Marquee Resources Unveils Consistent High-Grade Antimony Results, Preparing for Maiden JORC Resource
Marquee Resources Limited (ASX: MQR) has confirmed consistently high-grade antimony results from its Mt Clement (Eastern Hills) Project in Western Australia, positioning the company to establish a significant antimony resource in a market hungry for critical mineral supply outside China and Russia.
Drilling Results Validate Project's Strategic Value
Recent drilling at Mt Clement has yielded exceptional antimony results, with every hole drilled confirming mineralization. According to Executive Chairman Charles Thomas, these results "underscore the potential of our Mt Clement Project to emerge as one of Australia's premier antimony projects."
Notable intersections include:
- 8m at 1.05% Sb and 2.85% Pb from 137m (MQRC390)
- 8m at 1.02% Sb from 81m (MQRC394)
- 9m at 0.88% Sb from 97m (MQRC391)
- 2m at 1.96% Sb from 144m (MQRC394)
The company reports that antimony grades "consistently outperform comparable size ASX listed Company peers," validating the project's position as a critical mineral supply opportunity in Australia.
Additional value comes from associated metals, with significant silver and gold credits including:
- 7m at 44 g/t Ag and 0.21 g/t Au from 137m (MQRC390)
- 3m at 52 g/t Ag and 0.15 g/t Au from 58m (MQRC391)
Strategic Critical Mineral Position
Antimony's importance cannot be overstated – it's listed as a critical mineral in Australia, the United States, and Europe. Its applications span flame retardants, alloys, semiconductors, and military technologies, with global supply heavily concentrated in China and Russia.
Marquee's Mt Clement Project adjoins Black Cat Syndicate's (ASX:BC8) Eastern Hills deposit, which is quoted as "Australia's Largest Undeveloped Antimony Deposit." This strategic positioning gives Marquee an opportunity to establish itself as a significant Western world supplier of this critical metal.
"These full suite of results underscore the potential of our Mt Clement (Eastern Hills) Project to emerge as one of Australia's premier antimony Projects. Every hole drilled confirmed continuity of high-grade Sb mineralisation, with meaningful contributions from lead, silver and gold adding further value." – Charles Thomas, Executive Chairman
Understanding Antimony's Strategic Importance
Antimony (Sb) is a semimetal that has been designated a critical mineral due to its essential applications and limited supply sources outside of China and Russia. Its flame-retardant properties make it vital for safety equipment, while its use in lead-acid batteries, semiconductors, and military applications gives it strategic importance.
With over 80% of global antimony production controlled by China and significant amounts coming from Russia, Western countries are actively seeking alternative supply sources. This supply concentration creates both risk and opportunity – particularly for companies like Marquee that are developing resources in stable jurisdictions like Australia.
Applications of Antimony
Antimony has several critical applications that make it industrially important:
| Application | Description |
|---|---|
| Flame Retardants | Used in plastics, textiles, and electronics to prevent fire spread |
| Lead-Acid Batteries | Improves charging characteristics and extends battery life |
| Semiconductors | Component in certain semiconductor materials |
| Military Applications | Used in night vision devices, infrared detectors, and ammunition |
| Metal Alloys | Hardening agent for lead in applications like ammunition and batteries |
Project Geology and Exploration Model
The Mt Clement Project is located in the Ashburton Basin in the northern Capricorn Orogen of Western Australia. Mineralisation consists of economic quantities of antimony, lead, silver, and gold, with the recently completed RC drilling program confirming multiple sub-parallel Sb-Pb bearing lodes.
Ore assemblages include boulangerite and jamesonite with galena and arsenopyrite, consistent with previous exploration in the Eastern Hills area. The company's drilling has confirmed that:
- Mineralisation persists to depth with stronger continuity than surface mapping suggested
- Multiple stacked mineralised horizons exist, indicating potential for multiple lodes
- The system extends at least 250m into Marquee's ground and remains open along strike
- The Taipan Zone widens with depth, presenting an opportunity for significant resource growth
Hole-by-Hole Analysis
The Phase 1 drilling program has provided significant geological insights:
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MQRC390: Delivered 8m @ 1.05% Sb (including 4m @ 1.35% Sb), demonstrating that the system persists to depth with stronger continuity than surface mapping suggested.
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MQRC391: Positioned beneath a prominent outcrop, this hole returned 9m @ 0.88% Sb, confirming that surface mineralisation extends to substantial thickness at depth.
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MQRC392: Intersected mineralisation from as shallow as 2m, with further hits down to 27m, supporting continuity between zones.
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MQRC393: The easternmost hole drilled, establishing a ~250m strike extension into Marquee's ground with 2m @ 0.71% Sb from 80m.
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MQRC394: Provided evidence of stacked mineralised horizons with 8m @ 1.02% Sb from 81m and 4m @ 1.14% Sb from 144m, highlighting the potential for multiple lodes at depth.
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MQRC395: The deepest hole drilled so far, demonstrating that mineralisation remains open at depth with 20m @ 0.26% Sb from 232m.
Imminent Milestones and Upcoming Activities
Investors can look forward to several near-term catalysts:
- Maiden JORC Resource: Due in approximately 2 weeks, representing a major milestone for the company
- Phase 2 Drilling: Set to commence in late September 2025, targeting depth and strike extensions
- Phase 3 Drilling: Already in planning stages and scheduled to begin before the end of 2025
"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." – Charles Thomas, Executive Chairman
Why Investors Should Track Marquee Resources
Marquee Resources presents a compelling investment case for those interested in the critical minerals sector:
- Critical Mineral Focus: Positioning in antimony, a designated critical mineral with supply chain concerns
- High-Grade Results: Consistently strong drill results with every hole hitting mineralisation
- Near-Term Catalysts: Maiden JORC resource within weeks and multiple drilling phases planned
- Strategic Location: Adjacent to "Australia's Largest Undeveloped Antimony Deposit"
- Precious Metal Credits: Additional value from gold and silver content in the mineralisation
With antimony prices strengthening amid growing recognition of supply challenges, Marquee's timing could be advantageous as it advances what could become a cornerstone asset in establishing a secure antimony supply chain outside of China and Russia.
As global tensions highlight the vulnerabilities in critical mineral supply chains, companies like Marquee that are developing strategic resources in stable jurisdictions are positioned to potentially deliver significant value to shareholders.
Want to Invest in Australia's Next Premier Antimony Project?
Discover more about Marquee Resources' exciting Mt Clement Project with consistently high-grade antimony results and the upcoming maiden JORC resource. With antimony designated as a critical mineral globally and supply concentrated in China and Russia, MQR's strategic position could represent a significant investment opportunity in the critical minerals sector. For comprehensive information about the company and its antimony projects, visit Marquee Resources' website today.
