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The latest update is out from Marquee Resources Ltd ( (AU:MQR) ).
Marquee Resources has issued a clarification and retraction relating to its earlier announcement on Phase 2 drilling at the Mt Clement project, withdrawing a peer comparison graph and table that did not comply with ASX guidance and confirming that its maiden Mineral Resource Estimate at Mt Clement (Eastern Hills) is entirely in the Inferred category, with the named Competent Person consenting to the stated Exploration Target. Separately, the company reported the first batch of Phase 2 reverse circulation drilling results, with all seven reported holes intersecting antimony mineralisation across the Taipan, Dugite and Gwardar zones and confirming a new mineralised domain at Dugite, while also dispatching two shipments of high‑grade antimony, lead and silver ore to Yantai Jinao for metallurgical test work, underscoring the project’s potential continuity and advancement toward possible future development.
The most recent analyst rating on (AU:MQR) stock is a Hold with a A$0.01 price target. To see the full list of analyst forecasts on Marquee Resources Ltd stock, see the AU:MQR Stock Forecast page.
More about Marquee Resources Ltd
Marquee Resources Limited is an Australian exploration company focused on developing its Mt Clement (Eastern Hills) Antimony/Gold Project in Western Australia, where it is advancing drilling campaigns targeting antimony, lead, silver and gold mineralisation across multiple zones within the project area.
Average Trading Volume: 5,386,759
Technical Sentiment Signal: Sell
Current Market Cap: A$7.36M
Find detailed analytics on MQR stock on TipRanks’ Stock Analysis page.