Marmota Limited (ASX: $MEU) Drill Program Announcement

Marmota Limited (ASX: $MEU) has completed the drill program design for the Bridget area at its 100% owned Junction Dam Uranium Project. The program aims to prove up enormous uranium potential, featuring two distinct uranium-bearing formations from two distinct geological ages. The company plans to increase the total number of drill holes over the Bridget area from 43 to 157, with the goal of enabling a maiden uranium JORC resource over the Bridget area, immediately north of Marmota's existing uranium JORC resource at Saffron.

Executive Commentary on Bridget Drill Program

We are delighted to complete the drill planning over Bridget. Bridget is more exciting than we could possibly have imagined. It has completely changed our concept of the size and scope of uranium mineralisation at Junction Dam. In particular, the revelation that there is not one, but two uranium systems of different ages, both fortuitously coincident at Bridget, AND the existence of what appears as a huge 20m high stacked uranium roll front AND the existence of Beverley-style mineralisation are all enormously exciting developments which this program is designed to prove up. We have just 2 more zones (Yolanda and Jasons) to complete all drill planning at Junction Dam, as we await the necessary clearances.

Summary of Marmota's Bridget Drill Program

Marmota Limited (ASX: $MEU) has unveiled its completed drill program design for the Bridget area at its Junction Dam Uranium Project. The program aims to prove up enormous uranium potential, featuring two distinct uranium-bearing formations from two distinct geological ages. The company plans to increase the total number of drill holes over the Bridget area from 43 to 157, with the goal of enabling a maiden uranium JORC resource over the Bridget area, immediately north of Marmota's existing uranium JORC resource at Saffron. The revelation of two uranium systems of different ages, the existence of a huge 20m high stacked uranium roll front, and Beverley-style mineralisation are all enormously exciting developments. Marmota's ambitions to complete all drill planning at Junction Dam, pending necessary clearances, indicate a strong focus on advancing its uranium exploration endeavors.