Marquee Adds Canadian Cobalt Expertise
Marquee Resources Limited (ASX:MQR) today announced it has appointed the highly experienced Mr Paul Sarjeant to its Canadian in-country management team as General Manager of North American operations.
For more than 25 years Sarjeant, P.Geo., has been involved in mineral exploration and development in North and South America and throughout Africa, Asia and Europe, and has now been involved in cobalt exploration for more than six years. He also spent over 13 years with Echo Bay Mines responsible for all project evaluations and has held several senior management positions in the junior resource sector since establishing his consulting practice.
Sarjeant’s primary responsibility at MQR will be the implementation of the upcoming exploration programme at the Werner Lake Cobalt project that’s located in Ontario, Canada, in which MQR has a newly acquired interest.
The Werner Lake project, which abuts First Cobalt Corporation’s (ASX:FCC) cobalt assets, will now be the focus of an aggressive exploration programme, designed to increase the existing Indicated Mineral Resource of 79,400 Tonnes at 0.43% cobalt, which remains open in all directions.
Overall this is an early stage play and as such any investment decision should be made with caution and professional financial advice should be sought.
Managing Director Comment Marquee Managing Director, Mr Charles Thomas, commented “We are pleased to welcome Mr Sarjeant to the Marquee team. There is a dearth of experienced base metals and cobalt technical experts in the market, and so for Marquee to attract someone of the calibre of Paul to the team is a significant coup.”
“Given the well documented future supply issues for cobalt and recent corporate activity in the sector ,we are very excited to now embark on the aggressive exploration program at Werner Lake, and are keen to rapidly unlock the significant potential of the deposit and regional surrounds.
The company expect Sarjeant’s appointment to be the first of many as it bolsters its management team ahead of a meaningful exploration programme at Werner Lake, as well as the ongoing progression of this asset and that of the company overall.
MQR is also currently eyeing a number high calibre candidates for the position of Chief Geologist and expects to make an appointment — and associated announcement — in the coming weeks.
S3 Consortium Pty Ltd (CAR No.433913) is a corporate authorised representative of Longhou Capital Markets Pty Ltd (AFSL No. 292464). The information contained in this article is general information only. Any advice is general advice only. Neither your personal objectives, financial situation nor needs have been taken into consideration. Accordingly you should consider how appropriate the advice (if any) is to those objectives, financial situation and needs, before acting on the advice.
Conflict of Interest Notice
S3 Consortium Pty Ltd does and seeks to do business with companies featured in its articles. As a result, investors should be aware that the Firm may have a conflict of interest that could affect the objectivity of this article. Investors should consider this article as only a single factor in making any investment decision. The publishers of this article also wish to disclose that they may hold this stock in their portfolios and that any decision to purchase this stock should be done so after the purchaser has made their own inquires as to the validity of any information in this article.
The information contained in this article is current at the finalised date. The information contained in this article is based on sources reasonably considered to be reliable by S3 Consortium Pty Ltd, and available in the public domain. No “insider information” is ever sourced, disclosed or used by S3 Consortium.