Marmota Limited · ASX:MEU
Marmota — Marmota Energy — Shareholder Meeting (November 2008)
30 slides from Marmota's shareholder meeting presentation, Nov 14, 2008
Slide 1: Managing Director's Address (speech text)
For personal use only MANAGING DIRECTOR’S ADDRESS Good morning ladies and gentlemen, The past year has been a very exciting and productive year for Marmota Energy. The presentation I will make today will review Marmota’s significant tenement position focusing predominantly on its key projects in Sou
Slide 2: Managing Director's Address (speech text, continued)
Utilising this data, Marmota designed and completed a phase 1 - 75 hole drilling program targeting palaeochannel hosted sedimentary uranium. Samples were sent for chemical assay, and results are starting to be received. Results from Marmota’s first target area (Dusty Bore) have returned positive ura
Slide 3: Thank you
In closing I would like to thank the Chairman and Directors of Marmota Energy for their support and enthusiasm in Marmota’s exploration programs and especially the staff of Marmota for their hard work and commitment to achieving our goals for discovery. For personal use only Thank you Dom Calandro M
Slide 4: Marmota Energy Managing Director's Address
For personal use only MARMOTA ENERGY MANAGING DIRECTOR’S ADDRESS Dom Calandro Managing Director
Slide 5: Forward Looking Statements
For personal use only MARMOTA ENERGY 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
Slide 6: Corporate Strategy
MARMOTA ENERGY CORPORATE STRATEGY For personal use only Multi commodity explorer with a primary focus on the discovery and development of large tonnage, low operating cost uranium systems.
Slide 7: Our Exploration Priorities
For personal use only MARMOTA ENERGY OUR EXPLORATION PRIORITIES • Tertiary palaeochannel sandstone hosted rollfront uranium in the prospective Gawler Craton and Curnamona Province areas. • Sandstone hosted uranium in prospective sedimentary sheets overlying or onlapping the cratons. • Unconformity a
Slide 8: Projects covering approximately 10,000 km2
For personal use only MARMOTA ENERGY 15 projects covering approximately 10,000 km2 ¾ 15,000 line km of TEMPEST AEM ¾ 8000 gravity stations ¾ 28,000 line Km of Mag / Spec ¾ 4,375 metres of drilling
Slide 9: Key Projects Discussed Today
For personal use only MARMOTA ENERGY KEY PROJECTS DISCUSSED TODAY ¾AMBROSIA - MULGATHING ¾WADDIKEE ¾MULYUNGARIE
Slide 10: Ambrosia - Mulgathing
For personal use only AMBROSIA - MULGATHING
Slide 11: Ambrosia - Mulgathing
AMBROSIA - MULGATHING • EL 3684 (Mulgathing), EL 3358 (Ambrosia) For personal use only •Located 100 Km North west of Tarcoola • 1000 square Km’s Potential for : • Sandstone-hosted rollfront uranium in Tertiary palaeochannels • Shallow IOCGU basement mineralisation
Slide 12: Ambrosia - Mulgathing
For personal use only AMBROSIA - MULGATHING • No uranium exploration on this EL since the early 1970’s • Mostly small pockets of base metal exploration • Lack of exploration scale data coverage across the whole EL
Slide 13: Ambrosia - Mulgathing gravity data
For personal use only AMBROSIA - MULGATHING EALBARA WARRIOR • High resolution gravity data acquired • Good definition of channel system • Efficient reconnaissance tool
Slide 14: Ambrosia - Mulgathing TEMPEST AEM
For personal use only AMBROSIA - MULGATHING 8 Km • TEMPEST AEM data acquired over the tenement. • 400 metre line spaced N-S 43 Km • Significantly improving the definition of the main channel and tributaries • Better definition of basement targets
Slide 15: Ambrosia - Mulgathing drilling and biogeochemistry
For personal use only AMBROSIA - MULGATHING Uranium Phase 1, 75 hole reconnaissance drilling program completed. Main focus was sedimentary uranium Biogeochemistry Predrilling biogeochemical sampling program confirm the presence of U, V, and Au.
