This looks like its going to be a great ann - this will de-risk...

This looks like its going to be a great ann - this will de-risk the West Spargoville Lithium Project, to allow MQR to be aggressive on other projects. Maybe ESS or NMT which are our neighbours in the area, they both know what they are working with.
Bring on Thursday! Good luck all.


The West Spargoville Project
The West Spargoville Project is located in the core of the Southern Yilgarn Lithium Belt, an area that is well known
for spodumene deposits that include; the Bald Hill Mine, the Mt Marion Mine, the Buldania Project and Essential
Metals Pioneer Dome Project. The world-class Earl Grey deposit and the Mt Cattlin Mine are located further west
and south respectively (Figure 3). Marquee entered into an Option Agreement to acquire the West Spargoville
project (refer ASX Release dated 7th July 2020 and 23rd August 2021) which consists of 80km2 of highly prospective
tenure with very limited drilling historically completed on the Project.
WWW.MARQUEERESOURCES.COM.AU
22 Townshend Road, Subiaco WA 6008
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Northeast trending structures are the primary structural control on the location of pegmatites at the West
Spargoville Project with high-grade lithium bearing pegmatites (refer MXR ASX Release dated 15 Sept 2016) and
recently mapped pegmatites situated along these structures, as observed in magnetics data. This structural trend
is analogous to the orientation of spodumene bearing pegmatites at the Dome North Project 40km to the south
(Refer ESS ASX Release dated 19 July 2021).
In the Yilgarn Craton, pegmatites are located within 10 kilometres of a common granitic source with proximal
pegmatites the least evolved and poorly mineralized, containing only the general rock-forming minerals. More
distal and evolved pegmatites may include beryl, beryl and columbite, tantalite and Li aluminosilicates, and
pollucite in the most evolved pegmatites. The spatial zonation of pegmatites around a common granitic source is a
fundamental starting point for exploration models (London, 2018). In these Archean settings, regional-scale
structures control the distribution of pegmatites, being responsible for focusing and transporting fluids and
magmas.