Marmota Limited Initiates Stage 2 Drilling at Greenewood Gold Project
Marmota Limited has announced the start of Stage 2 drilling at its Greenewood gold project, following successful results from the initial phase. This new drilling aims to further investigate high-grade gold intersections, potentially strengthening Marmota's position in the gold mining sector. The company, focused on gold exploration in South Australia, has a current market cap of A$71.88M and a strong buy technical sentiment signal.
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An announcement from Marmota Limited ( (AU:MEU) ) is now available.
Marmota Limited has announced the commencement of Stage 2 drilling at its Greenewood gold project, following impressive results from the initial drilling phase. The new phase aims to further explore the high-grade gold intersections discovered, potentially enhancing Marmota’s position in the gold mining sector and offering promising implications for stakeholders.
More about Marmota Limited
Marmota Limited is a company operating in the mining industry, focusing on gold exploration. Its primary project is the Greenewood gold discovery in the Gawler Craton, South Australia, known for yielding high-grade gold results.
Average Trading Volume: 3,272,509
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$71.88M
For an in-depth examination of MEU stock, go to TipRanks’ Overview page.
