Market Alert: Fed Cut Hopes Lift ASX After Rough Week
Marquee Resources Limited (ASX: MQR) announced strong assay results from its initial RC drilling program at the Mt Clement (Eastern Hills) Antimony/Gold Project in Western Australia. Drilling confirmed multiple high-grade zones, with highlights including 8m at 1.05% Sb and 2.85% Pb, 9m at 0.88% Sb, and shallow intersections up to 2.31% Sb. Precious metals, including gold and silver, added further upside, reinforcing the project’s potential. Antimony, a critical mineral in Australia, the US, and Europe, has increasing strategic importance due to concentrated global supply in China and Russia. Marquee is preparing its maiden JORC-compliant resource estimate, expected within two weeks, marking a key milestone for the company. A Phase 2 drilling program is set to commence later in September, targeting strike and depth extensions. These results support Marquee’s ambition to position Mt Clement as a cornerstone antimony asset in Australia.
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Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.