Marmota Limited · ASX:MEU
Marmota — Marmota Energy — Australian Uranium Conference 2011
29 slides from Marmota's conference presentation, Jul 21, 2011
Slide 1: Marmota Energy Limited Uranium Projects
MARMOTA ENERGY For personal use only LIMITED Uranium Projects Australian Uranium Conference, Fremantle WA July 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 18 July 2011) A$11 m Cash (at 31 March 2011) A$7.28 m Brief Corporate History • Listed on the ASX November 2007 from Monax exploration uranium assets • 2008 – 9 Improved exploration licence position, obtainin
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: 2007 uranium projects
For personal use only 2007 uranium projects 5
Slide 6: 2011 uranium projects
For personal use only 2011 uranium projects 6
Slide 7: Today's Presentation: Marmota key uranium projects
For personal use only Today's Presentation Marmota key uranium projects 7
Slide 8: 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 9: Junction Dam location
Junction Dam location For personal use only Honeymoon Mine 9
Slide 10: 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 11: 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 12: 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 13: 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 14: 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 15: 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 16: Junction Dam – 2011 Phase drilling
Junction Dam – For personal use only 2011 Phase 3 drilling New zones of uranium mineralisation intercepted in the first weeks of Phase 3 drilling. • Mineralisation confirmed from broad spaced drilling at the Bridget prospect immediately north of the Saffron prospect along an additional 4km strike. •
Slide 17: 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. COMPLETED 2011 • Commence acquisition of ground EM data over Bridget prospect • Assessment of results,
Slide 18: 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 19: Lake Frome Uranium Projects – Lake Coonee
For personal use only Lake Frome Uranium Projects Lake Coonee (EL 4252)
Slide 20: 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 21: Lake Frome Uranium Projects Prospectivity
Lake Frome Uranium Projects For personal use only Propsectivity • Drill holes intercepting prospective Namba formation and mapped palaeochannels that host the nearby Beverley uranium mine. 21
Slide 22: For personal use only
For personal use only • Drill holes with confirmed prospective Eyre Formation sediments and mapped palaeochannels that host the nearby world class Four Mile uranium deposit and Honeymoon uranium mine. 22
Slide 23: 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 24: Pundinya Uranium Project
Pundinya Uranium Project For personal use only 24
Slide 25: 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 26: 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 27: 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 28: Summary
Summary For personal use only Junction Dam • Maiden resource calculation at the Saffron prospect. • Significant expansion potential identified at Bridget prospect. Pundinya • High grades intercepted. • Roll out of successful exploration methodology. • Significant expansion potential. Frome uranium p
Slide 29: 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