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An announcement from Strategic Energy Resources Limited ( (AU:SER) ) is now available.
Strategic Energy Resources Limited has announced the commencement of gravity and magnetotelluric surveys at the Canobie Project in northwest Queensland, in collaboration with Fortescue. These surveys aim to identify high-priority targets for potential copper-gold deposits, with Fortescue funding all exploration costs as part of their joint venture agreement. The surveys will refine exploration models and inform future drilling activities, potentially enhancing the project’s value and positioning SER as a key player in the copper-gold exploration sector.
More about Strategic Energy Resources Limited
Strategic Energy Resources Limited operates in the energy sector, focusing on the exploration and development of mineral resources. The company is involved in projects targeting Iron Oxide Copper-Gold (IOCG) mineralization, with a particular emphasis on areas with significant copper-gold deposits.
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$4.7M
For detailed information about SER stock, go to TipRanks’ Stock Analysis page.