Slide 16: Ambrosia - Mulgathing assay results
For personal use only AMBROSIA - MULGATHING Drillhole samples currently undergoing chemical assay. Results received to date show uranium present in some holes, warranting Phase 2 further follow-up. More results due over the coming weeks
Slide 17: Ambrosia - Mulgathing oil potential
AMBROSIA - MULGATHING Oil Potential For personal use only Significant intervals of carbonaceous shale were also intersected. Samples yielded positive results for hydrocarbon content. • Consistent intersections in 3 traverses spaced approximately 15km apart • Thickest interval intersected was 120 met
Slide 18: Ambrosia - Mulgathing IOCGU potential
AMBROSIA - MULGATHING IOCGU potential For personal use only • Significant reprocessing and modeling has been completed using the high quality data acquired by Marmota. • A number of potential basement targets have been identified, shown as white in the image. • Significant review is underway of the
Slide 19: Waddikee
For personal use only WADDIKEE
Slide 20: Waddikee
For personal use only WADDIKEE Previous company exploration found vein type, primary uranium in fault breccias. Radiometric data show significant areas of anomalous uranium on Waddikee. They are located in the areas shown as the white response on the radiometric map. Marmota believes that Waddikee i
Slide 21: Waddikee AEM data
For personal use only WADDIKEE Airborne Electromagnetic data flown has defined a major channel system as shown Draping the radiometric data over the AEM helps identify which radiogenic anomalous features extend at depth, and helps identify potential erosion patterns Sample 5025 and 5026 returned ano
Slide 22: Mulyungarie
For personal use only MULYUNGARIE
Slide 23: Mulyungarie
MULYUNGARIE ¾Project region unexplored for uranium since 1970’s For personal use only ¾Yarramba channel that hosts the Honeymoon Uranium deposit flows onto EL 3910 ¾7th Marmota tenement that has palaeochannels confirmed so far. ¾Strong potential for large tonnage, shallow sedimentary uranium. Above:
Slide 24: Mulyungarie
For personal use only MULYUNGARIE ¾ Micro gravity completed ¾ Detailed radon surveys and ¾ Free of native title sampling program planned ¾ Micro gravity completed ¾ Drilling planned for ¾ Drilling planned for 3Q 2008 1Q 2009 Km Previous data coverages were ambiguous in delineating the extent to whic
Slide 25: MEU Data
MARMOTA ENERGY MEU Data For personal use only
Slide 26: Radon Surveys
For personal use only RADON SURVEYS Marmota Energy has acquired a Pylon Radon Detector. The equipment is the only one of its type in Australia, and has been used successfully in uranium exploration in North America, and Canada. A number of surveys have been designed over Marmota projects which will
Slide 27: Lake Frome ELA's
LAKE FROME ELA’s ¾9 additional areas in the prospective Lake Frome region For personal use only ¾100% owned by MEU ¾U, Pb, Zn, Cu, Au mineral potential ¾Both Namba and Eyre formations present which host the Beverley and Honeymoon uranium mines ¾Historic exploration has yielded anomalous uranium in r
Slide 28: Summary
SUMMARY ¾ High resolution gravity infill surveys , and AEM surveys were completed over Marmota exploration For personal use only licenses reducing exploration risk. ¾ New data successfully mapping out new palaeochannels prospective for sandstone-hosted uranium and identified basement targets. ¾ Phas
Slide 29: Exploration Program
For personal use only EXPLORATION PROGRAM Timing Action Tenement Project Name Late 2Q - 3Q 2008 Drilling COMPLETED EL 3358, EL 3684 Ambrosia, Mulgathing Mulyungarie, Ambrosia, 4Q 2008 Radon Surveys EL 3910, EL 3358, EL 3355, Southern Eyre Peninsula, 3356, 3561, EL 3357 Waddikee 4Q 2008 Geochemical E
Slide 30: Marmota Energy
For personal use only MARMOTA ENERGY