Marmota Limited · ASX:MEU
Marmota — Marmota Energy — Investor Presentation (September 2011)
39 slides from Marmota's investor presentation, Sep 20, 2011
Slide 1: Marmota Energy Limited Investor Presentation September 2011
MARMOTA ENERGY For personal use only LIMITED Investor Presentation September 2011 1 Copyright Marmota Energy Limited
Slide 2: Forward Looking Statements
For personal use only Forward Looking Statements “These materials include forward looking statements. Forward looking statements inherently involve subjective judgement and analysis and are subject to significant uncertainties, risks and contingencies, many of which are outside of the control of, an
Slide 3: Corporate Information
Corporate Information Stock Code ASX: MEU Shares 150 m For personal use only Market Cap (at 19 Sept 2011) A$8 m Cash (at 30 June 2011) A$5.8 m Brief Corporate History • Listed on the ASX November 2007 from Monax exploration uranium assets • 2008 – 9 Improved exploration licence position, obtaining t
Slide 4: Marmota Energy Limited
For personal use only MARMOTA ENERGY LIMITED asx:meu Integrated precious metal and uranium exploration specialist offering shareholders exposure to a pipeline of discovery opportunities. the southe rom the Punk 4,378 metre driling program completed Uranium confirmed in 6 drill holes ‘3Okm long oil b
Slide 5: South Australian Project Pipeline
South Australian Project Pipeline Three Marmota Energy projects September 2010 acknowledged and listed by the SA Government: For personal use only • Mulyungarie • Junction Dam • Pundinya Further work planned to progress the listed Marmota projects up the triangle over the coming year. slide courtesy
Slide 6: Today's Presentation
Today's Presentation For personal use only South Australia: Uranium Copper Iron ore United States: Big Blue JV Angel Wing JV 6
Slide 7: Junction Dam Uranium JV
Junction Dam Uranium JV • Extends Marmota’s footprint in best uranium address in South Australia For personal use only • JV with Teck Australia, PlatSearch, and Eaglehawk Consulting, where Marmota has 74.5% of the uranium rights on Junction Dam • Junction Dam covers the eastern extension of the Yarr
Slide 8: Junction Dam location
Junction Dam location For personal use only Honeymoon Mine 8
Slide 9: Junction Dam Exploration
Junction Dam Exploration • Exploration program was launched in mid For personal use only September 2009. • High resolution ground gravity survey over the western target zone was completed. • Augmented by soil and radon surveys. • Geophysics defined 20 km extent of the Yarramba Palaeochannel. High re
Slide 10: Junction Dam Phase Drilling Results
For personal use only Junction Dam Phase 1 Drilling Results • Phase 1 drilling: 20 Holes drilled • Multiple holes returning peak grades greater than 1000 ppm eU3O8* over a 1.5 km strike length open at both ends • Outstanding high grade intercepts including: *Equivalent grades (eU3O8) from ave 2011
Slide 11: Junction Dam Phase Drilling Results
Junction Dam Phase 2 Drilling Results • Phase 2 drilling: completed For personal use only • 60 hole program • Multiple holes returning peak grades greater than 1000 ppm eU3O8* over significant interval thicknesses • PFN holes completed confirming high grades • Strike length increased to 2km open nor
Slide 12: Junction Dam Phase Drilling Results cont.
Junction Dam Phase 1 & 2 Drilling Results cont. HOLE ID EASTING NORTHING DEPTH FROM THICKNESS (metres) AVERAGE GRADE PEAK GRADE GRADE (metres) eU3O8*(ppm) eU3O8*(ppm) THICKNESS m%eU3O8 JDRM0111 484800 6488818 124.8 0.8 588.237 1152 0.047 For personal use only JDRM0114 485000 6488530 124.07 3.15 174.
