Australia's Marmota soars on improved gold drilling results in SA

Marmota

13/12/2023 03:43

** Shares of mineral explorer Marmota  MEU.AX  rise as much
as 9.1% to A$0.048, its best day since Oct. 26, if current gains
hold 
    ** Gold, copper and uranium explorer says re-drilling of 10
diamond holes in Aurora Tank, South Australia shows 58% increase
in gold mineralised core with multiple high-grade intersections 
    ** Almost one mln shares change hands, compared with the
30-day average volume of 844,347 
    ** Stock has fallen 8.3% this year, as of last close

 (Reporting by Sneha Kumar)
 ((Sneha.Kumar@thomsonreuters.com;))