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Project: | Werner Lake | |
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Deposit: | Werner Lake | |
Location: | Canada | |
Commodities: | Cobalt-Copper-Gold | |
Date: | 11/27/2018 | |
Report Code: | JORC | |
Report Type: | Exploration/Drilling Update | |
Project Stage: | Pursuing Resource Increase/Upgrade | |
Report details: | 27-11-2018: Marquee Resources Ltd. announces an Exploration/Drilling Update report for its Werner Lake deposit at the Werner Lake project. Drilling results incl. 7.33m @ 0.827% Co from 75.28m. Marquee Resources Limited (“Marquee” or the “Company”) (ASX:MQ | |
Resources: | (not mentioned in this report) | |
CP/QP: | [Overall Report]: Paul Sarjeant (Independent) | |
ABSTRACT: | Marquee Resources Limited (“Marquee” or the “Company”) (ASX:MQR) is pleased to announce that it has received the assay results from metallurgical drill holes 18MET-01 to 18MET-05 (Table 1) at its Werner Lake Cobalt project (“Werner Lake”), located in Ontario, Canada. All metallurgical holes were drilled primarily to provide core for metallurgical work, of which approximately 150 kgs of HQ core was composited and has been shipped to the SGS Lakefield lab for further metallurgical work. Following the analysis by SGS, samples will then be sent to Chinahitrans who will conduct their own metallurgical testing and subject to a successful outcome, current negotiations under way for a Formal Offtake Agreement may be finalised. The composited sample will be stage-crushed to pass 10 mesh and homogenized. A head sample will be selected and submitted for Co, Cu, Fe and As analysis. The program is expected to take 3 months to complete. Metallurgical work will include: | |
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