Marmota Limited · ASX:MEU
Marmota — Marmota Energy — Investor Presentation (February 2011)
33 slides from Marmota's investor presentation, Feb 2, 2011
Slide 1: Marmota Energy Limited Investor Presentation 2011
For personal use only MARMOTA ENERGY LIMITED Investor presentation 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 For personal use only Stock Code ASX: MEU Shares 150 m Market Cap (at 31 January 2011) A$14.39 m Cash (at 30 December 2010) A$7.75 m Brief Corporate History • Listed on the ASX November 2007 from Monax exploration uranium assets • 2008 – 9 Improved exploration licence position,
Slide 4: For personal use only
For personal use only • Access to 10,000 km2 • Ground with listed uranium and gold occurrences • Projects strategically located in established mineral domains, close to mine infrastructure 4
Slide 5: South Australian Project Pipeline
South Australian Project Pipeline September 2010 For personal use only Three Marmota Energy projects acknowledged and listed by the SA Government: • 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
For personal use only Today's Presentation 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 For personal use only address in South Australia • 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 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 9: 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: ave 2011 ppm with peak grade of 7,551 pp
Slide 10: Junction Dam Phase Drilling Results
Junction Dam Phase 2 Drilling Results • Phase 2 drilling: completed • 60 hole program For personal use only • 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 11: 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 12: Saffron QEMSCAN Results
Mineral Name Background 778 Uraninite Junction Dam – Coffinite For personal use only Autunite Saffron QEMSCAN Results Uranium - Si intergrowths Uranium - Sulphide intergrowths 6251 886 Uranium - Ti oxide intergrowths 253 Quartz 3116 Kaolinite 25300 Fe Sulphides 8614 • Direct mineralogical assessment
Slide 13: Junction Dam – Honeymoon scale comparison
Junction Dam – Honeymoon scale comparison Marmota phase 1 and 2 drill holes (purple) For personal use only Saffron target area Honeymoon development 13
Slide 14: Junction Dam proposed forward plan
Junction Dam proposed forward plan Timing Action Status For personal use only May - September 2010 Phase 2 drilling COMPLETED October 2010 – March • Undertake QEMSCAN analysis of selected samples. UNDERWAY 2011 • Commence acquisition of ground EM data over Bridget prospect • Assessment of results, d
Slide 15: 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 16: Lake Frome Uranium Projects
Lake Frome Uranium Projects • Marmota Energy Limited has a significant For personal use only tenement footprint with a region displaying a strong uranium radiometric signature. • The region has a high uranium radiometric signature, on average higher than any where else in SA. • Tenements nearby to B
Slide 17: Pundinya Uranium Project
Pundinya Uranium Project For personal use only 17
Slide 18: 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 19: Pundinya Uranium Project
For personal use only Pundinya Uranium Project In 2011, application of the same exploration methodology successfully used at Junction Dam. Proposed exploration program to include: • Biovegetation, soil and calcrete sampling. • Ground radon surveys. • High resolution gravity. • High resolution ground
Slide 20: Western Spur Iron Project
Western Spur Iron Project For personal use only 20
Slide 21: Western Spur Iron Project
Western Spur Iron Project For personal use only • Western Spur is located 60 km north west of Iron ore projects Lake Frome in the north-east of South Australia covering approximately 393 square kilometres. • Adjacent to Marmota’s significant tenement position in the uranium rich Frome Embayment. • W
Slide 22: For personal use only
• A number of outcrops have been visually For personal use only identified with iron ore mineralisation at Western Spur. • Surface expressions of a large zone extending for approximately 12 kilometres. • The iron mineralisation has been identified as hematite-goethite. Left: Photograph of hematite m
Slide 23: Iron Assay Results
For personal use only IRON ASSAY RESULTS EASTING NORTHING SAMPLE Al2O3 % Fe % Fe2O3 % K2O % LOI % P2O5 % SO3 % SiO2 % NUMBERS • Every sample collected at outcrop 1 318803 6696723 72001 2.84 53.12 75.95 0.17 10.24 0.576 0.319 8.36 returned high iron results. 318781 6696720 72002 2.6 53.95 77.13 0.15
Slide 24: Melton Copper-Gold Project
Melton Copper-Gold Project For personal use only 24
Slide 25: Melton Copper-Gold Project
Melton Copper-Gold Project • Early 2010 Marmota Energy Limited For personal use only completed maiden drill program testing the first three large scale targets at Melton. • The Melton tenements cover the northern extension of the Pine Point Fault which hosts the recent discovery of significant coppe
Slide 26: For personal use only
• Miranda target consists of a large gravity For personal use only anomaly with corresponding magnetic anomaly. • Miranda target is up to 4 km in length. • Four drill holes were completed at Miranda testing both the coincident magnetic and gravity anomaly, and one testing only the gravity. • Drill h
Slide 27: For personal use only
For personal use only Miranda drill hole schematic zoom into copper zones. Miranda drill hole schematic from surface. 27
Slide 28: For personal use only
• Structural observations made from drill For personal use only core indicate shallowing of mineralised zones to the west. • Down hole geophysics is planned for MIRDD01 and MIRDD04 to try and map the zones of mineralisation. • Phase 2 drill testing planned for early 2011. Example of copper mineralis
Slide 29: EL 4648
For personal use only EL 4648 Marmota Energy Melton project and adjoining new EL. • EL 4648 100% owned by Marmota. • EL 4648 covers continuation of large scale anomaly (outlined by red dashed line). • Increase in strategic tenement holding in this highly prospective region. 29
Slide 30: Nevada Gold Projects
Nevada Gold Projects • Marmota Energy in strategic partnership with high grade gold producer Ramelius Resources Limited (ASX: RMS) for For personal use only gold project generation in the gold fields of Nevada. • Marmota has the right to earn 40% of any interest in any gold projects that Ramelius so
Slide 31: Angel Wing drilling
For personal use only Chargeability over DaVinci Vein showing interpreted vein dips (red), faults (blue) and proposed drill traces (black). Angel Wing drilling • Pleasing initial results • Drilling completed so far indicate that the location and continuity main vein is predictable at depth. • Will a
Slide 32: Summary
MARMOTA ENERGY LIMITED SUMMARY • Junction Dam For personal use only Resource definition priority - data to be assessed for suitability to commence calculation of inferred resource. Further drilling planned in 2011 to increase the size of Saffron and test new target areas. • Maintaining explorati
Slide 33: 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
Marmota Energy — Investor Presentation (February 2011) on 6ix