Marquee Resources June 2024 Quarterly Activities Report

Marquee Resources Limited (ASX: $MQR) has released its Quarterly Activities Report for the June 2024 quarter, detailing significant progress across its projects. The report highlights the identification of a fertile pegmatite swarm at the West Spargoville Project and outlines an aggressive exploration strategy at the Yindi Project. The Company continues to collaborate closely with Joint Venture Partner Mineral Resources Limited (ASX: $MIN) regarding all facets of the WSP Project and the ongoing 2024 exploration campaign.

Executive Commentary

The Company identified a pegmatite swarm with over 40 fertile pegmatites at the West Spargoville Project, with recent sampling returning a best rock chip assay of 3.01% Li2O. The collaboration with Joint Venture Partner Mineral Resources Limited continues to progress, and we are excited about the potential of the Yindi Project. Our aggressive exploration strategy aims to capitalize on the identified lithium and gold anomalies, with plans to begin drill testing as soon as possible. We are also pleased to have strengthened our land position at the Redlings REE Project and commenced an exploration program to unlock its full potential. Additionally, the Sa Pedra Bianca Project in Sardinia presents an exciting opportunity, and we are diligently working on various exploration activities to advance and develop the Project in line with best practice ESG principles.

Summary

Marquee Resources Limited (ASX: $MQR) has made significant strides in its June 2024 quarterly activities, particularly at the West Spargoville Project and the Yindi Project. The identification of a fertile pegmatite swarm at the West Spargoville Project, with multiple fertile pegmatites and compelling exploration targets, demonstrates the Company's commitment to advancing its projects. The aggressive exploration strategy at the Yindi Project, aimed at capitalizing on identified lithium and gold anomalies, reflects the Company's proactive approach to unlocking the Project's potential. Furthermore, the strengthening of the land position at the Redlings REE Project and the commencement of an exploration program underscore the Company's dedication to maximizing the Project's value. The Sa Pedra Bianca Project in Sardinia presents an exciting opportunity, and the Company's focus on various exploration activities aligns with best practice ESG principles, reflecting its commitment to sustainable development and responsible mining practices.