17 Nov 2021

MQR COMMENCES DRILLING AT LONE STAR COPPER-GOLD PROJECT

WWW.MARQUEERESOURCES.COM.AU 22 Townshend Road Subiaco WA 6008 1 MQR COMMENCES DRILLING AT LONE STAR COPPER – GOLD PROJECT Marquee Resources Limited ( Company or Marquee ) ( ASX: MQR ) is pleased to announce that it has commenced a 5,800m drill program at the Lone Star Copper - Gold Project , which is situated in Washington State , USA. Drill Program • Initiation of a 5,800M drill program to supplement data from 252 historical drill holes. • 42 holes are planned to depths from 50 m to 270m with the following program objectives: - Confirm grade, width and tenor of mineralisation. - Test for nearby resource extensions to the east and south. - Upgrade the current historical resource to a new JORC 2012 compliant resource incorporating any additional tonnes generated from the drilling. Marquee Executive Chairman, Mr Charles Thomas commented; “ We are now drilling 24/7 and working as quickly as possible to not only prove up the existing resource to Australian standards, but are looking to increase the known size of the Project too. This is a very exciting time for the Company and its shareholders, and I lo ok forward to updating you as the results come to hand.” WWW.MARQUEERESOURCES.COM.AU 22 Townshend Road Subiaco WA 6008 2 About The Lone Star Project Please refer to ASX release “MQR to Acquire Transformational Lithium and Cu – Au projects” dated 5 November 2021 for full details. COMPETENT PERSON STATEMENT The information in this report which relates to Exploration Results is based on information compiled by Dr James Warren, a Competent Person who is a member of the Australian Institute of Geoscientists. Dr Warren is the Chief Technical Officer of Marquee Resources Limited. Dr Warren has sufficient experience relevant to the style of mineralisation and type of deposit under consideration and to the activity he is undertaking to qualify as a Competent Person as defined in t he 2012 Edition of the “Australian Code of Reporting of Exploration Results, Mineral Resources and Ore Reserves”. Dr Warren consents to the inclusion in this report of the matters based on the information in the form and context in which it appears. Forwar d Looking Statements Statements contained in this release, particularly those regarding possible or assumed future performance, costs, dividends, production levels or rates, prices, resources, reserves or potential growth of Marquee Resources Limited, are , or may be, forward looking statements. Such statements relate to future events and expectations and, as such, involve known and unknown risks and uncertainties. Actual results and developments may differ materially from those expressed or implied by thes e forward - looking statements depending on a variety of factors. WWW.MARQUEERESOURCES.COM.AU 22 Townshend Road Subiaco WA 6008 3 This ASX Release has been approved by the Board of Directors. Charles Thomas Executive Chairman Marquee Resources info@marqueeresources.com.au
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