Marmota pumps the pedal on SA gold play
Uranium, titanium and gold explorer Marmota Limited will hit the fast lane with its flagship Gawler gold project in South Australia, after a trio of game-changing developments persuaded the company to put its foot on the gas at the project's near-surface bonanza-grade gold resource.
Management says whilst its uranium and titanium projects will continue to advance, for now however, it will shift its focus sharply to gold at Gawler where it says it has the quickest opportunity to get into cashflow at a time of record gold prices.
Key to this focus will be the company's Aurora Tank gold prospect, part of a vast 10,000 square kilometre gold hub held by Marmota in South Australia's revered Gawler Craton.
The company's recent metallurgical results at Aurora Tank - unveiled two weeks ago - delivered exceptional 93 per cent gold recoveries using low-cost column leach testing, which confirmed the project's economic potential and has unlocked a quick route to its all-important first cashflows.
'The results of the metallurgical test work have been very positive for the project.'
Marmota Limited chairman Dr Colin Rose
The metallurgical program was designed and managed by US-based Kappes Cassiday and Associates with Australian Minmet Metallurgical Laboratories performing the test work, including 31 composites from 197 metres of drill core.
Gold started leaching fast, with over 55 per cent extracted in just 10 days. After 59 days, tests on a moderately weathered sample hit the impressive 93 per cent recovery point using an 8mm crush.
Marmota Limited chairman Dr Colin Rose said: ' It has been a long wait for the results of the metallurgical test work but the outcomes have been very positive for the project.'
Exploration drilling at Aurora Tank has already picked up exceptional bonanza grades near surface.
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The Age
2 hours ago
- The Age
‘I'm not going to slam swimmers': Chalmers' surprising response to Magnussen's Enhanced Games quest
World Aquatics has threatened to ban current athletes who associate with the Enhanced Games or try to compete at next year's event in Las Vegas, even if they don't take performance-enhancing drugs. Enhanced Games boss Aron D'Souza has offered to pay the legal fees of swimmers who want to challenge World Aquatics' ruling. World Aquatics will pay swimmers US $20,000 (AUD $30,000) for each gold medal at next month's world championships in Singapore. There is also a world record bonus of US $30,000 (AUD $46,200). The total swimming prize pool is $4.2 million. The Enhanced Games will pay US $250,000 for each gold medal, plus a US $1 million bonus for world records in either the 50m freestyle or 100m sprint. 'I think it'd be pretty enticing for quite a lot of athletes,' Chalmers said. 'I think that swimmers have been underpaid for a very long time at the big competitions. I've never thought about it a huge amount because you do it for the love of swimming … there's not a lot of money to be made in it. 'Look at the guy that did break the world record and his wife coming out and saying he's been to four Olympics, been in two Olympic finals, been in the world championship final consistently … [the fact] he goes from making $5000 a year to a million in one race is incredible. 'I really hope that there is a shift and that we are able to get a little bit more prize money for what we do. It's threatening World Aquatics a little bit. 'That's why they've come out and said that they're banning swimmers, which yeah, fair enough. But also, those swimmers have come out and announced their retirement.' Australian head coach Rohan Taylor added: 'I'm just focused on this team ... and providing the right environment for them; a safe, clean sport. That's what we're about. I'm not really paying attention [to it].' Chalmers has been in great form since taking 12 weeks off after the Olympics, clocking a 100m freestyle time of 47.27 seconds at the Bergen Swim Festival in Norway in April. It was faster than his silver medal-winning performance in Paris (47.48). The 26-year-old is eyeing off a fourth Olympics in LA in 2028 and preparing for the birth of his first child later this year. Loading 'It was a massive shock for me [the time of 47.27]. I'm pretty confident that I'm swimming fast,' said Chalmers, who won 100m freestyle gold at the 2023 world championships. 'This could be the year, which is really exciting. 'Our goal is to be at the Olympics in 2028 together and have our daughter in the stands watching us. 'I truly believe it's achievable. If I didn't believe it was possible, I would have retired. I'm at nine Olympic medals. It would be amazing to get to 10.' Taylor said of Chalmers' swim: 'It made my day when I saw that. I was very happy for him.'
