Marquee Resources Limited is an Australia-based company, which focuses on mineral exploration and development. The Company's claims are situated at an altitude of 1,300 meters to 1,450 meters, approximately 30 kilometers northwest from the town of Goldfield. The lake has historical production of lithium-bearing brines from Silver Peak operations. Its claims consist of approximately 110 (40 and 20 acre) mineral claims on the United States Bureau of Land Management administered land covering approximately 3,000 acres along the southeast side of the playa lake. The claims are situated adjacent to the southeastern edge of the Clayton Valley salt pan. Clayton Valley occurs as a topographic low within the Basin and Range Province. Clayton Valley is a typical north-south oriented topographical low surrounded by rolling to rugged hills and ranges. Clayton Valley is a broad open playa valley lying within the geographical and geological Basin and range Province of western United States.