Marquee Resources Limited (ASX:MQR) announces further near surface REE intercepts at Redlings Project

Marquee Resources Limited (ASX:MQR) has received the second batch of results from the slim-line RC drilling program at the Redlings Rare-Earth Element Project. The drilling program, covering approximately 8km², revealed extensive rare-earth element mineralisation with peak assays of up to 8,764ppm TREO. The latest batch of results are for 60 of the 78 holes completed at the Red Barron Prospect, showcasing significant potential for the company.

Executive Chairman, Mr Charles Thomas, comments on the drilling results

We are thrilled with these exceptional drilling results which confirm extensive and high-grade REE mineralisation occurring right from surface. The peak assay of 8,764 ppm TREO and the significant proportions of Magnetic Rare Earth Elements (MREE) within these results underscore the huge potential of the Redlings REE Project. Given the average hole depth from the program was only 9m, for us to receive results such as 18m @ 1,727ppm TREO from surface, including 7m @ 2,249ppm TREO (MQRC289) is truly exceptional. These further discoveries mark a major milestone for Marquee and position us strongly to capitalise on the growing demand for critical rare earth elements. With additional results on the horizon from this drill program, we are eagerly anticipating further positive news that will continue to build on this momentum and unlock even greater value for our shareholders.

Summary of Marquee Resources' latest drilling results and future outlook

Marquee Resources Limited (ASX:MQR) has reported further near surface rare-earth element (REE) intercepts at the Redlings Rare-Earth Element Project. The drilling program, designed to test extensive surficial mineralisation, has revealed peak assays of up to 8,764ppm TREO, highlighting significant potential for the company. The Executive Chairman, Mr Charles Thomas, expressed excitement over the exceptional drilling results, emphasizing the extensive and high-grade REE mineralisation occurring right from the surface. With additional results expected in the coming weeks, Marquee aims to delineate a surficial REE resource to better understand the potential Project economics at Redlings. The Redlings Project, 100% owned by Marquee, covers an area of approximately 108 square kilometres of tenure with historical rock-chip samples up to 78,000ppm TREO. The company remains optimistic about the future outlook and the potential to capitalize on the growing demand for critical rare earth elements.