Sydney Morning Herald
2 hours ago
- Sydney Morning Herald
‘I'm not going to slam swimmers': Chalmers' surprising response to Magnussen's Enhanced Games quest
World Aquatics has threatened to ban current athletes who associate with the Enhanced Games or try to compete at next year's event in Las Vegas, even if they don't take performance-enhancing drugs. Enhanced Games boss Aron D'Souza has offered to pay the legal fees of swimmers who want to challenge World Aquatics' ruling. World Aquatics will pay swimmers US $20,000 (AUD $30,000) for each gold medal at next month's world championships in Singapore. There is also a world record bonus of US $30,000 (AUD $46,200). The total swimming prize pool is $4.2 million. The Enhanced Games will pay US $250,000 for each gold medal, plus a US $1 million bonus for world records in either the 50m freestyle or 100m sprint. 'I think it'd be pretty enticing for quite a lot of athletes,' Chalmers said. 'I think that swimmers have been underpaid for a very long time at the big competitions. I've never thought about it a huge amount because you do it for the love of swimming … there's not a lot of money to be made in it. 'Look at the guy that did break the world record and his wife coming out and saying he's been to four Olympics, been in two Olympic finals, been in the world championship final consistently … [the fact] he goes from making $5000 a year to a million in one race is incredible. 'I really hope that there is a shift and that we are able to get a little bit more prize money for what we do. It's threatening World Aquatics a little bit. 'That's why they've come out and said that they're banning swimmers, which yeah, fair enough. But also, those swimmers have come out and announced their retirement.' Australian head coach Rohan Taylor added: 'I'm just focused on this team ... and providing the right environment for them; a safe, clean sport. That's what we're about. I'm not really paying attention [to it].' Chalmers has been in great form since taking 12 weeks off after the Olympics, clocking a 100m freestyle time of 47.27 seconds at the Bergen Swim Festival in Norway in April. It was faster than his silver medal-winning performance in Paris (47.48). The 26-year-old is eyeing off a fourth Olympics in LA in 2028 and preparing for the birth of his first child later this year. Loading 'It was a massive shock for me [the time of 47.27]. I'm pretty confident that I'm swimming fast,' said Chalmers, who won 100m freestyle gold at the 2023 world championships. 'This could be the year, which is really exciting. 'Our goal is to be at the Olympics in 2028 together and have our daughter in the stands watching us. 'I truly believe it's achievable. If I didn't believe it was possible, I would have retired. I'm at nine Olympic medals. It would be amazing to get to 10.' Taylor said of Chalmers' swim: 'It made my day when I saw that. I was very happy for him.'
The Advertiser
2 hours ago
- The Advertiser
Leaders used as props in Trump's trashy show
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Having seen a procession of leaders displayed like trophies in the Oval Office, the host basking in all the attention, often treating them rudely, those seeking an audience ought to be careful about what they wish for. It's unlikely Friedrich Merz thought he'd get a front row seat to the unholy tantrum that was the Musk-Trump break-up. Also unlikely he'd hurry back for more of the same. HAVE YOUR SAY: Should world leaders maintain their dignity by declining audiences with Donald Trump? Do they risk becoming extras in Trump's trashy reality show? Are they pandering to his ego by beating a path to his door? Would ignoring Trump better serve their interests? Email us: echidna@ SHARE THE LOVE: If you enjoy The Echidna, forward it to a friend so they can sign up, too. IN CASE YOU MISSED IT: - An Australian man detained in an Iraqi prison for nearly four years has been released on bail. Engineer Robert Pether was granted conditional release after being detained on misrepresentation and fraud charges. - Families of six children killed in a primary school jumping castle accident in Tasmania are angry and in disbelief after a court dismissed a workplace safety charge against its operator. - Armed with bollards and bravery, French nationals Damien Guerot and Silas Despreaux confronted Joel Cauchi amid his stabbing rampage at a busy mall in broad daylight where he killed six dead in five minutes. They were awarded the Ordre National du Merite, one of France's highest distinctions, for their courageous efforts on April 13, 2024. THEY SAID IT: "Nothing