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Marquee Resources Ltd ( (AU:MQR) ) has shared an announcement.
Marquee Resources Limited announced a maiden Inferred Mineral Resource Estimate at its Redlings Rare-Earth Element Project, indicating significant rare-earth element mineralization. The estimate reports 11 million tonnes at 1,130 ppm TREO, with opportunities for expansion through further drilling. This development positions Marquee to potentially increase its resource base and strengthen its market position in the rare-earth elements sector.
More about Marquee Resources Ltd
Marquee Resources Limited is a company in the mining industry, focusing on the exploration and development of mineral resources. Its primary focus is on rare-earth elements, with projects such as the Redlings Rare Earth Project, which is entirely owned by Marquee.
YTD Price Performance: 10.0%
Average Trading Volume: 654,491
Technical Sentiment Signal: Buy
Current Market Cap: A$5.34M
See more insights into MQR stock on TipRanks’ Stock Analysis page.