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Marmota Secures $15M to Accelerate Gawler Gold Drilling

9:00am on Thursday 12th of February, 2026 AEDT Mining
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Marmota Secures $15M to Accelerate Gawler Gold Drilling

9:00am on Thursday 12th of February, 2026 AEDT
Key Points
  • Raised $15 million via single-tranche placement at 13.5 cents per share
  • Over 80% of shares taken up by institutional and sophisticated investors
  • Funds primarily allocated to advancing the Gawler gold project drilling
  • Drilling at Mainwood scheduled to commence in March 2026
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