 47.1 million shares at 5.3 cents per share, with one attaching u...

Benchmark up circa 1%, small caps surge 1.5% Coal miners eclipsed by Whitehaven record profits Kincora Copper finds so much more copper The small cap S&P/ASX Emerging Companies (XEC) index and the benchmark S&P/ASX 200 (XJO) index...

Marmota (MEU) begins the week in a trading halt while it plans the details of an upcoming capital raising The company will remain in the halt until Wednesday, July 20, or when further details are released to the market, whichever occurs fi...

Listed South Australian explorer Marmota Limited was asking investors to pitch in $5 million for work at its projects.

The US dollar looks set to reach 20-year highs, impacting gold’s safe haven status JP Morgan employees on trial in Chicago after ‘spoofing trades’ accusations PGM supply through the recycling of auto catalysts has taken a hit ‘cos Covid O...

Swiss data shows the highest total January to May bullion shipments since 2018 On a year-to-date basis US gold imports surged by 170% to 103t US also the largest destination for Swiss silver bullion, accounting for ~30% of the total; up fr...

Marmota (MEU) completes drilling at the Aurora Tank gold project in South Australia with 12,000 metres of reverse circulation (RC) drilling undertaken The program was expanded from 10,000 metres to 12,000 metres with 99 holes drilled inste...

Newmont’s Tom Palmer says gold may have found new floor of ~US$1600/oz in the wake of inflation With small gold miners are struggling with rising supply chain and labour costs, Palmer says consolidation in the sector makes sense Drilling r...

Marmota is another step closer to producing gold from Aurora Tank after receiving the first realistic pit wall parameters for an open pit at the project. The pit design was carried out by geotechnical engineering consultancy Rocktest, which...

1 gram of gold can be recovered from about 41 recycled mobile phones Mint Innovation can recover $US12,000 worth of gold from one tonne of old circuit boards Gold trades sideways at ~$US1,850/oz Our Gold Digger column wraps all the news d...

Marmota (MEU) expands its drilling program at the Aurora Tank gold project in South Australia The reverse circulation program is being expanded from 10,000 metres to 12,000 metres and adding a further 15 holes to bring the total to 100 The...

Mark Creasy has upped his stake in Galileo Mining after its big Callisto palladium discovery last week The billionaire prospector extraordinaire is credited with roles in the Jundee, Bronzewing and Nova discoveries in WA Creasy’s Yandal In...

Indiana has cast its eyes on several intriguing new gold targets at its Central Gawler project in South Australia that have seen little to no historical drilling. The new gold-in-calcrete anomalies were identified along the fertile Lake Lab...

US gold price down more than 10% or $200 from its peak But Aussie gold miners faring better due to weak AUD-USD exchange rate This week’s ASX standouts: Twenty Seven Co, OzAurum Resources Our Gold Digger column wraps all the news driving...

Tyranna Resources (TYX) has placed its shares in a trading halt pending a capital raising and project acquisition The company will remain in the halt until Monday, May 16 or when further details are released, whichever occurs first In its...

In April, the mining and exploration cohort was going gangbusters, until it wasn’t. Hitting an all-time high of 19,321.70 points on April 19, the S&P/ASX 200 Materials index (XMJ) then plummeted ~11% in a week to erase a full month of g...

Marmota (MEU) eyes a new exploration campaign following Petratherm’s (PTR) drilling success last week at the neighbouring Comet project in South Australia On Wednesday, Petratherm said it had identified a major Rare Earth Element (REE) dis...

Marmota is set to explore drilling right next to Petratherm’s major rare earths discovery in the Northern Gawler Craton, SA It was the first time significant rare earths have been discovered in the area The biggest intersections were found...

Stockhead’s Top 10 at 10, published at 10.30am each trading day, highlights the best (and worst) performing ASX stocks in morning trade using live data. It’s a short, sharp update to help frame the trading day by showing the biggest movers...

The ASX will head into the Anzac day long weekend on a slightly sour note following a Friday selloff. For the microcap Emerging Companies index, it was a ~1.5% fall on the day — but that didn’t stop another triple-digit percentage return, t...

Follow-up drilling imminent at Marmota’s (MEU) Aurora Tank gold project in South Australia A drilling crew arrived on site yesterday to begin the 85-hole reverse circulation program The company says the aim of this work is to test for furt...

First earth moving equipment arrives at Aurora Tank, with work underway on preparing sumps and drill pads. After a week onsite at the Aurora Tank Gold Project in South Australia’s Gawler Craton, Marmota says the latest RC drill program is...

Gold price to hit $US2,200 as stagflation fears take hold U.S. and allies officially prohibit all transactions with Russia involving gold, one of its financial lifelines. Will it work? Gold price rebounds over past week to $US1,960/oz Our...

Marmota (MEU) is set to start the next drilling program at its Aurora Tank tenement in South Australia, ahead of a mining lease application Reverse circulation drilling will test further extensions to the north-west flank of the tenement w...

Marmota is embarking on what is possibly its last drill program at its Aurora Tank gold discovery in South Australia’s Gawler Craton prior to applying for a mining lease. Here’s why the program is one to keep a close eye on. Recent Bulk Lea...

With uranium prices hitting an 11-year high last week, Marmota’s decision to acquire the Junction Dam uranium tenement immediately adjacent to the Boss (ASX:BOE) Honeymoon uranium mine in October 2021 has come sharply into focus. After all,...

War gossip/news remains the main driver of gold prices. The precious metal is having one of those volatile weeks where unless they timed their entry and exit perfectly, investors probably had a tough time whether long or short, says OANDA s...

Julian Hanna — co-founder of nickel miner Western Areas (ASX:WSA) — will join management team at explorer St George Firebird reports “game changing” +170% resource upgrade at the ‘Oakover’ manganese project Drilling at GTI Resources’ ‘Thor...

A good week for gold, which is up 1.04% to ~$US1,940/oz at time of writing. History shows us war doesn’t usually trigger an extended rally, but news flow – or lack thereof – coming out of Ukraine continues to be the biggest influence on the...

Marmota’s (ASX:MEU) Aurora Tank discovery in the Gawler Craton is already known for its shallow, yet very-high grade gold topping out at 1m grading 165 grams per tonne which was identified by testing near surface calcrete for anomalous gold...

“Marmota has re-tested the bonanza grades using the high precision large sample BLEG technique – not just once – but by taking four fresh samples ... with ALL four samples returning bonanza grades, and the average grade increasing by a furt...

Investors generally buy gold as a way of diversifying risk when s..t hits the proverbial fan. That’s why the precious metal appears to perform well in times of war or political instability. Conversely, stocks and bonds perform best in a sta...