Articles On Marmota (ASX:MEU)

Gold’s rally ran out of puff this week, with the precious metal dropping about 2% below ~$1US1,870/oz at Thursday close. Kitco’s Jim Wyckoff calls it “routine profit taking”. “Importantly, the price uptrend in gold on the daily chart remain...

Marmota has purchased the Jumbuck gold project in north-western South Australia, following a $2.4 million payment to Tyranna Resources. The project surrounds the Challenger gold project, owned by Barton Gold, which has an estimated mineral...

Marmota has paid the $2.4 million cash component of the acquisition into a trust account to be released on receipt of Ministerial Consent for the sale of the Project.

All conditions precedent to the updated share and sale agreement have been satisfied, leaving only receipt of the Ministerial Consent for completion.

Over the past two months the gold price has turned a corner, up ~12.7% to a high of $US1898/oz. That’s a four month high, erasing almost all of 2021’s losses. The share prices of local gold stocks have responded in kind. Over the past month...

The mining exploration company recently completed the upgrade of camp infrastructure at Aurora Tank, doubling water storage capacity, which is necessary for the diamond drilling program. 

Are large Bitcoin investors moving back into precious metals? In a note to clients, JPMorgan said large institutional investors are dumping bitcoin in favour of gold, reversing a trend that’s played out over the last two quarters. “The bitc...

With the camp upgrade now complete, Marmota will be able to proceed with its planned diamond drilling program. 

The recovery in the gold price from its early March lows — ~$1,670s to over $1,825 currently — was mostly driven by the decline in real interest rates and, more recently a poor US jobs report and increasing inflation. US core inflation in A...

“When you stop growing you start dying,” is a saying the ASX’s largest gold miners have apparently taken to heart. While hopefully remaining cognisant of the expensive, value-destroying deals which occurred when gold last peaked in the 2010...

Energy is an essential piece of modern life and while energy demand fell in 2020 due to the impact of the COVID-19 pandemic, emerging markets and developing economies are expected to drive a 4.6 per cent increase in demand. In its Global En...

The gold price traditionally thrives on geopolitical drama. Heightened tensions in eastern Ukraine, the recent incident at an Iranian nuclear site, and news of an unofficial US delegation visiting Taiwan are recent reminders that 2021 will...

Power Up is Stockhead’s fortnightly look at all the news and moves driving ASX energy stocks. After a brief foray above the $US65 ($85.60) a barrel mark in March, oil prices have slid back down to hover around the $US60 a barrel level thank...

Gold continues to trend upwards on the back of US dollar’s ongoing weakness and concerns about inflation, so it’s unsurprising that the majority of gold plays on our watchlist have marked gains this week. The previous metal is currently tra...

The ASX picked up where it left off before the Easter break with another day of gains. The ASX 200 rose 0.84 per cent to 6,886 points and the ASX Emerging Companies Index rose 1.17 per cent, closing at 2,036 points. Utilities and energy wer...

The gold price may have languished slightly in 2021, but the number of gold IPOs certainly has not. Here’s what the newest ASX gold explorers are doing, where they are doing it, and why investors should care.   KINCORA COPPER (ASX:KCC) The...

Strange to think that it is a year since the world was turned upside down when the World Health Organisation declared COVID-19 a worldwide pandemic in mid-March 2020. In the week that followed the price of gold tumbled nearly $US200 to $US1...

A recent round of support for gold has seen the price consolidate above $US1,700 an ounce. However, with policy support from central banks, US stimulus and employment growth — underpinned by big infrastructure projects — you’d “expect gold...

Special Report: Gold explorer Marmota Limited has carried out extensive sampling in previously unexplored zones extending out from its Aurora ... Read More The post Marmota is ramping up its groundbreaking technology that analyses tree leav...

Marmota’s (ASX:MEU) best ever 1m intersection of 165 grams per tonne (g/t) gold at 66m rockets past previous top intercepts ... Read More The post Marmota reveals ‘best ever’ 165 g/t gold assay at Aurora Tank discovery appeared first on Sto...

For goldies, 2020 was a year when good news was rewarded, and great news celebrated. The precious metal has gained about 22 per cent year-to-date despite treading water since mid-August. And there’s a strong chance 2021 will start off with...

Tyranna Resources (ASX:TYX) has accepted a $3m offer for its Jumbuck gold project in South Australia’s Gawler Craton from Marmota ... Read More The post Tyranna Resources accepts $3m offer for its Jumbuck gold project appeared first on Stoc...

After what turned out to be a bit of a bidding war with recently de-listed Syngas Limited, ASX-listed Marmota Limited has bagged fellow ASX-listed Tyranna’s Jumbuck gold project in South Australia’s gold-rich Gawler Craton.

Almost 94% of shares voted last week were against accepting a A$2.25 million offer from the now-unlisted Syngas. Decipher and K2Fly - technology ...

ASX-listed Marmota Limited has made a fresh, fully funded $3 million bid for fellow ASX-listed Tyranna’s Jumbuck gold project in South Australia’s gold-rich Gawler Craton, attempting again to trump an earlier bid by recently de-listed Synga...

