Marmota Limited · ASX:MEU
Marmota — Marmota Energy — Investor Presentation (January 2012)
30 slides from Marmota's investor presentation, Jan 25, 2012
Slide 1: Marmota Energy Limited Investor Presentation January 2012
MARMOTA ENERGY LIMITED Investor Presentation January 2012 1 Copyright Marmota Energy Limited
Slide 2: Forward Looking Statements
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, and may be unknown to, t
Slide 3: Corporate Snapshot
Corporate Snapshot Stock Code ASX: MEU Marmota Energy (ASX: MEU) is a diversified mineral Shares 150 m exploration and development company with key projects across the uranium, copper, gold and iron ore Market Cap (at 21 Nov 2011) A$11 m spaces. Cash (at 30 Sept 2011) A$4.7 m Brief Corporate History
Slide 4: Marmota Energy Australia projects
Marmota Energy Australia projects Rudall East Western Spur Frome Region Pundinya Junction Dam Melton Cu-Au 4
Slide 5: Today's Presentation
Today's Presentation South Australia: Uranium Copper Iron ore United States: Angel Wing JV 5
Slide 6: Junction Dam Uranium JV
Junction Dam Uranium JV • Extends Marmota’s footprint in best uranium address in South Australia • Junction Dam covers the eastern extension of the Yarramba Palaeochannel, which hosts the nearby Honeymoon uranium mine • JV with Teck Australia, PlatSearch, and Eaglehawk Consulting, where Marmota has
Slide 7: Junction Dam location
Junction Dam location Honeymoon Mine 7
Slide 8: Junction Dam – 2011 Phase 3 drilling
Junction Dam – 2011 Phase 3 drilling • Mineralisation confirmed from broad spaced drilling at the Bridget and Yolanda prospects immediately adjacent to Saffron. • Uranium mineralisation confirmed along New zones of 15km strike on Junction Dam open north uranium and south. mineralisation intercepted
Slide 9: Maiden Inferred Resource for Saffron
Maiden Inferred Resource for Saffron • 4.36 million tonnes of mineralisation* • Estimated to contain some 1,510 tonnes of U3O8 (3.33 million pounds) Saffron Inferred resource • Two mineralised sand layers of the Eyre New zones of uranium Formation (basal and upper) intersected mineralisation interce
Slide 10: Junction Dam first stage development strategy
Junction Dam first stage development strategy • South Australia, well established regulatory regime for uranium mining • Marmota has a robust and successful exploration methodology offering rapid growth of the resource base at Junction Dam • Marmota is focused on a path to ISL uranium production at
Slide 11: Western Spur Iron Project
Western Spur Iron Project MARMOTA Ambrosia Pundinya a jaro TARCOOLA, CEDUNA Marmota Energy Limited South Australia Exploration Licences 4 Prominent Hil (Olympic Dam * Mulyungarie/ Honey * PORT AUGUSTA 8" PORT ‘™) LINCOLN
Slide 12: Western Spur iron ore project overview
• Western Spur is located north east of Iron ore projects Lyndhurst in the north-east of South Australia covering approximately 393 square kilometres. • Iron ore outcrops located 13 km from the Strzelecki Track, a major arterial road servicing gas fields to the north. • Western Spur is considered to
Slide 13: Western Spur infrastructure and access
• Good road access • Rail infrastructure near by • Gas fields to the north, coal mine to the south. Rail line to coast 13
Slide 14: Iron ore outcrops at Western Spur
• A number of outcrops have been visually identified with iron ore mineralisation at Western Spur. • Surface expressions of a large zone extending for approximately 10 kilometres. • The iron mineralisation has been identified as haematite-goethite and massive haematite. Below: Photograph of haematit
Slide 15: Prospectivity
PROSPECTIVITY Marmota sample location 1981 WMC drillhole location • 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 metres of iron were inte
Slide 16: Significant scale of iron outcrop
Marmota 4WD Significant scale of iron outcrop, photograph from the top of the southern end of Outcrop 4 16
Slide 17: Down hole logging of Western Mining Corp drill holes
Down hole logging of Western Mining Corp drill holes • Western Mining Corp drilled a number of holes searching for manganese in 1981. • Twelve drill holes were located by Marmota on the large 3km long iron outcrop. • Ten holes were found to have remained open since being drilled in 1981. WMC drill h
Slide 18: Down hole logging results
Down hole logging results • Confirm iron mineralisation at depth. • Contrast between iron intervals and other rock types achieved where drill hole was not totally in potential iron mineralisation. • Result signatures typical of iron Gamma Density intercepts. Example log on the left Density from anot
Slide 19: Iron Exploration Target Assessment
South Australia iron ore projects comparison table (Source: PIRSA M20 Information sheet – October 2011) IRON EXPLORATION TARGET ASSESSMENT • Independent assessment of exploration results completed by Marmota during 2011 and previously by other exploration organisations including Western Mining Corp.
Slide 20: Western Spur strategy
Western Spur strategy • South Australia is the birthplace of the Australian iron ore and steel industry, and continues to play an important role as an iron ore and steel producer. • Western Spur is ideally located with iron outcrops nearby to major road infrastructure. • Marmota is focused on resour
Slide 21: Melton Copper-Gold Projects
Melton Copper-Gold Projects 21
Slide 22: Significant copper grades intersected at Melton
• 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 of silver up to 112.1
Slide 23: Miranda target
West • Miranda target is up to 3 km in length. 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 target is interpreted
Slide 24: Miranda Target – Large magnetic body extending to depth
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 as coloured disks. Int
Slide 25: Significant results from Phase 1 and 2 drilling of Miranda
Significant results from Phase 1 and 2 of drilling of the Miranda target include: Hole East North From m Interval m Cu % Au g/t Ag g/t MIRDD01 (Phase 773860 6219295 451 21 0.11 1.02 1) MIRDD04 (Phase 773835 6219245 432 4 0.15 1 1) 463 4 0.13 0.9 487 3 0.26 3.56 MIRDD05 (Phase 773832 6219146 438 1 0.
Slide 26: Forward Plan
Forward Plan • Petrological assessment of mineralised samples from key intercepts. • Reassessment of shallower intervals of drillholes for potential further assay. • Phase 3 drilling program to more clearly MELTON PROJECT delineate the potential high grade mineralised zones discovered by Marmota at
Slide 27: Nevada Gold Projects
Nevada Gold Projects Angel Wing • Marmota Energy in strategic partnership with high grade gold producer Ramelius Resources Limited (ASX: RMS) for gold project generation in the gold fields of Nevada. • The latest results, from a 15-hole drilling program returned consistent gold intercepts in multipl
Slide 28: Angel Wing surface sampling and drilling results
• 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 232ppm Ag). • 2011, drill holes
Slide 29: Summary
Summary Junction Dam uranium • Growth of the maiden resource at the Saffron deposit. • Significant expansion potential identified at Bridget and Yolanda prospects. Western Spur iron ore • Planning geophysical surveys and drill testing in 2012. Melton copper - gold • Phase 3 exploration being planned
Slide 30: Marmota Energy Limited ASX Code: MEU
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 Geoscientists. Mr Calandro is empl
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