- Strategic Energy Resources (SER) starts drilling at the Cottage Prospect, located within its East Tennant copper gold project in the Northern Territory
- Strategic Energy will be drilling two inclined diamond drill holes
- Drilling of these holes is expected to be completed by early October
- Following the East Tennant drilling program, the drill rig will move to Strategic Energy’s Canobie Project in northwest Queensland
- Company shares are trading in the grey at 4.8 cents per share at 12:43 pm AEST
Strategic Energy Resources (SER) has commenced drilling at the Cottage Prospect, located within its East Tennant copper gold project in the Northern Territory.
Strategic Energy will be drilling two inclined diamond drill holes. Drilling of hole BKDD001 has already begun and is designed to test the source of the pipe-like feature, shown in the gravity modelling.
The second hole is designed to test through the gravity feature and into the magnetic anomaly at depth.
Drilling of both holes is expected to be completed early October with lab assays to follow.
This drilling program was awarded co-funding from the Northern Territory Government under the Resourcing the Territory initiative.
Following the East Tennant drilling program, the drill rig will move to Strategic Energy’s Canobie Project in northwest Queensland.
Company shares were trading in the grey at 4.8 cents per share at 12:43 pm AEST.