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Marquee Resources Ltd ( (AU:MQR) ) has issued an update.
Marquee Resources Limited announced the completion of Phase 1 drilling at its Mt Clement Project, targeting extensions of the Eastern Hills antimony resource. The drilling program, which exceeded initial plans, involved a ‘Drill for equity’ deal with Nexgen Drilling’s partner, Rapid Exploration Pty Ltd, to cover a significant portion of costs. The results of this exploration could enhance Marquee’s position in the antimony market, potentially impacting stakeholders positively by expanding resource estimates.
More about Marquee Resources Ltd
Marquee Resources Limited is an Australian company involved in the exploration and development of mineral resources. The company focuses on projects that include antimony, gold, lead, copper, and silver, with a particular emphasis on the Mt Clement Project in Western Australia.
Average Trading Volume: 2,000,964
Technical Sentiment Signal: Sell
Current Market Cap: A$8.21M
See more data about MQR stock on TipRanks’ Stock Analysis page.