Promising Antimony-Gold Drilling Program Begins at Marquee Resources’ Mt Clement

Marquee Resources Poised to Strike Gold and Antimony at Mt Clement

Marquee Resources (ASX:MQR) is about to commence a highly anticipated drilling program at its Mt Clement Antimony-Gold Project, targeting extensions to a known resource at a time when antimony prices have skyrocketed to $57,000-$60,000 per metric tonne—more than ten times their 2020 value.

Strategic Drilling Campaign Set to Unlock Significant Value

Marquee Resources is set to begin its Phase 1 drilling campaign at the Eastern Hills Antimony/Gold Prospect on June 13, 2025. This initial campaign will consist of six RC drill holes totaling 1,380 meters, targeting extensions to the Eastern Hills antimony-lead deposit currently owned by Black Cat Syndicate (ASX:BC8).

What makes this campaign particularly noteworthy is Marquee's strategic "Drill for Equity" deal with Rapid Exploration Pty Ltd, which will cover approximately 70% of the Phase 1 drilling costs. This partnership significantly reduces upfront expenditure while maintaining full ownership of the potentially valuable results.

"We're incredibly excited to kick off drilling at Mt Clement, particularly at a time when antimony prices have gone from a modest $5,500 per metric tonne in 2020 when we first acquired the Project, to an astonishing $57,000-$60,000 per metric tonne in 2025," said Marquee Executive Chairman Charles Thomas.

The drilling program is expected to be completed within three weeks, with final assays anticipated approximately four weeks later.

Targeting Known Resource Extensions in Prime Territory

What sets this drilling campaign apart is that Marquee's tenure overlays a JORC 2012 compliant antimony resource previously announced by Artemis Resources (ASX:ARV) in 2013. This resource remains open along strike and at depth within Marquee's territory.

Previous drilling in the area has yielded impressive results, including:

The Phase 1 drilling program will target both strike and depth extensions to the known resource, as well as infill drilling of known mineralisation at Eastern Hills.

Understanding Antimony: A Critical Mineral with Soaring Demand

Antimony is classified as a critical mineral by many countries due to its importance in defence applications, fire retardants, and emerging battery technologies. It's a relatively rare metalloid that has seen dramatic price increases in recent years due to supply constraints and growing demand.

The element is primarily used in flame retardants (approximately 60% of global consumption), but also plays crucial roles in:

• Lead-acid batteries and other energy storage solutions
• Military applications including ammunition and night-vision equipment
• Semiconductors and electronic components
• Glass and ceramics manufacturing

With China controlling roughly 60% of global antimony production and increasing export restrictions, Western nations are actively seeking reliable alternative sources—making new discoveries particularly valuable to investors and governments alike.

Multiple Mineralised Zones Present Significant Exploration Upside

The Eastern Hills antimony-lead mineralising system consists of several parallel zones:

1. Taipan Zone – The main zone included in the historical resource estimate
2. Dugite Zone – Parallel structure to the south
3. Gwardar Zone – Additional parallel structure
4. Tiger Zone – Northernmost parallel structure

Three of the planned holes are designed to intersect numerous splays on route to testing the main structure below sea level, which has not been achieved with historical drilling. The hanging wall splays are anticipated to extend for increased strike length within Marquee's tenure.

A fully permitted Phase 2 program of sixteen additional RC holes totaling 1,600 meters will target approximately 500 meters of strike extensions to the northeast, wholly within Marquee tenure. This follow-up program will test previously undrilled lode structures which have yielded promising surface samples, including rock chip samples with up to 0.91% antimony.

Mt Clement: A Multi-Metal Opportunity in a Proven Geological Setting

The Mt Clement Project is strategically located just 30km southwest of Black Cat Syndicate's Paulsens gold mine in Western Australia's Ashburton Basin. The project area hosts mineralisation containing economic quantities of:

• Antimony (Sb)
• Gold (Au)
• Silver (Ag)
• Lead (Pb)
• Copper (Cu)

The historical JORC 2012 compliant resource at Eastern Hills, which overlays Marquee's tenure, contained 1.3 million tonnes at 1.7% Sb, 2.5% Pb and 24g/t Ag (equating to 22,400 tonnes of contained antimony) using a 1.0% Sb cutoff grade.

Why Investors Should Keep a Close Eye on Marquee Resources

Marquee Resources presents a compelling investment case for several key reasons:

1. Extraordinary Timing: With antimony prices having increased tenfold since 2020 to over $55,000 per tonne, the potential value of any resource discovery has multiplied significantly.

2. Resource Extension Potential: Drilling is targeting known extensions to an established JORC-compliant resource, significantly de-risking the exploration compared to greenfield sites.

3. Capital-Efficient Exploration: The innovative "Drill for Equity" deal covers approximately 70% of initial drilling costs, preserving cash while maintaining full project ownership.

4. Multiple Target Zones: With four parallel mineralised zones identified (Taipan, Dugite, Gwardar, and Tiger), the project offers numerous opportunities for resource expansion.

5. Critical Mineral Status: Antimony's classification as a critical mineral by major economies provides potential strategic value beyond mere commodity pricing.

"This drilling campaign reflects our commitment to smart capital deployment alongside high-impact exploration, and I look forward to updating our shareholders and the wider investment community once we have completed this exciting exploration programme," noted Executive Chairman Charles Thomas.

With drilling commencing imminently and results expected within the next two months, Marquee Resources represents an opportunity to gain exposure to one of the most dramatic commodity price increases in recent years, backed by intelligent exploration of a proven resource area.

Want to Capitalise on the Antimony Boom with Marquee Resources?

Don't miss this opportunity to invest in a company targeting extensions to a known antimony-gold resource at a time when antimony prices have surged tenfold. With drilling now underway at Mt Clement and results expected within months, now is the perfect time to conduct your own research into Marquee Resources. For comprehensive information about the company's projects and investment potential, visit www.marqueeresources.com.au today.