Marquee (ASX:MQR) get the source at Redlings REE project

Marquee (ASX:MQR) get the source at Redlings REE project

October 4, 2023 0 By Rueben Hale

Marquee Resources has identified high-density structures believed to be the source of surface mineralisation at its Redlings REE project in Western Australia

High-density pipe-like structures revealed by a 1,907-station ground gravity survey add enhancing colour to the existing exploration model.

The company is confident the pipe-like structures lead to the source of surface mineralisation up to 7,503ppm TREO.

“This infill gravity survey has significantly improved our understanding of the Redlings REE Project,” Marquee Executive Director Charles Thomas said.

“For the first time, we believe we have possibly identified the source of the surficial mineralisation that we have encountered on our last few exploration campaigns at the Project.

“Acquisition of this new geophysical datasets is a significant next step in unlocking the geology potential within the Redlings REE Project area.”

The Company aims to thoroughly test the potential of the Project to host an economic REE mineral resource.

MQR Redlings Map

Base Image – Greyscale TMI image overlain with RGB Bouguer Anomaly image. Top Left – 0.02, 0.03 & 0.05 g/cc inversion shells, Top Right – auger geochemistry results, Bottom Left – density inversion shells and auger geochemistry results

MQR.AX
MARQUEE FPO [MQR]
ASX
up arrow$0.011
$0.001
10.00%

Please note the following valuable information before using this website. 

Independent Research 

Market Open Australia is intended to be used only for educational and informative purposes, and any information on this website should not be taken as investment advice or guidance. It is important to conduct your own research before making any investment decisions, which should be based on your own investment needs and personal circumstances. Any investment decisions based on information contained on this website should be taken in line with independent financial advice from a qualified professional or should be independently researched and verified. 

MO and CI logo redraw Socials Profile reversed

MarketOpen is an online media business connecting companies and investors. Through its flagship MarketOpen.com.au media channel the Australian publisher’s experienced journalists cover breaking news and analysis on mining, oil and gas, technology and biotechnology companies listed on the Australian Securities Exchange and other markets. MarketOpen’s video and podcasting channels feature original interviews with Australia’s small-cap corporate leaders, while its Stock Soirée networking events, Watchlist webinars, and online events connect investors and brokers with CEOs and board members. The publisher also offers a suite of agency services to its corporate members, including media, video, podcasting and social media services, along with writing, editing, reviewing and content creation services.

Contact info

Suite 3, 47 Havelock Street
West Perth WA 6005
info@marketopen.com.au

Stewart Walters
Managing Director
stewart@marketopen.com.au
+61 414 644 166

Amanda Ellis
Editor-in-Chief
amanda@marketopen.com.au
+61 438 003 868

Important links

Follow us