Latest Marmota (ASX:MEU) News

Speculative small caps drove the week, with Tasman Resources, Solis Minerals and Lithium Energy leading the board after funding, drilling and asset sale updates. At the other end, ASX Ltd and Arafura Rare Earths fell hard as investors reacted to higher costs and fresh equity issuance.

Small-cap materials stocks swung hard as fresh funding, mine build decisions and standout drill hits drove the week’s biggest moves. Gold, lithium, rare earths and tungsten names all drew buying, while a few raisings and weak follow-through after trading halts kept losses sharp.

Marmota Limited’s maiden drilling at Greenewood delivers exceptional high-grade gold assays, including multiple hits over 40 g/t and thick mineralised intersections. The discovery remains open along strike and at depth as Stage 3 drilling advances.

Marmota Limited has launched an extensive maiden drilling campaign targeting the southern Mainwood extension of its Greenewood gold discovery in South Australia’s Gawler Craton, aiming to expand the mineralised strike to 2km.

Marmota Limited is set to embark on a substantial drilling campaign targeting the southern Mainwood extension of its Greenewood gold discovery in South Australia's Gawler Craton, aiming to expand the mineralised strike to 2km.

Marmota Limited has finalised the drill program design for its Target 4 uranium prospect at Junction Dam, targeting a previously untested palaeochannel extension near Boss Energy’s Jason resource. The company also addresses a legal challenge to its tenement, reinforcing its strong position ahead of a major exploration push.

Rare earths and gold dominated the tape, with one small-cap rare earth explorer ripping more than 70% on a single drilling headline. Gold producers, meanwhile, kept turning high bullion prices into dividends, buy-backs and bigger balance sheets.

Marmota Limited’s maiden drilling program at Greenewood in South Australia reveals bonanza-grade gold and extensive mineralisation, with follow-up drilling set to expand the discovery further.

Marmota Limited has raised $15 million through a well-supported placement, aiming to fast-track exploration at its promising Gawler gold project. The capital injection comes with strong institutional backing and sets the stage for upcoming drilling campaigns.

Small caps did the heavy lifting this week, led by two big discovery stories in resources. Funding raises and takeover moves kept attention on who can pay for the next step, not just promise it.

Speculative money piled into new discoveries and tight-supply metals, while a handful of small caps were sold hard on thin liquidity. The week’s biggest moves came from PGMs and tungsten on the way up, and micro-cap gas on the way down.

Marmota Limited has reported a striking 900-metre-long high-grade gold discovery at its Greenewood prospect, significantly expanding its Gawler Gold Project in South Australia. The company’s maiden drilling program delivered exceptional assay results, setting the stage for an upcoming scoping study.