Marquee Resources Limited (ASX: $MQR) Exploration Update

Marquee Resources Limited (ASX: $MQR) has announced the mapping of a spodumene bearing pegmatite swarm at the West Spargoville Project. The ongoing exploration has delineated 10 individual spodumene bearing pegmatites, with recent high-grade rock chip assay results showing numerous samples with over 1% Li2O. The company has also completed detailed ground gravity data acquisition and is progressing with drilling approvals to commence exploration activities as soon as possible.

Executive Chairman's Comment on Exploration Progress

Marquee Executive Chairman, Mr Charles Thomas, expressed excitement about the identification of the new mineralised pegmatite swarm at WSP and the upcoming drilling plans. He highlighted the potential convergence and blow-out of the pegmatites at depth and the significance of the ground gravity survey in targeting these structures. The company is actively working through the drilling approvals process and aims to begin drilling at the earliest opportunity.

Exploration Update Summary and Outlook

Marquee Resources Limited (ASX: $MQR) has made significant progress in mapping and sampling the spodumene bearing pegmatite swarm at the West Spargoville Project. The high-grade rock chip assay results, ongoing collaboration with Joint Venture Partner Mineral Resources Limited (ASX: $MIN), and the completion of a detailed ground gravity survey demonstrate the company's commitment to advancing its exploration activities. The identification of fertile pegmatites and the potential convergence and blow-out at depth present promising prospects for future drilling programs. With a focus on leveraging off previously acquired data and targeting mineralised pegmatite bodies, Marquee Resources is poised to continue its exploration campaign with a view to unlocking the full potential of the West Spargoville Project.