Marmota Limited (ASX:MEU)

ALERT: Price-sensitive ASX Announcement for MEU

Current share price for MEU : $0.076 0.01 (15.15%)⁺

Announcement

Quarterly Activities and Cashflow Report

Release

27 Oct 2025 8:28AM

Price at Release

$0.066

Full Release

Summary

Marmota Limited's Quarterly Activities and Cashflow Report for September 2025 highlights significant developments in their exploration activities and financials. The maiden drilling program at the Greenewood gold discovery in the Gawler Craton yielded exceptional gold grades, marking one of the best results since the Challenger deposit discovery in 1995. The program identified a nearly continuous high-grade mineralization over 900 meters. Financially, the report details cash flows, indicating net cash from operations at -$73,000 and significant investment in exploration. The cash balance at the end of the period was $3.702 million. Marmota continues to focus on expansions, with a strong emphasis on gold and titanium projects in South Australia. The company holds significant interests in several granted tenements, underscoring its commitment to growth in the region.

Key Points

Exceptional drilling results at Greenewood gold discovery.
Net cash from operations: -$73,000.
End of period cash balance: $3.702 million.
Focus on gold and titanium projects in South Australia.
Significant tenement interests in the Gawler Craton.

IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.