Marmota Limited · ASX:MEU

Marmota — Shareholder Meeting (November 2016)

21 slides from Marmota's shareholder meeting presentation, Nov 8, 2016

  1. Slide 1: Exploration Update

    EXPLORATION UPDATE Peter Thompson Technical Director

  2. Slide 2: Disclaimers

    DISCLAIMER Disclaimers This presentation has been prepared by Marmota Energy Limited (“MEU”). The information contained in this presentation is a professional opinion only and is given in good faith. Certain information in this document has been derived from third parties and though MEU has no reaso

  3. Slide 3: 2 Areas of Focus in 2016

    isrove eroce se908 teeroce fad MARMOTA ENERGY LIMITED Exploration Licences South Australia 2°00'S L COOBER PEDY GAWLER CRATON GOLD Challenger ‘/ i Prominent Hill Four Mile Beveriey soro0's L frOlympic Dam SOUTH AUSTRALIA NEW SOUTH WALES JUNCTION DAM xcarrapateend URANIUM Goulds Dam® Honeymoon*® COs

  4. Slide 4: Gawler Craton Gold

    Gawler Craton Gold • Tenements are under-explored • Portfolio expanded • Systematic approach introduced • Target – all land covered by a calcrete sampling grid of at least 800m x 800m where possible • Understanding of cover depth vs calcrete anomaly amplitude • Calcrete sampling an aide to explorati

  5. Slide 5: Gawler Craton Portfolio expanded

    Gawler Craton Portfolio expanded 2015 2016 5

  6. Slide 6: 5,776 Sq Kms of Tenure

    5,776 Sq Kms of Tenure ‘6720000 y Camel 700000 660000 nh \ Apne no ae I siciincieetsaon [_] orsomtacene icone [a osteatacene Pattee [J osreotocsre socene [| orr2 sate Cretaceous [Tan reo cetortecusPorion [7 atess msoeoarzle [nd] eco rates esopreroicie [Ti 200 oeoptoise [TDD] 2100 serovar tlncprotecn

  7. Slide 7: Historical Calcrete sampling

    Historical Calcrete sampling 7

  8. Slide 8: Western Block Calcrete Sampling

    Western Block Calcrete Sampling 8

  9. Slide 9: Systematic process to discovery

    Systematic process to discovery 9

  10. Slide 10: Aurora Tank Now 100% Marmota

    Aurora Tank Now 100% Marmota Historical calcrete sampling (black dots) and RC drilling (red dots) – pre 2011 10

  11. Slide 11: Aurora Tank 2015 Drilling – Gold Dispersion

    Aurora Tank 2015 Drilling – Gold Dispersion Cross section along 2015 Line 1 (412025mE) illustrating halo of secondary gold mineralisation developed over steeply dipping shoot of primary mineralisation [Source: Apollo Minerals ASX Release 19 October 2015 11

  12. Slide 12: Goshawk Drilling September 2016

    Goshawk Drilling September 2016 12

  13. Slide 13: Goshawk Drilling September 2016

    Goshawk Drilling September 2016 13

  14. Slide 14: Goshawk Drilling September 2016

    Goshawk Drilling September 2016 14

  15. Slide 15: Goshawk Drilling Drill Chips

    Goshawk Drilling Drill Chips 15

  16. Slide 16: West Melton – Champion Copper Prospect

    West Melton – Champion Copper Prospect • Champion Copper Prospect discovered 2014 • High grade, shallow copper mineralisation • Grades up to 2.92% copper • Exploration Target* 16 June 2016: • 1 to 4 million tonnes at 1.0% to 1.5%Cu • eight open intersections in the areas drilled • only includes seco

  17. Slide 17: West Melton – Champion Copper Prospect

    West Melton – Champion Copper Prospect Best copper results from 2014 drilling*: • WMAC003: • 10m @ 1.12% Cu from 15m • 15m @ 1.29% Cu from 29m - including 29m @ 1.05% Cu. • WMAC007: • 30m @ 1.12% Cu from 9m - including 12m @ 1.5% Cu • 3m @ 2.1% Cu from 24m. • WMAC024: • 19m @ 1.16% Cu from 48m to en

  18. Slide 18: West Melton – Champion Copper Prospect

    West Melton – Champion Copper Prospect Champion prospect – Section Line C [see MEU ASX Release 16 June 2016] 18

  19. Slide 19: Champion Copper Prospect – Establishing Resources

    Champion Copper Prospect – Establishing Resources Forward exploration program likely to include*: - IP geophysical survey - Phase 1: 3,055 metres RC drilling (orange dots as shown on figure to left) and 2,275 metres RC drilling (yellow dots as shown on figure to left); and - Phase 2: infill RC drill

  20. Slide 20: Exploration Focus Aligned With Shareholder Value

    Exploration Focus Aligned With Shareholder Value 20

  21. Slide 21: www.marmotaenergy.com.au

    www.marmotaenergy.com.au 21

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