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Marquee Resources Ltd ( (AU:MQR) ) has shared an update.
Marquee Resources Limited has announced its maiden Inferred Mineral Resource Estimate at the Eastern Hills (Mt Clement) Project, revealing a resource of 1.14 million tonnes at 0.6% antimony equivalent, containing 6,800 tonnes of metal. This development marks a significant milestone for the company, with potential for resource expansion and a phase two exploration drilling program set to commence shortly. The announcement positions Marquee as a notable emerging player in the antimony market, with the potential for substantial growth driven by high antimony prices and further exploration targets.
More about Marquee Resources Ltd
Marquee Resources Limited is a company involved in the mining industry, focusing on the exploration and development of mineral resources. The company is particularly engaged in the extraction of antimony, lead, gold, and silver, with a significant focus on expanding its presence in the antimony market in Australia.
Average Trading Volume: 5,589,061
Technical Sentiment Signal: Sell
Current Market Cap: A$9.53M
Learn more about MQR stock on TipRanks’ Stock Analysis page.