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Marmota Limited (ASX:MEU)

ALERT: Price-sensitive ASX Announcement for MEU
Current share price for MEU : $0.074 0.008 (12.12%)+
Announcement
Release
18 Nov 2025 4:53PM
Price at Release
$0.066
Full Release
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Summary
The document is a presentation update from Marmota Limited regarding the Gawler Gold Scoping Study. It outlines the contributions from various consulting firms in exploration geology, resource estimation, mining engineering, and other areas. The study aims to establish a heap leach processing facility with a capacity of processing 1.0 Mtpa for a minimum of seven years, pending further optimizations. Key areas of focus include mining optimisation and scheduling, metallurgical testing stages, and the development of process engineering criteria. The timeline indicates completion of the scoping study by the end of the first quarter of 2026, with various activities outlined in a detailed schedule.
Key Points
  • Scoping Study Update for Gawler Gold by Marmota Limited.
  • Exploration, resource estimation, and mining engineering are key components.
  • Goal to establish a regional heap leach processing facility of 1.0 Mtpa.
  • Completion of scoping study expected by the end of March Quarter 2026.
  • Detailed schedule outlined for various project activities.
  • Stage 1 testing completed, Stage 2 in progress for metallurgical confirmation.
  • Capital and operating cost estimates to be determined with +/- 30% accuracy.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.