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Lithium Brine and Clay Targets Identified from Gravity Data–Clayton Valley, NevadaHighlights•Recently acquired gravity data identifiesa highly prospectivechannelfor brine and clay hosted lithium, east of the Clayton Valley.•Clayton Valley Lithium Project (“Clayton Valley” or “The Project”)covers approximately ~12sqkm of claimsin an areaendowed with both lithium-rich brines and clays. The Project is locatedwithinthe southern portion of the Clayton Valley Basin,proximal to the Silver Peak lithium mine which is the only producing lithium mine in North America-owned by the world’s largest lithium producer, Albemarle.•The Project isapproximately 3.5 hours from Tesla’s Gigafactory Number 1, a large lithium-ion battery factory, and adjacent to Pure Energy Minerals (TSXV:PE) current mineral resource.•Clayton Valley drilling is planned to test high-priority targets in Q3-2022.Whilst the highly prospective Kibby Basin Lithium Project (located 10km east of ASX-listed Ioneer Ltd (ASX: INR) flagship Rhyolite Ridge Lithium-Boron Project) commenced drilling last week.Marquee Resources Limited(“Marquee” or “The Company”) (ASX:MQR) is pleased to announce the highly encouraging results from a recently completed ground gravity survey at the Clayton Valley LithiumProject, Nevada, USA.Results from the gravity survey identify a northeast trending channel on the eastern edge ofthe Clayton Valleythat is interpreted to be prospective for brine and clay hosted lithium(Figure 1). The Company completed aninitial drillprogram (refer ASX release 26 November 2017)thatconfirmed the presence of lithium brine and a lithium hostinghorizon on the Western side of the property. These results, coupled with the gravity results presented in this release,has proven that the lithium potentialextends further east than previously considered. The project is approximately 3.5 hours from Tesla’s Gigafactory Number 1, a large lithium-ion battery factorythatsits on a gravity high interpreted to represent a graben (uplifted basin sediments),associated with normal faulting adjacent to Pure Energy Minerals (TSXV:PE) current mineral resource. Drilling on these highly prospective Clayton Valley targetsis planned to be completed in Q3-2022 and will test the high-priority targets generated from the gravity survey.