re: Ann: Marmota achieves full earn-in on Mel... Sydney - Wednesday - March 24: (RWE Aust Business News) - Marmota
Energy (ASX:MEU) has moved to a 50 per cent share of the Melton
copper-gold project, Yorke Peninsula in South Australia.
Marmota has satisfied the total earn-in commitment on the project
ahead of schedule as part of its agreement with
Monax Mining (ASX:MOX).
Drilling is currently underway on the Marmota tenements
to test the first large-scale IOCG target - Miranda - indentified by the
high-resolution geophysical surveys.
Drilling is progressing well and is expected to be completed
within 10 weeks.
Reuters.
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