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Marmota Energy is a newly formed uranium exploration company that aims to capitalise on and add value to, its joint ventures with Monax Mining Limited.
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An energetic and highly competent small company focused on delivering shareholder returns via the discovery of economic uranium deposits in South Australian palaeochannel and sedimentary basin settings, unconformity style and IOCGU deposits.
Marmota has the advantage of the expertise of one of South Australia’s most eminent scientists in the principles of sedimentary basin and palaeochannel geology in southern Australia.
Our primary focus is the discovery of large tonnage, low operating cost uranium systems. In Australia, these predominantly occur within sandstone-hosted deposits and tenements in which Marmota has an interest are dominated by such potential deposits.
Marmota’s tenement interests cover in excess of 7,000 square kilometres in the Gawler and Curnamona Cratons.
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29/04/09: March 2009 Quarterly Activities & Cashflow Report