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Marquee Resources Ltd T.MQR


Primary Symbol: MRQUF

Marquee Resources Limited is an Australia-based critical metals explorer. The Company’s segments include Exploration and evaluation - USA, Exploration and evaluation - Australia, and other sectors. Its Exploration and evaluation - USA segment refers to the Clayton Valley Project Exploration licenses (EL’s) held in Nevada USA. The Company holds a 100% interest in these licenses through Sovereign Gold Nevada Inc, a wholly owned subsidiary of the Company. This segment also includes the Kibby and Lone Star projects. The Exploration and evaluation - Australia segment refer to Redlings REE, West Spargoville, Mt Clement and Yindi Projects in Western Australia. The West Spargoville Project (WSP) is the Company’s flagship Project, located within the core of the Southern Yilgarn Lithium Belt in Western Australia. Yindi Lithium Project is located 90km east of Kalgoorlie in the Kurnalpi Terrane of the Eastern Goldfields. The Clayton Valley Lithium Project (Clayton Valley) is in Nevada, USA.


OTCPK:MRQUF - Post by User

Comment by geosan0on Jan 26, 2018 4:34pm
76 Views
Post# 27444241

RE: geosan0

RE: geosan0
The goal is not to mine Wasamac in order to utilize the mill capacity but rather to optimize the remaining operations.  I attended the annual meeting this month where "OUR" CEO gave a presentation.  In the presentation "OUR" CEO plans to optimize both mills by continuing to source material for the Camflo mill in order to be able to divert the Beaufor ore to the Beacon mill which is closer to the Beaufor ore body.

All you would have had to do is ask if anyone attended the annual meeting to see if any of your concerns were raised and addressed or better yet you can call and speak to "OUR" CEO.  He is very personable.

Once again, Good luck to all the MQR longs and as I posted previously Wasamac is a project that provides optionality in a rising gold price environment in CDN $.

 

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