Slide 13: Saffron QEMSCAN Results
g Uraninite Coffinite Autunite Uranium - Si intergrowths Uranium - Sulphide intergrowths Junction Dam – Uranium - Ti oxide intergrowths For personal use only Quartz Saffron QEMSCAN Results Kaolinite Fe Sulphides Sphalerite Other Sulphides Ti Oxides & Ti Silicate intergrowths Fe Oxides • Direct miner
Slide 14: Junction Dam 2011 Phase drilling
Junction Dam – For personal use only 2011 Phase 3 drilling • Phase 3 drilling program underway. • Program designed to test larger Bridget target for uranium potential. • Further expansion drilling at Saffron will be completed as part of Phase 3 contributing to resource definition. Left. Ground EM su
Slide 15: Junction Dam 2011 Phase drilling
Junction Dam – 2011 Phase 3 drilling • Mineralisation confirmed from broad For personal use only spaced drilling at the Bridget and Yolanda prospects immediately adjacent to the Saffron. • Uranium mineralisation confirmed along 15km strike on Junction Dam open north New zones of and south. uranium m
Slide 16: Junction Dam proposed forward plan
Junction Dam proposed forward plan Timing Action Status October 2010 – March • Undertake QEMSCAN analysis of selected samples. COMPLETED For personal use only 2011 • Commence acquisition of ground EM data over Bridget prospect • Assessment of results, determine suitability to commence calculation of
Slide 17: Lake Frome Uranium Projects
Lake Frome Uranium Projects For personal use only • Marmota Energy Limited has a significant tenement footprint in the best uranium address in South Australia. • 100% owned by Marmota • Tenements with listed precious, base metal and uranium occurrences. • Confirmed Namba and Eyre Formation sediments
Slide 18: Lake Frome Uranium Projects - Lake Coonee
For personal use only Lake Frome Uranium Projects Lake Coonee (EL 4252)
Slide 19: Lake Coonee (EL 4252)
Lake Coonee (EL 4252) For personal use only Historic drill hole locations over Bouguer gravity image. • 100 % owned by Marmota • Project contains the same sediments which host the nearby Beverley uranium mine. • Previous exploration on the project, conducted at 4 mile spacing, intersected uranium mi
Slide 20: Lake Frome Uranium Projects
For personal use only Lake Frome Uranium Projects • Marmota Energy Limited has a significant tenement footprint within a region displaying a strong uranium radiometric signature. • The region has a high uranium radiometric signature, on average higher than anywhere else in SA. • Tenements nearby to
Slide 21: Pundinya Uranium Project
Pundinya Uranium Project For personal use only 21
Slide 22: Pundinya Uranium Project
Pundinya Uranium Project • Further expansion of Marmota’s South Australian uranium project interests with the acquisition of the For personal use only Pundinya uranium project. • Exciting grades of up to 3200 ppm U3O8 have been returned from assay in drillholes completed on the project. • Significan
Slide 23: Pundinya Uranium Project
GRADE Hole No East North From To Thickness U3O8 Pundinya Uranium Project For personal use only THICKNESS m m m ppm m%eU3O8 W057 379264 6634393 48 52 4 249 0.0996 • Mineralised zone lies in the basal sand unit W058 379452 6634410 43 48 5 219 0.1095 unconformably overlying the basement. W074 379296 66
Slide 24: Pundinya Uranium Project
Pundinya Uranium Project For personal use only In 2011, application of the same exploration methodology successfully used at Junction Dam. Proposed exploration program along an additional 9km of prospective channel to include: • Biovegetation, soil and calcrete sampling. • Ground radon surveys. • Hi
Slide 25: Western Spur Iron Project
Western Spur Iron Project For personal use only 25
Slide 26: Iron ore projects
• Western Spur is located 60 km north west of Lake Frome in the north-east of South For personal use only Australia covering approximately 393 square kilometres. Iron ore projects • Iron ore outcrops located 13 km from the Strzelecki Track, a major arterial road servicing gas fields to the north. •
Slide 27: For personal use only