is more despicable than respect based on fear." - Albert Camus YOU SAID IT: When problems are always presented as insurmountable, we stop looking for solutions, falling victim to doomsday fatigue, wrote Garry. "I wish, those who suffer doomsday fatigue stayed in bed and slept it off instead of doing things like getting on a plane to escape to somewhere else or driving around in fat SUVs, and those who understand what's going on actually did what's most effective to avert disasters," writes Horst. "Doomsday fatigue is real (also under other names like 'collapse awareness'), but it can and should be worked through," writes Alex. "When facing the environmental facts, it is useful to think of the stages of grief: denial, anger, bargaining, depression, acceptance. 'Acceptance' does not mean being happy about problems, it means being able to face them unblinking, go on doing what we can to make things better, appreciating what we've got." Noting he's enduring an Antarctic winter blast, Paul writes: "I think because everything is excessively hyped up, people just don't know how to gauge the degree of concern they should have over any particular issue. For an issue to break through the malaise, it takes something extraordinary and unexpected to happen - a wake-up call. Unfortunately, these days, that means a truly devastating event. That's the scary thing." This is a sample of The Echidna newsletter sent out each weekday morning. To sign up for FREE, go to I'd be lying if I said I didn't enjoy it. And, let's face it, so would you. We all knew it was coming but when it did, so publicly and in real time, the break-up was spectacular. The world's richest man and the world's most powerful, slugging it out for all to see, both diminished by the ugliness of the spectacle. Reality TV was never this compelling. No episode of Big Brother, Survivor or Married at First Sight has or will ever come close. Nor will it ever be this expensive to make. Elon Musk's US$300 million investment in Donald Trump's election campaign up in smoke in the course of an Oval Office appearance by the president, who with German Chancellor Friedrich Merz seated beside him like an embarrassed extra, unloaded on his former "first buddy". Not only that. Billions were wiped off his wealth as Tesla shares tanked by 14 per cent. One estimate was that Musk's personal net wealth tumbled by US$34 billion. In one day. Musk, the MAGA darling, one minute, a pariah the next. Long-time Trump acolyte Steve Bannon called for Musk's deportation. Trump himself threatened to cancel multibillion-dollar contracts with Musk's SpaceX, claimed Elon had "gone crazy". All because the billionaire publicly opposed Trump's spending bill with its tax cuts for the wealthy and an additional US$2.42 trillion in debt over the next decade. Musk himself called for Trump to be impeached, for JD Vance to replace him. He posted without evidence that Trump featured in the unreleased and, without doubt, sordid Jeffrey Epstein files. If it was dizzying stuff for casual viewers on the other side of the world, imagine what it was like for Merz, sitting in the rococo nightmare of the revamped Oval Office in front of the world's media, having just been informed by Trump that D-day was not a pleasant day for Germany. Some small talk. Then to have to sit through Trump's Musk tirade, maintaining a facial expression of dignified neutrality. After Zelenskyy's dressing down and South Africa's Cyril Ramaphosa's enduring of discredited white genocide claims, it's time world leaders stopped beating a path to the Oval Office door. They should not allow themselves to be used as props in the trashy Trump show. Show some dignity, people. Time is a precious commodity, especially for the leaders of nations. The last thing they need is to waste it enduring incomprensible monologues from a president who has a loose arrangement with the plot. When Trump was bloviating about Russia and Ukraine being like two children fighting in a park - sometimes you have to let them fight before pulling them apart, he told the chancellor - Merz showed incredible self-control by not looking at his watch. Having seen a procession of leaders displayed like trophies in the Oval Office, the host basking in all the attention, often treating them rudely, those seeking an audience ought to be careful about what they wish for. It's unlikely Friedrich Merz thought he'd get a front row seat to the unholy tantrum that was the Musk-Trump break-up. Also unlikely he'd hurry back for more of the same. HAVE YOUR SAY: Should world leaders maintain their dignity by declining audiences with