Reading the tea leaves has a long tradition in fortune-telling.
But mineral explorers are also reading the leaves as a way of locating new fortunes.
In South Australia, Marmota has announced multiple new gold targets at its Aurora Tank project after a biogeochem (tree sampling) program late last year.
In an announcement to the ASX, the company said recent drilling yielded high-grade gold intersections, including an outstanding intersection over 88 g/t gold at 38m from surface.
“Marmota was guided to this location by our innovative biogeochem (tree sampling) R&D program and our first testing of that R&D method in a drill program,” the company said.
Assay results had identified multiple new gold drill targets based on gold anomalism in tree leaves, it said.
The program also identified zones that were anomalous in elements such as antimony and bismuth – that are widely considered to be significant pathfinders for gold.