Marmota buys in to bright uranium future

摘要

Marmota Energy Ltd is bucking the trend. As a long list of junior uranium companies slowed their exploration activity and drilling programmes or exited the space entirely, the South Australian-based explorer showed its faith in the commodity by acquiring more tenements in its home state early this year. Marmota executed a sale and purchase agreement with Monax Mining Ltd on January 30 which helped its subsidiary company, Marmosa, pick up 100% mineral rights to the promising Mulyungarie tenement.