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Marquee Resources (ASX: $MQR) identifies lithium and gold anomalies in Yindi Exploration update

Marquee Resources Limited (ASX: $MQR) Yindi Exploration Update


Marquee Resources Limited (ASX: $MQR) has released an update on the Yindi Project, reporting the identification of multiple lithium and gold anomalies through a 1,011-point UltraFine+TM sampling program. The results highlight high-priority target areas and the company's aggressive exploration strategy for 2024. The Yindi Project, located just 13 km from the Manna Deposit (ASX: $GL1) and within the lithium 'Corridor of Power', has shown significant potential for hosting lithium and gold mineralisation.

Executive Chairman's Commentary on Yindi Project


Marquee Executive Chairman, Mr Charles Thomas, expressed excitement about the potential of the Yindi Project, stating, 'The early results show that the Yindi Project has the potential to host significant lithium and gold mineralisation. We are excited to aggressively explore this land package and unlock its full potential. It will be a busy 2024 as we have multiple exploration programs being completed in conjunction across our suite of future facing metals projects.' He also mentioned the company's plans for future drilling following the completion of the initial phase of exploration.

Summary of Yindi Exploration Update


Marquee Resources Limited (ASX: $MQR) has identified multiple lithium and gold anomalies in the Yindi Project, demonstrating the significant potential of the area. The company plans to expedite follow-up sampling and mapping to define priority targets for drill testing. With an aggressive exploration strategy for 2024, Marquee aims to unlock the full potential of the Yindi Project. The project's proximity to the Manna Deposit and its location within the lithium 'Corridor of Power' further enhance its prospects. The company will continue to update the market on its progress at Yindi and future drilling plans.

MARQUEE RESOURCES LIMITED
MQR | ASX | Materials
0.0110(+0%)
At close 05/07 (AEDT)
Market cap
$4.5M
Volume
0
DY Yield
0
PE Ratio
0
52 Week Range
0 - 0.05
1YR Return
N / A

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