ASX-listed Marmota Limited has made a fresh, fully funded $3 million bid for fellow ASX-listed Tyranna’s Jumbuck gold project in South Australia’s gold-rich Gawler Craton, attempting again to trump an earlier bid by recently de-listed Synga...

MARMOTA has again moved to trump an offer made by delisted tiddler Syngas for Tyranna Resources' 320,000 ounce Jumbuck gold project in South ...

Marmota has tabled some of its highest ever gold results from its Aurora Tank discovery in SA, with intercepts including 4m at an outstanding 70.4 g/t gold from 64m and 4m at 25.5 g/t gold from only 52m down-hole.

Marmota has tabled some of its highest ever gold results from its Aurora Tank discovery in SA, with intercepts including 4m at an outstanding 70.4 g/t gold from 64m and 4m at 25.5 g/t gold from only 52m down-hole.

Marmota (ASX:MEU) has recorded its ‘best-ever’ 4m composite intersections with reverse circulation drilling at its flagship Aurora Tank project in ... Read More The post Marmota’s bonanza 70g/t gold hit highlights open pit potential appeare...

The extensional drilling program recorded the new highest 4-metre intersection at Aurora of 4 metres at 70 g/t gold from 64 metres.

Gawler Craton stalwart and former managing director of Marmota Limited, David Williams has joined the Board of Indiana Resources, just a month after Indiana locked away a deal for some fresh SA gold ground from another Williams-led entity,...

There’s 191 ASX gold stocks on our list — from $25bn behemoth Newcrest (ASX:NCM) all the way down to $4.7m tiddler African Gold (ASX:A1G) – with a combined market cap of ~$82.8bn. Despite running out of puff in August and September the gold...

Marmota Ltd has completed a massive RC drilling campaign at its exciting high-grade Aurora Tank gold discovery within South Australia’s mineral-rich Gawler Craton.

Exploration is centred on the highly prospective and significantly underexplored Gawler Craton, near the Challenger gold mine.

South Australian Gawler Craton gold explorer, Marmota, has scored more bonanza gold hits at its exciting high-grade Aurora Tank discovery. The first batch of assay results are back from its recently resumed 11,000m RC drilling campaign comp...

The drill rods have started spinning again at Marmota’s exciting Aurora Tank gold discovery 50km north-east of the mothballed Challenger gold mine in the Gawler Craton region of South Australia. Aurora Tank may set the Gawler Craton alight...

ASX-listed gold explorer, Marmota, has decided to keep the drill rods turning for a bit longer at its high-grade Aurora Tank gold discovery in the Gawler Craton region of South Australia as it eyes a rapid pathway to mining.

Back in 2001, Minotaur Resources — now Minotaur Exploration (ASX: MEP) — put the Gawler Craton back on the mining investor’s map when it discovered the huge Prominent Hill copper-gold deposit south-east of Coober Pedy in South Australia. At...

The sudden drop in spot gold prices and reintroduction of COVID-19 restrictions in New Zealand have hit the relevant ASX small caps this morning. After 100 days of being virus-free, four COVID-19 cases were detected in the country. New Zeal...

MARMOTA says it has had no contact from Tryanna Resources over its higher A$2.6 million offer for the 320,000 ounce Jumbuck gold project in South ...

There is no question that the bidding war over the Jumbuck gold project in South Australia has proved beneficial for Tyranna Resources (ASX:TYX), with the company receiving and accepting a revised $2.25m offer from original bidder Syngas (A...

South Australia’s Gawler Craton is becoming a hotspot for acquisition activity with Indiana Resources (ASX: IDA) and Latitude Consolidated (ASX: LCD) picking up exploration territory in the gold province. This is hot on the heels of a $2m-2...

ASX companies continued to raise money in July, with over $4bn shelled out by investors, taking 2020’s total above $30bn. According to Bloomberg, there has been $32.3bn worth of cash raised between January 1 and August 3. This is well ahead...

A tug-of-war has erupted over Tyranna Resources’ (ASX:TYX) Jumbuck gold project in South Australia, with Alliance Resources (ASX:AGS) and Marmota (ASX:MEU) vying to acquire the asset. Marmota is offering to pay $2.6m for the project, while...

Marmota Limited has kicked off its largest ever RC drilling program at the Aurora Tank gold project in South Australia.

ASX-listed Marmota has set up camp at its high-grade Aurora Tank gold discovery in SA and is ready to crank up the drill bit again this week.

Marmota has raised A$6.5 million in a placement to fund gold exploration at the Aurora Tank discovery in South Australia. Every two new 5.3c shares ...

Gold explorer Marmota has been buoyed by an allocation from the Federal Government of $1.17 million in Junior Minerals Exploration Incentive tax credits.

South Australian exploration company Marmota is using biogeochemical sampling of tree leaves to unearth new gold deposits in the prospective Gawler Craton. Marmota has already used the tree sampling technique to advance exploration in the a...