• A number of outcrops have been visually identified with iron ore mineralisation at For personal use only Western Spur. • Surface expressions of a large zone extending for approximately 12 kilometres. • The iron mineralisation has been identified as haematite-goethite, and massive haematite. Below:
Slide 28: Iron Assay Results
SAMPLE ID EASTING NORTHING Al2O3 % Fe2O3 % Fe % LOI % Mn% SiO2 47801 324313 6693368 0.79 74.92 52.39 12.89 1.45 2.98 47802 324300 6693277 0.65 79.58 55.65 11.58 2.11 2.85 47803 324249 6693244 1.79 63.5 44.41 14.46 0.88 5.22 IRON ASSAY RESULTS 47804 324372 6693107 0.66 67.36 47.10 12.25 9.62 2.12 For
Slide 29: Prospectivity
Marmota sample location PROSPECTIVITY 1981 WMC drillhole location For personal use only • Iron outcrop 4 extends for approximately 3 km. • Drill hole logs which define intervals of iron mineralisation intercepted by a number of holes completed by WMC in 1981. • The logs show intervals of up to 30 me
Slide 30: Melton Copper-Gold Projects
Melton Copper-Gold Projects For personal use only 30
Slide 31: For personal use only
For personal use only • Significant copper grades intersected in drilling at the Melton copper-gold project on South Australia’s Yorke Peninsula. • Results include 9 metres at 1.03% copper including 1 metre at 2.25% copper and 0.46 g/tonne gold intersected in drill hole MIRDD08. • Significant grades
Slide 32: For personal use only
West • Miranda target is up to 3 km in length. For personal use only Melton Melton • Eight drill holes have been completed at Interpreted continuation of the Miranda. Pine Point Fault Zone • Drill holes intersected observable sulphide mineralisation (pyrite and chalcopyrite). TARGET 3 • The Miranda
Slide 33: Miranda Target
For personal use only Miranda Target – Large magnetic body extending to Depth Interpreted low grade zone Interpreted high grade zone Miranda target Phase 1 and 2 assay results schematic. Miranda total magnetic intensity image with drill hole locations shown and copper intercepts down hole displayed
Slide 34: Significant results from Miranda target drilling
Significant results from Phase 1 and 2 of drilling of the Miranda target include: Hole East North From m Interval Cu % Au Ag m g/t g/t MIRDD01 773860 6219295 451 21 0.11 1.02 (Phase 1) For personal use only MIRDD04 773835 6219245 432 4 0.15 1 (Phase 1) 463 4 0.13 0.9 487 3 0.26 3.56 MIRDD05 773832 6
Slide 35: Forward Plan
Forward Plan For personal use only • Petrological assessment of mineralised samples from key intercepts. • Reassessment of shallower intervals of drillholes for potential further assay. • Phase 3 drilling program which will aim MELTON PROJECT to more clearly delineate the potential high grade minera
Slide 36: Nevada Gold Projects
• Marmota Energy in strategic partnership with high grade Nevada Gold Projects gold producer Ramelius Resources Limited (ASX: RMS) for gold project generation in the gold fields of Nevada. For personal use only • Marmota has the right to earn 40% of any interest in any gold projects that Ramelius so
Slide 37: Angel Wing
Angel Wing For personal use only • Surface rock chip sampling has returned encouraging assay results up to 3m @ 17.1g/t Au (Ramelius’ check sampling returned 3m @ 25.2g/t Au + 89.2g/t Ag). • Ramelius’ 1m rock chip samples returned assays up to 57.7g/t Au with coincident elevated silver values (up to
Slide 38: Summary
Summary Junction Dam uranium • Maiden resource calculation at the Saffron For personal use only prospect. • Significant expansion potential identified at Bridget and Yolanda prospects. Western Spur iron ore • Commissioning of independent exploration target assessment. Melton copper - gold • Phase 3
Slide 39: Marmota Energy Limited
For personal use only MARMOTA ENERGY LIMITED ASX CODE: ‘MEU’ www.marmotaenergy.com.au The information in this report that relates to Exploration Results, Mineral Resources or Ore Reserves is based on information compiled by Mr D J Calandro, who is a Member of the Australian Institute of Geoscientist
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