Marmota Limited · ASX:MEU
Marmota — Marmota Energy — Investor Presentation (November 2009)
22 slides from Marmota's investor presentation, Nov 26, 2009
Slide 1: Marmota Energy Limited
For personal use only MARMOTA ENERGY LIMITED 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: Integrated precious metal and uranium exploration specialist
For personal use only Integrated precious metal and uranium exploration specialist offering shareholders exposure to a pipeline of discovery opportunities.
Slide 4: Exploration Tenure
Exploration Tenure For personal use only • Access to 12,000 km2 • Ground with listed uranium and gold occurrences • Duel gold ‐ uranium exploration target focus • Projects strategically located in established mineral domains, close to mine infrastructure
Slide 5: Key project action list
Key project action list Name Rationale For personal use only Melton • IOCG potential in light of nearby Rex Minerals discovery • Strategically located • Low cost exploration with a high discovery potential • Moderate risk, medium term • Within acknowledged region of Curnamona mineralisation with est
Slide 6: Melton Copper – Gold Project
For personal use only Melton Copper – Gold Project • Marmota Energy has launched its exploration program on the Melton project covering the northern part of the Pine Point Fault on South Australia’s Yorke Peninsula. • A high resolution airborne geophysical survey was completed to improve the definit
Slide 7: Five exploration targets
For personal use only Five exploration targets Old data New data
Slide 8: For personal use only
For personal use only • Reprocessing of magnetic data has improved definition of the Pine Point Fault (PPF) within the Melton Project. • Distinctive target anomalies adjacent to the PPF have improved definition. • Individual structures within each of the target anomalies are defined, which are criti
Slide 9: Forward Plan
For personal use only Forward Plan Timing Action November 2009 Processing and modelling of magnetic data December 2009 Phase 1 ground gravity survey January 2010 • Phase 2 ground gravity survey • Infill ground magnetic survey February 2010 Drill testing of anomalies
Slide 10: Mulyungarie - Frome Uranium Projects
For personal use only Mulyungarie ‐ Frome Uranium Projects • Best uranium address in South Australia • Background levels in this region are higher than elsewhere in South Australia • First phase drilling completed by Marmota intersected multiple occurrences of uranium on the Mulyungarie project near
Slide 11: Gamma log trace from drill hole MURM0124
MARMOTA ENERGY GAMMA LOG For personal use only TRACE FROM DRILL HOLE MURM0124 Roll front uranium schematic model cross section overlain by downhole gamma trace from drill hole MURM0124. (Adapted from published sources) Drillhole locations with eU3O8* grades over Bouguer gravity image. *Equivalent gr
Slide 12: Junction Dam Uranium JV
Junction Dam Uranium JV • Extends our footprint in best uranium address in South Australia For personal use only • JV with Teck Australia, PlatSearch, and Eaglehawk Consulting where Marmota can earn 51% of the uranium rights on Junction Dam • Junction Dam covers the eastern extension of the Yarramba
Slide 13: 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. • Gravity defined 20 km extent of the Yarramba Palaeochannel.
Slide 14: Junction Dam Drilling Results
For personal use only Junction Dam Drilling Results • 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 ppm (JDRM0118) and ave 889
Slide 15: Junction Dam peak grade comparison
For personal use only Junction Dam peak grade comparison (eU3O8 )ppm Mullaquana Oban Uranium Honeymoon Junction Dam Uranium Project uranium Project Project 2,322 ppm 4,400 ppm 4,000 ppm 7,551 ppm
Slide 16: Junction Dam project potential comparison
Junction Dam project potential comparison For personal use only Company Project Country Mining Depth of Resource ‐ Grade ppm Method Mineralisation Inferred contained Mlb UraniumSA Blackbush / South ISR 40‐60 5.40 225 Mullaquana Australia Curnamona Oban South ISR 80‐90 4.20 260 Energy Australia Marmo
Slide 17: Junction Dam – Honeymoon scale comparison
Junction Dam – Honeymoon scale comparison For personal use only Marmota drill holes Target area 1 Honeymoon development
Slide 18: Forward Plan
For personal use only Forward Plan Timing Action November 2009 Reconnaissance drilling December 2009 Detailed logging of drill core and samples January ‐ February 2010 Assessment of results and program planning for definition drilling March 2010 Definition drilling start
Slide 19: Aurora Tank Gold Project
For personal use only Aurora Tank Gold Project • 100% owned by MEU • ‘Aurora Tank’ is located approximately 100 km southwest of Coober Pedy, South Australia. • Good potential for Archaean ‘Challenger’ style gold mineralisation and covers a prominent magnetic anomaly interpreted as banded iron format
Slide 20: Agreement with Ramelius Resources for gold project generation in the US
AGREEMENT WITH HIGH‐GRADE GOLD PRODUCER RAMELIUS For personal use only RESOURCES FOR GOLD PROJECT GENERATION IN THE UNITED STATES Marmota and Ramelius in alliance for gold project generation in Nevada • Marmota Energy Limited has entered into an agreement with Ramelius Resources Limited for gold pro
Slide 21: Summary
For personal use only MARMOTA ENERGY LIMITED SUMMARY • Planned exploration across MEU’s stable of projects including Melton, Junction Dam – Mulyungarie, Lake Frome and Aurora Tank • Drilling contractors available and enthusiastic about working on MEU projects. • Parallel drilling programs from early
Slide 22: Marmota Energy Limited – ASX Code MEU
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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