Marquee Resources: Continues to unlock potential at Lone Star

Marquee Resources Continues to unlock potential at Lone Star

  • Marquee Resources (MQR) intersects wide zones of mineralisation at the Lone Star copper-gold project in Washington State, USA
  • The second batch of results from a 42-hole diamond drilling program highlighted continuous zones of high-grade copper and gold as well as some high grades of silver
  • Executive Chair Charles Thomas says the results confirm the “outstanding opportunity” the project represents and there’s potential to increase the historical resource envelope
  • The drilling is expected to wrap up by the end of the current quarter and results will be used to deliver a JORC-compliant mineral resource estimate for the Lone Star project
  • Marquee shares dropped 10.7 per cent to trade at 12.5 cents
Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

You May Also Like

Lloyds Strengthens AI Strategy After Assessing Financial Value of Deployments

The bank plans to enhance its artificial intelligence capabilities further.Highlights: Lloyds assesses the financial value of its AI...

Santander Tightens Operations with Closure of 44 More Branches

The bank continues its restructuring as customer preferences shift to digital banking.Highlights: Santander is closing 44 more branches...

Stablecoin Bank Kontigo Suffers Cyber Attack, Disrupting Operations

The cyber incident raises concerns about security in fintech.Highlights: Kontigo, a prominent stablecoin bank, experienced a cyber attack.The...

Universal Launches UAE’s First Central Bank Registered Stablecoin

The new digital currency aims to enhance financial transactions in the UAE.Highlights: Universal launched the UAE's first Central...