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92.9
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2,606.20
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36.58
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92.9
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92.9
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(-0.68%)
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2,606.20
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36.58
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92.9
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Marquee Resources (ASX: $MQR) to commence auger sampling for antimony extension

Update on Mt Clement Project in Western Australia


Marquee Resources Limited (ASX:MQR) has received approval from the Jurruru Native Title Party to conduct auger sampling for antimony extension at its 100% owned Mount Clement Project in Western Australia. The project immediately abuts the Mt Clement Antimony-Lead Deposit owned by Black Cat Syndicate (ASX:BC8) and is located 30km SW of Black Cat Syndicate's Paulsens gold mine. The project contains a polymetallic deposit comprised of the critical mineral antimony (Sb) along with lead (Pb), silver (Ag), gold (Au) and copper (Cu).

Executive Chairman's Comment on Auger Sampling Approval


We're extremely pleased to have received native title approval to complete detailed auger sampling on Jurruru lands and we're excited to continue our discovery journey at Mt Clement. Historical drilling has intersected significant zones of antimony mineralisation on Marquee's tenure, and we are hopeful that with further detailed work we can extend known mineralisation and identify as yet undiscovered zones of mineralisation. Given the scarcity of global antimony deposits, we feel we are in an excellent position to capitalise on the strong market demand by delineating further resources of antimony adjacent to Australia's 4th largest and 3rd highest grade antimony deposit.

Summary of Mt Clement Project Update


Marquee Resources Limited (ASX:MQR) has obtained approval to conduct auger sampling for antimony extension at its Mt Clement Project in Western Australia. The project, which immediately abuts the Mt Clement Antimony-Lead Deposit owned by Black Cat Syndicate (ASX:BC8), contains a polymetallic deposit comprised of antimony, lead, silver, gold, and copper. The company's Executive Chairman, Mr Charles Thomas, expressed excitement about the approval, highlighting the potential to extend known mineralisation and identify undiscovered zones. The company aims to capitalize on the strong market demand for antimony by delineating further resources adjacent to Australia's 4th largest and 3rd highest grade antimony deposit.

MARQUEE RESOURCES LIMITED
MQR | ASX | Materials
0.0180.002(+12.5%)
At close 19/09 (AEDT)
Market cap
$6.7M
Volume
383,556
DY Yield
0
PE Ratio
0
52 Week Range
0.01 - 0.045
1YR Return
N / A

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