Donald Trump? Do they risk becoming extras in Trump's trashy reality show? Are they pandering to his ego by beating a path to his door? Would ignoring Trump better serve their interests? Email us: echidna@ SHARE THE LOVE: If you enjoy The Echidna, forward it to a friend so they can sign up, too. IN CASE YOU MISSED IT: - An Australian man detained in an Iraqi prison for nearly four years has been released on bail. Engineer Robert Pether was granted conditional release after being detained on misrepresentation and fraud charges. - Families of six children killed in a primary school jumping castle accident in Tasmania are angry and in disbelief after a court dismissed a workplace safety charge against its operator. - Armed with bollards and bravery, French nationals Damien Guerot and Silas Despreaux confronted Joel Cauchi amid his stabbing rampage at a busy mall in broad daylight where he killed six dead in five minutes. They were awarded the Ordre National du Merite, one of France's highest distinctions, for their courageous efforts on April 13, 2024. THEY SAID IT: "Nothing is more despicable than respect based on fear." - Albert Camus YOU SAID IT: When problems are always presented as insurmountable, we stop looking for solutions, falling victim to doomsday fatigue, wrote Garry. "I wish, those who suffer doomsday fatigue stayed in bed and slept it off instead of doing things like getting on a plane to escape to somewhere else or driving around in fat SUVs, and those who understand what's going on actually did what's most effective to avert disasters," writes Horst. "Doomsday fatigue is real (also under other names like 'collapse awareness'), but it can and should be worked through," writes Alex. "When facing the environmental facts, it is useful to think of the stages of grief: denial, anger, bargaining, depression, acceptance. 'Acceptance' does not mean being happy about problems, it means being able to face them unblinking, go on doing what we can to make things better, appreciating what we've got." Noting he's enduring an Antarctic winter blast, Paul writes: "I think because everything is excessively hyped up, people just don't know how to gauge the degree of concern they should have over any particular issue. For an issue to break through the malaise, it takes something extraordinary and unexpected to happen - a wake-up call. Unfortunately, these days, that means a truly devastating event. That's the scary thing." This is a sample of The Echidna newsletter sent out each weekday morning. To sign up for FREE, go to I'd be lying if I said I didn't enjoy it. And, let's face it, so would you. We all knew it was coming but when it did, so publicly and in real time, the break-up was spectacular. The world's richest man and the world's most powerful, slugging it out for all to see, both diminished by the ugliness of the spectacle. Reality TV was never this compelling. No episode of Big Brother, Survivor or Married at First Sight has or will ever come close. Nor will it ever be this expensive to make. Elon Musk's US$300 million investment in Donald Trump's election campaign up in smoke in the course of an Oval Office appearance by the president, who with German Chancellor Friedrich Merz seated beside him like an embarrassed extra, unloaded on his former "first buddy". Not only that. Billions were wiped off his wealth as Tesla shares tanked by 14 per cent. One estimate was that Musk's personal net wealth tumbled by US$34 billion. In one day. Musk, the MAGA darling, one minute, a pariah the next. Long-time Trump acolyte Steve Bannon called for Musk's deportation. Trump himself threatened to cancel multibillion-dollar contracts with Musk's SpaceX, claimed Elon had "gone crazy". All because the billionaire publicly opposed Trump's spending bill with its tax cuts for the wealthy and an additional US$2.42 trillion in debt over the next decade. Musk himself called for Trump to be impeached, for JD Vance to replace him. He posted without evidence that Trump featured in the unreleased and, without doubt, sordid Jeffrey Epstein files. If it was dizzying stuff for casual viewers on the other side of the world, imagine what it was like for Merz, sitting in the rococo nightmare of the revamped Oval Office in front of the world's media, having just been informed by Trump that D-day was not a pleasant day for Germany. Some small talk. Then to have to sit through Trump's Musk tirade, maintaining a facial expression of dignified neutrality. After Zelenskyy's dressing down and South Africa's Cyril Ramaphosa's enduring of discredited white genocide claims, it's time world