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Marquee Resources Ltd (ASX:MQR) has found multiple zones hosting antimony at its Mt Clement project in Western Australia, based on early-stage exploration work including rock chip sampling and geological mapping.
Samples collected during fieldwork in November 2024 were subjected to analysis which suggested extensions to Black Cat’s (ASX:BC8) Eastern Hills antimony-lead deposit could be delineated with further work.
The second – and final – batch of results from this work showed multiple prospective structures around the Taipan structural trend, with assays including 9,140ppm (parts per million) Sb (antimony) and 7,070ppm Pb (lead); 7,900ppm Sb and 2.34% Pb; and 5,840ppm Sb and 6,810ppm Pb.
Additionally, Marquee undertook 1,155-point Ultrafine Fraction (UFF) soil sampling, with results boosting the identification of regional exploration targets. Drill planning has already been started; heritage surveys will begin in 2025’s first quarter.
“The latest round of results has further reinforced our confidence in the significant potential to expand and define additional antimony resources within our tenure at Mt Clement,” Marquee executive chairman Charles Thomas said.
“The combination of historical drilling data, along with the newly obtained rock chip sample results, has provided us with a highly compelling set of targets. These targets extend along-strike from the known Eastern Hills Deposit and offer promising opportunities for future resource growth.
“Our technical team is rapidly advancing preparations for our maiden drilling program at Mt Clement, which will be a major milestone in unlocking the Project’s full potential.”
Marquee shares are trading at 1.1 cents.
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