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The latest update is out from Marquee Resources Ltd ( (AU:MQR) ).
Marquee Resources Limited announced the completion of its slim-line RC drilling program at the Redlings Rare Earth Project, revealing significant mineralization with high assay grades of up to 7,982ppm TREO. The findings, particularly at the Red Barron Prospect, highlight the potential for substantial rare-earth element deposits, positioning Marquee to capitalize on the growing demand in the tech and clean energy sectors. Further exploration is needed to fully understand and develop the higher-grade zones discovered.
More about Marquee Resources Ltd
Marquee Resources Limited is a company in the mining industry focused on exploring and developing mineral resource projects, including rare-earth elements, which are crucial for various high-tech and clean energy applications.
YTD Price Performance: 20.0%
Average Trading Volume: 470,711
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: A$5.83M
Learn more about MQR stock on TipRanks’ Stock Analysis page.