leaders stopped beating a path to the Oval Office door. They should not allow themselves to be used as props in the trashy Trump show. Show some dignity, people. Time is a precious commodity, especially for the leaders of nations. The last thing they need is to waste it enduring incomprensible monologues from a president who has a loose arrangement with the plot. When Trump was bloviating about Russia and Ukraine being like two children fighting in a park - sometimes you have to let them fight before pulling them apart, he told the chancellor - Merz showed incredible self-control by not looking at his watch. Having seen a procession of leaders displayed like trophies in the Oval Office, the host basking in all the attention, often treating them rudely, those seeking an audience ought to be careful about what they wish for. It's unlikely Friedrich Merz thought he'd get a front row seat to the unholy tantrum that was the Musk-Trump break-up. Also unlikely he'd hurry back for more of the same. HAVE YOUR SAY: Should world leaders maintain their dignity by declining audiences with Donald Trump? Do they risk becoming extras in Trump's trashy reality show? Are they pandering to his ego by beating a path to his door? Would ignoring Trump better serve their interests? Email us: echidna@ SHARE THE LOVE: If you enjoy The Echidna, forward it to a friend so they can sign up, too. IN CASE YOU MISSED IT: - An Australian man detained in an Iraqi prison for nearly four years has been released on bail. Engineer Robert Pether was granted conditional release after being detained on misrepresentation and fraud charges. - Families of six children killed in a primary school jumping castle accident in Tasmania are angry and in disbelief after a court dismissed a workplace safety charge against its operator. - Armed with bollards and bravery, French nationals Damien Guerot and Silas Despreaux confronted Joel Cauchi amid his stabbing rampage at a busy mall in broad daylight where he killed six dead in five minutes. They were awarded the Ordre National du Merite, one of France's highest distinctions, for their courageous efforts on April 13, 2024. THEY SAID IT: "Nothing is more despicable than respect based on fear." - Albert Camus YOU SAID IT: When problems are always presented as insurmountable, we stop looking for solutions, falling victim to doomsday fatigue, wrote Garry. "I wish, those who suffer doomsday fatigue stayed in bed and slept it off instead of doing things like getting on a plane to escape to somewhere else or driving around in fat SUVs, and those who understand what's going on actually did what's most effective to avert disasters," writes Horst. "Doomsday fatigue is real (also under other names like 'collapse awareness'), but it can and should be worked through," writes Alex. "When facing the environmental facts, it is useful to think of the stages of grief: denial, anger, bargaining, depression, acceptance. 'Acceptance' does not mean being happy about problems, it means being able to face them unblinking, go on doing what we can to make things better, appreciating what we've got." Noting he's enduring an Antarctic winter blast, Paul writes: "I think because everything is excessively hyped up, people just don't know how to gauge the degree of concern they should have over any particular issue. For an issue to break through the malaise, it takes something extraordinary and unexpected to happen - a wake-up call. Unfortunately, these days, that means a truly devastating event. That's the scary thing." This is a sample of The Echidna newsletter sent out each weekday morning. To sign up for FREE, go to I'd be lying if I said I didn't enjoy it. And, let's face it, so would you. We all knew it was coming but when it did, so publicly and in real time, the break-up was spectacular. The world's richest man and the world's most powerful, slugging it out for all to see, both diminished by the ugliness of the spectacle. Reality TV was never this compelling. No episode of Big Brother, Survivor or Married at First Sight has or will ever come close. Nor will it ever be this expensive to make. Elon Musk's US$300 million investment in Donald Trump's election campaign up in smoke in the course of an Oval Office appearance by the president, who with German Chancellor Friedrich Merz seated beside him like an embarrassed extra, unloaded on his former "first buddy". Not only that. Billions were wiped off his wealth as Tesla shares tanked by 14 per cent. One estimate was that Musk's personal net wealth tumbled by US$34 billion. In one day. Musk, the MAGA darling, one minute, a pariah the