Projects Overview
The Gawler Craton gold project comprises 7 adjacent gold deposits, including Marmota’s flagship Aurora Tank gold discovery, Campfire Bore, Golf Bore, Greenewood and Mainwood. The most advanced of these is Aurora Tank featuring outstanding gold intersections with multiple bonanza grades exceeding 100 g/t gold over 1m all close to surface with excellent metallurgical properties.
Junction Dam is Marmota’s flagship uranium project on the tenement immediately adjacent to the Boss Honeymoon uranium mine, being 1 of only 3 operating uranium mines in Australia.
There is already a JORC Uranium Resource at Junction Dam of 5.4 million pounds (Saffron area) at an average grade of 557 ppm U3O8 and an Exploration Target of 22 to 33 million lbs U3O8.