Marquee Resources (ASX:MQR) is seeking to progress a maiden resource estimate for the Mt Clement Antimony-Gold Project in Western Australia, after receiving a full suite of assay results from a reverse circulation drilling program.
The maiden resource, due in two weeks, represents a near-term major milestone for the company.
All drillholes have confirmed to have intersected mineralisation, as well as multiple zones of antimony mineralisation. Drilling has also highlighted a new sub-cropping structure that may enhance Mt Clement’s scale.
Some of the results include 8m @ 1.05% antimony and 2.85% lead from 137m, including 4m @ 1.35% antimony and 3.55% lead from 137m; and 3m @ 1.27% antimony from 24m, including 1m @ 2.31% antimony from 25m.
Executive Chairman Charles Thomas says every hole drilled has confirmed continuity of mineralisation, with contributions from lead, silver, and gold.
“Antimony remains our core focus for the rest of 2025 and with global markets finally recognising its critical status, Marquee is advancing Mt Clement at the right time, in the right commodity and now with strong tail winds behind us for exploration and resource definition at Mt Clement,” Thomas says.
Once the maiden resource is returned, a phase two drilling program will begin this month which will test depth and strike extensions.
Phase three drilling is being planned and will begin before the end of 2025.
The Mt Clement Project, covering 398km2, is located at the western end of the Ashburton Basin in the northern Capricorn Orogen of Western Australia.
Write to Aaliyah Rogan at Mining.com.au
Images: Marquee Resources