next. Long-time Trump acolyte Steve Bannon called for Musk's deportation. Trump himself threatened to cancel multibillion-dollar contracts with Musk's SpaceX, claimed Elon had "gone crazy". All because the billionaire publicly opposed Trump's spending bill with its tax cuts for the wealthy and an additional US$2.42 trillion in debt over the next decade. Musk himself called for Trump to be impeached, for JD Vance to replace him. He posted without evidence that Trump featured in the unreleased and, without doubt, sordid Jeffrey Epstein files. If it was dizzying stuff for casual viewers on the other side of the world, imagine what it was like for Merz, sitting in the rococo nightmare of the revamped Oval Office in front of the world's media, having just been informed by Trump that D-day was not a pleasant day for Germany. Some small talk. Then to have to sit through Trump's Musk tirade, maintaining a facial expression of dignified neutrality. After Zelenskyy's dressing down and South Africa's Cyril Ramaphosa's enduring of discredited white genocide claims, it's time world leaders stopped beating a path to the Oval Office door. They should not allow themselves to be used as props in the trashy Trump show. Show some dignity, people. Time is a precious commodity, especially for the leaders of nations. The last thing they need is to waste it enduring incomprensible monologues from a president who has a loose arrangement with the plot. When Trump was bloviating about Russia and Ukraine being like two children fighting in a park - sometimes you have to let them fight before pulling them apart, he told the chancellor - Merz showed incredible self-control by not looking at his watch. Having seen a procession of leaders displayed like trophies in the Oval Office, the host basking in all the attention, often treating them rudely, those seeking an audience ought to be careful about what they wish for. It's unlikely Friedrich Merz thought he'd get a front row seat to the unholy tantrum that was the Musk-Trump break-up. Also unlikely he'd hurry back for more of the same. HAVE YOUR SAY: Should world leaders maintain their dignity by declining audiences with Donald Trump? Do they risk becoming extras in Trump's trashy reality show? Are they pandering to his ego by beating a path to his door? Would ignoring Trump better serve their interests? Email us: echidna@ SHARE THE LOVE: If you enjoy The Echidna, forward it to a friend so they can sign up, too. IN CASE YOU MISSED IT: - An Australian man detained in an Iraqi prison for nearly four years has been released on bail. Engineer Robert Pether was granted conditional release after being detained on misrepresentation and fraud charges. - Families of six children killed in a primary school jumping castle accident in Tasmania are angry and in disbelief after a court dismissed a workplace safety charge against its operator. - Armed with bollards and bravery, French nationals Damien Guerot and Silas Despreaux confronted Joel Cauchi amid his stabbing rampage at a busy mall in broad daylight where he killed six dead in five minutes. They were awarded the Ordre National du Merite, one of France's highest distinctions, for their courageous efforts on April 13, 2024. THEY SAID IT: "Nothing is more despicable than respect based on fear." - Albert Camus YOU SAID IT: When problems are always presented as insurmountable, we stop looking for solutions, falling victim to doomsday fatigue, wrote Garry. "I wish, those who suffer doomsday fatigue stayed in bed and slept it off instead of doing things like getting on a plane to escape to somewhere else or driving around in fat SUVs, and those who understand what's going on actually did what's most effective to avert disasters," writes Horst. "Doomsday fatigue is real (also under other names like 'collapse awareness'), but it can and should be worked through," writes Alex. "When facing the environmental facts, it is useful to think of the stages of grief: denial, anger, bargaining, depression, acceptance. 'Acceptance' does not mean being happy about problems, it means being able to face them unblinking, go on doing what we can to make things better, appreciating what we've got." Noting he's enduring an Antarctic winter blast, Paul writes: "I think because everything is excessively hyped up, people just don't know how to gauge the degree of concern they should have over any particular issue. For an issue to break through the malaise, it takes something extraordinary and unexpected to happen - a wake-up call. Unfortunately, these days, that means a truly devastating event. That's the scary thing."
