Overview of Marmota Limited's gold drilling program update

Marmota Limited (ASX: $MEU) is set to commence a gold drilling program at Campfire Bore, Aurora Tank, and Goolagong. The program, fully approved and about to begin, will involve more than 130 holes, including the first drilling at Campfire Bore in 8 years. The company's team is already on site preparing tracks, drill collars, and sumps, with driller mobilisation expected later this week due to heavy rainfall over the weekend.

Executive commentary on the gold drilling program update

Marmota Chairman, Dr Colin Rose, expressed his delight, stating, 'Golden Moon complements Aurora Tank brilliantly. We are delighted to get drilling.'

Summary of Marmota Limited's gold drilling program update

Marmota Limited (ASX: $MEU) is gearing up for an extensive gold drilling program at Campfire Bore, Aurora Tank, and Goolagong, with significant potential for growth. The program, which includes the first drilling at Campfire Bore in 8 years, aims to capitalize on the current gold price, which is more than double the price at the time of the last resource work in 2018. The proximity of the Golden Moon JV gold deposits to Marmota's flagship Aurora Tank gold discovery presents attractive economies of scope and scale. Dr. Colin Rose's positive outlook on the drilling program reflects the company's enthusiasm for the upcoming activities.