Marmota Limited (AU:MEU) has released an update.
Marmota Limited has announced the completion of a drill program design for a significant uranium exploration target named Yolanda, within their Junction Dam Uranium Project, which neighbors Boss Energy’s Honeymoon Uranium Mine. The Yolanda target spans over 8km in length and 1km in width, promising high-grade uranium mineralization that has been underexplored due to previous drillings missing the key areas. This new exploration could substantially increase the uranium resources for Marmota at Junction Dam.
For further insights into AU:MEU stock, check out TipRanks’ Stock Analysis page.